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 44.55% is 20% below its 5-year average of 55.98%, near the low end of its 5-year range (34.38%–74.38%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.47% above its 12-month average of 43.47%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 44.55%.
DEBT TO ASSETS RATIO
44.55%
DEBT TO ASSETS RATIO AVG TTM
43.47%
DEBT TO ASSETS RATIO AVG 3Y
48.04%
DEBT TO ASSETS RATIO AVG 5Y
55.98%
DEBT TO ASSETS RATIO AVG 10Y
58.78%
DEBT TO ASSETS RATIO AVG 15Y
51.10%
DEBT TO ASSETS RATIO AVG 20Y
42.57%
CURRENT VS TTM AVG
+2.47%
CURRENT VS 3Y AVG
-7.28%
CURRENT VS 5Y AVG
-20.42%
CURRENT VS 10Y AVG
-24.21%
CURRENT VS 15Y AVG
-12.82%
CURRENT VS 20Y AVG
+4.64%
SECTOR MEDIAN · INDUSTRIALS
0.27%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+16710.51%
vs the sector median at left
Lennox International Inc.
Market Cap
$12.65B
Debt to Assets Ratio
44.55%
TTM Avg
43.47%
3Y Avg
48.04%
5Y Avg
55.98%
Market Cap
$11.97B
Debt to Assets Ratio
0.16%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$13.48B
Debt to Assets Ratio
0.24%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$13.75B
Debt to Assets Ratio
0.46%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lennox International Inc. (LII) | $12.65B | 44.55% | 43.47% | 48.04% | 55.98% |
| Graco Inc. (GGG)vs › | $12.42B | 0.01% | N/A | N/A | N/A |
| Watsco, Inc. (WSO)vs › | $12.94B | 0.11% | N/A | N/A | N/A |
| Allegion plc (ALLE)vs › | $13.04B | 0.38% | N/A | N/A | N/A |
| Applied Industrial Technologies, Inc. (AIT)vs › | $11.97B | 0.16% | N/A | N/A | N/A |
| Stanley Black & Decker, Inc. (SWK)vs › | $13.48B | 0.24% | N/A | N/A | N/A |
| Crane Company (CR)vs › | $11.65B | 0.28% | N/A | N/A | N/A |
| BWX Technologies, Inc. (BWXT)vs › | $13.75B | 0.46% | N/A | N/A | N/A |
| Textron Inc. (TXT)vs › | $13.93B | 0.23% | N/A | N/A | N/A |
| Huntington Ingalls Industries, Inc. (HII)vs › | $11.02B | 0.23% | N/A | N/A | N/A |
Debt/Assets
44.5%
Debt/Equity
1.56
Current Ratio
1.57
Interest Coverage
24.8x
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 | 44.55% |
| 2026-03-31 | 45.54% |
| 2025-12-31 | 50.57% |
| 2025-09-30 | 34.38% |
| 2025-06-30 | 42.32% |
| 2025-03-31 | 43.12% |
| 2024-12-31 | 42.88% |
| 2024-09-30 | 42.95% |
| 2024-06-30 | 48.72% |
| 2024-03-31 | 55.51% |
| 2023-12-31 | 54.58% |
| 2023-09-30 | 59.03% |
| 2023-06-30 | 60.44% |
| 2023-03-31 | 68.25% |
| 2022-12-31 | 68.15% |
| 2022-09-30 | 68.91% |
| 2022-06-30 | 71.55% |
| 2022-03-31 | 74.38% |
| 2021-12-31 | 66.19% |
| 2021-09-30 | 68.69% |
| 2021-06-30 | 64.83% |
| 2021-03-31 | 65.85% |
| 2020-12-31 | 57.98% |
| 2020-09-30 | 61.19% |
| 2020-06-30 | 73.94% |
| 2020-03-31 | 76.47% |
| 2019-12-31 | 66.58% |
| 2019-09-30 | 73.40% |
| 2019-06-30 | 69.82% |
| 2019-03-31 | 69.68% |
| 2018-12-31 | 57.30% |
| 2018-09-30 | 58.92% |
| 2018-06-30 | 64.43% |
| 2018-03-31 | 61.79% |
| 2017-12-31 | 53.08% |
| 2017-09-30 | 54.68% |
| 2017-06-30 | 55.41% |
| 2017-03-31 | 56.55% |
| 2016-12-31 | 49.32% |
| 2016-09-30 | 54.81% |
| 2016-06-30 | 53.12% |
| 2016-03-31 | 59.08% |
| 2015-12-31 | 44.27% |
| 2015-09-30 | 48.79% |
| 2015-06-30 | 52.09% |
| 2015-03-31 | 57.77% |
| 2014-12-31 | 52.46% |
| 2014-09-30 | 31.76% |
| 2014-06-30 | 30.80% |
| 2014-03-31 | 31.56% |
| 2013-12-31 | 24.61% |
| 2013-09-30 | 24.77% |
| 2013-06-30 | 29.04% |
| 2013-03-31 | 30.13% |
| 2012-12-31 | 22.85% |
| 2012-09-30 | 26.82% |
| 2012-06-30 | 28.01% |
| 2012-03-31 | 29.25% |
| 2011-12-31 | 27.27% |
| 2011-09-30 | 27.24% |
| 2011-06-30 | 28.62% |
| 2011-03-31 | 28.50% |
| 2010-12-31 | 18.85% |
| 2010-09-30 | 21.86% |
| 2010-06-30 | 21.37% |
| 2010-03-31 | 18.31% |
| 2009-12-31 | 14.99% |
| 2009-09-30 | 12.87% |
| 2009-06-30 | 19.98% |
| 2009-03-31 | 25.34% |
| 2008-12-31 | 25.33% |
| 2008-09-30 | 21.43% |
| 2008-06-30 | 24.30% |
| 2008-03-31 | 21.36% |
| 2007-12-31 | 11.46% |
| 2007-09-30 | 8.30% |
| 2007-06-30 | 9.08% |
| 2007-03-31 | 8.11% |
| 2006-12-31 | 6.35% |
| 2006-09-30 | 6.36% |
| 2006-06-30 | 7.22% |
| 2006-03-31 | 6.95% |
| 2005-12-31 | 6.93% |
| 2005-09-30 | 13.58% |
| 2005-06-30 | 17.20% |
| 2005-03-31 | 20.01% |
| 2004-12-31 | 20.45% |
| 2004-09-30 | 20.47% |
| 2004-06-30 | 20.55% |
| 2004-03-31 | 23.87% |
| 2003-12-31 | 20.98% |
| 2003-09-30 | 21.66% |
| 2003-06-30 | 23.15% |
| 2003-03-31 | 24.38% |
| 2002-12-31 | 24.96% |
| 2002-09-30 | 25.93% |
