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 45.95% is 15% above its 5-year average of 40.06%, near the high end of its 5-year range (35.31%–45.95%).
As of the fiscal period ended Tuesday, June 30, 2026. 15.82% above its 12-month average of 39.68%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
45.95%
DEBT TO ASSETS RATIO AVG TTM
39.68%
DEBT TO ASSETS RATIO AVG 3Y
38.69%
DEBT TO ASSETS RATIO AVG 5Y
40.06%
DEBT TO ASSETS RATIO AVG 10Y
38.75%
DEBT TO ASSETS RATIO AVG 15Y
38.01%
DEBT TO ASSETS RATIO AVG 20Y
33.53%
CURRENT VS TTM AVG
+15.82%
CURRENT VS 3Y AVG
+18.76%
CURRENT VS 5Y AVG
+14.71%
CURRENT VS 10Y AVG
+18.60%
CURRENT VS 15Y AVG
+20.92%
CURRENT VS 20Y AVG
+37.05%
SECTOR MEDIAN · BASIC MATERIALS
0.24%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+19047.84%
vs the sector median at left
Ecolab Inc.
Market Cap
$78.18B
Debt to Assets Ratio
45.95%
TTM Avg
39.68%
3Y Avg
38.69%
5Y Avg
40.06%
Market Cap
$79.28B
Debt to Assets Ratio
0.53%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$74.24B
Debt to Assets Ratio
0.09%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$70.58B
Debt to Assets Ratio
0.16%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$88.66B
Debt to Assets Ratio
0.24%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$66.34B
Debt to Assets Ratio
0.45%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ecolab Inc. (ECL) | $78.18B | 45.95% | 39.68% | 38.69% | 40.06% |
| The Sherwin-Williams Company (SHW)vs › | $79.28B | 0.53% | N/A | N/A | N/A |
| Barrick Mining Corporation (B)vs › | $74.24B | 0.09% | N/A | N/A | N/A |
| Wheaton Precious Metals Corp. (WPM)vs › | $70.58B | 0.16% | N/A | N/A | N/A |
| Johnson Controls International plc (JCI)vs › | $88.66B | 0.24% | N/A | N/A | N/A |
| Vale S.A. (VALE)vs › | $66.63B | 0.21% | N/A | N/A | N/A |
| Air Products and Chemicals, Inc. (APD)vs › | $66.34B | 0.45% | N/A | N/A | N/A |
| CRH plc (CRH)vs › | $61.01B | 0.34% | N/A | N/A | N/A |
| Nucor Corporation (NUE)vs › | $58.56B | 0.19% | N/A | N/A | N/A |
| Corteva, Inc. (CTVA)vs › | $57.52B | 0.12% | N/A | N/A | N/A |
Debt/Assets
46.0%
Debt/Equity
1.37
Current Ratio
1.84
Interest Coverage
12.1x
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 | 45.95% |
| 2026-03-31 | 37.01% |
| 2025-12-31 | 38.18% |
| 2025-09-30 | 39.46% |
| 2025-06-30 | 37.78% |
| 2025-03-31 | 37.37% |
| 2024-12-31 | 37.00% |
| 2024-09-30 | 37.58% |
| 2024-06-30 | 37.81% |
| 2024-03-31 | 38.05% |
| 2023-12-31 | 39.98% |
| 2023-09-30 | 41.86% |
| 2023-06-30 | 42.26% |
| 2023-03-31 | 42.66% |
| 2022-12-31 | 42.05% |
| 2022-09-30 | 42.55% |
| 2022-06-30 | 43.41% |
| 2022-03-31 | 43.42% |
| 2021-12-31 | 43.18% |
| 2021-09-30 | 35.31% |
| 2021-06-30 | 38.41% |
| 2021-03-31 | 39.13% |
| 2020-12-31 | 39.24% |
| 2020-09-30 | 40.61% |
| 2020-06-30 | 42.74% |
| 2020-03-31 | 37.34% |
| 2019-12-31 | 32.69% |
| 2019-09-30 | 35.12% |
| 2019-06-30 | 36.52% |
| 2019-03-31 | 36.85% |
| 2018-12-31 | 35.10% |
| 2018-09-30 | 35.59% |
| 2018-06-30 | 36.18% |
| 2018-03-31 | 36.74% |
| 2017-12-31 | 36.68% |
| 2017-09-30 | 38.06% |
| 2017-06-30 | 39.34% |
| 2017-03-31 | 39.23% |
| 2016-12-31 | 36.48% |
| 2016-09-30 | 36.25% |
| 2016-06-30 | 37.57% |
| 2016-03-31 | 37.29% |
| 2015-12-31 | 34.68% |
| 2015-09-30 | 35.81% |
| 2015-06-30 | 38.04% |
| 2015-03-31 | 37.43% |
| 2014-12-31 | 33.64% |
| 2014-09-30 | 34.53% |
| 2014-06-30 | 36.35% |
| 2014-03-31 | 36.82% |
| 2013-12-31 | 35.16% |
| 2013-09-30 | 36.97% |
| 2013-06-30 | 38.20% |
| 2013-03-31 | 36.04% |
| 2012-12-31 | 37.23% |
| 2012-09-30 | 35.99% |
| 2012-06-30 | 38.41% |
| 2012-03-31 | 37.11% |
| 2011-12-31 | 41.86% |
| 2011-09-30 | 18.84% |
| 2011-06-30 | 20.47% |
| 2011-03-31 | 22.62% |
| 2010-12-31 | 17.36% |
| 2010-09-30 | 20.38% |
| 2010-06-30 | 20.66% |
| 2010-03-31 | 21.79% |
| 2009-12-31 | 19.27% |
| 2009-09-30 | 19.46% |
| 2009-06-30 | 22.01% |
| 2009-03-31 | 25.90% |
| 2008-12-31 | 23.93% |
| 2008-09-30 | 20.31% |
| 2008-06-30 | 23.38% |
| 2008-03-31 | 25.01% |
| 2007-12-31 | 21.25% |
| 2007-09-30 | 19.59% |
| 2007-06-30 | 20.75% |
| 2007-03-31 | 19.83% |
| 2006-12-31 | 24.12% |
| 2006-09-30 | 18.29% |
| 2006-06-30 | 20.64% |
| 2006-03-31 | 19.05% |
| 2005-12-31 | 19.66% |
| 2005-09-30 | 18.51% |
| 2005-06-30 | 20.60% |
| 2005-03-31 | 22.19% |
| 2004-12-31 | 18.88% |
| 2004-09-30 | 19.57% |
| 2004-06-30 | 20.87% |
| 2004-03-31 | 22.92% |
| 2003-12-31 | 20.89% |
| 2003-09-30 | 21.19% |
| 2003-06-30 | 22.41% |
| 2003-03-31 | 24.25% |
| 2002-12-31 | 24.31% |
| 2002-09-30 | 24.30% |
