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 84.99% is 112% above its 5-year average of 40.16%, near the high end of its 5-year range (30.48%–93.55%).
As of the fiscal period ended Tuesday, June 30, 2026. 47.95% above its 12-month average of 57.44%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
84.99%
DEBT TO ASSETS RATIO AVG TTM
57.44%
DEBT TO ASSETS RATIO AVG 3Y
34.12%
DEBT TO ASSETS RATIO AVG 5Y
34.99%
DEBT TO ASSETS RATIO AVG 10Y
33.22%
DEBT TO ASSETS RATIO AVG 15Y
29.93%
DEBT TO ASSETS RATIO AVG 20Y
27.90%
CURRENT VS TTM AVG
+47.95%
CURRENT VS 3Y AVG
+149.12%
CURRENT VS 5Y AVG
+142.87%
CURRENT VS 10Y AVG
+155.82%
CURRENT VS 15Y AVG
+183.94%
CURRENT VS 20Y AVG
+204.61%
SECTOR MEDIAN · BASIC MATERIALS
0.24%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+35312.38%
vs the sector median at left
PPG Industries, Inc.
Market Cap
$25.00B
Debt to Assets Ratio
84.99%
TTM Avg
57.44%
3Y Avg
34.12%
5Y Avg
34.99%
Market Cap
$26.31B
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$21.90B
Debt to Assets Ratio
0.27%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$20.75B
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$20.33B
Debt to Assets Ratio
0.23%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$19.90B
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$18.75B
Debt to Assets Ratio
0.15%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$18.35B
Debt to Assets Ratio
0.25%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PPG Industries, Inc. (PPG) | $25.00B | 84.99% | 57.44% | 34.12% | 34.99% |
| Carpenter Technology Corporation (CRS)vs › | $26.31B | 0.18% | N/A | N/A | N/A |
| International Paper Company (IP)vs › | $21.90B | 0.27% | N/A | N/A | N/A |
| Dow Inc. (DOW)vs › | $21.87B | 0.34% | N/A | N/A | N/A |
| Reliance Steel & Aluminum Co. (RS)vs › | $20.75B | 0.18% | N/A | N/A | N/A |
| International Flavors & Fragrances Inc. (IFF)vs › | $20.33B | 0.23% | N/A | N/A | N/A |
| LyondellBasell Industries N.V. (LYB)vs › | $19.90B | N/A | N/A | N/A | N/A |
| DuPont de Nemours, Inc. (DD)vs › | $18.75B | 0.15% | N/A | N/A | N/A |
| CF Industries Holdings, Inc. (CF)vs › | $18.35B | 0.25% | N/A | N/A | N/A |
| Nutrien Ltd. (NTR)vs › | $32.02B | 0.26% | N/A | N/A | N/A |
Debt/Assets
85.0%
Debt/Equity
-2.22
Current Ratio
1.58
Interest Coverage
9.0x
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 | 84.99% |
| 2026-03-31 | 34.90% |
| 2025-12-31 | 93.55% |
| 2025-09-30 | 37.82% |
| 2025-06-30 | 35.97% |
| 2025-03-31 | 37.19% |
| 2024-12-31 | 32.91% |
| 2024-09-30 | 33.26% |
| 2024-06-30 | 33.14% |
| 2024-03-31 | 32.21% |
| 2023-12-31 | 30.48% |
| 2023-09-30 | 32.62% |
| 2023-06-30 | 34.79% |
| 2023-03-31 | 36.69% |
| 2022-12-31 | 36.81% |
| 2022-09-30 | 36.42% |
| 2022-06-30 | 36.69% |
| 2022-03-31 | 36.67% |
| 2021-12-31 | 34.97% |
| 2021-09-30 | 35.18% |
| 2021-06-30 | 36.18% |
| 2021-03-31 | 35.12% |
| 2020-12-31 | 33.78% |
| 2020-09-30 | 34.68% |
| 2020-06-30 | 39.30% |
| 2020-03-31 | 38.75% |
| 2019-12-31 | 33.00% |
| 2019-09-30 | 34.73% |
| 2019-06-30 | 34.74% |
| 2019-03-31 | 34.62% |
| 2018-12-31 | 31.32% |
| 2018-09-30 | 30.14% |
| 2018-06-30 | 30.19% |
| 2018-03-31 | 29.74% |
| 2017-12-31 | 25.07% |
| 2017-09-30 | 26.71% |
| 2017-06-30 | 27.20% |
| 2017-03-31 | 27.37% |
| 2016-12-31 | 28.00% |
| 2016-09-30 | 26.71% |
| 2016-06-30 | 29.64% |
| 2016-03-31 | 24.63% |
| 2015-12-31 | 25.22% |
| 2015-09-30 | 25.90% |
| 2015-06-30 | 25.66% |
| 2015-03-31 | 26.74% |
| 2014-12-31 | 22.89% |
| 2014-09-30 | 19.59% |
| 2014-06-30 | 19.55% |
| 2014-03-31 | 19.82% |
| 2013-12-31 | 21.47% |
| 2013-09-30 | 20.41% |
| 2013-06-30 | 21.03% |
| 2013-03-31 | 22.12% |
| 2012-12-31 | 25.26% |
| 2012-09-30 | 25.64% |
| 2012-06-30 | 24.37% |
| 2012-03-31 | 24.65% |
| 2011-12-31 | 25.60% |
| 2011-09-30 | 25.39% |
| 2011-06-30 | 24.39% |
| 2011-03-31 | 27.07% |
| 2010-12-31 | 27.19% |
| 2010-09-30 | 22.20% |
| 2010-06-30 | 23.01% |
| 2010-03-31 | 22.99% |
| 2009-12-31 | 23.50% |
| 2009-09-30 | 24.28% |
| 2009-06-30 | 28.85% |
| 2009-03-31 | 28.34% |
| 2008-12-31 | 26.62% |
| 2008-09-30 | 26.23% |
| 2008-06-30 | 26.26% |
| 2008-03-31 | 27.95% |
| 2007-12-31 | 23.91% |
| 2007-09-30 | 12.46% |
| 2007-06-30 | 12.79% |
| 2007-03-31 | 14.15% |
| 2006-12-31 | 12.86% |
| 2006-09-30 | 13.43% |
| 2006-06-30 | 14.05% |
| 2006-03-31 | 14.13% |
| 2005-12-31 | 14.63% |
| 2005-09-30 | 14.25% |
| 2005-06-30 | 15.38% |
| 2005-03-31 | 14.39% |
| 2004-12-31 | 15.11% |
| 2004-09-30 | 15.87% |
| 2004-06-30 | 19.00% |
| 2004-03-31 | 19.47% |
| 2003-12-31 | 19.78% |
| 2003-09-30 | 20.97% |
| 2003-06-30 | 23.04% |
| 2003-03-31 | 25.23% |
| 2002-12-31 | 26.08% |
| 2002-09-30 | 25.65% |
