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 29.61% is in line with its 5-year average of 32.66%, near the low end of its 5-year range (27.64%–39.59%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.83% above its 12-month average of 28.80%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
29.61%
DEBT TO ASSETS RATIO AVG TTM
28.80%
DEBT TO ASSETS RATIO AVG 3Y
32.27%
DEBT TO ASSETS RATIO AVG 5Y
32.66%
DEBT TO ASSETS RATIO AVG 10Y
32.64%
DEBT TO ASSETS RATIO AVG 15Y
31.58%
DEBT TO ASSETS RATIO AVG 20Y
30.06%
CURRENT VS TTM AVG
+2.83%
CURRENT VS 3Y AVG
-8.24%
CURRENT VS 5Y AVG
-9.31%
CURRENT VS 10Y AVG
-9.28%
CURRENT VS 15Y AVG
-6.23%
CURRENT VS 20Y AVG
-1.48%
SECTOR MEDIAN · INDUSTRIALS
0.28%
median of 128 covered companies
CURRENT VS SECTOR MEDIAN
+10476.35%
vs the sector median at left
MasTec, Inc.
Market Cap
$21.88B
Debt to Assets Ratio
29.61%
TTM Avg
28.80%
3Y Avg
32.27%
5Y Avg
32.66%
Market Cap
$23.02B
Debt to Assets Ratio
0.23%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$23.37B
Debt to Assets Ratio
0.11%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$25.22B
Debt to Assets Ratio
0.14%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$25.55B
Debt to Assets Ratio
0.22%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MasTec, Inc. (MTZ) | $21.88B | 29.61% | 28.80% | 32.27% | 32.66% |
| Snap-on Incorporated (SNA)vs › | $21.54B | 0.15% | N/A | N/A | N/A |
| Equifax Inc. (EFX)vs › | $21.45B | 0.46% | N/A | N/A | N/A |
| Southwest Airlines Co. (LUV)vs › | $23.02B | 0.23% | N/A | N/A | N/A |
| Expeditors International of Washington, Inc. (EXPD)vs › | $23.37B | 0.11% | N/A | N/A | N/A |
| XPO Logistics, Inc. (XPO)vs › | $23.72B | 0.48% | N/A | N/A | N/A |
| Veralto Corporation (VLTO)vs › | $23.97B | 0.39% | N/A | N/A | N/A |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.22B | 0.14% | N/A | N/A | N/A |
| Curtiss-Wright Corporation (CW)vs › | $25.55B | 0.22% | N/A | N/A | N/A |
| Rollins, Inc. (ROL)vs › | $18.16B | 0.33% | N/A | N/A | N/A |
Debt/Assets
29.6%
Debt/Equity
0.93
Current Ratio
1.40
Interest Coverage
3.8x
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 | 29.61% |
| 2026-03-31 | 28.92% |
| 2025-12-31 | 27.64% |
| 2025-09-30 | 28.57% |
| 2025-06-30 | 29.24% |
| 2025-03-31 | 29.70% |
| 2024-12-31 | 29.32% |
| 2024-09-30 | 31.19% |
| 2024-06-30 | 34.47% |
| 2024-03-31 | 36.06% |
| 2023-12-31 | 37.30% |
| 2023-09-30 | 37.95% |
| 2023-06-30 | 39.59% |
| 2023-03-31 | 38.64% |
| 2022-12-31 | 37.82% |
| 2022-09-30 | 33.15% |
| 2022-06-30 | 34.23% |
| 2022-03-31 | 30.99% |
| 2021-12-31 | 32.10% |
| 2021-09-30 | 28.57% |
| 2021-06-30 | 30.70% |
| 2021-03-31 | 27.15% |
| 2020-12-31 | 28.53% |
| 2020-09-30 | 28.90% |
| 2020-06-30 | 29.14% |
| 2020-03-31 | 33.57% |
| 2019-12-31 | 33.39% |
| 2019-09-30 | 32.09% |
| 2019-06-30 | 33.44% |
| 2019-03-31 | 38.18% |
| 2018-12-31 | 31.69% |
| 2018-09-30 | 35.63% |
| 2018-06-30 | 35.29% |
| 2018-03-31 | 34.42% |
| 2017-12-31 | 33.65% |
| 2017-09-30 | 32.44% |
| 2017-06-30 | 36.33% |
| 2017-03-31 | 30.68% |
| 2016-12-31 | 32.23% |
| 2016-09-30 | 31.63% |
| 2016-06-30 | 34.21% |
| 2016-03-31 | 33.91% |
| 2015-12-31 | 34.36% |
| 2015-09-30 | 36.28% |
| 2015-06-30 | 36.20% |
| 2015-03-31 | 34.33% |
| 2014-12-31 | 31.89% |
| 2014-09-30 | 33.43% |
| 2014-06-30 | 34.32% |
| 2014-03-31 | 29.68% |
| 2013-12-31 | 27.98% |
| 2013-09-30 | 28.20% |
| 2013-06-30 | 30.36% |
| 2013-03-31 | 28.91% |
| 2012-12-31 | 24.87% |
| 2012-09-30 | 20.63% |
| 2012-06-30 | 22.89% |
| 2012-03-31 | 22.28% |
| 2011-12-31 | 23.77% |
| 2011-09-30 | 21.68% |
| 2011-06-30 | 21.22% |
| 2011-03-31 | 24.83% |
| 2010-12-31 | 24.92% |
| 2010-09-30 | 31.36% |
| 2010-06-30 | 32.01% |
| 2010-03-31 | 34.25% |
| 2009-12-31 | 32.15% |
| 2009-09-30 | 28.70% |
| 2009-06-30 | 29.40% |
| 2009-03-31 | 27.29% |
| 2008-12-31 | 27.90% |
| 2008-09-30 | 23.07% |
| 2008-06-30 | 25.44% |
| 2008-03-31 | 23.75% |
| 2007-12-31 | 22.93% |
| 2007-09-30 | 23.14% |
| 2007-06-30 | 24.24% |
| 2007-03-31 | 24.28% |
| 2006-12-31 | 20.15% |
| 2006-09-30 | 19.40% |
| 2006-06-30 | 19.91% |
| 2006-03-31 | 18.50% |
| 2005-12-31 | 34.30% |
| 2005-09-30 | 32.20% |
| 2005-06-30 | 33.30% |
| 2005-03-31 | 33.54% |
| 2004-12-31 | 32.48% |
| 2004-09-30 | 33.38% |
| 2004-06-30 | 32.80% |
| 2004-03-31 | 34.41% |
| 2003-12-31 | 33.01% |
| 2003-09-30 | 31.92% |
| 2003-06-30 | 32.73% |
| 2003-03-31 | 33.30% |
| 2002-12-31 | 31.84% |
| 2002-09-30 | 27.80% |
