Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to assets ratio high or low?
The debt to assets ratio of 44.00% is in line with its 5-year average of 44.70%, around the middle of its 5-year range (42.79%–46.01%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.11% below its 12-month average of 44.49%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
44.00%
DEBT TO ASSETS RATIO AVG TTM
44.49%
DEBT TO ASSETS RATIO AVG 3Y
44.29%
DEBT TO ASSETS RATIO AVG 5Y
44.70%
DEBT TO ASSETS RATIO AVG 10Y
46.06%
DEBT TO ASSETS RATIO AVG 15Y
45.84%
DEBT TO ASSETS RATIO AVG 20Y
47.23%
CURRENT VS TTM AVG
-1.11%
CURRENT VS 3Y AVG
-0.66%
CURRENT VS 5Y AVG
-1.58%
CURRENT VS 10Y AVG
-4.47%
CURRENT VS 15Y AVG
-4.02%
CURRENT VS 20Y AVG
-6.83%
SECTOR MEDIAN · INDUSTRIALS
0.27%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+16503.05%
vs the sector median at left
Caterpillar Inc.
Market Cap
$378.86B
Debt to Assets Ratio
44.00%
TTM Avg
44.49%
3Y Avg
44.29%
5Y Avg
44.70%
Market Cap
$194.71B
Debt to Assets Ratio
0.29%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$171.36B
Debt to Assets Ratio
0.44%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Caterpillar Inc. (CAT) | $378.86B | 44.00% | 44.49% | 44.29% | 44.70% |
| GE Aerospace (GE)vs › | $347.49B | 0.15% | N/A | N/A | N/A |
| RTX Corporation (RTX)vs › | $267.95B | 0.22% | N/A | N/A | N/A |
| GE Vernova Inc. (GEV)vs › | $258.69B | 0.05% | N/A | N/A | N/A |
| Siemens AG (SIEGY)vs › | $241.51B | 0.30% | N/A | N/A | N/A |
| Schneider Electric S.E. (SBGSY)vs › | $194.71B | 0.29% | N/A | N/A | N/A |
| Deere & Company (DE)vs › | $183.75B | 0.60% | N/A | N/A | N/A |
| ABB Ltd (ABBNY)vs › | $180.73B | 0.20% | N/A | N/A | N/A |
| Union Pacific Corporation (UNP)vs › | $171.36B | 0.44% | N/A | N/A | N/A |
| The Boeing Company (BA)vs › | $166.55B | 0.28% | N/A | N/A | N/A |
Debt/Assets
44.0%
Debt/Equity
2.33
Current Ratio
1.37
Interest Coverage
10.9x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO ASSETS RATIO |
|---|---|
| 2026-06-30 | 44.00% |
| 2026-03-31 | 45.07% |
| 2025-12-31 | 43.95% |
| 2025-09-30 | 44.32% |
| 2025-06-30 | 45.11% |
| 2025-03-31 | 45.41% |
| 2024-12-31 | 43.76% |
| 2024-09-30 | 43.93% |
| 2024-06-30 | 44.77% |
| 2024-03-31 | 45.20% |
| 2023-12-31 | 43.30% |
| 2023-09-30 | 42.79% |
| 2023-06-30 | 44.13% |
| 2023-03-31 | 44.28% |
| 2022-12-31 | 45.14% |
| 2022-09-30 | 45.14% |
| 2022-06-30 | 45.57% |
| 2022-03-31 | 45.68% |
| 2021-12-31 | 45.64% |
| 2021-09-30 | 45.53% |
| 2021-06-30 | 46.01% |
| 2021-03-31 | 47.29% |
| 2020-12-31 | 47.45% |
| 2020-09-30 | 49.68% |
| 2020-06-30 | 50.44% |
| 2020-03-31 | 48.87% |
| 2019-12-31 | 48.00% |
| 2019-09-30 | 48.60% |
| 2019-06-30 | 45.81% |
| 2019-03-31 | 45.45% |
| 2018-12-31 | 46.56% |
| 2018-09-30 | 45.74% |
| 2018-06-30 | 45.79% |
| 2018-03-31 | 45.27% |
| 2017-12-31 | 45.32% |
| 2017-09-30 | 45.73% |
| 2017-06-30 | 47.37% |
| 2017-03-31 | 49.36% |
| 2016-12-31 | 49.24% |
| 2016-09-30 | 48.57% |
| 2016-06-30 | 48.94% |
| 2016-03-31 | 48.99% |
| 2015-12-31 | 48.52% |
| 2015-09-30 | 47.54% |
| 2015-06-30 | 46.59% |
| 2015-03-31 | 47.01% |
| 2014-12-31 | 46.39% |
| 2014-09-30 | 46.49% |
| 2014-06-30 | 45.82% |
| 2014-03-31 | 45.13% |
| 2013-12-31 | 44.47% |
| 2013-09-30 | 45.30% |
| 2013-06-30 | 45.27% |
| 2013-03-31 | 45.62% |
| 2012-12-31 | 45.12% |
| 2012-09-30 | 44.02% |
| 2012-06-30 | 44.26% |
| 2012-03-31 | 42.85% |
| 2011-12-31 | 42.59% |
| 2011-09-30 | 44.09% |
| 2011-06-30 | 46.71% |
| 2011-03-31 | 44.57% |
| 2010-12-31 | 44.39% |
| 2010-09-30 | 46.41% |
| 2010-06-30 | 49.59% |
| 2010-03-31 | 51.28% |
| 2009-12-31 | 52.68% |
| 2009-09-30 | 52.79% |
| 2009-06-30 | 53.62% |
| 2009-03-31 | 54.14% |
| 2008-12-31 | 52.43% |
| 2008-09-30 | 53.19% |
| 2008-06-30 | 51.27% |
| 2008-03-31 | 51.21% |
| 2007-12-31 | 50.65% |
| 2007-09-30 | 50.10% |
| 2007-06-30 | 51.50% |
| 2007-03-31 | 52.36% |
| 2006-12-31 | 53.05% |
| 2006-09-30 | 54.30% |
| 2006-06-30 | 54.69% |
| 2006-03-31 | 53.94% |
| 2005-12-31 | 54.14% |
| 2005-09-30 | 54.58% |
| 2005-06-30 | 54.61% |
| 2005-03-31 | 55.10% |
| 2004-12-31 | 54.59% |
| 2004-09-30 | 55.14% |
| 2004-06-30 | 55.31% |
| 2004-03-31 | 55.23% |
| 2003-12-31 | 55.25% |
| 2003-09-30 | 53.40% |
| 2003-06-30 | 53.00% |
| 2003-03-31 | 54.43% |
| 2002-12-31 | 54.61% |
| 2002-09-30 | 54.86% |
