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 44.53% is in line with its 5-year average of 43.27%, around the middle of its 5-year range (39.13%–54.59%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.58% below its 12-month average of 46.67%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
44.53%
DEBT TO ASSETS RATIO AVG TTM
46.67%
DEBT TO ASSETS RATIO AVG 3Y
43.63%
DEBT TO ASSETS RATIO AVG 5Y
42.70%
DEBT TO ASSETS RATIO AVG 10Y
43.74%
DEBT TO ASSETS RATIO AVG 15Y
46.89%
DEBT TO ASSETS RATIO AVG 20Y
50.12%
CURRENT VS TTM AVG
-4.58%
CURRENT VS 3Y AVG
+2.06%
CURRENT VS 5Y AVG
+4.29%
CURRENT VS 10Y AVG
+1.81%
CURRENT VS 15Y AVG
-5.02%
CURRENT VS 20Y AVG
-11.14%
SECTOR MEDIAN · REAL ESTATE
0.43%
median of 32 covered companies
CURRENT VS SECTOR MEDIAN
+10256.61%
vs the sector median at left
First Industrial Realty Trust, Inc.
Market Cap
$8.50B
Debt to Assets Ratio
44.53%
TTM Avg
46.67%
3Y Avg
43.63%
5Y Avg
42.70%
Market Cap
$8.52B
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$9.17B
Debt to Assets Ratio
0.30%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$7.48B
Debt to Assets Ratio
0.19%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$10.61B
Debt to Assets Ratio
122254.15%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Industrial Realty Trust, Inc. (FR) | $8.50B | 44.53% | 46.67% | 43.63% | 42.70% |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $8.52B | N/A | N/A | N/A | N/A |
| NNN REIT, Inc. (NNN)vs › | $8.97B | 0.52% | N/A | N/A | N/A |
| Agree Realty Corporation (ADC)vs › | $9.17B | 0.30% | N/A | N/A | N/A |
| CubeSmart (CUBE)vs › | $9.48B | 0.53% | N/A | N/A | N/A |
| Terreno Realty Corporation (TRNO)vs › | $7.48B | 0.19% | N/A | N/A | N/A |
| Federal Realty Investment Trust (FRT)vs › | $10.61B | 122254.15% | N/A | N/A | N/A |
| Camden Property Trust (CPT)vs › | $11.16B | N/A | N/A | N/A | N/A |
| BXP, Inc. (BXP)vs › | $11.27B | 0.64% | N/A | N/A | N/A |
| CoStar Group, Inc. (CSGP)vs › | $12.08B | 0.11% | N/A | N/A | N/A |
Debt/Assets
44.5%
Debt/Equity
0.93
Current Ratio
0.69
Interest Coverage
3.4x
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 | 44.53% |
| 2026-03-31 | 44.77% |
| 2025-12-31 | 45.23% |
| 2025-09-30 | 54.59% |
| 2025-06-30 | 44.22% |
| 2025-03-31 | 44.02% |
| 2024-12-31 | 42.33% |
| 2024-09-30 | 42.21% |
| 2024-06-30 | 43.09% |
| 2024-03-31 | 43.34% |
| 2023-12-31 | 43.42% |
| 2023-09-30 | 43.13% |
| 2023-06-30 | 43.32% |
| 2023-03-31 | 42.54% |
| 2022-12-31 | 42.16% |
| 2022-09-30 | 41.16% |
| 2022-06-30 | 41.37% |
| 2022-03-31 | 40.85% |
| 2021-12-31 | 39.13% |
| 2021-09-30 | 41.15% |
| 2021-06-30 | 42.06% |
| 2021-03-31 | 42.55% |
| 2020-12-31 | 43.02% |
| 2020-09-30 | 44.01% |
| 2020-06-30 | 45.77% |
| 2020-03-31 | 46.03% |
| 2019-12-31 | 42.89% |
| 2019-09-30 | 42.56% |
| 2019-06-30 | 42.92% |
| 2019-03-31 | 42.28% |
| 2018-12-31 | 41.30% |
| 2018-09-30 | 41.57% |
| 2018-06-30 | 41.81% |
| 2018-03-31 | 46.04% |
| 2017-12-31 | 44.10% |
| 2017-09-30 | 46.85% |
| 2017-06-30 | 46.95% |
| 2017-03-31 | 49.02% |
| 2016-12-31 | 48.23% |
| 2016-09-30 | 48.68% |
| 2016-06-30 | 49.05% |
| 2016-03-31 | 54.93% |
| 2015-12-31 | 52.93% |
| 2015-09-30 | 54.88% |
| 2015-06-30 | 52.71% |
| 2015-03-31 | 52.93% |
| 2014-12-31 | 52.28% |
| 2014-09-30 | 52.28% |
| 2014-06-30 | 53.55% |
| 2014-03-31 | 53.22% |
| 2013-12-31 | 49.92% |
| 2013-09-30 | 50.92% |
| 2013-06-30 | 49.18% |
| 2013-03-31 | 46.96% |
| 2012-12-31 | 51.20% |
| 2012-09-30 | 49.66% |
| 2012-06-30 | 55.49% |
| 2012-03-31 | 54.62% |
| 2011-12-31 | 55.48% |
| 2011-09-30 | 56.07% |
| 2011-06-30 | 56.63% |
| 2011-03-31 | 59.84% |
| 2010-12-31 | 63.37% |
| 2010-09-30 | 65.41% |
| 2010-06-30 | 61.44% |
| 2010-03-31 | 61.84% |
| 2009-12-31 | 62.36% |
| 2009-09-30 | 63.74% |
| 2009-06-30 | 65.27% |
| 2009-03-31 | 64.68% |
| 2008-12-31 | 63.18% |
| 2008-09-30 | 60.06% |
| 2008-06-30 | 59.63% |
| 2008-03-31 | 58.19% |
| 2007-12-31 | 57.49% |
| 2007-09-30 | 56.91% |
| 2007-06-30 | 57.23% |
| 2007-03-31 | 54.03% |
| 2006-12-31 | 54.48% |
| 2006-09-30 | 54.51% |
| 2006-06-30 | 55.79% |
| 2006-03-31 | 55.30% |
| 2005-12-31 | 54.44% |
| 2005-09-30 | 58.81% |
| 2005-06-30 | 56.97% |
| 2005-03-31 | 55.63% |
| 2004-12-31 | 55.84% |
| 2004-09-30 | 56.60% |
| 2004-06-30 | 53.37% |
| 2004-03-31 | 52.25% |
| 2003-12-31 | 53.17% |
| 2003-09-30 | 53.03% |
| 2003-06-30 | 53.71% |
| 2003-03-31 | 53.32% |
| 2002-12-31 | 52.55% |
| 2002-09-30 | 46.02% |
