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 17.34% is in line with its 5-year average of 18.84%, near the low end of its 5-year range (16.36%–22.13%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.93% below its 12-month average of 17.51%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
17.34%
DEBT TO ASSETS RATIO AVG TTM
17.51%
DEBT TO ASSETS RATIO AVG 3Y
17.50%
DEBT TO ASSETS RATIO AVG 5Y
18.84%
DEBT TO ASSETS RATIO AVG 10Y
21.87%
DEBT TO ASSETS RATIO AVG 15Y
25.77%
DEBT TO ASSETS RATIO AVG 20Y
24.96%
CURRENT VS TTM AVG
-0.93%
CURRENT VS 3Y AVG
-0.91%
CURRENT VS 5Y AVG
-7.96%
CURRENT VS 10Y AVG
-20.69%
CURRENT VS 15Y AVG
-32.70%
CURRENT VS 20Y AVG
-30.51%
SECTOR MEDIAN · BASIC MATERIALS
0.24%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+7126.63%
vs the sector median at left
Freeport-McMoRan Inc.
Market Cap
$110.23B
Debt to Assets Ratio
17.34%
TTM Avg
17.51%
3Y Avg
17.50%
5Y Avg
18.84%
Market Cap
$88.68B
Debt to Assets Ratio
0.24%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$79.26B
Debt to Assets Ratio
0.53%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$74.02B
Debt to Assets Ratio
0.09%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$70.38B
Debt to Assets Ratio
0.16%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$66.30B
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 |
|---|---|---|---|---|---|
| Freeport-McMoRan Inc. (FCX) | $110.23B | 17.34% | 17.51% | 17.50% | 18.84% |
| Johnson Controls International plc (JCI)vs › | $88.68B | 0.24% | N/A | N/A | N/A |
| Newmont Corporation (NEM)vs › | $134.80B | 0.09% | N/A | N/A | N/A |
| The Sherwin-Williams Company (SHW)vs › | $79.26B | 0.53% | N/A | N/A | N/A |
| Ecolab Inc. (ECL)vs › | $78.13B | 0.46% | N/A | N/A | N/A |
| Barrick Mining Corporation (B)vs › | $74.02B | 0.09% | N/A | N/A | N/A |
| Wheaton Precious Metals Corp. (WPM)vs › | $70.38B | 0.16% | N/A | N/A | N/A |
| Vale S.A. (VALE)vs › | $66.55B | 0.21% | N/A | N/A | N/A |
| Air Products and Chemicals, Inc. (APD)vs › | $66.30B | 0.45% | N/A | N/A | N/A |
| CRH plc (CRH)vs › | $61.05B | 0.34% | N/A | N/A | N/A |
Debt/Assets
17.3%
Debt/Equity
0.52
Current Ratio
2.07
Interest Coverage
17.1x
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 | 17.34% |
| 2026-03-31 | 17.68% |
| 2025-12-31 | 19.77% |
| 2025-09-30 | 16.36% |
| 2025-06-30 | 16.38% |
| 2025-03-31 | 16.79% |
| 2024-12-31 | 17.75% |
| 2024-09-30 | 17.47% |
| 2024-06-30 | 17.25% |
| 2024-03-31 | 17.39% |
| 2023-12-31 | 18.77% |
| 2023-09-30 | 18.21% |
| 2023-06-30 | 18.65% |
| 2023-03-31 | 18.93% |
| 2022-12-31 | 21.44% |
| 2022-09-30 | 21.41% |
| 2022-06-30 | 22.13% |
| 2022-03-31 | 19.70% |
| 2021-12-31 | 20.34% |
| 2021-09-30 | 20.60% |
| 2021-06-30 | 21.34% |
| 2021-03-31 | 22.48% |
| 2020-12-31 | 23.58% |
| 2020-09-30 | 24.40% |
| 2020-06-30 | 24.64% |
| 2020-03-31 | 25.05% |
| 2019-12-31 | 24.69% |
| 2019-09-30 | 24.15% |
| 2019-06-30 | 24.13% |
| 2019-03-31 | 24.12% |
| 2018-12-31 | 26.10% |
| 2018-09-30 | 29.48% |
| 2018-06-30 | 30.05% |
| 2018-03-31 | 31.68% |
| 2017-12-31 | 35.16% |
| 2017-09-30 | 39.60% |
| 2017-06-30 | 41.45% |
| 2017-03-31 | 42.00% |
| 2016-12-31 | 42.95% |
| 2016-09-30 | 45.85% |
| 2016-06-30 | 46.78% |
| 2016-03-31 | 48.70% |
| 2015-12-31 | 43.86% |
| 2015-09-30 | 41.08% |
| 2015-06-30 | 38.70% |
| 2015-03-31 | 36.23% |
| 2014-12-31 | 32.26% |
| 2014-09-30 | 30.85% |
| 2014-06-30 | 31.71% |
| 2014-03-31 | 32.64% |
| 2013-12-31 | 32.60% |
| 2013-09-30 | 33.74% |
| 2013-06-30 | 33.62% |
| 2013-03-31 | 23.70% |
| 2012-12-31 | 9.95% |
| 2012-09-30 | 10.21% |
| 2012-06-30 | 17.09% |
| 2012-03-31 | 17.30% |
| 2011-12-31 | 11.03% |
| 2011-09-30 | 11.15% |
| 2011-06-30 | 11.58% |
| 2011-03-31 | 22.63% |
| 2010-12-31 | 16.18% |
| 2010-09-30 | 17.10% |
| 2010-06-30 | 18.42% |
| 2010-03-31 | 30.42% |
| 2009-12-31 | 24.41% |
| 2009-09-30 | 26.49% |
| 2009-06-30 | 30.11% |
| 2009-03-31 | 39.53% |
| 2008-12-31 | 31.48% |
| 2008-09-30 | 17.16% |
| 2008-06-30 | 17.39% |
| 2008-03-31 | 18.10% |
| 2007-12-31 | 17.73% |
| 2007-09-30 | 21.10% |
| 2007-06-30 | 24.09% |
| 2007-03-31 | 29.05% |
| 2006-12-31 | 12.62% |
| 2006-09-30 | 14.67% |
| 2006-06-30 | 20.98% |
| 2006-03-31 | 22.96% |
| 2005-12-31 | 22.63% |
| 2005-09-30 | 28.42% |
| 2005-06-30 | 35.94% |
| 2005-03-31 | 36.93% |
| 2004-12-31 | 38.37% |
| 2004-09-30 | 42.11% |
| 2004-06-30 | 44.67% |
| 2004-03-31 | 44.36% |
| 2003-12-31 | 47.23% |
| 2003-09-30 | 48.56% |
| 2003-06-30 | 51.97% |
| 2003-03-31 | 56.11% |
| 2002-12-31 | 48.62% |
| 2002-09-30 | 52.43% |
