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 37.96% is 42% above its 5-year average of 26.79%, near the high end of its 5-year range (25.40%–39.64%).
As of the fiscal period ended Tuesday, June 30, 2026. 17.98% above its 12-month average of 32.17%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 37.96%.
DEBT TO ASSETS RATIO
37.96%
DEBT TO ASSETS RATIO AVG TTM
32.17%
DEBT TO ASSETS RATIO AVG 3Y
26.54%
DEBT TO ASSETS RATIO AVG 5Y
26.79%
DEBT TO ASSETS RATIO AVG 10Y
26.52%
DEBT TO ASSETS RATIO AVG 15Y
26.62%
DEBT TO ASSETS RATIO AVG 20Y
25.59%
CURRENT VS TTM AVG
+17.98%
CURRENT VS 3Y AVG
+43.02%
CURRENT VS 5Y AVG
+41.68%
CURRENT VS 10Y AVG
+43.12%
CURRENT VS 15Y AVG
+42.59%
CURRENT VS 20Y AVG
+48.32%
SECTOR MEDIAN · INDUSTRIALS
0.27%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+14224.32%
vs the sector median at left
Eaton Corporation plc
Market Cap
$161.23B
Debt to Assets Ratio
37.96%
TTM Avg
32.17%
3Y Avg
26.54%
5Y Avg
26.79%
Market Cap
$163.00B
Debt to Assets Ratio
0.11%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$169.16B
Debt to Assets Ratio
0.44%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$190.06B
Debt to Assets Ratio
0.29%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Eaton Corporation plc (ETN) | $161.23B | 37.96% | 32.17% | 26.54% | 26.79% |
| Rolls-Royce Holdings plc (RYCEY)vs › | $163.00B | 0.11% | N/A | N/A | N/A |
| The Boeing Company (BA)vs › | $163.15B | 0.28% | N/A | N/A | N/A |
| Safran S.A. (SAFRY)vs › | $154.92B | 0.08% | N/A | N/A | N/A |
| Union Pacific Corporation (UNP)vs › | $169.16B | 0.44% | N/A | N/A | N/A |
| ABB Ltd (ABBNY)vs › | $175.91B | 0.20% | N/A | N/A | N/A |
| Siemens Energy AG (SMEGF)vs › | $145.33B | 0.05% | N/A | N/A | N/A |
| Deere & Company (DE)vs › | $182.80B | 0.60% | N/A | N/A | N/A |
| Schneider Electric S.E. (SBGSY)vs › | $190.06B | 0.29% | N/A | N/A | N/A |
| Lockheed Martin Corporation (LMT)vs › | $121.04B | 0.33% | N/A | N/A | N/A |
Debt/Assets
38.0%
Debt/Equity
1.05
Current Ratio
1.24
Interest Coverage
19.8x
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 | 37.96% |
| 2026-03-31 | 39.64% |
| 2025-12-31 | 27.08% |
| 2025-09-30 | 27.60% |
| 2025-06-30 | 28.60% |
| 2025-03-31 | 27.42% |
| 2024-12-31 | 25.59% |
| 2024-09-30 | 25.68% |
| 2024-06-30 | 26.64% |
| 2024-03-31 | 25.40% |
| 2023-12-31 | 25.50% |
| 2023-09-30 | 25.84% |
| 2023-06-30 | 26.60% |
| 2023-03-31 | 26.08% |
| 2022-12-31 | 26.02% |
| 2022-09-30 | 27.51% |
| 2022-06-30 | 28.69% |
| 2022-03-31 | 28.26% |
| 2021-12-31 | 26.20% |
| 2021-09-30 | 27.56% |
| 2021-06-30 | 33.88% |
| 2021-03-31 | 30.77% |
| 2020-12-31 | 26.34% |
| 2020-09-30 | 27.51% |
| 2020-06-30 | 28.30% |
| 2020-03-31 | 28.41% |
| 2019-12-31 | 26.38% |
| 2019-09-30 | 26.19% |
| 2019-06-30 | 26.04% |
| 2019-03-31 | 24.88% |
| 2018-12-31 | 24.19% |
| 2018-09-30 | 22.91% |
| 2018-06-30 | 24.12% |
| 2018-03-31 | 24.11% |
| 2017-12-31 | 23.78% |
| 2017-09-30 | 26.81% |
| 2017-06-30 | 27.44% |
| 2017-03-31 | 26.83% |
| 2016-12-31 | 27.21% |
| 2016-09-30 | 26.99% |
| 2016-06-30 | 27.01% |
| 2016-03-31 | 27.37% |
| 2015-12-31 | 27.23% |
| 2015-09-30 | 26.93% |
| 2015-06-30 | 26.86% |
| 2015-03-31 | 28.57% |
| 2014-12-31 | 26.94% |
| 2014-09-30 | 26.29% |
| 2014-06-30 | 25.62% |
| 2014-03-31 | 26.42% |
| 2013-12-31 | 26.91% |
| 2013-09-30 | 27.45% |
| 2013-06-30 | 27.68% |
| 2013-03-31 | 28.95% |
| 2012-12-31 | 29.86% |
| 2012-09-30 | 21.84% |
| 2012-06-30 | 23.57% |
| 2012-03-31 | 20.84% |
| 2011-12-31 | 21.11% |
| 2011-09-30 | 21.42% |
| 2011-06-30 | 20.79% |
| 2011-03-31 | 19.91% |
| 2010-12-31 | 20.04% |
| 2010-09-30 | 20.59% |
| 2010-06-30 | 21.82% |
| 2010-03-31 | 21.72% |
| 2009-12-31 | 21.29% |
| 2009-09-30 | 22.93% |
| 2009-06-30 | 24.96% |
| 2009-03-31 | 26.17% |
| 2008-12-31 | 25.64% |
| 2008-09-30 | 25.71% |
| 2008-06-30 | 25.91% |
| 2008-03-31 | 28.44% |
| 2007-12-31 | 25.44% |
| 2007-09-30 | 24.33% |
| 2007-06-30 | 26.39% |
| 2007-03-31 | 26.88% |
| 2006-12-31 | 22.65% |
| 2006-09-30 | 21.98% |
| 2006-06-30 | 22.25% |
| 2006-03-31 | 24.65% |
| 2005-12-31 | 24.11% |
| 2005-09-30 | 21.97% |
| 2005-06-30 | 23.28% |
| 2005-03-31 | 22.64% |
| 2004-12-31 | 19.54% |
| 2004-09-30 | 21.85% |
| 2004-06-30 | 22.29% |
| 2004-03-31 | 23.95% |
| 2003-12-31 | 23.75% |
| 2003-09-30 | 24.57% |
| 2003-06-30 | 25.68% |
| 2003-03-31 | 28.63% |
| 2002-12-31 | 29.25% |
| 2002-09-30 | 27.20% |
