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 22.33% is in line with its 5-year average of 23.55%, near the low end of its 5-year range (20.53%–27.95%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.75% below its 12-month average of 23.70%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
22.33%
DEBT TO ASSETS RATIO AVG TTM
23.70%
DEBT TO ASSETS RATIO AVG 3Y
25.03%
DEBT TO ASSETS RATIO AVG 5Y
23.55%
DEBT TO ASSETS RATIO AVG 10Y
25.86%
DEBT TO ASSETS RATIO AVG 15Y
24.92%
DEBT TO ASSETS RATIO AVG 20Y
23.27%
CURRENT VS TTM AVG
-5.75%
CURRENT VS 3Y AVG
-10.78%
CURRENT VS 5Y AVG
-5.15%
CURRENT VS 10Y AVG
-13.64%
CURRENT VS 15Y AVG
-10.36%
CURRENT VS 20Y AVG
-4.01%
SECTOR MEDIAN · INDUSTRIALS
0.27%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+8328.16%
vs the sector median at left
RTX Corporation
Market Cap
$268.20B
Debt to Assets Ratio
22.33%
TTM Avg
23.70%
3Y Avg
25.03%
5Y Avg
23.55%
Market Cap
$194.26B
Debt to Assets Ratio
0.29%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$172.53B
Debt to Assets Ratio
0.44%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| RTX Corporation (RTX) | $268.20B | 22.33% | 23.70% | 25.03% | 23.55% |
| GE Vernova Inc. (GEV)vs › | $257.62B | 0.05% | N/A | N/A | N/A |
| Siemens AG (SIEGY)vs › | $243.29B | 0.30% | N/A | N/A | N/A |
| Schneider Electric S.E. (SBGSY)vs › | $194.26B | 0.29% | N/A | N/A | N/A |
| Deere & Company (DE)vs › | $184.47B | 0.60% | N/A | N/A | N/A |
| GE Aerospace (GE)vs › | $352.09B | 0.15% | N/A | N/A | N/A |
| ABB Ltd (ABBNY)vs › | $180.81B | 0.20% | N/A | N/A | N/A |
| Union Pacific Corporation (UNP)vs › | $172.53B | 0.44% | N/A | N/A | N/A |
| The Boeing Company (BA)vs › | $169.30B | 0.28% | N/A | N/A | N/A |
| Rolls-Royce Holdings plc (RYCEY)vs › | $167.25B | 0.11% | N/A | N/A | N/A |
Debt/Assets
22.3%
Debt/Equity
0.59
Current Ratio
1.01
Interest Coverage
5.1x
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 | 22.33% |
| 2026-03-31 | 22.85% |
| 2025-12-31 | 23.09% |
| 2025-09-30 | 24.14% |
| 2025-06-30 | 26.08% |
| 2025-03-31 | 26.05% |
| 2024-12-31 | 26.34% |
| 2024-09-30 | 26.54% |
| 2024-06-30 | 27.03% |
| 2024-03-31 | 27.63% |
| 2023-12-31 | 27.95% |
| 2023-09-30 | 22.64% |
| 2023-06-30 | 22.77% |
| 2023-03-31 | 22.34% |
| 2022-12-31 | 21.09% |
| 2022-09-30 | 22.11% |
| 2022-06-30 | 20.76% |
| 2022-03-31 | 20.77% |
| 2021-12-31 | 20.53% |
| 2021-09-30 | 20.65% |
| 2021-06-30 | 20.80% |
| 2021-03-31 | 20.60% |
| 2020-12-31 | 20.56% |
| 2020-09-30 | 21.20% |
| 2020-06-30 | 21.34% |
| 2020-03-31 | 34.71% |
| 2019-12-31 | 32.15% |
| 2019-09-30 | 33.60% |
| 2019-06-30 | 34.18% |
| 2019-03-31 | 34.36% |
| 2018-12-31 | 33.93% |
| 2018-09-30 | 34.75% |
| 2018-06-30 | 27.87% |
| 2018-03-31 | 27.69% |
| 2017-12-31 | 28.36% |
| 2017-09-30 | 28.29% |
| 2017-06-30 | 28.09% |
| 2017-03-31 | 27.20% |
| 2016-12-31 | 26.64% |
| 2016-09-30 | 25.17% |
| 2016-06-30 | 25.19% |
| 2016-03-31 | 26.03% |
| 2015-12-31 | 23.35% |
| 2015-09-30 | 24.60% |
| 2015-06-30 | 24.19% |
| 2015-03-31 | 24.08% |
| 2014-12-31 | 21.60% |
| 2014-09-30 | 21.79% |
| 2014-06-30 | 21.78% |
| 2014-03-31 | 21.97% |
| 2013-12-31 | 22.34% |
| 2013-09-30 | 23.46% |
| 2013-06-30 | 24.40% |
| 2013-03-31 | 25.79% |
| 2012-12-31 | 25.97% |
| 2012-09-30 | 31.21% |
| 2012-06-30 | 27.76% |
| 2012-03-31 | 15.86% |
| 2011-12-31 | 16.70% |
| 2011-09-30 | 18.34% |
| 2011-06-30 | 18.34% |
| 2011-03-31 | 17.29% |
| 2010-12-31 | 17.59% |
| 2010-09-30 | 20.28% |
| 2010-06-30 | 20.68% |
| 2010-03-31 | 20.47% |
| 2009-12-31 | 17.47% |
| 2009-09-30 | 18.12% |
| 2009-06-30 | 19.13% |
| 2009-03-31 | 19.76% |
| 2008-12-31 | 20.19% |
| 2008-09-30 | 18.26% |
| 2008-06-30 | 18.35% |
| 2008-03-31 | 17.56% |
| 2007-12-31 | 16.76% |
| 2007-09-30 | 17.43% |
| 2007-06-30 | 17.00% |
| 2007-03-31 | 17.01% |
| 2006-12-31 | 16.82% |
| 2006-09-30 | 16.72% |
| 2006-06-30 | 17.82% |
| 2006-03-31 | 17.59% |
| 2005-12-31 | 17.94% |
| 2005-09-30 | 16.96% |
| 2005-06-30 | 16.10% |
| 2005-03-31 | 11.95% |
| 2004-12-31 | 13.83% |
| 2004-09-30 | 13.44% |
| 2004-06-30 | 13.53% |
| 2004-03-31 | 13.93% |
| 2003-12-31 | 15.03% |
| 2003-09-30 | 16.02% |
| 2003-06-30 | 15.83% |
| 2003-03-31 | 16.50% |
| 2002-12-31 | 16.69% |
| 2002-09-30 | 17.61% |
