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 33.42% is in line with its 5-year average of 35.17%, near the low end of its 5-year range (33.42%–36.64%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.53% below its 12-month average of 35.00%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
33.42%
DEBT TO ASSETS RATIO AVG TTM
35.00%
DEBT TO ASSETS RATIO AVG 3Y
35.17%
DEBT TO ASSETS RATIO AVG 5Y
35.17%
DEBT TO ASSETS RATIO AVG 10Y
37.26%
DEBT TO ASSETS RATIO AVG 15Y
38.48%
DEBT TO ASSETS RATIO AVG 20Y
39.76%
CURRENT VS TTM AVG
-4.53%
CURRENT VS 3Y AVG
-4.98%
CURRENT VS 5Y AVG
-5.00%
CURRENT VS 10Y AVG
-10.32%
CURRENT VS 15Y AVG
-13.17%
CURRENT VS 20Y AVG
-15.95%
SECTOR MEDIAN · INDUSTRIALS
0.27%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+12509.82%
vs the sector median at left
PACCAR Inc
Market Cap
$64.48B
Debt to Assets Ratio
33.42%
TTM Avg
35.00%
3Y Avg
35.17%
5Y Avg
35.17%
Market Cap
$64.05B
Debt to Assets Ratio
1.39%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$63.19B
Debt to Assets Ratio
0.49%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$66.00B
Debt to Assets Ratio
0.44%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$68.19B
Debt to Assets Ratio
0.41%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$58.02B
Debt to Assets Ratio
0.04%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$73.65B
Debt to Assets Ratio
0.37%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PACCAR Inc (PCAR) | $64.48B | 33.42% | 35.00% | 35.17% | 35.17% |
| TransDigm Group Incorporated (TDG)vs › | $64.05B | 1.39% | N/A | N/A | N/A |
| United Rentals, Inc. (URI)vs › | $63.19B | 0.49% | N/A | N/A | N/A |
| Honeywell International Inc. (HON)vs › | $66.00B | 0.44% | N/A | N/A | N/A |
| W.W. Grainger, Inc. (GWW)vs › | $60.87B | 0.29% | N/A | N/A | N/A |
| Republic Services, Inc. (RSG)vs › | $68.19B | 0.41% | N/A | N/A | N/A |
| Comfort Systems USA, Inc. (FIX)vs › | $58.02B | 0.04% | N/A | N/A | N/A |
| Fastenal Company (FAST)vs › | $56.66B | 0.08% | N/A | N/A | N/A |
| Norfolk Southern Corporation (NSC)vs › | $73.65B | 0.37% | N/A | N/A | N/A |
| Northrop Grumman Corporation (NOC)vs › | $73.67B | 0.32% | N/A | N/A | N/A |
Debt/Assets
33.4%
Debt/Equity
0.72
Current Ratio
3.12
Interest Coverage
8.6x
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 | 33.42% |
| 2026-03-31 | 34.32% |
| 2025-12-31 | 35.27% |
| 2025-09-30 | 35.86% |
| 2025-06-30 | 36.15% |
| 2025-03-31 | 36.64% |
| 2024-12-31 | 36.61% |
| 2024-09-30 | 35.86% |
| 2024-06-30 | 34.98% |
| 2024-03-31 | 34.75% |
| 2023-12-31 | 35.22% |
| 2023-09-30 | 33.98% |
| 2023-06-30 | 34.15% |
| 2023-03-31 | 34.21% |
| 2022-12-31 | 35.10% |
| 2022-09-30 | 33.89% |
| 2022-06-30 | 34.54% |
| 2022-03-31 | 35.51% |
| 2021-12-31 | 36.47% |
| 2021-09-30 | 35.31% |
| 2021-06-30 | 36.43% |
| 2021-03-31 | 37.06% |
| 2020-12-31 | 40.02% |
| 2020-09-30 | 38.16% |
| 2020-06-30 | 39.37% |
| 2020-03-31 | 40.81% |
| 2019-12-31 | 41.64% |
| 2019-09-30 | 39.10% |
| 2019-06-30 | 39.13% |
| 2019-03-31 | 38.98% |
| 2018-12-31 | 42.35% |
| 2018-09-30 | 38.19% |
| 2018-06-30 | 38.12% |
| 2018-03-31 | 38.39% |
| 2017-12-31 | 43.59% |
| 2017-09-30 | 38.23% |
| 2017-06-30 | 38.74% |
| 2017-03-31 | 39.76% |
| 2016-12-31 | 46.26% |
| 2016-09-30 | 40.68% |
| 2016-06-30 | 39.41% |
| 2016-03-31 | 40.16% |
| 2015-12-31 | 45.66% |
| 2015-09-30 | 40.34% |
| 2015-06-30 | 40.02% |
| 2015-03-31 | 40.22% |
| 2014-12-31 | 44.63% |
| 2014-09-30 | 39.09% |
| 2014-06-30 | 39.79% |
| 2014-03-31 | 40.00% |
| 2013-12-31 | 45.92% |
| 2013-09-30 | 40.80% |
| 2013-06-30 | 41.20% |
| 2013-03-31 | 41.73% |
| 2012-12-31 | 47.15% |
| 2012-09-30 | 41.00% |
| 2012-06-30 | 40.56% |
| 2012-03-31 | 39.01% |
| 2011-12-31 | 38.76% |
| 2011-09-30 | 37.47% |
| 2011-06-30 | 36.09% |
| 2011-03-31 | 35.76% |
| 2010-12-31 | 37.07% |
| 2010-09-30 | 37.49% |
| 2010-06-30 | 38.72% |
| 2010-03-31 | 40.65% |
| 2009-12-31 | 41.68% |
| 2009-09-30 | 43.05% |
| 2009-06-30 | 44.78% |
| 2009-03-31 | 46.65% |
| 2008-12-31 | 46.06% |
| 2008-09-30 | 44.14% |
| 2008-06-30 | 44.77% |
| 2008-03-31 | 45.41% |
| 2007-12-31 | 45.50% |
| 2007-09-30 | 45.39% |
| 2007-06-30 | 45.68% |
| 2007-03-31 | 46.25% |
| 2006-12-31 | 45.20% |
| 2006-09-30 | 44.87% |
| 2006-06-30 | 44.81% |
| 2006-03-31 | 45.61% |
| 2005-12-31 | 45.60% |
| 2005-09-30 | 42.91% |
| 2005-06-30 | 41.71% |
| 2005-03-31 | 40.34% |
| 2004-12-31 | 39.46% |
| 2004-09-30 | 39.22% |
| 2004-06-30 | 39.33% |
| 2004-03-31 | 38.64% |
| 2003-12-31 | 38.51% |
| 2003-09-30 | 38.62% |
| 2003-06-30 | 40.15% |
| 2003-03-31 | 40.86% |
| 2002-12-31 | 41.36% |
| 2002-09-30 | 40.54% |