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 28.75% is 18% above its 5-year average of 24.34%, near the high end of its 5-year range (21.10%–28.75%).
As of the fiscal period ended Friday, June 26, 2026. 23.11% above its 12-month average of 23.36%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
28.75%
DEBT TO ASSETS RATIO AVG TTM
23.36%
DEBT TO ASSETS RATIO AVG 3Y
22.71%
DEBT TO ASSETS RATIO AVG 5Y
24.34%
DEBT TO ASSETS RATIO AVG 10Y
24.68%
DEBT TO ASSETS RATIO AVG 15Y
21.71%
DEBT TO ASSETS RATIO AVG 20Y
20.57%
CURRENT VS TTM AVG
+23.11%
CURRENT VS 3Y AVG
+26.61%
CURRENT VS 5Y AVG
+18.12%
CURRENT VS 10Y AVG
+16.52%
CURRENT VS 15Y AVG
+32.43%
CURRENT VS 20Y AVG
+39.76%
SECTOR MEDIAN · HEALTHCARE
0.28%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
+10168.82%
vs the sector median at left
Danaher Corporation
Market Cap
$145.98B
Debt to Assets Ratio
28.75%
TTM Avg
23.36%
3Y Avg
22.71%
5Y Avg
24.34%
Market Cap
$138.61B
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$136.49B
Debt to Assets Ratio
0.49%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$129.55B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$106.31B
Debt to Assets Ratio
0.13%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Danaher Corporation (DHR) | $145.98B | 28.75% | 23.36% | 22.71% | 24.34% |
| Vertex Pharmaceuticals Incorporated (VRTX)vs › | $138.61B | 0.07% | N/A | N/A | N/A |
| Bristol-Myers Squibb Company (BMY)vs › | $136.49B | 0.49% | N/A | N/A | N/A |
| Pfizer Inc. (PFE)vs › | $162.15B | 0.31% | N/A | N/A | N/A |
| Intuitive Surgical, Inc. (ISRG)vs › | $129.55B | 0.00% | N/A | N/A | N/A |
| CVS Health Corp. (CVS)vs › | $123.43B | 0.30% | N/A | N/A | N/A |
| Medtronic plc (MDT)vs › | $120.54B | 0.00% | N/A | N/A | N/A |
| Stryker Corporation (SYK)vs › | $116.21B | 0.31% | N/A | N/A | N/A |
| McKesson Corporation (MCK)vs › | $106.31B | 0.13% | N/A | N/A | N/A |
| Sanofi (SNY)vs › | $106.23B | 0.18% | N/A | N/A | N/A |
Debt/Assets
28.8%
Debt/Equity
0.51
Current Ratio
1.65
Interest Coverage
19.4x
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 |
|---|---|
| 2026-06-26 | 28.75% |
| 2026-03-27 | 22.12% |
| 2025-12-31 | 22.07% |
| 2025-09-26 | 21.10% |
| 2025-06-27 | 22.73% |
| 2025-03-28 | 22.22% |
| 2024-12-31 | 22.11% |
| 2024-09-27 | 23.35% |
| 2024-06-28 | 23.18% |
| 2024-03-29 | 23.10% |
| 2023-12-31 | 23.12% |
| 2023-09-29 | 26.40% |
| 2023-06-30 | 24.70% |
| 2023-03-31 | 24.61% |
| 2022-12-31 | 24.44% |
| 2022-09-30 | 23.75% |
| 2022-07-01 | 24.52% |
| 2022-04-01 | 26.12% |
| 2021-12-31 | 27.98% |
| 2021-10-01 | 28.60% |
| 2021-07-02 | 26.17% |
| 2021-04-02 | 26.88% |
| 2020-12-31 | 29.12% |
| 2020-10-02 | 29.94% |
| 2020-07-03 | 31.41% |
| 2020-04-03 | 37.68% |
| 2019-12-31 | 36.28% |
| 2019-09-27 | 30.23% |
| 2019-06-28 | 21.12% |
| 2019-03-29 | 20.24% |
| 2018-12-31 | 20.36% |
| 2018-09-28 | 22.25% |
| 2018-06-29 | 23.56% |
| 2018-03-30 | 22.29% |
| 2017-12-31 | 22.56% |
| 2017-09-29 | 23.79% |
| 2017-06-30 | 25.39% |
| 2017-03-31 | 26.41% |
| 2016-12-31 | 27.09% |
| 2016-09-30 | 20.13% |
| 2016-07-01 | 28.45% |
| 2016-04-01 | 25.61% |
| 2015-12-31 | 26.69% |
| 2015-10-02 | 30.20% |
| 2015-07-03 | 8.55% |
| 2015-04-03 | 8.81% |
| 2014-12-31 | 9.39% |
| 2014-09-26 | 8.54% |
| 2014-06-27 | 8.61% |
| 2014-03-28 | 9.95% |
| 2013-12-31 | 10.09% |
| 2013-09-27 | 10.39% |
| 2013-06-28 | 12.55% |
| 2013-03-29 | 13.77% |
| 2012-12-31 | 16.22% |
| 2012-09-28 | 14.93% |
| 2012-06-29 | 15.73% |
| 2012-03-30 | 16.19% |
| 2011-12-31 | 17.71% |
| 2011-09-30 | 19.26% |
| 2011-07-01 | 20.86% |
| 2011-04-01 | 11.84% |
| 2010-12-31 | 12.71% |
| 2010-10-01 | 13.31% |
| 2010-07-02 | 14.07% |
| 2010-04-02 | 14.52% |
| 2009-12-31 | 14.97% |
| 2009-10-02 | 15.40% |
| 2009-07-03 | 15.85% |
| 2009-04-03 | 16.51% |
| 2008-12-31 | 14.98% |
| 2008-09-26 | 15.37% |
| 2008-06-27 | 16.96% |
| 2008-03-28 | 19.63% |
| 2007-12-31 | 21.33% |
| 2007-09-28 | 14.14% |
| 2007-06-29 | 16.42% |
| 2007-03-30 | 17.77% |
| 2006-12-31 | 18.92% |
| 2006-09-29 | 18.93% |
| 2006-06-30 | 22.36% |
| 2006-03-31 | 9.31% |
| 2005-12-31 | 11.37% |
| 2005-09-30 | 11.69% |
| 2005-07-01 | 15.04% |
| 2005-04-01 | 15.35% |
| 2004-12-31 | 15.90% |
| 2004-10-01 | 16.51% |
| 2004-07-02 | 16.93% |
| 2004-04-02 | 18.42% |
| 2003-12-31 | 18.85% |
| 2003-09-26 | 19.06% |
| 2003-06-27 | 20.51% |
| 2003-03-28 | 21.77% |
| 2002-12-31 | 21.73% |
| 2002-09-27 | 21.26% |
