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 23.96% is 23% below its 5-year average of 31.26%, near the low end of its 5-year range (20.68%–39.51%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.46% above its 12-month average of 23.85%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
23.96%
DEBT TO ASSETS RATIO AVG TTM
23.85%
DEBT TO ASSETS RATIO AVG 3Y
29.22%
DEBT TO ASSETS RATIO AVG 5Y
31.26%
DEBT TO ASSETS RATIO AVG 10Y
28.83%
DEBT TO ASSETS RATIO AVG 15Y
26.11%
DEBT TO ASSETS RATIO AVG 20Y
26.28%
CURRENT VS TTM AVG
+0.46%
CURRENT VS 3Y AVG
-18.00%
CURRENT VS 5Y AVG
-23.35%
CURRENT VS 10Y AVG
-16.88%
CURRENT VS 15Y AVG
-8.24%
CURRENT VS 20Y AVG
-8.82%
SECTOR MEDIAN · INDUSTRIALS
0.27%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+8941.86%
vs the sector median at left
Primoris Services Corporation
Market Cap
$4.01B
Debt to Assets Ratio
23.96%
TTM Avg
23.85%
3Y Avg
29.22%
5Y Avg
31.26%
Market Cap
$4.27B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.46B
Debt to Assets Ratio
0.54%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.57B
Debt to Assets Ratio
0.20%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.71B
Debt to Assets Ratio
0.34%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Primoris Services Corporation (PRIM) | $4.01B | 23.96% | 23.85% | 29.22% | 31.26% |
| SiteOne Landscape Supply, Inc. (SITE)vs › | $4.27B | 0.03% | N/A | N/A | N/A |
| MYR Group Inc. (MYRG)vs › | $4.47B | 0.04% | N/A | N/A | N/A |
| Bright Horizons Family Solutions Inc. (BFAM)vs › | $3.46B | 0.54% | N/A | N/A | N/A |
| KBR, Inc. (KBR)vs › | $4.56B | 0.42% | N/A | N/A | N/A |
| CECO Environmental Corp. (CECO)vs › | $4.57B | 0.20% | N/A | N/A | N/A |
| Teekay Tankers Ltd. (TNK)vs › | $3.34B | 0.01% | N/A | N/A | N/A |
| Amentum Holdings, Inc. (AMTM)vs › | $4.71B | 0.34% | N/A | N/A | N/A |
| Exponent, Inc. (EXPO)vs › | $3.27B | 0.12% | N/A | N/A | N/A |
| NuScale Power Corporation (SMR)vs › | $3.21B | 0.00% | N/A | N/A | N/A |
Debt/Assets
24.0%
Debt/Equity
0.69
Current Ratio
1.18
Interest Coverage
14.4x
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 | 23.96% |
| 2026-03-31 | 22.02% |
| 2025-12-31 | 28.96% |
| 2025-09-30 | 20.68% |
| 2025-06-30 | 23.62% |
| 2025-03-31 | 25.11% |
| 2024-12-31 | 28.37% |
| 2024-09-30 | 31.76% |
| 2024-06-30 | 33.30% |
| 2024-03-31 | 33.87% |
| 2023-12-31 | 34.44% |
| 2023-09-30 | 37.09% |
| 2023-06-30 | 36.69% |
| 2023-03-31 | 37.78% |
| 2022-12-31 | 38.00% |
| 2022-09-30 | 39.51% |
| 2022-06-30 | 30.95% |
| 2022-03-31 | 31.23% |
| 2021-12-31 | 32.28% |
| 2021-09-30 | 32.87% |
| 2021-06-30 | 33.92% |
| 2021-03-31 | 34.25% |
| 2020-12-31 | 26.78% |
| 2020-09-30 | 27.84% |
| 2020-06-30 | 30.47% |
| 2020-03-31 | 32.66% |
| 2019-12-31 | 32.59% |
| 2019-09-30 | 32.11% |
| 2019-06-30 | 32.67% |
| 2019-03-31 | 31.47% |
| 2018-12-31 | 23.09% |
| 2018-09-30 | 22.83% |
| 2018-06-30 | 26.04% |
| 2018-03-31 | 20.45% |
| 2017-12-31 | 20.64% |
| 2017-09-30 | 20.22% |
| 2017-06-30 | 20.17% |
| 2017-03-31 | 21.89% |
| 2016-12-31 | 22.36% |
| 2016-09-30 | 23.93% |
| 2016-06-30 | 22.98% |
| 2016-03-31 | 23.58% |
| 2015-12-31 | 24.31% |
| 2015-09-30 | 22.05% |
| 2015-06-30 | 21.76% |
| 2015-03-31 | 22.72% |
| 2014-12-31 | 22.07% |
| 2014-09-30 | 20.70% |
| 2014-06-30 | 20.84% |
| 2014-03-31 | 21.12% |
| 2013-12-31 | 21.42% |
| 2013-09-30 | 21.82% |
| 2013-06-30 | 18.86% |
| 2013-03-31 | 18.21% |
| 2012-12-31 | 16.69% |
| 2012-09-30 | 10.10% |
| 2012-06-30 | 11.80% |
| 2012-03-31 | 11.17% |
| 2011-12-31 | 33.03% |
| 2011-09-30 | 11.60% |
| 2011-06-30 | 37.06% |
| 2011-03-31 | 39.38% |
| 2010-12-31 | 43.76% |
| 2010-09-30 | 41.26% |
| 2010-06-30 | 44.59% |
| 2010-03-31 | 43.31% |
| 2009-12-31 | 20.81% |
| 2009-09-30 | 11.80% |
| 2009-06-30 | 13.61% |
| 2009-03-31 | 14.31% |
| 2008-12-31 | 13.81% |
| 2008-09-30 | 12.66% |
| 2008-06-30 | 0.00% |
| 2008-03-31 | 0.00% |
| 2007-12-31 | 0.00% |
| 2007-09-30 | 0.00% |
| 2007-06-30 | 0.00% |
| 2007-03-31 | 0.00% |
| 2006-12-31 | 0.00% |
| 2006-09-30 | 74.31% |
