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 52.06% is in line with its 5-year average of 49.45%, near the high end of its 5-year range (43.13%–52.06%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.24% above its 12-month average of 51.42%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 52.06%.
DEBT TO ASSETS RATIO
52.06%
DEBT TO ASSETS RATIO AVG TTM
51.42%
DEBT TO ASSETS RATIO AVG 3Y
50.30%
DEBT TO ASSETS RATIO AVG 5Y
49.45%
DEBT TO ASSETS RATIO AVG 10Y
44.65%
DEBT TO ASSETS RATIO AVG 15Y
42.03%
DEBT TO ASSETS RATIO AVG 20Y
41.18%
CURRENT VS TTM AVG
+1.24%
CURRENT VS 3Y AVG
+3.51%
CURRENT VS 5Y AVG
+5.29%
CURRENT VS 10Y AVG
+16.60%
CURRENT VS 15Y AVG
+23.86%
CURRENT VS 20Y AVG
+26.42%
SECTOR MEDIAN · REAL ESTATE
0.44%
median of 41 covered companies
CURRENT VS SECTOR MEDIAN
+11732.10%
vs the sector median at left
NNN REIT, Inc.
Market Cap
$8.22B
Debt to Assets Ratio
52.06%
TTM Avg
51.42%
3Y Avg
50.30%
5Y Avg
49.45%
Market Cap
$8.14B
Debt to Assets Ratio
0.45%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$8.42B
Debt to Assets Ratio
0.37%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$9.22B
Debt to Assets Ratio
0.37%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$6.94B
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$9.84B
Debt to Assets Ratio
0.54%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$10.34B
Debt to Assets Ratio
0.51%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NNN REIT, Inc. (NNN) | $8.22B | 52.06% | 51.42% | 50.30% | 49.45% |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.14B | 0.45% | N/A | N/A | N/A |
| Agree Realty Corporation (ADC)vs › | $8.42B | 0.37% | N/A | N/A | N/A |
| CubeSmart (CUBE)vs › | $9.04B | 0.54% | N/A | N/A | N/A |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $9.22B | 0.37% | N/A | N/A | N/A |
| Terreno Realty Corporation (TRNO)vs › | $6.94B | 0.18% | N/A | N/A | N/A |
| Federal Realty Investment Trust (FRT)vs › | $9.84B | 0.54% | N/A | N/A | N/A |
| BXP, Inc. (BXP)vs › | $10.18B | 0.65% | N/A | N/A | N/A |
| Camden Property Trust (CPT)vs › | $10.34B | 0.51% | N/A | N/A | N/A |
| UDR, Inc. (UDR)vs › | $11.22B | 0.58% | N/A | N/A | N/A |
Debt/Assets
52.1%
Debt/Equity
1.12
Current Ratio
0.66
Interest Coverage
2.8x
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 | 52.06% |
| 2026-03-31 | 51.52% |
| 2025-12-31 | 51.39% |
| 2025-09-30 | 51.38% |
| 2025-06-30 | 50.77% |
| 2025-03-31 | 49.79% |
| 2024-12-31 | 49.29% |
| 2024-09-30 | 49.00% |
| 2024-06-30 | 50.22% |
| 2024-03-31 | 49.92% |
| 2023-12-31 | 50.34% |
| 2023-09-30 | 49.38% |
| 2023-06-30 | 48.82% |
| 2023-03-31 | 48.07% |
| 2022-12-31 | 48.07% |
| 2022-09-30 | 47.74% |
| 2022-06-30 | 48.54% |
| 2022-03-31 | 48.22% |
| 2021-12-31 | 48.33% |
| 2021-09-30 | 46.06% |
| 2021-06-30 | 43.13% |
| 2021-03-31 | 42.91% |
| 2020-12-31 | 42.17% |
| 2020-09-30 | 42.18% |
| 2020-06-30 | 42.18% |
| 2020-03-31 | 42.09% |
| 2019-12-31 | 40.19% |
| 2019-09-30 | 37.42% |
| 2019-06-30 | 40.21% |
| 2019-03-31 | 39.96% |
| 2018-12-31 | 40.14% |
| 2018-09-30 | 42.78% |
| 2018-06-30 | 38.96% |
| 2018-03-31 | 39.59% |
| 2017-12-31 | 39.33% |
| 2017-09-30 | 40.88% |
| 2017-06-30 | 39.90% |
| 2017-03-31 | 37.82% |
| 2016-12-31 | 36.50% |
| 2016-09-30 | 36.80% |
| 2016-06-30 | 36.60% |
| 2016-03-31 | 35.47% |
| 2015-12-31 | 36.19% |
| 2015-09-30 | 37.81% |
| 2015-06-30 | 36.40% |
| 2015-03-31 | 35.51% |
| 2014-12-31 | 35.34% |
| 2014-09-30 | 38.24% |
| 2014-06-30 | 37.05% |
| 2014-03-31 | 35.75% |
| 2013-12-31 | 35.25% |
| 2013-09-30 | 34.34% |
| 2013-06-30 | 37.57% |
| 2013-03-31 | 36.43% |
| 2012-12-31 | 39.79% |
| 2012-09-30 | 39.01% |
| 2012-06-30 | 37.11% |
| 2012-03-31 | 36.00% |
| 2011-12-31 | 36.41% |
| 2011-09-30 | 39.70% |
| 2011-06-30 | 34.01% |
| 2011-03-31 | 42.06% |
| 2010-12-31 | 34.95% |
| 2010-09-30 | 38.64% |
| 2010-06-30 | 37.30% |
| 2010-03-31 | 38.21% |
| 2009-12-31 | 37.13% |
| 2009-09-30 | 37.19% |
| 2009-06-30 | 38.16% |
| 2009-03-31 | 38.23% |
| 2008-12-31 | 38.75% |
| 2008-09-30 | 38.87% |
| 2008-06-30 | 38.37% |
| 2008-03-31 | 38.49% |
| 2007-12-31 | 35.58% |
| 2007-09-30 | 41.05% |
| 2007-06-30 | 32.06% |
| 2007-03-31 | 37.67% |
| 2006-12-31 | 40.52% |
| 2006-09-30 | 45.60% |
| 2006-06-30 | 42.84% |
| 2006-03-31 | 43.50% |
| 2005-12-31 | 49.67% |
| 2005-09-30 | 43.41% |
| 2005-06-30 | 41.96% |
| 2005-03-31 | 40.63% |
| 2004-12-31 | 40.32% |
| 2004-09-30 | 40.06% |
| 2004-06-30 | 41.40% |
| 2004-03-31 | 39.30% |
| 2003-12-31 | 38.49% |
| 2003-09-30 | 40.94% |
| 2003-06-30 | 44.26% |
| 2003-03-31 | 42.15% |
| 2002-12-31 | 40.31% |
| 2002-09-30 | 42.03% |