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 29.78% is in line with its 5-year average of 32.96%, near the low end of its 5-year range (26.92%–40.20%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.58% below its 12-month average of 29.95%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
29.78%
DEBT TO ASSETS RATIO AVG TTM
29.95%
DEBT TO ASSETS RATIO AVG 3Y
30.63%
DEBT TO ASSETS RATIO AVG 5Y
32.96%
DEBT TO ASSETS RATIO AVG 10Y
31.58%
DEBT TO ASSETS RATIO AVG 15Y
31.00%
DEBT TO ASSETS RATIO AVG 20Y
32.81%
CURRENT VS TTM AVG
-0.58%
CURRENT VS 3Y AVG
-2.77%
CURRENT VS 5Y AVG
-9.65%
CURRENT VS 10Y AVG
-5.71%
CURRENT VS 15Y AVG
-3.93%
CURRENT VS 20Y AVG
-9.24%
SECTOR MEDIAN · BASIC MATERIALS
0.24%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+12309.06%
vs the sector median at left
Martin Marietta Materials, Inc.
Market Cap
$33.27B
Debt to Assets Ratio
29.78%
TTM Avg
29.95%
3Y Avg
30.63%
5Y Avg
32.96%
Market Cap
$36.74B
Debt to Assets Ratio
0.30%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$28.49B
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$38.25B
Debt to Assets Ratio
0.24%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$22.39B
Debt to Assets Ratio
0.27%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$21.19B
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 |
|---|---|---|---|---|---|
| Martin Marietta Materials, Inc. (MLM) | $33.27B | 29.78% | 29.95% | 30.63% | 32.96% |
| Nutrien Ltd. (NTR)vs › | $32.23B | 0.26% | N/A | N/A | N/A |
| Vulcan Materials Company (VMC)vs › | $36.74B | 0.30% | N/A | N/A | N/A |
| Carpenter Technology Corporation (CRS)vs › | $28.49B | 0.18% | N/A | N/A | N/A |
| Steel Dynamics, Inc. (STLD)vs › | $38.25B | 0.24% | N/A | N/A | N/A |
| PPG Industries, Inc. (PPG)vs › | $26.21B | 0.85% | N/A | N/A | N/A |
| International Paper Company (IP)vs › | $22.39B | 0.27% | N/A | N/A | N/A |
| Dow Inc. (DOW)vs › | $21.79B | 0.34% | N/A | N/A | N/A |
| Reliance Steel & Aluminum Co. (RS)vs › | $21.19B | 0.18% | N/A | N/A | N/A |
| International Flavors & Fragrances Inc. (IFF)vs › | $20.59B | 0.23% | N/A | N/A | N/A |
Debt/Assets
29.8%
Debt/Equity
0.55
Current Ratio
0.45
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 | 29.78% |
| 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% |
