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 11.82% is 19% above its 5-year average of 9.93%, near the high end of its 5-year range (5.90%–12.59%).
As of the fiscal period ended Tuesday, March 31, 2026. 1.25% below its 12-month average of 11.96%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
11.82%
DEBT TO ASSETS RATIO AVG TTM
11.96%
DEBT TO ASSETS RATIO AVG 3Y
11.86%
DEBT TO ASSETS RATIO AVG 5Y
9.93%
DEBT TO ASSETS RATIO AVG 10Y
7.07%
DEBT TO ASSETS RATIO AVG 15Y
4.75%
DEBT TO ASSETS RATIO AVG 20Y
3.58%
CURRENT VS TTM AVG
-1.25%
CURRENT VS 3Y AVG
-0.39%
CURRENT VS 5Y AVG
+18.94%
CURRENT VS 10Y AVG
+67.04%
CURRENT VS 15Y AVG
+148.52%
CURRENT VS 20Y AVG
+229.94%
SECTOR MEDIAN · INDUSTRIALS
0.28%
median of 130 covered companies
CURRENT VS SECTOR MEDIAN
+4196.56%
vs the sector median at left
Expeditors International of Washington, Inc.
Market Cap
$22.00B
Debt to Assets Ratio
11.82%
TTM Avg
11.96%
3Y Avg
11.86%
5Y Avg
9.93%
Market Cap
$22.09B
Debt to Assets Ratio
0.21%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$21.30B
Debt to Assets Ratio
0.16%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$23.02B
Debt to Assets Ratio
0.35%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$25.13B
Debt to Assets Ratio
0.32%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$18.77B
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 |
|---|---|---|---|---|---|
| Expeditors International of Washington, Inc. (EXPD) | $22.00B | 11.82% | 11.96% | 11.86% | 9.93% |
| Southwest Airlines Co. (LUV)vs › | $22.09B | 0.21% | N/A | N/A | N/A |
| Snap-on Incorporated (SNA)vs › | $21.30B | 0.16% | N/A | N/A | N/A |
| MasTec, Inc. (MTZ)vs › | $21.15B | 0.28% | N/A | N/A | N/A |
| Veralto Corporation (VLTO)vs › | $23.02B | 0.35% | N/A | N/A | N/A |
| Equifax Inc. (EFX)vs › | $20.47B | 0.43% | N/A | N/A | N/A |
| XPO Logistics, Inc. (XPO)vs › | $23.70B | 0.57% | N/A | N/A | N/A |
| Hubbell Incorporated (HUBB)vs › | $25.13B | 0.32% | N/A | N/A | N/A |
| Sterling Infrastructure, Inc. (STRL)vs › | $18.77B | 0.13% | N/A | N/A | N/A |
| nVent Electric plc (NVT)vs › | $25.40B | 0.25% | N/A | N/A | N/A |
Debt/Assets
11.8%
Debt/Equity
0.24
Current Ratio
1.81
Interest Coverage
N/A
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 |
|---|---|
| 2026-03-31 | 11.82% |
| 2025-12-31 | 11.66% |
| 2025-09-30 | 11.72% |
| 2025-06-30 | 12.25% |
| 2025-03-31 | 12.37% |
| 2024-12-31 | 11.97% |
| 2024-09-30 | 10.50% |
| 2024-06-30 | 11.55% |
| 2024-03-31 | 12.59% |
| 2023-12-31 | 11.67% |
| 2023-09-30 | 11.35% |
| 2023-06-30 | 11.54% |
| 2023-03-31 | 9.76% |
| 2022-12-31 | 9.27% |
| 2022-09-30 | 7.54% |
| 2022-06-30 | 6.83% |
| 2022-03-31 | 5.90% |
| 2021-12-31 | 6.15% |
| 2021-09-30 | 6.44% |
| 2021-06-30 | 7.57% |
| 2021-03-31 | 8.17% |
| 2020-12-31 | 8.89% |
| 2020-09-30 | 9.82% |
| 2020-06-30 | 11.29% |
| 2020-03-31 | 10.75% |
| 2019-12-31 | 10.61% |
| 2019-09-30 | 10.13% |
| 2019-06-30 | 10.34% |
| 2019-03-31 | 9.56% |
| 2018-12-31 | 0.00% |
| 2018-09-30 | 0.00% |
| 2018-06-30 | 0.00% |
| 2018-03-31 | 0.00% |
| 2017-12-31 | 0.00% |
| 2017-09-30 | 0.00% |
| 2017-06-30 | 0.00% |
| 2017-03-31 | 0.00% |
| 2016-12-31 | 0.00% |
| 2016-09-30 | 0.00% |
| 2016-06-30 | 0.00% |
| 2016-03-31 | 0.00% |
| 2015-12-31 | 0.00% |
| 2015-09-30 | 0.00% |
| 2015-06-30 | 0.00% |
| 2015-03-31 | 0.00% |
| 2014-12-31 | 0.00% |
| 2014-09-30 | 0.00% |
| 2014-06-30 | 0.00% |
| 2014-03-31 | 0.00% |
| 2013-12-31 | 0.00% |
| 2013-09-30 | 0.00% |
| 2013-06-30 | 0.00% |
| 2013-03-31 | 0.00% |
| 2012-12-31 | 0.00% |
| 2012-09-30 | 0.00% |
| 2012-06-30 | 0.00% |
| 2012-03-31 | 0.00% |
| 2011-12-31 | 0.00% |
| 2011-09-30 | 0.00% |
| 2011-06-30 | 0.00% |
| 2011-03-31 | 0.00% |
| 2010-12-31 | 0.00% |
| 2010-09-30 | 0.00% |
| 2010-06-30 | 0.00% |
| 2010-03-31 | 0.00% |
| 2009-12-31 | 0.00% |
| 2009-09-30 | 0.00% |
| 2009-06-30 | 0.00% |
| 2009-03-31 | 0.00% |
| 2008-12-31 | 0.00% |
| 2008-09-30 | 0.00% |
| 2008-06-30 | 0.00% |
| 2008-03-31 | 0.03% |
| 2007-12-31 | 0.00% |
| 2007-09-30 | 0.00% |
| 2007-06-30 | 0.01% |
| 2007-03-31 | 0.01% |
| 2006-12-31 | 0.00% |
| 2006-09-30 | 0.00% |
| 2006-06-30 | 0.00% |
| 2006-03-31 | 0.00% |
| 2005-12-31 | 0.00% |
| 2005-09-30 | 0.00% |
| 2005-06-30 | 0.00% |
| 2005-03-31 | 0.00% |
| 2004-12-31 | 0.16% |
| 2004-09-30 | 0.00% |
| 2004-06-30 | 0.00% |
| 2004-03-31 | 0.00% |
| 2003-12-31 | 0.02% |
| 2003-09-30 | 0.00% |
| 2003-06-30 | 0.05% |
| 2003-03-31 | 0.06% |
| 2002-12-31 | 0.15% |
| 2002-09-30 | 0.22% |
| 2002-06-30 | 0.04% |
