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 3.86% is 66% below its 5-year average of 11.29%, near the low end of its 5-year range (3.86%–23.30%).
As of the fiscal period ended Tuesday, June 30, 2026. 42.98% below its 12-month average of 6.78%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
3.86%
DEBT TO ASSETS RATIO AVG TTM
6.78%
DEBT TO ASSETS RATIO AVG 3Y
6.65%
DEBT TO ASSETS RATIO AVG 5Y
11.29%
DEBT TO ASSETS RATIO AVG 10Y
11.74%
DEBT TO ASSETS RATIO AVG 15Y
8.98%
DEBT TO ASSETS RATIO AVG 20Y
5.60%
CURRENT VS TTM AVG
-42.98%
CURRENT VS 3Y AVG
-41.86%
CURRENT VS 5Y AVG
-65.78%
CURRENT VS 10Y AVG
-67.07%
CURRENT VS 15Y AVG
-56.96%
CURRENT VS 20Y AVG
-31.02%
SECTOR MEDIAN · INDUSTRIALS
0.28%
median of 133 covered companies
CURRENT VS SECTOR MEDIAN
+1280.27%
vs the sector median at left
Comfort Systems USA, Inc.
Market Cap
$61.01B
Debt to Assets Ratio
3.86%
TTM Avg
6.78%
3Y Avg
6.65%
5Y Avg
11.29%
Market Cap
$64.68B
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$57.21B
Debt to Assets Ratio
0.34%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$55.94B
Debt to Assets Ratio
0.26%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$55.93B
Debt to Assets Ratio
0.27%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$66.74B
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Comfort Systems USA, Inc. (FIX) | $61.01B | 3.86% | 6.78% | 6.65% | 11.29% |
| Honeywell Aerospace Inc (HONA)vs › | $64.68B | N/A | N/A | N/A | N/A |
| Carrier Global Corporation (CARR)vs › | $57.21B | 0.34% | N/A | N/A | N/A |
| W.W. Grainger, Inc. (GWW)vs › | $65.28B | 0.35% | N/A | N/A | N/A |
| Delta Air Lines, Inc. (DAL)vs › | $55.94B | 0.26% | N/A | N/A | N/A |
| L3Harris Technologies, Inc. (LHX)vs › | $55.93B | 0.27% | N/A | N/A | N/A |
| AMETEK, Inc. (AME)vs › | $55.46B | 0.15% | N/A | N/A | N/A |
| Republic Services, Inc. (RSG)vs › | $66.74B | 0.02% | N/A | N/A | N/A |
| Fastenal Company (FAST)vs › | $53.96B | 0.09% | N/A | N/A | N/A |
| TransDigm Group Incorporated (TDG)vs › | $69.17B | 1.31% | N/A | N/A | N/A |
Debt/Assets
3.9%
Debt/Equity
0.32
Current Ratio
1.21
Interest Coverage
145.7x
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 | 3.86% |
| 2026-03-31 | 4.89% |
| 2025-12-31 | 12.20% |
| 2025-09-30 | 7.33% |
| 2025-06-30 | 5.60% |
| 2025-03-31 | 6.09% |
| 2024-12-31 | 6.55% |
| 2024-09-30 | 6.27% |
| 2024-06-30 | 7.11% |
| 2024-03-31 | 7.68% |
| 2023-12-31 | 7.77% |
| 2023-09-30 | 7.60% |
| 2023-06-30 | 9.01% |
| 2023-03-31 | 11.42% |
| 2022-12-31 | 14.98% |
| 2022-09-30 | 19.42% |
| 2022-06-30 | 21.29% |
| 2022-03-31 | 22.51% |
| 2021-12-31 | 23.30% |
| 2021-09-30 | 18.53% |
| 2021-06-30 | 13.76% |
| 2021-03-31 | 14.83% |
| 2020-12-31 | 18.94% |
| 2020-09-30 | 18.11% |
| 2020-06-30 | 18.82% |
| 2020-03-31 | 24.99% |
| 2019-12-31 | 20.79% |
| 2019-09-30 | 21.48% |
| 2019-06-30 | 25.28% |
| 2019-03-31 | 12.89% |
| 2018-12-31 | 7.24% |
| 2018-09-30 | 9.15% |
| 2018-06-30 | 6.15% |
| 2018-03-31 | 7.48% |
| 2017-12-31 | 6.87% |
| 2017-09-30 | 9.24% |
| 2017-06-30 | 11.73% |
| 2017-03-31 | 0.29% |
| 2016-12-31 | 0.40% |
| 2016-09-30 | 3.89% |
| 2016-06-30 | 5.42% |
| 2016-03-31 | 7.70% |
| 2015-12-31 | 1.66% |
| 2015-09-30 | 1.68% |
| 2015-06-30 | 2.80% |
| 2015-03-31 | 5.56% |
| 2014-12-31 | 6.15% |
| 2014-09-30 | 6.54% |
| 2014-06-30 | 7.92% |
| 2014-03-31 | 1.53% |
| 2013-12-31 | 0.33% |
| 2013-09-30 | 1.18% |
| 2013-06-30 | 0.91% |
| 2013-03-31 | 1.27% |
| 2012-12-31 | 1.27% |
| 2012-09-30 | 4.11% |
| 2012-06-30 | 3.42% |
| 2012-03-31 | 0.47% |
| 2011-12-31 | 2.60% |
| 2011-09-30 | 4.89% |
| 2011-06-30 | 4.57% |
| 2011-03-31 | 0.49% |
| 2010-12-31 | 4.68% |
| 2010-09-30 | 4.88% |
| 2010-06-30 | 1.22% |
| 2010-03-31 | 0.00% |
| 2009-12-31 | 1.32% |
| 2009-09-30 | 1.48% |
| 2009-06-30 | 1.52% |
| 2009-03-31 | 1.70% |
| 2008-12-31 | 1.79% |
| 2008-09-30 | 2.41% |
| 2008-06-30 | 2.12% |
| 2008-03-31 | 2.60% |
| 2007-12-31 | 0.27% |
| 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 | 0.07% |
| 2005-03-31 | 2.20% |
| 2004-12-31 | 2.30% |
| 2004-09-30 | 2.52% |
| 2004-06-30 | 2.76% |
| 2004-03-31 | 3.01% |
| 2003-12-31 | 2.96% |
| 2003-09-30 | 4.22% |
| 2003-06-30 | 3.22% |
| 2003-03-31 | 5.99% |
| 2002-12-31 | 3.38% |
| 2002-09-30 | 4.43% |
