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 29.06% is 16% below its 5-year average of 34.46%, near the low end of its 5-year range (29.06%–41.90%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.25% below its 12-month average of 31.00%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
29.06%
DEBT TO ASSETS RATIO AVG TTM
31.00%
DEBT TO ASSETS RATIO AVG 3Y
32.58%
DEBT TO ASSETS RATIO AVG 5Y
34.46%
DEBT TO ASSETS RATIO AVG 10Y
36.40%
DEBT TO ASSETS RATIO AVG 15Y
29.69%
DEBT TO ASSETS RATIO AVG 20Y
24.74%
CURRENT VS TTM AVG
-6.25%
CURRENT VS 3Y AVG
-10.81%
CURRENT VS 5Y AVG
-15.67%
CURRENT VS 10Y AVG
-20.16%
CURRENT VS 15Y AVG
-2.13%
CURRENT VS 20Y AVG
+17.48%
SECTOR MEDIAN · INDUSTRIALS
0.28%
median of 128 covered companies
CURRENT VS SECTOR MEDIAN
+10278.61%
vs the sector median at left
W.W. Grainger, Inc.
Market Cap
$61.26B
Debt to Assets Ratio
29.06%
TTM Avg
31.00%
3Y Avg
32.58%
5Y Avg
34.46%
Market Cap
$62.04B
Debt to Assets Ratio
0.50%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$58.94B
Debt to Assets Ratio
0.04%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$58.67B
Debt to Assets Ratio
0.23%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$66.03B
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$68.43B
Debt to Assets Ratio
1.39%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$53.95B
Debt to Assets Ratio
0.04%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| W.W. Grainger, Inc. (GWW) | $61.26B | 29.06% | 31.00% | 32.58% | 34.46% |
| Bloom Energy Corporation (BE)vs › | $62.04B | 0.50% | N/A | N/A | N/A |
| Fastenal Company (FAST)vs › | $59.84B | 0.08% | N/A | N/A | N/A |
| Comfort Systems USA, Inc. (FIX)vs › | $58.94B | 0.04% | N/A | N/A | N/A |
| Delta Air Lines, Inc. (DAL)vs › | $58.67B | 0.23% | N/A | N/A | N/A |
| AMETEK, Inc. (AME)vs › | $57.96B | 0.14% | N/A | N/A | N/A |
| Republic Services, Inc. (RSG)vs › | $66.03B | 0.02% | N/A | N/A | N/A |
| TransDigm Group Incorporated (TDG)vs › | $68.43B | 1.39% | N/A | N/A | N/A |
| L3Harris Technologies, Inc. (LHX)vs › | $53.95B | 0.04% | N/A | N/A | N/A |
| PACCAR Inc (PCAR)vs › | $69.08B | 0.33% | N/A | N/A | N/A |
Debt/Assets
29.1%
Debt/Equity
0.29
Current Ratio
2.81
Interest Coverage
33.2x
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 | 29.06% |
| 2026-03-31 | 29.36% |
| 2025-12-31 | 35.29% |
| 2025-09-30 | 30.74% |
| 2025-06-30 | 30.54% |
| 2025-03-31 | 30.94% |
| 2024-12-31 | 36.05% |
| 2024-09-30 | 35.19% |
| 2024-06-30 | 32.47% |
| 2024-03-31 | 32.31% |
| 2023-12-31 | 33.78% |
| 2023-09-30 | 33.51% |
| 2023-06-30 | 34.33% |
| 2023-03-31 | 34.76% |
| 2022-12-31 | 35.65% |
| 2022-09-30 | 37.24% |
| 2022-06-30 | 37.96% |
| 2022-03-31 | 38.72% |
| 2021-12-31 | 41.90% |
| 2021-09-30 | 37.12% |
| 2021-06-30 | 36.75% |
| 2021-03-31 | 37.58% |
| 2020-12-31 | 41.56% |
| 2020-09-30 | 36.46% |
| 2020-06-30 | 46.39% |
| 2020-03-31 | 46.55% |
| 2019-12-31 | 36.89% |
| 2019-09-30 | 36.95% |
| 2019-06-30 | 36.92% |
| 2019-03-31 | 36.76% |
| 2018-12-31 | 37.80% |
| 2018-09-30 | 37.67% |
| 2018-06-30 | 38.86% |
| 2018-03-31 | 40.87% |
| 2017-12-31 | 40.36% |
| 2017-09-30 | 39.88% |
| 2017-06-30 | 41.39% |
| 2017-03-31 | 39.59% |
| 2016-12-31 | 39.46% |
| 2016-09-30 | 38.71% |
| 2016-06-30 | 38.08% |
| 2016-03-31 | 35.08% |
| 2015-12-31 | 33.38% |
| 2015-09-30 | 31.21% |
| 2015-06-30 | 24.12% |
| 2015-03-31 | 12.05% |
| 2014-12-31 | 9.15% |
| 2014-09-30 | 8.62% |
| 2014-06-30 | 10.68% |
| 2014-03-31 | 10.98% |
| 2013-12-31 | 10.30% |
| 2013-09-30 | 10.45% |
| 2013-06-30 | 10.89% |
| 2013-03-31 | 10.97% |
| 2012-12-31 | 11.26% |
| 2012-09-30 | 11.28% |
| 2012-06-30 | 11.52% |
| 2012-03-31 | 11.02% |
| 2011-12-31 | 10.95% |
| 2011-09-30 | 13.35% |
| 2011-06-30 | 11.58% |
| 2011-03-31 | 12.45% |
| 2010-12-31 | 12.66% |
| 2010-09-30 | 13.33% |
| 2010-06-30 | 13.62% |
| 2010-03-31 | 13.58% |
| 2009-12-31 | 14.10% |
| 2009-09-30 | 14.30% |
| 2009-06-30 | 15.71% |
| 2009-03-31 | 16.21% |
| 2008-12-31 | 15.06% |
| 2008-09-30 | 14.87% |
| 2008-06-30 | 15.41% |
| 2008-03-31 | 10.74% |
| 2007-12-31 | 3.61% |
| 2007-09-30 | 5.02% |
| 2007-06-30 | 0.48% |
| 2007-03-31 | 0.31% |
| 2006-12-31 | 0.31% |
| 2006-09-30 | 0.31% |
| 2006-06-30 | 0.30% |
| 2006-03-31 | 0.30% |
| 2005-12-31 | 0.31% |
| 2005-09-30 | 0.32% |
| 2005-06-30 | 0.34% |
| 2005-03-31 | 0.33% |
| 2004-12-31 | 0.34% |
| 2004-09-30 | 0.35% |
| 2004-06-30 | 5.27% |
| 2004-03-31 | 5.49% |
| 2003-12-31 | 5.68% |
| 2003-09-30 | 5.54% |
| 2003-06-30 | 5.72% |
| 2003-03-31 | 5.49% |
| 2002-12-31 | 5.30% |
| 2002-09-30 | 5.49% |
