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 35.86% is in line with its 5-year average of 37.56%, around the middle of its 5-year range (27.28%–43.13%).
As of the fiscal period ended Tuesday, March 31, 2026. 13.78% above its 12-month average of 31.52%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
35.86%
DEBT TO ASSETS RATIO AVG TTM
31.52%
DEBT TO ASSETS RATIO AVG 3Y
34.58%
DEBT TO ASSETS RATIO AVG 5Y
37.56%
DEBT TO ASSETS RATIO AVG 10Y
37.42%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+13.78%
CURRENT VS 3Y AVG
+3.71%
CURRENT VS 5Y AVG
-4.53%
CURRENT VS 10Y AVG
-4.18%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
0.27%
median of 125 covered companies
CURRENT VS SECTOR MEDIAN
+13181.97%
vs the sector median at left
Howmet Aerospace Inc.
Market Cap
$115.94B
Debt to Assets Ratio
35.86%
TTM Avg
31.52%
3Y Avg
34.58%
5Y Avg
37.56%
Market Cap
$126.88B
Debt to Assets Ratio
0.31%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$105.17B
Debt to Assets Ratio
0.19%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$104.07B
Debt to Assets Ratio
0.12%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$103.06B
Debt to Assets Ratio
0.23%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$135.11B
Debt to Assets Ratio
0.33%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Howmet Aerospace Inc. (HWM) | $115.94B | 35.86% | 31.52% | 34.58% | 37.56% |
| Vertiv Holdings Co (VRT)vs › | $107.33B | 0.02% | N/A | N/A | N/A |
| Parker-Hannifin Corporation (PH)vs › | $126.88B | 0.31% | N/A | N/A | N/A |
| Trane Technologies plc (TT)vs › | $105.17B | 0.19% | N/A | N/A | N/A |
| General Dynamics Corporation (GD)vs › | $104.07B | 0.12% | N/A | N/A | N/A |
| Quanta Services, Inc. (PWR)vs › | $103.06B | 0.23% | N/A | N/A | N/A |
| Lockheed Martin Corporation (LMT)vs › | $135.11B | 0.33% | N/A | N/A | N/A |
| CSX Corporation (CSX)vs › | $94.18B | 0.43% | N/A | N/A | N/A |
| 3M Company (MMM)vs › | $94.16B | 0.36% | N/A | N/A | N/A |
| Emerson Electric Co. (EMR)vs › | $91.54B | 0.33% | N/A | N/A | N/A |
Debt/Assets
35.9%
Debt/Equity
0.85
Current Ratio
2.44
Interest Coverage
14.1x
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 | 35.86% |
| 2025-12-31 | 27.28% |
| 2025-09-30 | 31.08% |
| 2025-06-30 | 31.03% |
| 2025-03-31 | 32.33% |
| 2024-12-31 | 33.00% |
| 2024-09-30 | 32.15% |
| 2024-06-30 | 35.74% |
| 2024-03-31 | 35.47% |
| 2023-12-31 | 36.78% |
| 2023-09-30 | 38.45% |
| 2023-06-30 | 40.07% |
| 2023-03-31 | 40.30% |
| 2022-12-31 | 41.71% |
| 2022-09-30 | 43.13% |
| 2022-06-30 | 42.62% |
| 2022-03-31 | 42.86% |
| 2021-12-31 | 42.53% |
| 2021-09-30 | 41.38% |
| 2021-06-30 | 42.09% |
| 2021-03-31 | 42.96% |
| 2020-12-31 | 45.54% |
| 2020-09-30 | 44.81% |
| 2020-06-30 | 44.76% |
| 2020-03-31 | 39.95% |
| 2019-12-31 | 35.30% |
| 2019-09-30 | 36.26% |
| 2019-06-30 | 35.37% |
| 2019-03-31 | 34.50% |
| 2018-12-31 | 33.86% |
| 2018-09-30 | 34.69% |
| 2018-06-30 | 34.89% |
| 2018-03-31 | 34.88% |
| 2017-12-31 | 36.56% |
| 2017-09-30 | 35.64% |
| 2017-06-30 | 35.82% |
| 2017-03-31 | 40.15% |
| 2016-12-31 | 40.34% |
| 2016-09-30 | 27.44% |
| 2016-06-30 | 5.98% |
| 2016-03-31 | 6.21% |
| 2015-12-31 | 24.20% |
| 2015-09-30 | 25.22% |
| 2015-06-30 | 23.89% |
| 2015-03-31 | 24.48% |
| 2014-12-31 | 23.52% |
| 2014-09-30 | 0.70% |
| 2014-06-30 | 2.03% |
| 2014-03-31 | 1.35% |
