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 43.28% is in line with its 5-year average of 43.89%, around the middle of its 5-year range (41.33%–45.77%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.73% below its 12-month average of 44.49%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 43.28%.
DEBT TO ASSETS RATIO
43.28%
DEBT TO ASSETS RATIO AVG TTM
44.49%
DEBT TO ASSETS RATIO AVG 3Y
44.68%
DEBT TO ASSETS RATIO AVG 5Y
43.89%
DEBT TO ASSETS RATIO AVG 10Y
43.06%
DEBT TO ASSETS RATIO AVG 15Y
37.57%
DEBT TO ASSETS RATIO AVG 20Y
35.28%
CURRENT VS TTM AVG
-2.73%
CURRENT VS 3Y AVG
-3.13%
CURRENT VS 5Y AVG
-1.40%
CURRENT VS 10Y AVG
+0.51%
CURRENT VS 15Y AVG
+15.19%
CURRENT VS 20Y AVG
+22.66%
SECTOR MEDIAN · INDUSTRIALS
0.27%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+16231.73%
vs the sector median at left
CSX Corporation
Market Cap
$90.24B
Debt to Assets Ratio
43.28%
TTM Avg
44.49%
3Y Avg
44.68%
5Y Avg
43.89%
Market Cap
$91.49B
Debt to Assets Ratio
0.34%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$92.63B
Debt to Assets Ratio
0.23%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$85.66B
Debt to Assets Ratio
0.50%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$95.55B
Debt to Assets Ratio
0.16%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$84.93B
Debt to Assets Ratio
0.40%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$96.22B
Debt to Assets Ratio
0.19%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CSX Corporation (CSX) | $90.24B | 43.28% | 44.49% | 44.68% | 43.89% |
| Howmet Aerospace Inc. (HWM)vs › | $91.49B | 0.34% | N/A | N/A | N/A |
| Quanta Services, Inc. (PWR)vs › | $92.63B | 0.23% | N/A | N/A | N/A |
| Waste Management, Inc. (WM)vs › | $85.66B | 0.50% | N/A | N/A | N/A |
| Vertiv Holdings Co (VRT)vs › | $95.39B | 0.20% | N/A | N/A | N/A |
| General Dynamics Corporation (GD)vs › | $95.55B | 0.16% | N/A | N/A | N/A |
| United Parcel Service, Inc. (UPS)vs › | $84.93B | 0.40% | N/A | N/A | N/A |
| Trane Technologies plc (TT)vs › | $96.22B | 0.19% | N/A | N/A | N/A |
| 3M Company (MMM)vs › | $83.95B | 0.36% | N/A | N/A | N/A |
| Emerson Electric Co. (EMR)vs › | $82.46B | 0.33% | N/A | N/A | N/A |
Debt/Assets
43.3%
Debt/Equity
1.37
Current Ratio
0.82
Interest Coverage
5.4x
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 | 43.28% |
| 2026-03-31 | 43.72% |
| 2025-12-31 | 44.30% |
| 2025-09-30 | 45.39% |
| 2025-06-30 | 45.77% |
| 2025-03-31 | 45.41% |
| 2024-12-31 | 44.40% |
| 2024-09-30 | 44.20% |
| 2024-06-30 | 44.87% |
| 2024-03-31 | 44.51% |
| 2023-12-31 | 45.07% |
| 2023-09-30 | 45.28% |
| 2023-06-30 | 44.62% |
| 2023-03-31 | 44.36% |
| 2022-12-31 | 44.22% |
| 2022-09-30 | 43.88% |
| 2022-06-30 | 41.33% |
| 2022-03-31 | 41.56% |
| 2021-12-31 | 41.56% |
| 2021-09-30 | 42.05% |
| 2021-06-30 | 41.99% |
| 2021-03-31 | 42.33% |
| 2020-12-31 | 43.12% |
| 2020-09-30 | 43.02% |
| 2020-06-30 | 43.66% |
| 2020-03-31 | 44.35% |
| 2019-12-31 | 43.73% |
| 2019-09-30 | 44.57% |
| 2019-06-30 | 43.05% |
| 2019-03-31 | 42.78% |
| 2018-12-31 | 40.18% |
| 2018-09-30 | 37.36% |
| 2018-06-30 | 37.34% |
| 2018-03-31 | 36.83% |
| 2017-12-31 | 33.04% |
| 2017-09-30 | 33.19% |
| 2017-06-30 | 32.97% |
| 2017-03-31 | 31.63% |
| 2016-12-31 | 31.89% |
| 2016-09-23 | 30.33% |
| 2016-06-24 | 30.50% |
| 2016-03-25 | 30.44% |
| 2015-12-31 | 30.07% |
| 2015-09-25 | 29.71% |
| 2015-06-26 | 29.98% |
| 2015-03-27 | 29.37% |
| 2014-12-31 | 29.47% |
| 2014-09-26 | 29.48% |
| 2014-06-27 | 29.11% |
| 2014-03-28 | 29.50% |
| 2013-12-31 | 30.06% |
| 2013-09-27 | 29.25% |
| 2013-06-28 | 30.36% |
| 2013-03-29 | 30.79% |
| 2012-12-31 | 32.16% |
| 2012-09-28 | 30.28% |
| 2012-06-29 | 30.72% |
| 2012-03-30 | 31.26% |
| 2011-12-31 | 31.35% |
| 2011-09-30 | 30.64% |
| 2011-07-01 | 30.24% |
| 2011-04-01 | 29.52% |
| 2010-12-31 | 30.79% |
| 2010-09-24 | 29.24% |
| 2010-06-25 | 29.67% |
| 2010-03-26 | 29.38% |
| 2009-12-31 | 29.62% |
| 2009-09-25 | 30.43% |
| 2009-06-26 | 30.86% |
| 2009-03-27 | 31.28% |
| 2008-12-31 | 29.79% |
| 2008-09-26 | 29.70% |
| 2008-06-27 | 29.79% |
| 2008-03-28 | 30.79% |
| 2007-12-31 | 28.42% |
| 2007-09-28 | 27.00% |
| 2007-06-29 | 23.89% |
| 2007-03-30 | 23.80% |
| 2006-12-31 | 23.73% |
| 2006-09-29 | 24.15% |
| 2006-06-30 | 24.17% |
| 2006-03-31 | 24.41% |
| 2005-12-31 | 24.88% |
| 2005-09-30 | 25.01% |
| 2005-07-01 | 25.35% |
| 2005-04-01 | 28.39% |
| 2004-12-31 | 29.83% |
| 2004-09-24 | 30.29% |
| 2004-06-25 | 34.36% |
| 2004-03-26 | 34.20% |
| 2003-12-31 | 33.61% |
| 2003-09-26 | 35.50% |
| 2003-06-27 | 34.79% |
| 2003-03-28 | 33.61% |
| 2002-12-31 | 33.66% |
| 2002-09-27 | 34.43% |
