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 22.02% is 31% below its 5-year average of 31.75%, near the low end of its 5-year range (20.68%–39.51%).
As of the fiscal period ended Tuesday, March 31, 2026. 8.54% below its 12-month average of 24.08%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
22.02%
DEBT TO ASSETS RATIO AVG TTM
24.08%
DEBT TO ASSETS RATIO AVG 3Y
30.28%
DEBT TO ASSETS RATIO AVG 5Y
32.30%
DEBT TO ASSETS RATIO AVG 10Y
28.82%
DEBT TO ASSETS RATIO AVG 15Y
26.36%
DEBT TO ASSETS RATIO AVG 20Y
26.31%
CURRENT VS TTM AVG
-8.54%
CURRENT VS 3Y AVG
-27.28%
CURRENT VS 5Y AVG
-31.82%
CURRENT VS 10Y AVG
-23.57%
CURRENT VS 15Y AVG
-16.46%
CURRENT VS 20Y AVG
-16.30%
SECTOR MEDIAN · INDUSTRIALS
0.28%
median of 133 covered companies
CURRENT VS SECTOR MEDIAN
+7765.69%
vs the sector median at left
Primoris Services Corporation
Market Cap
$4.69B
Debt to Assets Ratio
22.02%
TTM Avg
24.08%
3Y Avg
30.28%
5Y Avg
32.30%
Market Cap
$5.50B
Debt to Assets Ratio
0.36%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.97B
Debt to Assets Ratio
0.65%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$6.63B
Debt to Assets Ratio
0.22%
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) | $4.69B | 22.02% | 24.08% | 30.28% | 32.30% |
| KBR, Inc. (KBR)vs › | $4.68B | 0.47% | N/A | N/A | N/A |
| Griffon Corporation (GFF)vs › | $4.16B | 0.77% | N/A | N/A | N/A |
| Amentum Holdings, Inc. (AMTM)vs › | $5.50B | 0.36% | N/A | N/A | N/A |
| MYR Group Inc. (MYRG)vs › | $5.90B | 0.06% | N/A | N/A | N/A |
| Matson, Inc. (MATX)vs › | $6.37B | 0.15% | N/A | N/A | N/A |
| Trinity Industries, Inc. (TRN)vs › | $2.97B | 0.65% | N/A | N/A | N/A |
| Everus Construction Group, Inc. (ECG)vs › | $6.63B | 0.22% | N/A | N/A | N/A |
| Pool Corporation (POOL)vs › | $6.70B | 0.42% | N/A | N/A | N/A |
| Teekay Tankers Ltd. (TNK)vs › | $2.63B | 0.02% | N/A | N/A | N/A |
Debt/Assets
22.0%
Debt/Equity
0.76
Current Ratio
1.26
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 |
|---|---|
| 2026-03-31 | 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% |
