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 42.08% is in line with its 5-year average of 41.99%, around the middle of its 5-year range (38.54%–45.13%).
As of the fiscal period ended Friday, July 3, 2026. 0.68% below its 12-month average of 42.37%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-07-03): 42.08%.
DEBT TO ASSETS RATIO
42.08%
DEBT TO ASSETS RATIO AVG TTM
42.37%
DEBT TO ASSETS RATIO AVG 3Y
41.37%
DEBT TO ASSETS RATIO AVG 5Y
41.99%
DEBT TO ASSETS RATIO AVG 10Y
39.84%
DEBT TO ASSETS RATIO AVG 15Y
37.13%
DEBT TO ASSETS RATIO AVG 20Y
33.41%
CURRENT VS TTM AVG
-0.68%
CURRENT VS 3Y AVG
+1.73%
CURRENT VS 5Y AVG
+0.22%
CURRENT VS 10Y AVG
+5.62%
CURRENT VS 15Y AVG
+13.33%
CURRENT VS 20Y AVG
+25.95%
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+23277.97%
vs the sector median at left
Leidos Holdings, Inc.
Market Cap
$16.71B
Debt to Assets Ratio
42.08%
TTM Avg
42.37%
3Y Avg
41.37%
5Y Avg
41.99%
Market Cap
$16.76B
Debt to Assets Ratio
0.34%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$16.02B
Debt to Assets Ratio
0.31%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$15.35B
Debt to Assets Ratio
0.62%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Leidos Holdings, Inc. (LDOS) | $16.71B | 42.08% | 42.37% | 41.37% | 41.99% |
| Fortive Corporation (FTV)vs › | $16.67B | 0.30% | N/A | N/A | N/A |
| Zebra Technologies Corporation (ZBRA)vs › | $16.76B | 0.34% | N/A | N/A | N/A |
| MKS Inc. (MKSI)vs › | $16.16B | 0.47% | N/A | N/A | N/A |
| BE Semiconductor Industries N.V. (BESIY)vs › | $16.02B | 0.31% | N/A | N/A | N/A |
| PTC Inc. (PTC)vs › | $15.78B | 0.25% | N/A | N/A | N/A |
| Dynatrace, Inc. (DT)vs › | $15.55B | 0.04% | N/A | N/A | N/A |
| IREN Limited (IREN)vs › | $15.41B | 0.50% | N/A | N/A | N/A |
| Akamai Technologies, Inc. (AKAM)vs › | $15.35B | 0.62% | N/A | N/A | N/A |
| Tyler Technologies, Inc. (TYL)vs › | $14.72B | 0.25% | N/A | N/A | N/A |
Debt/Assets
42.1%
Debt/Equity
1.24
Current Ratio
1.63
Interest Coverage
10.4x
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 |
|---|---|
| 2026-07-03 | 42.08% |
| 2026-04-03 | 45.13% |
| 2026-01-02 | 43.94% |
| 2025-10-03 | 38.61% |
| 2025-07-04 | 42.08% |
| 2025-04-04 | 43.46% |
| 2025-01-03 | 40.38% |
| 2024-09-27 | 38.54% |
| 2024-06-28 | 39.99% |
| 2024-03-29 | 40.37% |
| 2023-12-29 | 40.95% |
| 2023-09-29 | 40.86% |
| 2023-06-30 | 41.78% |
| 2023-03-31 | 42.46% |
| 2022-12-30 | 42.00% |
| 2022-09-30 | 42.70% |
| 2022-07-01 | 44.93% |
| 2022-04-01 | 43.80% |
| 2021-12-31 | 42.72% |
| 2021-10-01 | 43.03% |
| 2021-07-02 | 43.88% |
| 2021-04-02 | 42.12% |
| 2021-01-01 | 42.43% |
| 2020-10-02 | 41.31% |
| 2020-07-03 | 45.55% |
| 2020-04-03 | 43.11% |
| 2020-01-03 | 35.36% |
| 2019-09-27 | 35.19% |
| 2019-06-28 | 35.42% |
| 2019-03-29 | 35.65% |
| 2018-12-28 | 35.62% |
| 2018-09-28 | 34.14% |
| 2018-06-29 | 34.90% |
| 2018-03-30 | 34.65% |
| 2017-12-29 | 34.97% |
| 2017-09-29 | 34.82% |
| 2017-06-30 | 36.38% |
| 2017-03-31 | 35.80% |
| 2016-12-30 | 36.40% |
| 2016-09-30 | 36.23% |
| 2016-07-01 | 32.14% |
| 2016-04-01 | 32.17% |
| 2015-12-31 | 32.22% |
| 2015-10-02 | 34.68% |
| 2015-07-03 | 35.16% |
| 2015-04-03 | 35.00% |
| 2015-01-31 | 36.48% |
| 2014-10-31 | 36.17% |
| 2014-08-01 | 38.26% |
| 2014-05-02 | 33.59% |
| 2014-01-31 | 32.82% |
| 2013-11-01 | 31.95% |
| 2013-08-02 | 24.22% |
| 2013-05-03 | 22.42% |
| 2013-01-31 | 22.08% |
| 2012-10-31 | 22.14% |
| 2012-07-31 | 23.30% |
| 2012-04-30 | 29.76% |
| 2012-01-31 | 27.78% |
| 2011-10-31 | 28.66% |
| 2011-07-31 | 30.30% |
| 2011-04-30 | 29.94% |
| 2011-01-31 | 29.76% |
| 2010-10-31 | 19.93% |
| 2010-07-31 | 21.36% |
| 2010-04-30 | 21.31% |
| 2010-01-31 | 20.89% |
| 2009-10-31 | 20.45% |
| 2009-07-31 | 21.67% |
| 2009-04-30 | 21.72% |
| 2009-01-31 | 22.11% |
| 2008-10-31 | 22.17% |
| 2008-07-31 | 23.33% |
| 2008-04-30 | 23.75% |
| 2008-01-31 | 24.65% |
| 2007-10-31 | 25.63% |
| 2007-07-31 | 27.02% |
| 2007-04-30 | 27.81% |
| 2007-01-31 | 26.94% |
| 2006-10-31 | 18.07% |
| 2006-07-31 | 22.76% |
| 2006-04-30 | 0.00% |
| 2006-01-31 | 21.91% |
