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 14.34% is in line with its 5-year average of 14.14%, around the middle of its 5-year range (8.27%–20.58%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.05% above its 12-month average of 14.33%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 14.34%.
DEBT TO ASSETS RATIO
14.34%
DEBT TO ASSETS RATIO AVG TTM
14.33%
DEBT TO ASSETS RATIO AVG 3Y
12.12%
DEBT TO ASSETS RATIO AVG 5Y
14.14%
DEBT TO ASSETS RATIO AVG 10Y
15.50%
DEBT TO ASSETS RATIO AVG 15Y
16.86%
DEBT TO ASSETS RATIO AVG 20Y
18.15%
CURRENT VS TTM AVG
+0.05%
CURRENT VS 3Y AVG
+18.30%
CURRENT VS 5Y AVG
+1.40%
CURRENT VS 10Y AVG
-7.54%
CURRENT VS 15Y AVG
-14.97%
CURRENT VS 20Y AVG
-21.02%
SECTOR MEDIAN · INDUSTRIALS
0.23%
median of 411 covered companies
CURRENT VS SECTOR MEDIAN
+6132.82%
vs the sector median at left
Franklin Electric Co., Inc.
Market Cap
$4.41B
Debt to Assets Ratio
14.34%
TTM Avg
14.33%
3Y Avg
12.12%
5Y Avg
14.14%
Market Cap
$4.38B
Debt to Assets Ratio
0.20%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.46B
Debt to Assets Ratio
0.61%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.58B
Debt to Assets Ratio
0.34%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.64B
Debt to Assets Ratio
0.24%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.82B
Debt to Assets Ratio
0.37%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.98B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Franklin Electric Co., Inc. (FELE) | $4.41B | 14.34% | 14.33% | 12.12% | 14.14% |
| CECO Environmental Corp. (CECO)vs › | $4.38B | 0.20% | N/A | N/A | N/A |
| KBR, Inc. (KBR)vs › | $4.46B | 0.42% | N/A | N/A | N/A |
| Karman Holdings Inc. (KRMN)vs › | $4.46B | 0.61% | N/A | N/A | N/A |
| Amentum Holdings, Inc. (AMTM)vs › | $4.58B | 0.34% | N/A | N/A | N/A |
| UniFirst Corporation (UNF)vs › | $4.61B | 0.03% | N/A | N/A | N/A |
| Primoris Services Corporation (PRIM)vs › | $4.64B | 0.24% | N/A | N/A | N/A |
| The Middleby Corporation (MIDD)vs › | $4.82B | 0.37% | N/A | N/A | N/A |
| SiteOne Landscape Supply, Inc. (SITE)vs › | $3.98B | 0.03% | N/A | N/A | N/A |
| EquipmentShare.com Inc. (EQPT)vs › | $4.86B | 0.68% | N/A | N/A | N/A |
Debt/Assets
14.3%
Debt/Equity
0.22
Current Ratio
2.41
Interest Coverage
25.6x
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 | 14.34% |
| 2026-03-31 | 14.55% |
| 2025-12-31 | 12.04% |
| 2025-09-30 | 13.55% |
| 2025-06-30 | 17.16% |
| 2025-03-31 | 11.65% |
| 2024-12-31 | 10.52% |
| 2024-09-30 | 8.27% |
| 2024-06-30 | 10.73% |
| 2024-03-31 | 9.67% |
| 2023-12-31 | 9.04% |
| 2023-09-30 | 9.83% |
| 2023-06-30 | 16.18% |
| 2023-03-31 | 17.72% |
| 2022-12-31 | 15.63% |
| 2022-09-30 | 18.46% |
| 2022-06-30 | 20.58% |
| 2022-03-31 | 19.67% |
| 2021-12-31 | 15.03% |
| 2021-09-30 | 15.08% |
| 2021-06-30 | 17.20% |
| 2021-03-31 | 9.95% |
| 2020-12-31 | 9.94% |
| 2020-09-30 | 9.91% |
| 2020-06-30 | 10.81% |
| 2020-03-31 | 13.99% |
| 2019-12-31 | 11.94% |
| 2019-09-30 | 16.07% |
| 2019-06-30 | 19.59% |
| 2019-03-31 | 20.44% |
| 2018-12-31 | 17.45% |
| 2018-09-30 | 18.21% |
| 2018-06-30 | 21.61% |
| 2018-03-31 | 22.41% |
| 2017-12-31 | 19.07% |
| 2017-09-30 | 19.47% |
| 2017-06-30 | 23.00% |
| 2017-03-31 | 18.00% |
| 2016-12-31 | 18.30% |
| 2016-10-01 | 18.20% |
| 2016-07-02 | 20.45% |
| 2016-04-02 | 22.53% |
| 2015-12-31 | 22.16% |
| 2015-10-03 | 23.47% |
| 2015-07-04 | 21.06% |
| 2015-04-04 | 22.80% |
| 2014-12-31 | 16.52% |
| 2014-09-27 | 19.85% |
| 2014-06-28 | 21.02% |
| 2014-03-29 | 18.74% |
| 2013-12-31 | 18.02% |
| 2013-09-28 | 18.25% |
| 2013-06-29 | 18.92% |
| 2013-03-30 | 19.15% |
| 2012-12-31 | 16.99% |
| 2012-09-29 | 17.47% |
| 2012-06-30 | 18.66% |
| 2012-03-31 | 18.42% |
| 2011-12-31 | 19.77% |
| 2011-10-01 | 19.60% |
| 2011-07-02 | 19.25% |
| 2011-04-02 | 19.06% |
| 2010-12-31 | 19.34% |
| 2010-10-02 | 19.67% |
| 2010-07-03 | 20.60% |
| 2010-04-03 | 20.84% |
| 2009-12-31 | 21.16% |
| 2009-10-03 | 21.34% |
| 2009-07-04 | 23.57% |
| 2009-04-04 | 28.98% |
| 2008-12-31 | 26.83% |
| 2008-09-27 | 26.99% |
| 2008-06-30 | 28.76% |
| 2008-03-29 | 28.91% |
| 2007-12-31 | 24.41% |
| 2007-09-29 | 24.79% |
| 2007-06-30 | 25.77% |
| 2007-03-31 | 19.81% |
| 2006-12-31 | 11.83% |
| 2006-09-30 | 14.27% |
| 2006-07-01 | 15.01% |
| 2006-04-01 | 3.55% |
| 2005-12-31 | 3.59% |
| 2005-10-01 | 4.08% |
| 2005-07-02 | 4.31% |
| 2005-04-02 | 4.50% |
| 2004-12-31 | 4.51% |
| 2004-10-02 | 4.86% |
| 2004-07-03 | 5.21% |
| 2004-04-03 | 5.63% |
| 2003-12-31 | 5.80% |
| 2003-09-27 | 6.53% |
| 2003-06-28 | 12.98% |
| 2003-03-29 | 14.08% |
| 2002-12-31 | 10.60% |
| 2002-09-28 | 11.15% |
