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 27.93% is 15% below its 5-year average of 32.87%, near the low end of its 5-year range (26.92%–40.20%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.59% below its 12-month average of 29.58%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 27.93%.
DEBT TO ASSETS RATIO
27.93%
DEBT TO ASSETS RATIO AVG TTM
29.58%
DEBT TO ASSETS RATIO AVG 3Y
30.49%
DEBT TO ASSETS RATIO AVG 5Y
32.87%
DEBT TO ASSETS RATIO AVG 10Y
31.54%
DEBT TO ASSETS RATIO AVG 15Y
30.97%
DEBT TO ASSETS RATIO AVG 20Y
32.79%
CURRENT VS TTM AVG
-5.59%
CURRENT VS 3Y AVG
-8.38%
CURRENT VS 5Y AVG
-15.03%
CURRENT VS 10Y AVG
-11.44%
CURRENT VS 15Y AVG
-9.81%
CURRENT VS 20Y AVG
-14.82%
SECTOR MEDIAN · BASIC MATERIALS
0.24%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+11538.50%
vs the sector median at left
Martin Marietta Materials, Inc.
Market Cap
$29.47B
Debt to Assets Ratio
27.93%
TTM Avg
29.58%
3Y Avg
30.49%
5Y Avg
32.87%
Market Cap
$31.21B
Debt to Assets Ratio
0.30%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$31.65B
Debt to Assets Ratio
0.20%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$33.72B
Debt to Assets Ratio
0.24%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$21.18B
Debt to Assets Ratio
0.25%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Martin Marietta Materials, Inc. (MLM) | $29.47B | 27.93% | 29.58% | 30.49% | 32.87% |
| Vulcan Materials Company (VMC)vs › | $31.21B | 0.30% | N/A | N/A | N/A |
| Teck Resources Limited (TECK)vs › | $31.65B | 0.20% | N/A | N/A | N/A |
| Steel Dynamics, Inc. (STLD)vs › | $33.72B | 0.24% | N/A | N/A | N/A |
| PPG Industries, Inc. (PPG)vs › | $23.23B | 0.33% | N/A | N/A | N/A |
| Nutrien Ltd. (NTR)vs › | $37.01B | 0.24% | N/A | N/A | N/A |
| Royal Gold, Inc. (RGLD)vs › | $21.19B | 0.04% | N/A | N/A | N/A |
| International Flavors & Fragrances Inc. (IFF)vs › | $21.18B | 0.25% | N/A | N/A | N/A |
| Dow Inc. (DOW)vs › | $20.75B | 0.34% | N/A | N/A | N/A |
| Coeur Mining, Inc. (CDE)vs › | $20.36B | 0.05% | N/A | N/A | N/A |
Debt/Assets
27.9%
Debt/Equity
0.52
Current Ratio
1.40
Interest Coverage
6.7x
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 | 27.93% |
| 2026-03-31 | 27.75% |
| 2025-12-31 | 28.45% |
| 2025-09-30 | 31.65% |
| 2025-06-30 | 32.15% |
| 2025-03-31 | 32.76% |
| 2024-12-31 | 31.94% |
| 2024-09-30 | 26.92% |
| 2024-06-30 | 29.03% |
| 2024-03-31 | 29.21% |
| 2023-12-31 | 31.25% |
| 2023-09-30 | 31.68% |
| 2023-06-30 | 35.64% |
| 2023-03-31 | 36.48% |
| 2022-12-31 | 36.20% |
| 2022-09-30 | 36.95% |
| 2022-06-30 | 37.51% |
| 2022-03-31 | 38.75% |
| 2021-12-31 | 38.45% |
| 2021-09-30 | 40.20% |
| 2021-06-30 | 29.46% |
| 2021-03-31 | 28.83% |
| 2020-12-31 | 29.15% |
| 2020-09-30 | 29.70% |
| 2020-06-30 | 31.55% |
| 2020-03-31 | 35.66% |
| 2019-12-31 | 32.18% |
| 2019-09-30 | 33.37% |
| 2019-06-30 | 35.49% |
| 2019-03-31 | 36.41% |
| 2018-12-31 | 32.67% |
| 2018-09-30 | 33.48% |
| 2018-06-30 | 33.54% |
| 2018-03-31 | 33.84% |
| 2017-12-31 | 33.66% |
| 2017-09-30 | 22.78% |
| 2017-06-30 | 23.76% |
| 2017-03-31 | 24.97% |
| 2016-12-31 | 23.10% |
| 2016-09-30 | 23.94% |
| 2016-06-30 | 24.70% |
| 2016-03-31 | 24.83% |
| 2015-12-31 | 22.69% |
| 2015-09-30 | 22.92% |
| 2015-06-30 | 22.11% |
| 2015-03-31 | 21.31% |
| 2014-12-31 | 21.96% |
| 2014-09-30 | 22.05% |
| 2014-06-30 | 32.32% |
| 2014-03-31 | 32.81% |
| 2013-12-31 | 31.70% |
| 2013-09-30 | 33.68% |
| 2013-06-30 | 33.84% |
| 2013-03-31 | 34.19% |
| 2012-12-31 | 33.15% |
| 2012-09-30 | 33.88% |
| 2012-06-30 | 35.57% |
| 2012-03-31 | 35.72% |
| 2011-12-31 | 33.68% |
| 2011-09-30 | 33.10% |
| 2011-06-30 | 34.49% |
| 2011-03-31 | 36.42% |
| 2010-12-31 | 33.59% |
| 2010-09-30 | 33.09% |
| 2010-06-30 | 34.22% |
| 2010-03-31 | 38.57% |
| 2009-12-31 | 38.63% |
| 2009-09-30 | 39.13% |
| 2009-06-30 | 40.02% |
| 2009-03-31 | 41.14% |
| 2008-12-31 | 44.83% |
| 2008-09-30 | 44.45% |
| 2008-06-30 | 47.04% |
| 2008-03-31 | 43.51% |
| 2007-12-31 | 42.13% |
| 2007-09-30 | 41.47% |
| 2007-06-30 | 44.33% |
| 2007-03-31 | 37.75% |
| 2006-12-31 | 28.47% |
| 2006-09-30 | 28.71% |
| 2006-06-30 | 29.36% |
| 2006-03-31 | 29.48% |
| 2005-12-31 | 29.48% |
| 2005-09-30 | 29.27% |
| 2005-06-30 | 29.82% |
| 2005-03-31 | 30.55% |
| 2004-12-31 | 30.74% |
| 2004-09-30 | 30.22% |
| 2004-06-30 | 30.88% |
| 2004-03-31 | 32.29% |
| 2003-12-31 | 30.96% |
| 2003-09-30 | 30.93% |
| 2003-06-30 | 32.78% |
| 2003-03-31 | 33.84% |
| 2002-12-31 | 32.77% |
| 2002-09-30 | 33.73% |
