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 0.35% is 79% below its 5-year average of 1.69%, near the low end of its 5-year range (0.35%–3.06%).
As of the fiscal period ended Tuesday, June 30, 2026. 78.71% below its 12-month average of 1.64%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
0.35%
DEBT TO ASSETS RATIO AVG TTM
1.64%
DEBT TO ASSETS RATIO AVG 3Y
1.26%
DEBT TO ASSETS RATIO AVG 5Y
1.69%
DEBT TO ASSETS RATIO AVG 10Y
1.93%
DEBT TO ASSETS RATIO AVG 15Y
4.54%
DEBT TO ASSETS RATIO AVG 20Y
10.34%
CURRENT VS TTM AVG
-78.71%
CURRENT VS 3Y AVG
-72.42%
CURRENT VS 5Y AVG
-79.31%
CURRENT VS 10Y AVG
-81.90%
CURRENT VS 15Y AVG
-92.32%
CURRENT VS 20Y AVG
-96.63%
SECTOR MEDIAN · INDUSTRIALS
0.27%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+31.57%
vs the sector median at left
Old Dominion Freight Line, Inc.
Market Cap
$38.90B
Debt to Assets Ratio
0.35%
TTM Avg
1.64%
3Y Avg
1.26%
5Y Avg
1.69%
Market Cap
$38.24B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$40.53B
Debt to Assets Ratio
0.25%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$41.02B
Debt to Assets Ratio
0.45%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$35.49B
Debt to Assets Ratio
0.40%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$43.12B
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 |
|---|---|---|---|---|---|
| Old Dominion Freight Line, Inc. (ODFL) | $38.90B | 0.35% | 1.64% | 1.26% | 1.69% |
| Rocket Lab USA, Inc. (RKLB)vs › | $38.24B | 0.03% | N/A | N/A | N/A |
| Axon Enterprise, Inc. (AXON)vs › | $40.53B | 0.25% | N/A | N/A | N/A |
| Waste Connections, Inc. (WCN)vs › | $41.02B | 0.45% | N/A | N/A | N/A |
| Paychex, Inc. (PAYX)vs › | $41.59B | 0.29% | N/A | N/A | N/A |
| Ferrovial SE (FER)vs › | $42.13B | 0.39% | N/A | N/A | N/A |
| United Airlines Holdings, Inc. (UAL)vs › | $35.49B | 0.40% | N/A | N/A | N/A |
| Thomson Reuters Corporation (TRI)vs › | $43.12B | 0.18% | N/A | N/A | N/A |
| EMCOR Group, Inc. (EME)vs › | $34.25B | 0.05% | N/A | N/A | N/A |
| Ferguson plc (FERG)vs › | $44.28B | 0.33% | N/A | N/A | N/A |
Debt/Assets
0.3%
Debt/Equity
0.00
Current Ratio
1.89
Interest Coverage
4598.1x
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 | 0.35% |
| 2026-03-31 | 0.71% |
| 2025-12-31 | 2.53% |
| 2025-09-30 | 1.54% |
| 2025-06-30 | 3.06% |
| 2025-03-31 | 1.09% |
| 2024-12-31 | 1.09% |
| 2024-09-30 | 1.11% |
| 2024-06-30 | 1.12% |
| 2024-03-31 | 1.42% |
| 2023-12-31 | 1.45% |
| 2023-09-30 | 1.51% |
| 2023-06-30 | 1.61% |
| 2023-03-31 | 2.02% |
| 2022-12-31 | 2.07% |
| 2022-09-30 | 2.08% |
| 2022-06-30 | 2.09% |
| 2022-03-31 | 2.12% |
| 2021-12-31 | 2.07% |
| 2021-09-30 | 2.17% |
| 2021-06-30 | 2.20% |
| 2021-03-31 | 2.30% |
| 2020-12-31 | 2.29% |
| 2020-09-30 | 3.39% |
| 2020-06-30 | 3.55% |
| 2020-03-31 | 1.14% |
| 2019-12-31 | 1.13% |
| 2019-09-30 | 1.16% |
| 2019-06-30 | 1.20% |
| 2019-03-31 | 1.21% |
| 2018-12-31 | 1.27% |
| 2018-09-30 | 1.29% |
| 2018-06-30 | 1.35% |
| 2018-03-31 | 1.43% |
| 2017-12-31 | 3.10% |
| 2017-09-30 | 3.21% |
| 2017-06-30 | 3.34% |
| 2017-03-31 | 3.46% |
| 2016-12-31 | 3.89% |
| 2016-09-30 | 7.19% |
| 2016-06-30 | 8.21% |
| 2016-03-31 | 4.98% |
| 2015-12-31 | 5.42% |
| 2015-09-30 | 7.49% |
| 2015-06-30 | 6.15% |
| 2015-03-31 | 6.35% |
| 2014-12-31 | 6.96% |
| 2014-09-30 | 8.40% |
| 2014-06-30 | 9.40% |
| 2014-03-31 | 8.89% |
| 2013-12-31 | 9.91% |
| 2013-09-30 | 10.82% |
| 2013-06-30 | 12.34% |
| 2013-03-31 | 12.45% |
| 2012-12-31 | 14.04% |
| 2012-09-30 | 16.49% |
| 2012-06-30 | 16.34% |
| 2012-03-31 | 16.40% |
| 2011-12-31 | 17.79% |
| 2011-09-30 | 17.95% |
| 2011-06-30 | 18.82% |
| 2011-03-31 | 20.88% |
| 2010-12-31 | 21.87% |
| 2010-09-30 | 21.77% |
| 2010-06-30 | 23.98% |
| 2010-03-31 | 25.93% |
| 2009-12-31 | 26.36% |
| 2009-09-30 | 26.72% |
| 2009-06-30 | 26.34% |
| 2009-03-31 | 24.47% |
| 2008-12-31 | 23.44% |
| 2008-09-30 | 23.45% |
| 2008-06-30 | 24.37% |
| 2008-03-31 | 25.51% |
| 2007-12-31 | 26.88% |
| 2007-09-30 | 27.13% |
| 2007-06-30 | 27.95% |
| 2007-03-31 | 28.67% |
| 2006-12-31 | 30.78% |
| 2006-09-30 | 30.89% |
| 2006-06-30 | 32.41% |
| 2006-03-31 | 21.56% |
| 2005-12-31 | 20.10% |
| 2005-09-30 | 21.81% |
| 2005-06-30 | 21.45% |
| 2005-03-31 | 18.03% |
| 2004-12-31 | 15.60% |
| 2004-09-30 | 16.13% |
| 2004-06-30 | 21.62% |
| 2004-03-31 | 20.00% |
| 2003-12-31 | 22.42% |
| 2003-09-30 | 22.79% |
| 2003-06-30 | 24.22% |
| 2003-03-31 | 22.91% |
| 2002-12-31 | 23.94% |
| 2002-09-30 | 30.63% |
