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 34.59% is in line with its 5-year average of 34.58%, around the middle of its 5-year range (30.31%–37.79%).
As of the fiscal period ended Tuesday, March 31, 2026. 2.97% below its 12-month average of 35.65%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
34.59%
DEBT TO ASSETS RATIO AVG TTM
35.65%
DEBT TO ASSETS RATIO AVG 3Y
36.32%
DEBT TO ASSETS RATIO AVG 5Y
34.58%
DEBT TO ASSETS RATIO AVG 10Y
36.39%
DEBT TO ASSETS RATIO AVG 15Y
34.28%
DEBT TO ASSETS RATIO AVG 20Y
33.00%
CURRENT VS TTM AVG
-2.97%
CURRENT VS 3Y AVG
-4.77%
CURRENT VS 5Y AVG
+0.02%
CURRENT VS 10Y AVG
-4.95%
CURRENT VS 15Y AVG
+0.88%
CURRENT VS 20Y AVG
+4.80%
SECTOR MEDIAN · CONSUMER CYCLICAL
0.40%
median of 86 covered companies
CURRENT VS SECTOR MEDIAN
+8546.54%
vs the sector median at left
LKQ Corporation
Market Cap
$6.73B
Debt to Assets Ratio
34.59%
TTM Avg
35.65%
3Y Avg
36.32%
5Y Avg
34.58%
Market Cap
$6.92B
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| LKQ Corporation (LKQ) | $6.73B | 34.59% | 35.65% | 36.32% | 34.58% |
| Crocs, Inc. (CROX)vs › | $6.61B | 0.39% | N/A | N/A | N/A |
| Mohawk Industries, Inc. (MHK)vs › | $6.92B | 0.18% | N/A | N/A | N/A |
| Macy's, Inc. (M)vs › | $6.35B | 0.32% | N/A | N/A | N/A |
| The Gap, Inc. (GAP)vs › | $7.20B | 0.44% | N/A | N/A | N/A |
| CAVA Group, Inc. (CAVA)vs › | $7.55B | 0.34% | N/A | N/A | N/A |
| Vail Resorts, Inc. (MTN)vs › | $5.66B | 0.60% | N/A | N/A | N/A |
| Etsy, Inc. (ETSY)vs › | $8.07B | 1.09% | N/A | N/A | N/A |
| CarMax, Inc. (KMX)vs › | $8.53B | 0.67% | N/A | N/A | N/A |
| Abercrombie & Fitch Co. (ANF)vs › | $4.48B | 0.33% | N/A | N/A | N/A |
Debt/Assets
34.6%
Debt/Equity
0.77
Current Ratio
1.67
Interest Coverage
4.8x
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 |
|---|---|
| 2026-03-31 | 34.59% |
| 2025-12-31 | 33.43% |
| 2025-09-30 | 35.29% |
| 2025-06-30 | 37.14% |
| 2025-03-31 | 37.79% |
| 2024-12-31 | 37.51% |
| 2024-09-30 | 37.31% |
| 2024-06-30 | 37.56% |
| 2024-03-31 | 36.76% |
| 2023-12-31 | 37.39% |
| 2023-09-30 | 37.52% |
| 2023-06-30 | 37.65% |
| 2023-03-31 | 32.21% |
| 2022-12-31 | 32.69% |
| 2022-09-30 | 31.60% |
| 2022-06-30 | 30.34% |
| 2022-03-31 | 31.80% |
| 2021-12-31 | 33.51% |
| 2021-09-30 | 30.31% |
| 2021-06-30 | 31.10% |
| 2021-03-31 | 32.62% |
| 2020-12-31 | 34.71% |
| 2020-09-30 | 36.58% |
| 2020-06-30 | 38.05% |
| 2020-03-31 | 41.18% |
| 2019-12-31 | 42.26% |
| 2019-09-30 | 42.06% |
| 2019-06-30 | 42.46% |
| 2019-03-31 | 43.86% |
| 2018-12-31 | 37.83% |
| 2018-09-30 | 37.71% |
| 2018-06-30 | 38.43% |
| 2018-03-31 | 34.38% |
| 2017-12-31 | 36.34% |
| 2017-09-30 | 35.52% |
| 2017-06-30 | 35.44% |
| 2017-03-31 | 37.25% |
| 2016-12-31 | 40.25% |
| 2016-09-30 | 39.79% |
| 2016-06-30 | 40.75% |
| 2016-03-31 | 38.31% |
| 2015-12-31 | 28.06% |
| 2015-09-30 | 28.18% |
| 2015-06-30 | 30.02% |
| 2015-03-31 | 31.41% |
| 2014-12-31 | 33.45% |
| 2014-09-30 | 34.29% |
| 2014-06-30 | 35.49% |
| 2014-03-31 | 33.22% |
| 2013-12-31 | 28.90% |
| 2013-09-30 | 30.09% |
| 2013-06-30 | 32.63% |
| 2013-03-31 | 28.68% |
| 2012-12-31 | 30.04% |
| 2012-09-30 | 28.03% |
| 2012-06-30 | 29.21% |
| 2012-03-31 | 27.50% |
| 2011-12-31 | 29.88% |
| 2011-09-30 | 24.93% |
| 2011-06-30 | 24.25% |
| 2011-03-31 | 23.74% |
| 2010-12-31 | 26.13% |
| 2010-09-30 | 27.09% |
| 2010-06-30 | 27.90% |
| 2010-03-31 | 28.28% |
| 2009-12-31 | 29.85% |
| 2009-09-30 | 31.87% |
| 2009-06-30 | 32.63% |
| 2009-03-31 | 33.45% |
| 2008-12-31 | 34.16% |
| 2008-09-30 | 33.71% |
| 2008-06-30 | 36.38% |
| 2008-03-31 | 37.38% |
| 2007-12-31 | 38.90% |
| 2007-09-30 | 1.38% |
| 2007-06-30 | 21.47% |
| 2007-03-31 | 19.26% |
| 2006-12-31 | 17.80% |
| 2006-09-30 | 19.68% |
| 2006-06-30 | 20.00% |
| 2006-03-31 | 16.62% |
| 2005-12-31 | 10.80% |
| 2005-09-30 | 16.51% |
| 2005-06-30 | 17.57% |
| 2005-03-31 | 18.91% |
| 2004-12-31 | 17.44% |
| 2004-09-30 | 13.79% |
| 2004-06-30 | 16.04% |
| 2004-03-31 | 13.70% |
| 2003-12-31 | 1.97% |
| 2003-09-30 | 26.54% |
| 2003-06-30 | 29.35% |
| 2002-12-31 | 19.35% |