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 47.38% is in line with its 5-year average of 46.51%, near the high end of its 5-year range (41.85%–49.47%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.96% below its 12-month average of 48.33%.
Reported quarterly debt to assets ratio; no daily interpolation. Q4 FY2026 (2026-06-30): 47.38%.
DEBT TO ASSETS RATIO
47.38%
DEBT TO ASSETS RATIO AVG TTM
48.33%
DEBT TO ASSETS RATIO AVG 3Y
47.26%
DEBT TO ASSETS RATIO AVG 5Y
46.51%
DEBT TO ASSETS RATIO AVG 10Y
42.70%
DEBT TO ASSETS RATIO AVG 15Y
41.86%
DEBT TO ASSETS RATIO AVG 20Y
42.11%
CURRENT VS TTM AVG
-1.96%
CURRENT VS 3Y AVG
+0.27%
CURRENT VS 5Y AVG
+1.88%
CURRENT VS 10Y AVG
+10.95%
CURRENT VS 15Y AVG
+13.18%
CURRENT VS 20Y AVG
+12.52%
SECTOR MEDIAN · CONSUMER DEFENSIVE
0.38%
median of 56 covered companies
CURRENT VS SECTOR MEDIAN
+12535.14%
vs the sector median at left
Diageo plc
Market Cap
$47.12B
Debt to Assets Ratio
47.38%
TTM Avg
48.33%
3Y Avg
47.26%
5Y Avg
46.51%
Market Cap
$44.79B
Debt to Assets Ratio
0.38%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$41.32B
Debt to Assets Ratio
0.39%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$38.77B
Debt to Assets Ratio
0.17%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$33.27B
Debt to Assets Ratio
0.47%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Diageo plc (DEO) | $47.12B | 47.38% | 48.33% | 47.26% | 46.51% |
| Coca-Cola Europacific Partners PLC (CCEP)vs › | $44.79B | 0.38% | N/A | N/A | N/A |
| Keurig Dr Pepper Inc. (KDP)vs › | $41.32B | 0.39% | N/A | N/A | N/A |
| Archer-Daniels-Midland Company (ADM)vs › | $38.77B | 0.17% | N/A | N/A | N/A |
| Sysco Corporation (SYY)vs › | $37.05B | 0.53% | N/A | N/A | N/A |
| The Kroger Co. (KR)vs › | $36.16B | 0.49% | N/A | N/A | N/A |
| The Estée Lauder Companies Inc. (EL)vs › | $33.27B | 0.47% | N/A | N/A | N/A |
| Kenvue Inc. (KVUE)vs › | $33.07B | 0.32% | N/A | N/A | N/A |
| The Hershey Company (HSY)vs › | $32.49B | 0.40% | N/A | N/A | N/A |
| Kimberly-Clark Corporation (KMB)vs › | $31.32B | 0.35% | N/A | N/A | N/A |
Debt/Assets
47.4%
Debt/Equity
2.04
Current Ratio
1.60
Interest Coverage
5.3x
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 | 47.38% |
| 2025-12-31 | 48.14% |
| 2025-06-30 | 49.47% |
| 2024-12-31 | 46.27% |
| 2024-06-30 | 47.28% |
| 2023-12-31 | 45.93% |
| 2023-06-30 | 46.32% |
| 2022-12-31 | 45.48% |
| 2022-06-30 | 45.95% |
| 2021-12-31 | 41.85% |
| 2021-06-30 | 47.52% |
| 2020-12-31 | 46.57% |
| 2020-06-30 | 51.85% |
| 2019-12-31 | 42.45% |
| 2019-06-30 | 40.53% |
| 2018-12-31 | 37.43% |
| 2018-06-30 | 34.08% |
| 2017-12-31 | 33.30% |
| 2017-06-30 | 31.98% |
| 2016-12-31 | 30.60% |
| 2016-06-30 | 36.40% |
| 2015-12-31 | 37.70% |
| 2015-06-30 | 39.14% |
| 2014-12-31 | 40.71% |
| 2014-06-30 | 41.39% |
| 2013-12-31 | 40.10% |
| 2013-06-30 | 41.39% |
| 2012-12-31 | 36.23% |
| 2012-06-30 | 39.64% |
| 2011-12-31 | 42.79% |
| 2011-06-30 | 67.24% |
| 2010-12-31 | 66.69% |
| 2010-06-30 | 69.60% |
| 2009-12-31 | 46.46% |
| 2009-06-30 | 47.39% |
| 2008-12-31 | 50.42% |
| 2008-06-30 | 89.36% |
| 2007-12-31 | 44.25% |
| 2007-06-30 | 40.61% |
| 2006-12-31 | 38.92% |
| 2006-06-30 | 34.18% |
| 2005-12-31 | 34.73% |
| 2005-06-30 | 34.21% |
| 2004-12-31 | 65.38% |
| 2004-06-30 | 37.73% |
| 2003-12-31 | 42.12% |
| 2003-06-30 | 38.68% |
| 2002-12-31 | 40.92% |
| 2002-06-30 | 61.82% |
| 2001-12-31 | 38.77% |
| 2001-06-30 | 43.28% |
| 2000-12-31 | 61.09% |
| 2000-06-30 | 42.27% |
| 1999-12-31 | 72.21% |
| 1999-06-30 | 45.08% |
| 1998-12-31 | 66.93% |
| 1998-06-30 | 44.39% |
| 1996-12-31 | 35.26% |
