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 28.17% is in line with its 5-year average of 28.71%, near the low end of its 5-year range (25.73%–38.85%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.11% above its 12-month average of 27.32%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
28.17%
DEBT TO ASSETS RATIO AVG TTM
27.32%
DEBT TO ASSETS RATIO AVG 3Y
27.46%
DEBT TO ASSETS RATIO AVG 5Y
27.76%
DEBT TO ASSETS RATIO AVG 10Y
35.26%
DEBT TO ASSETS RATIO AVG 15Y
34.88%
DEBT TO ASSETS RATIO AVG 20Y
33.61%
CURRENT VS TTM AVG
+3.11%
CURRENT VS 3Y AVG
+2.57%
CURRENT VS 5Y AVG
+1.45%
CURRENT VS 10Y AVG
-20.13%
CURRENT VS 15Y AVG
-19.25%
CURRENT VS 20Y AVG
-16.20%
SECTOR MEDIAN · INDUSTRIALS
0.28%
median of 128 covered companies
CURRENT VS SECTOR MEDIAN
+9959.22%
vs the sector median at left
Canadian Pacific Kansas City Ltd.
Market Cap
$80.57B
Debt to Assets Ratio
28.17%
TTM Avg
27.32%
3Y Avg
27.46%
5Y Avg
27.76%
Market Cap
$82.03B
Debt to Assets Ratio
0.32%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$77.47B
Debt to Assets Ratio
0.37%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$76.49B
Debt to Assets Ratio
0.38%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$84.72B
Debt to Assets Ratio
0.59%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$75.66B
Debt to Assets Ratio
0.37%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$88.24B
Debt to Assets Ratio
0.40%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Canadian Pacific Kansas City Ltd. (CP) | $80.57B | 28.17% | 27.32% | 27.46% | 27.76% |
| Cintas Corporation (CTAS)vs › | $81.51B | 0.26% | N/A | N/A | N/A |
| Northrop Grumman Corporation (NOC)vs › | $82.03B | 0.32% | N/A | N/A | N/A |
| Honeywell International Inc. (HON)vs › | $77.47B | 0.37% | N/A | N/A | N/A |
| Canadian National Railway Company (CNI)vs › | $76.49B | 0.38% | N/A | N/A | N/A |
| Illinois Tool Works Inc. (ITW)vs › | $84.72B | 0.59% | N/A | N/A | N/A |
| FedEx Corporation (FDX)vs › | $76.06B | 0.43% | N/A | N/A | N/A |
| Norfolk Southern Corporation (NSC)vs › | $75.66B | 0.37% | N/A | N/A | N/A |
| United Parcel Service, Inc. (UPS)vs › | $88.24B | 0.40% | N/A | N/A | N/A |
| Emerson Electric Co. (EMR)vs › | $88.65B | 0.33% | N/A | N/A | N/A |
Debt/Assets
28.2%
Debt/Equity
0.54
Current Ratio
0.59
Interest Coverage
6.4x
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 | 28.17% |
| 2026-03-31 | 27.74% |
| 2025-12-31 | 26.98% |
| 2025-09-30 | 27.56% |
| 2025-06-30 | 26.14% |
| 2025-03-31 | 25.73% |
| 2024-12-31 | 26.01% |
| 2024-09-30 | 26.65% |
| 2024-06-30 | 27.33% |
| 2024-03-31 | 27.83% |
| 2023-12-31 | 28.41% |
| 2023-09-30 | 29.07% |
| 2023-06-30 | 29.38% |
| 2023-03-31 | 26.48% |
| 2022-12-31 | 26.92% |
| 2022-09-30 | 28.56% |
| 2022-06-30 | 29.16% |
| 2022-03-31 | 29.52% |
| 2021-12-31 | 29.86% |
| 2021-09-30 | 38.85% |
| 2021-06-30 | 36.53% |
| 2021-03-31 | 41.71% |
| 2020-12-31 | 42.33% |
| 2020-09-30 | 42.51% |
| 2020-06-30 | 41.98% |
| 2020-03-31 | 44.43% |
| 2019-12-31 | 40.38% |
| 2019-09-30 | 41.50% |
| 2019-06-30 | 40.64% |
| 2019-03-31 | 40.73% |
| 2018-12-31 | 40.51% |
| 2018-09-30 | 39.25% |
| 2018-06-30 | 41.01% |
| 2018-03-31 | 41.13% |
| 2017-12-31 | 40.27% |
| 2017-09-30 | 41.75% |
| 2017-06-30 | 43.11% |
| 2017-03-31 | 44.41% |
| 2016-12-31 | 44.59% |
| 2016-09-30 | 45.72% |
| 2016-06-30 | 45.00% |
| 2016-03-31 | 43.69% |
| 2015-12-31 | 46.50% |
| 2015-09-30 | 47.08% |
| 2015-06-30 | 38.53% |
| 2015-03-31 | 37.39% |
| 2014-12-31 | 34.61% |
| 2014-09-30 | 28.35% |
| 2014-06-30 | 27.77% |
| 2014-03-31 | 28.12% |
| 2013-12-31 | 30.22% |
| 2013-09-30 | 30.30% |
| 2013-06-30 | 31.34% |
| 2013-03-31 | 31.57% |
| 2012-12-31 | 31.85% |
| 2012-09-30 | 32.13% |
| 2012-06-30 | 33.30% |
| 2012-03-31 | 33.24% |
| 2011-12-31 | 33.82% |
| 2011-09-30 | 31.03% |
| 2011-06-30 | 30.97% |
| 2011-03-31 | 31.21% |
| 2010-12-31 | 31.55% |
| 2010-09-30 | 32.74% |
| 2010-06-30 | 30.57% |
| 2010-03-31 | 32.70% |
| 2009-12-31 | 30.54% |
| 2009-09-30 | 27.08% |
| 2009-06-30 | 28.73% |
| 2009-03-31 | 31.07% |
| 2008-12-31 | 31.54% |
| 2008-09-30 | 33.23% |
| 2008-06-30 | 32.97% |
| 2008-03-31 | 32.64% |
| 2007-12-31 | 32.97% |
| 2007-09-30 | 24.80% |
| 2007-06-30 | 26.33% |
| 2007-03-31 | 25.12% |
| 2006-12-31 | 26.32% |
| 2006-09-30 | 26.22% |
| 2006-06-30 | 26.47% |
| 2006-03-31 | 27.41% |
| 2005-12-31 | 27.55% |
| 2005-09-30 | 28.25% |
| 2005-06-30 | 29.74% |
| 2005-03-31 | 31.77% |
| 2004-12-31 | 31.91% |
| 2004-09-30 | 33.09% |
| 2004-06-30 | 34.78% |
| 2004-03-31 | 34.93% |
| 2003-12-31 | 33.77% |
| 2003-09-30 | 34.83% |
| 2003-06-30 | 33.05% |
| 2003-03-31 | 35.47% |
| 2002-12-31 | 34.40% |
| 2002-09-30 | 35.28% |
