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 51.52% is in line with its 5-year average of 48.71%, near the high end of its 5-year range (42.91%–51.52%).
As of the fiscal period ended Tuesday, March 31, 2026. 1.08% above its 12-month average of 50.97%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
51.52%
DEBT TO ASSETS RATIO AVG TTM
50.97%
DEBT TO ASSETS RATIO AVG 3Y
49.99%
DEBT TO ASSETS RATIO AVG 5Y
49.31%
DEBT TO ASSETS RATIO AVG 10Y
44.25%
DEBT TO ASSETS RATIO AVG 15Y
41.87%
DEBT TO ASSETS RATIO AVG 20Y
41.08%
CURRENT VS TTM AVG
+1.08%
CURRENT VS 3Y AVG
+3.05%
CURRENT VS 5Y AVG
+4.48%
CURRENT VS 10Y AVG
+16.44%
CURRENT VS 15Y AVG
+23.04%
CURRENT VS 20Y AVG
+25.42%
SECTOR MEDIAN · REAL ESTATE
0.45%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+11348.32%
vs the sector median at left
NNN REIT, Inc.
Market Cap
$9.04B
Debt to Assets Ratio
51.52%
TTM Avg
50.97%
3Y Avg
49.99%
5Y Avg
49.31%
Market Cap
$8.97B
Debt to Assets Ratio
0.37%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$9.34B
Debt to Assets Ratio
0.34%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$8.73B
Debt to Assets Ratio
0.45%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$7.62B
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$10.72B
Debt to Assets Ratio
0.55%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$11.14B
Debt to Assets Ratio
0.43%
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) | $9.04B | 51.52% | 50.97% | 49.99% | 49.31% |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $8.97B | 0.37% | N/A | N/A | N/A |
| Agree Realty Corporation (ADC)vs › | $9.34B | 0.34% | N/A | N/A | N/A |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.73B | 0.45% | N/A | N/A | N/A |
| CubeSmart (CUBE)vs › | $9.42B | 0.53% | N/A | N/A | N/A |
| Terreno Realty Corporation (TRNO)vs › | $7.62B | 0.18% | N/A | N/A | N/A |
| Federal Realty Investment Trust (FRT)vs › | $10.72B | 0.55% | N/A | N/A | N/A |
| Camden Property Trust (CPT)vs › | $11.14B | 0.43% | N/A | N/A | N/A |
| BXP, Inc. (BXP)vs › | $11.18B | 0.66% | N/A | N/A | N/A |
| CoStar Group, Inc. (CSGP)vs › | $11.65B | 0.11% | N/A | N/A | N/A |
Debt/Assets
51.5%
Debt/Equity
1.09
Current Ratio
0.19
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 |
|---|---|
| 2026-03-31 | 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% |
| 2002-06-30 | 42.23% |
