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 18.74% is in line with its 5-year average of 19.44%, near the low end of its 5-year range (17.88%–23.43%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.71% below its 12-month average of 19.07%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
18.74%
DEBT TO ASSETS RATIO AVG TTM
19.07%
DEBT TO ASSETS RATIO AVG 3Y
19.09%
DEBT TO ASSETS RATIO AVG 5Y
19.44%
DEBT TO ASSETS RATIO AVG 10Y
22.33%
DEBT TO ASSETS RATIO AVG 15Y
21.33%
DEBT TO ASSETS RATIO AVG 20Y
19.33%
CURRENT VS TTM AVG
-1.71%
CURRENT VS 3Y AVG
-1.84%
CURRENT VS 5Y AVG
-3.57%
CURRENT VS 10Y AVG
-16.06%
CURRENT VS 15Y AVG
-12.12%
CURRENT VS 20Y AVG
-3.05%
SECTOR MEDIAN · ENERGY
0.22%
median of 49 covered companies
CURRENT VS SECTOR MEDIAN
+8419.46%
vs the sector median at left
ConocoPhillips
Market Cap
$164.86B
Debt to Assets Ratio
18.74%
TTM Avg
19.07%
3Y Avg
19.09%
5Y Avg
19.44%
Market Cap
$116.13B
Debt to Assets Ratio
0.36%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$110.27B
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$106.37B
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$91.55B
Debt to Assets Ratio
0.51%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$84.07B
Debt to Assets Ratio
0.42%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ConocoPhillips (COP) | $164.86B | 18.74% | 19.07% | 19.09% | 19.44% |
| TotalEnergies SE (TTE)vs › | $200.89B | 0.20% | N/A | N/A | N/A |
| Marathon Petroleum Corporation (MPC)vs › | $116.13B | 0.36% | N/A | N/A | N/A |
| Valero Energy Corporation (VLO)vs › | $110.27B | 0.18% | N/A | N/A | N/A |
| Canadian Natural Resources Limited (CNQ)vs › | $106.37B | 0.18% | N/A | N/A | N/A |
| Phillips 66 (PSX)vs › | $104.11B | 0.25% | N/A | N/A | N/A |
| The Williams Companies, Inc. (WMB)vs › | $91.55B | 0.51% | N/A | N/A | N/A |
| Slb N.V. (SLB)vs › | $85.98B | 0.23% | N/A | N/A | N/A |
| Enterprise Products Partners L.P. (EPD)vs › | $84.07B | 0.42% | N/A | N/A | N/A |
| Suncor Energy Inc. (SU)vs › | $80.13B | 0.15% | N/A | N/A | N/A |
Debt/Assets
18.7%
Debt/Equity
0.36
Current Ratio
1.54
Interest Coverage
9.2x
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 | 18.74% |
| 2026-03-31 | 19.01% |
| 2025-12-31 | 19.23% |
| 2025-09-30 | 19.17% |
| 2025-06-30 | 19.19% |
| 2025-03-31 | 19.14% |
| 2024-12-31 | 20.65% |
| 2024-09-30 | 18.93% |
| 2024-06-30 | 19.12% |
| 2024-03-31 | 19.32% |
| 2023-12-31 | 20.47% |
| 2023-09-30 | 20.36% |
| 2023-06-30 | 18.35% |
| 2023-03-31 | 18.14% |
| 2022-12-31 | 18.32% |
| 2022-09-30 | 17.88% |
| 2022-06-30 | 18.11% |
| 2022-03-31 | 20.09% |
| 2021-12-31 | 21.99% |
| 2021-09-30 | 22.53% |
| 2021-06-30 | 23.43% |
| 2021-03-31 | 23.93% |
| 2020-12-31 | 24.54% |
| 2020-09-30 | 24.36% |
| 2020-06-30 | 23.79% |
| 2020-03-31 | 23.02% |
| 2019-12-31 | 22.45% |
| 2019-09-30 | 22.36% |
| 2019-06-30 | 22.41% |
| 2019-03-31 | 22.26% |
| 2018-12-31 | 21.39% |
| 2018-09-30 | 21.26% |
| 2018-06-30 | 21.72% |
| 2018-03-31 | 24.10% |
| 2017-12-31 | 26.86% |
| 2017-09-30 | 28.06% |
| 2017-06-30 | 30.09% |
| 2017-03-31 | 30.05% |
| 2016-12-31 | 30.38% |
| 2016-09-30 | 30.43% |
| 2016-06-30 | 29.86% |
| 2016-03-31 | 29.50% |
| 2015-12-31 | 25.52% |
| 2015-09-30 | 23.49% |
| 2015-06-30 | 22.25% |
| 2015-03-31 | 20.46% |
| 2014-12-31 | 19.36% |
| 2014-09-30 | 17.81% |
| 2014-06-30 | 17.46% |
| 2014-03-31 | 17.67% |
| 2013-12-31 | 18.35% |
| 2013-09-30 | 18.09% |
| 2013-06-30 | 18.57% |
| 2013-03-31 | 18.40% |
| 2012-12-31 | 18.55% |
| 2012-09-30 | 18.30% |
| 2012-06-30 | 20.18% |
| 2012-03-31 | 17.41% |
| 2011-12-31 | 14.76% |
| 2011-09-30 | 14.97% |
| 2011-06-30 | 14.49% |
| 2011-03-31 | 14.54% |
| 2010-12-31 | 15.09% |
| 2010-09-30 | 15.19% |
| 2010-06-30 | 17.35% |
| 2010-03-31 | 18.72% |
| 2009-12-31 | 18.78% |
| 2009-09-30 | 23.38% |
| 2009-06-30 | 23.79% |
| 2009-03-31 | 24.35% |
| 2008-12-31 | 19.22% |
| 2008-09-30 | 11.97% |
| 2008-06-30 | 11.53% |
| 2008-03-31 | 11.73% |
| 2007-12-31 | 12.20% |
| 2007-09-30 | 12.61% |
| 2007-06-30 | 13.35% |
| 2007-03-31 | 13.66% |
| 2006-12-31 | 16.47% |
| 2006-09-30 | 16.98% |
| 2006-06-30 | 18.23% |
| 2006-03-31 | 20.16% |
| 2005-12-31 | 11.70% |
| 2005-09-30 | 12.93% |
| 2005-06-30 | 14.38% |
| 2005-03-31 | 14.46% |
| 2004-12-31 | 16.16% |
| 2004-09-30 | 17.44% |
| 2004-06-30 | 18.26% |
| 2004-03-31 | 20.26% |
| 2003-12-31 | 21.56% |
| 2003-09-30 | 22.88% |
| 2003-06-30 | 21.76% |
| 2003-03-31 | 22.77% |
| 2002-12-31 | 25.72% |
| 2002-09-30 | 26.40% |
