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 8.34% is 33% below its 5-year average of 12.50%, near the low end of its 5-year range (8.34%–17.63%).
As of the fiscal period ended Tuesday, June 30, 2026. 10.54% below its 12-month average of 9.32%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 8.34%.
DEBT TO ASSETS RATIO
8.34%
DEBT TO ASSETS RATIO AVG TTM
9.32%
DEBT TO ASSETS RATIO AVG 3Y
10.50%
DEBT TO ASSETS RATIO AVG 5Y
12.50%
DEBT TO ASSETS RATIO AVG 10Y
14.07%
DEBT TO ASSETS RATIO AVG 15Y
10.61%
DEBT TO ASSETS RATIO AVG 20Y
7.99%
CURRENT VS TTM AVG
-10.54%
CURRENT VS 3Y AVG
-20.56%
CURRENT VS 5Y AVG
-33.28%
CURRENT VS 10Y AVG
-40.71%
CURRENT VS 15Y AVG
-21.43%
CURRENT VS 20Y AVG
+4.33%
SECTOR MEDIAN · INDUSTRIALS
0.27%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+3047.33%
vs the sector median at left
Fastenal Company
Market Cap
$55.75B
Debt to Assets Ratio
8.34%
TTM Avg
9.32%
3Y Avg
10.50%
5Y Avg
12.50%
Market Cap
$56.67B
Debt to Assets Ratio
0.04%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$51.65B
Debt to Assets Ratio
0.23%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$61.95B
Debt to Assets Ratio
0.49%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$49.17B
Debt to Assets Ratio
0.82%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$63.43B
Debt to Assets Ratio
1.39%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$47.35B
Debt to Assets Ratio
0.30%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fastenal Company (FAST) | $55.75B | 8.34% | 9.32% | 10.50% | 12.50% |
| Comfort Systems USA, Inc. (FIX)vs › | $56.67B | 0.04% | N/A | N/A | N/A |
| AMETEK, Inc. (AME)vs › | $53.65B | 0.14% | N/A | N/A | N/A |
| Delta Air Lines, Inc. (DAL)vs › | $51.65B | 0.23% | N/A | N/A | N/A |
| W.W. Grainger, Inc. (GWW)vs › | $60.35B | 0.29% | N/A | N/A | N/A |
| United Rentals, Inc. (URI)vs › | $61.95B | 0.49% | N/A | N/A | N/A |
| Honeywell Aerospace Inc (HONA)vs › | $49.17B | 0.82% | N/A | N/A | N/A |
| TransDigm Group Incorporated (TDG)vs › | $63.43B | 1.39% | N/A | N/A | N/A |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $47.35B | 0.30% | N/A | N/A | N/A |
| PACCAR Inc (PCAR)vs › | $64.61B | 0.33% | N/A | N/A | N/A |
Debt/Assets
8.3%
Debt/Equity
0.11
Current Ratio
4.18
Interest Coverage
267.1x
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 | 8.34% |
| 2026-03-31 | 8.55% |
| 2025-12-31 | 8.75% |
| 2025-09-30 | 10.11% |
| 2025-06-30 | 10.87% |
| 2025-03-31 | 10.18% |
| 2024-12-31 | 10.33% |
| 2024-09-30 | 11.12% |
| 2024-06-30 | 11.21% |
| 2024-03-31 | 10.66% |
| 2023-12-31 | 11.99% |
| 2023-09-30 | 11.72% |
| 2023-06-30 | 13.51% |
| 2023-03-31 | 14.16% |
| 2022-12-31 | 17.63% |
| 2022-09-30 | 17.48% |
| 2022-06-30 | 16.64% |
| 2022-03-31 | 13.79% |
| 2021-12-31 | 14.81% |
| 2021-09-30 | 14.64% |
| 2021-06-30 | 16.02% |
| 2021-03-31 | 16.13% |
| 2020-12-31 | 16.40% |
| 2020-09-30 | 15.86% |
| 2020-06-30 | 16.15% |
| 2020-03-31 | 17.77% |
| 2019-12-31 | 15.54% |
| 2019-09-30 | 17.97% |
| 2019-06-30 | 19.60% |
| 2019-03-31 | 19.48% |
| 2018-12-31 | 15.05% |
| 2018-09-30 | 12.21% |
| 2018-06-30 | 13.71% |
| 2018-03-31 | 13.37% |
| 2017-12-31 | 14.26% |
| 2017-09-30 | 15.16% |
| 2017-06-30 | 15.61% |
| 2017-03-31 | 13.10% |
| 2016-12-31 | 14.61% |
| 2016-09-30 | 16.30% |
| 2016-06-30 | 15.93% |
| 2016-03-31 | 14.00% |
| 2015-12-31 | 14.41% |
| 2015-09-30 | 12.62% |
| 2015-06-30 | 13.30% |
| 2015-03-31 | 5.16% |
| 2014-12-31 | 3.82% |
| 2014-09-30 | 4.42% |
| 2014-06-30 | 3.07% |
| 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% |
| 2008-03-21 | 0.00% |
| 2007-12-31 | 0.00% |
| 2007-09-30 | 0.00% |
| 2007-06-30 | 0.00% |
| 2007-03-31 | 0.00% |
| 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 | 0.00% |
| 2004-09-30 | 0.00% |
| 2004-06-30 | 0.00% |
| 2004-03-31 | 3.55% |
| 2003-12-31 | 0.00% |
| 2003-09-30 | 0.00% |
| 2003-06-30 | 0.00% |
| 2003-03-31 | 0.00% |
| 2002-12-31 | 0.00% |
| 2002-09-30 | 0.00% |
