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 24.45% is in line with its 5-year average of 23.45%, near the high end of its 5-year range (18.46%–26.04%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.70% below its 12-month average of 24.62%.
Reported quarterly debt to assets ratio; no daily interpolation. Q3 FY2026 (2026-06-30): 24.45%.
DEBT TO ASSETS RATIO
24.45%
DEBT TO ASSETS RATIO AVG TTM
24.62%
DEBT TO ASSETS RATIO AVG 3Y
24.00%
DEBT TO ASSETS RATIO AVG 5Y
23.45%
DEBT TO ASSETS RATIO AVG 10Y
22.61%
DEBT TO ASSETS RATIO AVG 15Y
22.18%
DEBT TO ASSETS RATIO AVG 20Y
21.07%
CURRENT VS TTM AVG
-0.70%
CURRENT VS 3Y AVG
+1.88%
CURRENT VS 5Y AVG
+4.23%
CURRENT VS 10Y AVG
+8.11%
CURRENT VS 15Y AVG
+10.21%
CURRENT VS 20Y AVG
+16.01%
SECTOR MEDIAN · BASIC MATERIALS
0.24%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+10085.81%
vs the sector median at left
Johnson Controls International plc
Market Cap
$87.78B
Debt to Assets Ratio
24.45%
TTM Avg
24.62%
3Y Avg
24.00%
5Y Avg
23.45%
Market Cap
$77.84B
Debt to Assets Ratio
0.53%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$74.71B
Debt to Assets Ratio
0.09%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$71.19B
Debt to Assets Ratio
0.16%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$109.60B
Debt to Assets Ratio
0.17%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$65.75B
Debt to Assets Ratio
0.45%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Johnson Controls International plc (JCI) | $87.78B | 24.45% | 24.62% | 24.00% | 23.45% |
| The Sherwin-Williams Company (SHW)vs › | $77.84B | 0.53% | N/A | N/A | N/A |
| Ecolab Inc. (ECL)vs › | $76.61B | 0.46% | N/A | N/A | N/A |
| Barrick Mining Corporation (B)vs › | $74.71B | 0.09% | N/A | N/A | N/A |
| Wheaton Precious Metals Corp. (WPM)vs › | $71.19B | 0.16% | N/A | N/A | N/A |
| Freeport-McMoRan Inc. (FCX)vs › | $109.60B | 0.17% | N/A | N/A | N/A |
| Vale S.A. (VALE)vs › | $65.84B | 0.21% | N/A | N/A | N/A |
| Air Products and Chemicals, Inc. (APD)vs › | $65.75B | 0.45% | N/A | N/A | N/A |
| CRH plc (CRH)vs › | $59.70B | 0.34% | N/A | N/A | N/A |
| Nucor Corporation (NUE)vs › | $58.74B | 0.19% | N/A | N/A | N/A |
Debt/Assets
24.4%
Debt/Equity
0.70
Current Ratio
0.97
Interest Coverage
18.0x
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 |
|---|---|
| 2026-06-30 | 24.45% |
| 2026-03-31 | 24.83% |
| 2025-12-31 | 24.06% |
| 2025-09-30 | 26.04% |
| 2025-06-30 | 23.72% |
| 2025-03-31 | 23.57% |
| 2024-12-31 | 23.74% |
| 2024-09-30 | 22.23% |
| 2024-06-30 | 23.98% |
| 2024-03-31 | 24.67% |
| 2023-12-31 | 24.12% |
| 2023-09-30 | 20.89% |
| 2023-06-30 | 22.82% |
| 2023-03-31 | 24.16% |
| 2022-12-31 | 22.77% |
| 2022-09-30 | 21.25% |
| 2022-06-30 | 22.43% |
| 2022-03-31 | 22.45% |
| 2021-12-31 | 19.06% |
| 2021-09-30 | 18.48% |
| 2021-06-30 | 18.46% |
| 2021-03-31 | 18.86% |
| 2020-12-31 | 19.15% |
| 2020-09-30 | 19.16% |
| 2020-06-30 | 19.61% |
| 2020-03-31 | 17.50% |
| 2019-12-31 | 17.13% |
| 2019-09-30 | 17.07% |
| 2019-06-30 | 17.01% |
| 2019-03-31 | 25.54% |
| 2018-12-31 | 24.80% |
| 2018-09-30 | 22.40% |
| 2018-06-30 | 24.20% |
| 2018-03-31 | 24.22% |
| 2017-12-31 | 25.12% |
| 2017-09-30 | 26.16% |
| 2017-06-30 | 28.16% |
| 2017-03-31 | 27.17% |
| 2016-12-31 | 27.16% |
| 2016-09-30 | 25.88% |
| 2016-06-24 | 25.09% |
| 2016-03-25 | 22.50% |
| 2015-12-25 | 23.06% |
| 2015-09-30 | 22.33% |
| 2015-06-26 | 23.57% |
| 2015-03-27 | 24.43% |
| 2014-12-26 | 23.77% |
| 2014-09-30 | 20.36% |
| 2014-06-27 | 22.64% |
| 2014-03-28 | 20.02% |
| 2013-12-27 | 21.63% |
| 2013-09-30 | 17.41% |
| 2013-06-28 | 18.97% |
| 2013-03-29 | 20.94% |
| 2012-12-28 | 20.63% |
| 2012-09-30 | 19.65% |
| 2012-06-29 | 21.48% |
| 2012-03-30 | 20.41% |
| 2011-12-30 | 20.16% |
| 2011-09-30 | 17.34% |
| 2011-06-24 | 17.33% |
| 2011-03-25 | 15.84% |
| 2010-12-24 | 13.60% |
| 2010-09-30 | 13.16% |
| 2010-06-25 | 13.97% |
| 2010-03-26 | 14.19% |
| 2009-12-25 | 14.47% |
| 2009-09-30 | 16.46% |
| 2009-06-26 | 21.22% |
| 2009-03-27 | 22.05% |
| 2008-12-26 | 20.68% |
| 2008-09-30 | 15.78% |
| 2008-06-27 | 16.36% |
| 2008-03-28 | 17.54% |
| 2007-12-28 | 18.17% |
| 2007-09-30 | 18.33% |
| 2007-06-29 | 19.83% |
| 2007-03-30 | 20.55% |
| 2006-12-29 | 22.03% |
| 2006-09-30 | 21.64% |
| 2006-06-30 | 22.73% |
| 2006-03-31 | 24.60% |
| 2005-12-30 | 25.19% |
| 2005-09-30 | 14.51% |
| 2005-07-01 | 14.81% |
| 2005-04-01 | 14.60% |
| 2004-12-31 | 17.78% |
| 2004-09-30 | 18.10% |
| 2004-06-30 | 16.26% |
| 2004-03-31 | 18.27% |
| 2003-12-31 | 19.60% |
| 2003-09-30 | 17.94% |
| 2003-06-30 | 19.30% |
| 2003-03-31 | 19.67% |
| 2002-12-31 | 20.97% |
| 2002-09-30 | 17.66% |
