Debt to Assets Ratio: 26.59%
Is the debt to assets ratio high or low?
The debt to assets ratio of 26.59% is 16% above its 5-year average of 22.95%, near the high end of its 5-year range (17.78%–27.65%).
As of Monday, June 29, 2026. 0.02% above its 12-month average of 26.58%.
IR Debt to Assets Ratio
Reported quarterly debt to assets ratio; no daily interpolation.
IR Average Debt to Assets Ratio Chart
IR Current vs Average Debt to Assets Ratio Chart
IR Debt to Assets Ratio Metrics
DEBT TO ASSETS RATIO
26.59%
DEBT TO ASSETS RATIO AVG TTM
26.58%
DEBT TO ASSETS RATIO AVG 3Y
23.51%
DEBT TO ASSETS RATIO AVG 5Y
22.95%
DEBT TO ASSETS RATIO AVG 10Y
28.24%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+0.02%
CURRENT VS 3Y AVG
+13.07%
CURRENT VS 5Y AVG
+15.86%
CURRENT VS 10Y AVG
-5.85%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
IR Competitors' Debt to Assets Ratio
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ingersoll Rand Inc. (IR) | $31.84B | 26.59% | 26.58% | 23.51% | 22.95% |
| MasTec, Inc. (MTZ)vs › | $31.32B | 0.28% | N/A | N/A | N/A |
| Dover Corporation (DOV)vs › | $30.43B | 0.28% | N/A | N/A | N/A |
| Carpenter Technology Corporation (CRS)vs › | $29.40B | 0.21% | N/A | N/A | N/A |
| Copart, Inc. (CPRT)vs › | $28.28B | 0.01% | N/A | N/A | N/A |
| EMCOR Group, Inc. (EME)vs › | $35.54B | 0.09% | N/A | N/A | N/A |
| Otis Worldwide Corporation (OTIS)vs › | $28.08B | 0.82% | N/A | N/A | N/A |
| Paychex, Inc. (PAYX)vs › | $35.79B | 0.28% | N/A | N/A | N/A |
| Xylem Inc. (XYL)vs › | $27.68B | 0.12% | N/A | N/A | N/A |
| Curtiss-Wright Corporation (CW)vs › | $27.61B | 0.25% | N/A | N/A | N/A |
Leverage Ratios Comparison
Debt/Assets
26.6%
Debt/Equity
0.48
Current Ratio
2.06
Interest Coverage
5.6x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
- Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
- Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
- Both measure leverage but from different perspectives
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Debt to Assets Ratio Formula & Definition
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
Debt to Assets Ratio FAQ
- What is the debt to assets ratio for Ingersoll Rand Inc. (IR)?
- The debt to assets ratio for IR stock is 26.59%.
- Is Ingersoll Rand Inc.'s debt to assets ratio high or low?
- The debt to assets ratio of 26.59% is 16% above its 5-year average of 22.95%, near the high end of its 5-year range (17.78%–27.65%).
- What is the TTM average debt to assets ratio for Ingersoll Rand Inc. (IR)?
- The TTM average debt to assets ratio for IR stock is 26.58%.
- What is the 3Y average debt to assets ratio for Ingersoll Rand Inc. (IR)?
- The 3Y average debt to assets ratio for IR stock is 23.51%.
- What is the 5Y average debt to assets ratio for Ingersoll Rand Inc. (IR)?
- The 5Y average debt to assets ratio for IR stock is 22.95%.
- What is the 10Y average debt to assets ratio for Ingersoll Rand Inc. (IR)?
- The 10Y average debt to assets ratio for IR stock is 28.24%.
IR Debt to Assets Ratio History
| DATE | DEBT TO ASSETS RATIO |
|---|---|
| 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% |
About Ingersoll Rand Inc.
Ingersoll Rand Inc., established in 1859 and headquartered in Davidson, North Carolina, delivers essential air, fluid, energy, medical, and specialized vehicle technologies to customers across the United States, Europe, the Middle East, Africa, and the Asia Pacific regions. The company operates through two primary divisions: Industrial Technologies and Services, and Precision and Science Technologies. The Industrial Technologies and Services division is responsible for the design, production, sales, and maintenance of various air and gas compression, vacuum, and blower solutions, alongside fluid handling and loading systems, power tools, and lifting apparatus. This segment also encompasses all related spare parts, consumables, air purification systems, controls, additional accessories, and support services. Meanwhile, the Precision and Science Technologies segment focuses on designing, manufacturing, and marketing a range of highly specialized positive displacement pumps, advanced fluid management systems, and their associated accessories and aftermarket parts. These solutions are critical for precise liquid and gas operations such as dosing, transfer, dispensing, compression, sampling, pressure regulation, and flow control in demanding or niche environments. Its diverse product portfolio serves a wide array of sectors, including healthcare, scientific research, industrial production, water treatment, chemical processing, advanced irrigation, energy, food and drink, agriculture, and applications involving vacuum and automated fluid handling within manufacturing and industrial settings. Ingersoll Rand distributes its offerings via both its own sales force and a network of independent partners, under numerous well-known brands such as Ingersoll Rand, Gardner Denver, Club Car, CompAir, Nash, Milton Roy, and many others. The company adopted its current name, Ingersoll Rand Inc., in March 2020, having previously been known as Gardner Denver Holdings, Inc.
- Sector
- Industrials
- Industry
- Industrial - Machinery
- CEO
- Vicente Reynal