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 26.97% is 27% above its 5-year average of 21.20%, near the high end of its 5-year range (6.49%–34.73%).
As of the fiscal period ended Thursday, April 30, 2026. 1.81% below its 12-month average of 27.47%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
26.97%
DEBT TO ASSETS RATIO AVG TTM
27.47%
DEBT TO ASSETS RATIO AVG 3Y
29.24%
DEBT TO ASSETS RATIO AVG 5Y
21.20%
DEBT TO ASSETS RATIO AVG 10Y
22.04%
DEBT TO ASSETS RATIO AVG 15Y
21.20%
DEBT TO ASSETS RATIO AVG 20Y
17.35%
CURRENT VS TTM AVG
-1.81%
CURRENT VS 3Y AVG
-7.74%
CURRENT VS 5Y AVG
+27.26%
CURRENT VS 10Y AVG
+22.36%
CURRENT VS 15Y AVG
+27.25%
CURRENT VS 20Y AVG
+55.50%
SECTOR MEDIAN · INDUSTRIALS
0.28%
median of 130 covered companies
CURRENT VS SECTOR MEDIAN
+9533.15%
vs the sector median at left
HEICO Corporation
Market Cap
$52.12B
Debt to Assets Ratio
26.97%
TTM Avg
27.47%
3Y Avg
29.24%
5Y Avg
21.20%
Market Cap
$51.84B
Debt to Assets Ratio
0.26%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$51.57B
Debt to Assets Ratio
0.33%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$51.20B
Debt to Assets Ratio
0.82%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$50.78B
Debt to Assets Ratio
0.30%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$49.47B
Debt to Assets Ratio
0.33%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$48.71B
Debt to Assets Ratio
0.25%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$47.51B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$57.60B
Debt to Assets Ratio
0.23%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| HEICO Corporation (HEI-A) | $52.12B | 26.97% | 27.47% | 29.24% | 21.20% |
| L3Harris Technologies, Inc. (LHX)vs › | $51.84B | 0.26% | N/A | N/A | N/A |
| Carrier Global Corporation (CARR)vs › | $51.57B | 0.33% | N/A | N/A | N/A |
| Honeywell Aerospace Inc (HONA)vs › | $51.20B | 0.82% | N/A | N/A | N/A |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $50.78B | 0.30% | N/A | N/A | N/A |
| Rockwell Automation, Inc. (ROK)vs › | $49.47B | 0.33% | N/A | N/A | N/A |
| Axon Enterprise, Inc. (AXON)vs › | $48.71B | 0.25% | N/A | N/A | N/A |
| Rocket Lab USA, Inc. (RKLB)vs › | $47.51B | 0.03% | N/A | N/A | N/A |
| Delta Air Lines, Inc. (DAL)vs › | $57.60B | 0.23% | N/A | N/A | N/A |
| Ferrovial SE (FER)vs › | $46.36B | 0.39% | N/A | N/A | N/A |
Debt/Assets
27.0%
Debt/Equity
0.54
Current Ratio
2.92
Interest Coverage
7.8x
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 |
|---|---|
| 2026-04-30 | 26.97% |
| 2026-01-31 | 27.73% |
| 2025-10-31 | 25.81% |
| 2025-07-31 | 28.69% |
| 2025-04-30 | 28.15% |
| 2025-01-31 | 29.83% |
| 2024-10-31 | 29.67% |
| 2024-07-31 | 30.44% |
| 2024-04-30 | 32.44% |
| 2024-01-31 | 34.08% |
| 2023-10-31 | 34.73% |
| 2023-07-31 | 22.28% |
| 2023-04-30 | 15.50% |
| 2023-01-31 | 16.29% |
| 2022-10-31 | 7.45% |
| 2022-07-31 | 6.49% |
| 2022-04-30 | 7.21% |
| 2022-01-31 | 6.75% |
| 2021-10-31 | 7.16% |
| 2021-07-31 | 11.18% |
| 2021-04-30 | 16.26% |
| 2021-01-31 | 18.78% |
| 2020-10-31 | 21.25% |
| 2020-07-31 | 21.62% |
| 2020-04-30 | 22.00% |
| 2020-01-31 | 18.37% |
| 2019-10-31 | 18.93% |
| 2019-07-31 | 21.63% |
| 2019-04-30 | 19.50% |
| 2019-01-31 | 21.76% |
| 2018-10-31 | 20.07% |
| 2018-07-31 | 23.50% |
| 2018-04-30 | 26.02% |
| 2018-01-31 | 26.03% |
| 2017-10-31 | 26.83% |
| 2017-07-31 | 19.55% |
| 2017-04-30 | 21.17% |
| 2017-01-31 | 20.54% |
| 2016-10-31 | 22.47% |
| 2016-07-31 | 25.28% |
| 2016-04-30 | 27.91% |
| 2016-01-31 | 30.02% |
| 2015-10-31 | 21.17% |
| 2015-07-31 | 18.85% |
| 2015-04-30 | 20.68% |
| 2015-01-31 | 22.53% |
| 2014-10-31 | 22.10% |
| 2014-07-31 | 25.63% |
| 2014-04-30 | 28.21% |
| 2014-01-31 | 24.89% |
| 2013-10-31 | 24.63% |
| 2013-07-31 | 23.04% |
| 2013-04-30 | 18.90% |
| 2013-01-31 | 21.37% |
| 2012-10-31 | 11.05% |
| 2012-07-31 | 13.19% |
| 2012-04-30 | 14.91% |
| 2012-01-31 | 16.85% |
| 2011-10-31 | 4.27% |
| 2011-07-31 | 0.01% |
| 2011-04-30 | 0.85% |
| 2011-01-31 | 2.93% |
| 2010-10-31 | 1.82% |
| 2010-07-31 | 6.08% |
| 2010-04-30 | 8.25% |
| 2010-01-31 | 5.88% |
| 2009-10-31 | 7.56% |
| 2009-07-31 | 7.92% |
| 2009-04-30 | 5.56% |
| 2009-01-31 | 6.03% |
| 2008-10-31 | 5.56% |
| 2008-07-31 | 6.42% |
| 2008-04-30 | 8.40% |
| 2008-01-31 | 10.31% |
| 2007-10-31 | 8.86% |
| 2007-07-31 | 7.18% |
| 2007-04-30 | 9.12% |
| 2007-01-31 | 10.97% |
| 2006-10-31 | 10.30% |
| 2006-07-31 | 11.68% |
| 2006-04-30 | 12.76% |
| 2006-01-31 | 13.31% |
| 2005-10-31 | 7.83% |
| 2005-07-31 | 5.54% |
| 2005-04-30 | 6.89% |
| 2005-01-31 | 8.17% |
| 2004-10-31 | 4.98% |
| 2004-07-31 | 9.80% |
| 2004-04-30 | 12.15% |
| 2004-01-31 | 14.96% |
| 2003-10-31 | 9.61% |
| 2003-07-31 | 13.11% |
| 2003-04-30 | 14.34% |
| 2003-01-31 | 15.41% |
| 2002-10-31 | 16.65% |
| 2002-07-31 | 19.14% |