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 31.97% is 31% below its 1-year average of 46.57%, near the low end of its 1-year range (31.97%–73.12%).
As of the fiscal period ended Tuesday, June 30, 2026. 11.41% below its 12-month average of 36.09%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 31.97%.
DEBT TO ASSETS RATIO
31.97%
DEBT TO ASSETS RATIO AVG TTM
36.09%
DEBT TO ASSETS RATIO AVG 3Y
N/A
DEBT TO ASSETS RATIO AVG 5Y
N/A
DEBT TO ASSETS RATIO AVG 10Y
N/A
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-11.41%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
0.28%
median of 171 covered companies
CURRENT VS SECTOR MEDIAN
+11318.89%
vs the sector median at left
Legence Corp. Class A Common stock
Market Cap
$6.49B
Debt to Assets Ratio
31.97%
TTM Avg
36.09%
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$6.30B
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$7.10B
Debt to Assets Ratio
0.20%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$7.14B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Legence Corp. Class A Common stock (LGN) | $6.49B | 31.97% | 36.09% | N/A | N/A |
| Everus Construction Group, Inc. (ECG)vs › | $6.30B | 0.18% | N/A | N/A | N/A |
| AAON, Inc. (AAON)vs › | $6.82B | 0.25% | N/A | N/A | N/A |
| Fluor Corporation (FLR)vs › | $6.97B | 0.14% | N/A | N/A | N/A |
| Matson, Inc. (MATX)vs › | $6.99B | 0.15% | N/A | N/A | N/A |
| Pool Corporation (POOL)vs › | $5.88B | 0.45% | N/A | N/A | N/A |
| Federal Signal Corporation (FSS)vs › | $7.10B | 0.20% | N/A | N/A | N/A |
| AeroVironment, Inc. (AVAV)vs › | $7.13B | 0.15% | N/A | N/A | N/A |
| Powell Industries, Inc. (POWL)vs › | $7.14B | 0.00% | N/A | N/A | N/A |
| Planet Labs PBC (PL)vs › | $5.83B | 0.31% | N/A | N/A | N/A |
Debt/Assets
32.0%
Debt/Equity
1.99
Current Ratio
1.35
Interest Coverage
0.9x
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 | 31.97% |
| 2026-03-31 | 33.81% |
| 2025-12-31 | 35.61% |
| 2025-09-30 | 36.21% |
| 2025-06-30 | 42.85% |
| 2025-03-31 | 73.12% |
| 2024-12-31 | 72.43% |
