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 32.54% is in line with its 5-year average of 30.15%, around the middle of its 5-year range (25.75%–35.85%).
As of the fiscal period ended Tuesday, March 31, 2026. 8.58% above its 12-month average of 29.97%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
32.54%
DEBT TO ASSETS RATIO AVG TTM
29.97%
DEBT TO ASSETS RATIO AVG 3Y
29.74%
DEBT TO ASSETS RATIO AVG 5Y
30.15%
DEBT TO ASSETS RATIO AVG 10Y
31.82%
DEBT TO ASSETS RATIO AVG 15Y
27.79%
DEBT TO ASSETS RATIO AVG 20Y
25.43%
CURRENT VS TTM AVG
+8.58%
CURRENT VS 3Y AVG
+9.40%
CURRENT VS 5Y AVG
+7.91%
CURRENT VS 10Y AVG
+2.25%
CURRENT VS 15Y AVG
+17.06%
CURRENT VS 20Y AVG
+27.95%
SECTOR MEDIAN · INDUSTRIALS
0.28%
median of 133 covered companies
CURRENT VS SECTOR MEDIAN
+11519.65%
vs the sector median at left
Hubbell Incorporated
Market Cap
$25.69B
Debt to Assets Ratio
32.54%
TTM Avg
29.97%
3Y Avg
29.74%
5Y Avg
30.15%
Market Cap
$27.19B
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 |
|---|---|---|---|---|---|
| Hubbell Incorporated (HUBB) | $25.69B | 32.54% | 29.97% | 29.74% | 30.15% |
| Symbotic Inc. (SYM)vs › | $25.76B | 0.01% | N/A | N/A | N/A |
| Copart, Inc. (CPRT)vs › | $25.87B | 0.01% | N/A | N/A | N/A |
| XPO Logistics, Inc. (XPO)vs › | $25.01B | 0.57% | N/A | N/A | N/A |
| Everpure, Inc. (P)vs › | $24.79B | 0.05% | N/A | N/A | N/A |
| MasTec, Inc. (MTZ)vs › | $26.70B | 0.28% | N/A | N/A | N/A |
| nVent Electric plc (NVT)vs › | $24.55B | 0.25% | N/A | N/A | N/A |
| ATI Inc. (ATI)vs › | $26.99B | 0.38% | N/A | N/A | N/A |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $27.19B | 0.23% | N/A | N/A | N/A |
| Dover Corporation (DOV)vs › | $27.23B | 0.28% | N/A | N/A | N/A |
Debt/Assets
32.5%
Debt/Equity
0.68
Current Ratio
1.72
Interest Coverage
19.0x
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 |
|---|---|
| 2026-03-31 | 32.54% |
| 2025-12-31 | 31.70% |
| 2025-09-30 | 28.56% |
| 2025-06-30 | 27.99% |
| 2025-03-31 | 29.04% |
| 2024-12-31 | 25.75% |
| 2024-09-30 | 30.16% |
| 2024-06-30 | 31.30% |
| 2024-03-31 | 32.99% |
| 2023-12-31 | 33.12% |
| 2023-09-30 | 27.41% |
| 2023-06-30 | 27.57% |
| 2023-03-31 | 28.48% |
| 2022-12-31 | 28.84% |
| 2022-09-30 | 29.09% |
| 2022-06-30 | 29.68% |
| 2022-03-31 | 30.20% |
| 2021-12-31 | 28.98% |
| 2021-09-30 | 31.64% |
| 2021-06-30 | 32.25% |
| 2021-03-31 | 35.85% |
| 2020-12-31 | 33.28% |
| 2020-09-30 | 31.86% |
| 2020-06-30 | 36.66% |
| 2020-03-31 | 36.36% |
| 2019-12-31 | 34.12% |
| 2019-09-30 | 36.38% |
| 2019-06-30 | 37.32% |
| 2019-03-31 | 36.35% |
| 2018-12-31 | 36.81% |
| 2018-09-30 | 38.48% |
| 2018-06-30 | 40.01% |
| 2018-03-31 | 41.82% |
| 2017-12-31 | 28.36% |
| 2017-09-30 | 28.87% |
| 2017-06-30 | 29.87% |
| 2017-03-31 | 28.50% |
| 2016-12-31 | 28.19% |
| 2016-09-30 | 28.53% |
| 2016-06-30 | 30.66% |
| 2016-03-31 | 29.10% |
| 2015-12-31 | 20.07% |
| 2015-09-30 | 17.69% |
| 2015-06-30 | 17.96% |
| 2015-03-31 | 18.36% |
| 2014-12-31 | 17.95% |
| 2014-09-30 | 17.54% |
| 2014-06-30 | 18.08% |
| 2014-03-31 | 18.44% |
| 2013-12-31 | 18.75% |
| 2013-09-30 | 19.01% |
| 2013-06-30 | 19.63% |
| 2013-03-31 | 19.98% |
| 2012-12-31 | 20.25% |
| 2012-09-30 | 20.08% |
| 2012-06-30 | 20.51% |
| 2012-03-31 | 20.73% |
| 2011-12-31 | 21.05% |
| 2011-09-30 | 21.30% |
| 2011-06-30 | 21.56% |
| 2011-03-31 | 21.80% |
| 2010-12-31 | 22.09% |
| 2010-09-30 | 19.33% |
| 2010-06-30 | 19.69% |
| 2010-03-31 | 20.05% |
| 2009-12-31 | 20.17% |
| 2009-09-30 | 22.41% |
| 2009-06-30 | 23.18% |
| 2009-03-31 | 23.81% |
| 2008-12-31 | 23.51% |
| 2008-09-30 | 21.96% |
| 2008-06-30 | 22.97% |
| 2008-03-31 | 21.78% |
| 2007-12-31 | 12.67% |
| 2007-09-30 | 14.37% |
| 2007-06-30 | 11.94% |
| 2007-03-31 | 15.10% |
| 2006-12-31 | 12.57% |
| 2006-09-30 | 11.90% |
| 2006-06-30 | 11.86% |
| 2006-03-31 | 12.98% |
| 2005-12-31 | 13.73% |
| 2005-09-30 | 18.11% |
| 2005-06-30 | 18.39% |
| 2005-03-31 | 18.20% |
| 2004-12-31 | 18.21% |
| 2004-09-30 | 18.36% |
| 2004-06-30 | 18.89% |
| 2004-03-31 | 19.44% |
| 2003-12-31 | 19.93% |
| 2003-09-30 | 20.06% |
| 2003-06-30 | 20.79% |
| 2003-03-31 | 21.05% |
| 2002-12-31 | 21.18% |
| 2002-09-30 | 26.50% |
| 2002-06-30 | 26.83% |