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 25.62% is in line with its 5-year average of 27.67%, near the low end of its 5-year range (22.44%–33.75%).
As of the fiscal period ended Friday, July 3, 2026. 6.20% below its 12-month average of 27.31%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-07-03): 25.62%.
DEBT TO ASSETS RATIO
25.62%
DEBT TO ASSETS RATIO AVG TTM
27.31%
DEBT TO ASSETS RATIO AVG 3Y
30.15%
DEBT TO ASSETS RATIO AVG 5Y
27.67%
DEBT TO ASSETS RATIO AVG 10Y
29.57%
DEBT TO ASSETS RATIO AVG 15Y
31.97%
DEBT TO ASSETS RATIO AVG 20Y
30.12%
CURRENT VS TTM AVG
-6.20%
CURRENT VS 3Y AVG
-15.04%
CURRENT VS 5Y AVG
-7.42%
CURRENT VS 10Y AVG
-13.36%
CURRENT VS 15Y AVG
-19.88%
CURRENT VS 20Y AVG
-14.97%
SECTOR MEDIAN · INDUSTRIALS
0.27%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+9566.42%
vs the sector median at left
L3Harris Technologies, Inc.
Market Cap
$45.72B
Debt to Assets Ratio
25.62%
TTM Avg
27.31%
3Y Avg
30.15%
5Y Avg
27.67%
Market Cap
$47.37B
Debt to Assets Ratio
0.33%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$47.67B
Debt to Assets Ratio
0.33%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$47.84B
Debt to Assets Ratio
0.30%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$42.50B
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$50.16B
Debt to Assets Ratio
0.82%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| L3Harris Technologies, Inc. (LHX) | $45.72B | 25.62% | 27.31% | 30.15% | 27.67% |
| HEICO Corporation (HEI-A)vs › | $45.31B | 0.26% | N/A | N/A | N/A |
| Carrier Global Corporation (CARR)vs › | $47.37B | 0.33% | N/A | N/A | N/A |
| HEICO Corporation (HEI)vs › | $44.03B | 0.26% | N/A | N/A | N/A |
| Rockwell Automation, Inc. (ROK)vs › | $47.67B | 0.33% | N/A | N/A | N/A |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $47.84B | 0.30% | N/A | N/A | N/A |
| Ferguson plc (FERG)vs › | $43.16B | 0.33% | N/A | N/A | N/A |
| Thomson Reuters Corporation (TRI)vs › | $42.50B | 0.18% | N/A | N/A | N/A |
| Honeywell Aerospace Inc (HONA)vs › | $50.16B | 0.82% | N/A | N/A | N/A |
| Paychex, Inc. (PAYX)vs › | $41.19B | 0.29% | N/A | N/A | N/A |
Debt/Assets
25.6%
Debt/Equity
0.53
Current Ratio
1.18
Interest Coverage
3.6x
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 |
|---|---|
| 2026-07-03 | 25.62% |
| 2026-04-03 | 27.45% |
| 2026-01-02 | 27.30% |
| 2025-10-03 | 28.87% |
| 2025-06-27 | 29.35% |
| 2025-03-28 | 29.70% |
| 2025-01-03 | 30.90% |
| 2024-09-27 | 30.82% |
| 2024-06-28 | 31.81% |
| 2024-03-29 | 32.78% |
| 2023-12-29 | 33.46% |
| 2023-09-29 | 33.75% |
| 2023-06-30 | 26.93% |
| 2023-03-31 | 27.51% |
| 2022-12-30 | 23.23% |
| 2022-09-30 | 23.30% |
| 2022-07-01 | 22.85% |
| 2022-04-01 | 22.75% |
| 2021-12-31 | 22.56% |
| 2021-10-01 | 22.44% |
| 2021-07-02 | 21.48% |
| 2021-04-02 | 21.36% |
| 2021-01-01 | 20.80% |
| 2020-10-02 | 20.64% |
| 2020-07-03 | 20.38% |
| 2020-04-03 | 20.79% |
| 2019-12-31 | 20.18% |
| 2019-09-27 | 20.02% |
| 2019-06-28 | 34.81% |
| 2019-03-29 | 35.96% |
| 2018-12-28 | 38.76% |
| 2018-09-28 | 40.54% |
| 2018-06-29 | 38.47% |
| 2018-03-30 | 41.90% |
| 2017-12-29 | 39.76% |
| 2017-09-29 | 39.58% |
| 2017-06-30 | 39.94% |
| 2017-03-31 | 37.93% |
| 2016-12-30 | 37.87% |
| 2016-09-30 | 38.09% |
| 2016-07-01 | 37.61% |
| 2016-04-01 | 40.28% |
| 2016-01-01 | 37.61% |
| 2015-10-02 | 40.44% |
| 2015-07-03 | 39.73% |
| 2015-04-03 | 33.16% |
| 2015-01-02 | 34.41% |
| 2014-09-26 | 33.69% |
| 2014-06-27 | 33.01% |
| 2014-03-28 | 33.45% |
| 2013-12-27 | 34.31% |
| 2013-09-27 | 34.94% |
| 2013-06-28 | 35.71% |
| 2013-03-29 | 37.92% |
| 2012-12-28 | 36.82% |
| 2012-09-28 | 36.94% |
| 2012-06-29 | 36.60% |
| 2012-03-30 | 39.61% |
| 2011-12-30 | 39.43% |
| 2011-09-30 | 40.00% |
| 2011-07-01 | 33.57% |
| 2011-04-01 | 34.39% |
| 2010-12-31 | 33.65% |
| 2010-10-01 | 27.89% |
| 2010-07-02 | 25.45% |
| 2010-04-02 | 25.44% |
| 2010-01-01 | 26.99% |
| 2009-10-02 | 27.39% |
| 2009-07-03 | 28.75% |
| 2009-04-03 | 19.55% |
| 2009-01-02 | 19.83% |
| 2008-09-26 | 19.58% |
| 2008-06-27 | 17.91% |
| 2008-03-28 | 19.75% |
| 2007-12-28 | 21.82% |
| 2007-09-28 | 21.93% |
| 2007-06-29 | 25.62% |
| 2007-03-30 | 18.53% |
| 2006-12-29 | 21.62% |
| 2006-09-29 | 21.94% |
| 2006-06-30 | 22.31% |
| 2006-03-31 | 23.29% |
| 2005-12-30 | 24.56% |
| 2005-09-30 | 25.08% |
| 2005-07-01 | 16.51% |
| 2005-04-01 | 17.01% |
| 2004-12-31 | 17.44% |
| 2004-10-01 | 18.38% |
| 2004-07-02 | 18.48% |
| 2004-04-02 | 18.64% |
| 2004-01-02 | 19.31% |
| 2003-09-26 | 20.30% |
| 2003-06-27 | 20.89% |
| 2003-03-28 | 20.37% |
| 2002-12-27 | 20.69% |
| 2002-09-27 | 21.15% |