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 34.04% is in line with its 5-year average of 37.14%, around the middle of its 5-year range (27.28%–43.13%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.83% above its 12-month average of 31.86%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 34.04%.
DEBT TO ASSETS RATIO
34.04%
DEBT TO ASSETS RATIO AVG TTM
31.86%
DEBT TO ASSETS RATIO AVG 3Y
34.10%
DEBT TO ASSETS RATIO AVG 5Y
37.14%
DEBT TO ASSETS RATIO AVG 10Y
37.34%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+6.83%
CURRENT VS 3Y AVG
-0.18%
CURRENT VS 5Y AVG
-8.35%
CURRENT VS 10Y AVG
-8.85%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
0.27%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+12743.46%
vs the sector median at left
Howmet Aerospace Inc.
Market Cap
$91.89B
Debt to Assets Ratio
34.04%
TTM Avg
31.86%
3Y Avg
34.10%
5Y Avg
37.14%
Market Cap
$94.41B
Debt to Assets Ratio
0.19%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$95.52B
Debt to Assets Ratio
0.16%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$95.72B
Debt to Assets Ratio
0.23%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$84.38B
Debt to Assets Ratio
0.50%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$84.12B
Debt to Assets Ratio
0.40%
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) | $91.89B | 34.04% | 31.86% | 34.10% | 37.14% |
| Trane Technologies plc (TT)vs › | $94.41B | 0.19% | N/A | N/A | N/A |
| General Dynamics Corporation (GD)vs › | $95.52B | 0.16% | N/A | N/A | N/A |
| Quanta Services, Inc. (PWR)vs › | $95.72B | 0.23% | N/A | N/A | N/A |
| Vertiv Holdings Co (VRT)vs › | $96.01B | 0.20% | N/A | N/A | N/A |
| CSX Corporation (CSX)vs › | $87.25B | 0.43% | N/A | N/A | N/A |
| 3M Company (MMM)vs › | $85.60B | 0.36% | N/A | N/A | N/A |
| Waste Management, Inc. (WM)vs › | $84.38B | 0.50% | N/A | N/A | N/A |
| United Parcel Service, Inc. (UPS)vs › | $84.12B | 0.40% | N/A | N/A | N/A |
| Emerson Electric Co. (EMR)vs › | $83.97B | 0.33% | N/A | N/A | N/A |
Debt/Assets
34.0%
Debt/Equity
0.79
Current Ratio
1.82
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 |
|---|---|
| 2026-06-30 | 34.04% |
| 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% |
