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 26.21% is 14% above its 5-year average of 23.02%, near the high end of its 5-year range (17.78%–27.65%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.33% below its 12-month average of 26.56%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
26.21%
DEBT TO ASSETS RATIO AVG TTM
26.56%
DEBT TO ASSETS RATIO AVG 3Y
24.10%
DEBT TO ASSETS RATIO AVG 5Y
23.02%
DEBT TO ASSETS RATIO AVG 10Y
28.18%
DEBT TO ASSETS RATIO AVG 15Y
26.38%
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-1.33%
CURRENT VS 3Y AVG
+8.75%
CURRENT VS 5Y AVG
+13.85%
CURRENT VS 10Y AVG
-7.01%
CURRENT VS 15Y AVG
-0.66%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
0.28%
median of 130 covered companies
CURRENT VS SECTOR MEDIAN
+9260.37%
vs the sector median at left
Ingersoll Rand Inc.
Market Cap
$33.17B
Debt to Assets Ratio
26.21%
TTM Avg
26.56%
3Y Avg
24.10%
5Y Avg
23.02%
Market Cap
$33.00B
Debt to Assets Ratio
0.46%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$28.16B
Debt to Assets Ratio
0.79%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ingersoll Rand Inc. (IR) | $33.17B | 26.21% | 26.56% | 24.10% | 23.02% |
| Sunbelt Rentals Holdings Inc (SUNB)vs › | $33.00B | 0.46% | N/A | N/A | N/A |
| ATI Inc. (ATI)vs › | $31.45B | 0.38% | N/A | N/A | N/A |
| EMCOR Group, Inc. (EME)vs › | $36.76B | 0.00% | N/A | N/A | N/A |
| Everpure, Inc. (P)vs › | $37.03B | 0.05% | N/A | N/A | N/A |
| Xylem Inc. (XYL)vs › | $28.47B | 0.18% | N/A | N/A | N/A |
| Otis Worldwide Corporation (OTIS)vs › | $28.16B | 0.79% | N/A | N/A | N/A |
| Dover Corporation (DOV)vs › | $28.02B | 0.24% | N/A | N/A | N/A |
| nVent Electric plc (NVT)vs › | $27.68B | 0.23% | N/A | N/A | N/A |
| Hubbell Incorporated (HUBB)vs › | $27.10B | 0.45% | N/A | N/A | N/A |
Debt/Assets
26.2%
Debt/Equity
0.47
Current Ratio
1.62
Interest Coverage
5.6x
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 | 26.21% |
| 2026-03-31 | 26.59% |
| 2025-12-31 | 26.50% |
| 2025-09-30 | 26.68% |
| 2025-06-30 | 26.84% |
| 2025-03-31 | 26.30% |
| 2024-12-31 | 27.65% |
| 2024-09-30 | 26.59% |
| 2024-06-30 | 26.92% |
| 2024-03-31 | 17.78% |
| 2023-12-31 | 18.52% |
| 2023-09-30 | 18.30% |
| 2023-06-30 | 18.43% |
| 2023-03-31 | 18.57% |
| 2022-12-31 | 18.91% |
| 2022-09-30 | 19.62% |
| 2022-06-30 | 19.66% |
| 2022-03-31 | 22.85% |
| 2021-12-31 | 22.93% |
| 2021-09-30 | 23.45% |
| 2021-06-30 | 24.13% |
| 2021-03-31 | 24.66% |
| 2020-12-31 | 24.58% |
| 2020-09-30 | 25.17% |
| 2020-06-30 | 25.24% |
| 2020-03-31 | 22.85% |
| 2019-12-31 | 35.18% |
| 2019-09-30 | 35.53% |
| 2019-06-30 | 35.89% |
| 2019-03-31 | 36.10% |
| 2018-12-31 | 37.26% |
| 2018-09-30 | 38.87% |
| 2018-06-30 | 41.51% |
| 2018-03-31 | 43.04% |
| 2017-12-31 | 44.15% |
| 2017-09-30 | 44.55% |
| 2017-06-30 | 44.82% |
| 2017-03-31 | 64.50% |
| 2016-12-31 | 64.37% |
| 2015-09-30 | 25.65% |
| 2013-03-31 | 13.20% |
| 2012-12-31 | 0.00% |
| 2012-09-30 | 0.00% |