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 7.23% is 16% below its 5-year average of 8.57%, around the middle of its 5-year range (4.21%–12.87%).
As of the fiscal period ended Tuesday, June 30, 2026. 26.49% below its 12-month average of 9.83%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
7.23%
DEBT TO ASSETS RATIO AVG TTM
9.83%
DEBT TO ASSETS RATIO AVG 3Y
8.98%
DEBT TO ASSETS RATIO AVG 5Y
8.57%
DEBT TO ASSETS RATIO AVG 10Y
11.72%
DEBT TO ASSETS RATIO AVG 15Y
12.45%
DEBT TO ASSETS RATIO AVG 20Y
15.03%
CURRENT VS TTM AVG
-26.49%
CURRENT VS 3Y AVG
-19.49%
CURRENT VS 5Y AVG
-15.71%
CURRENT VS 10Y AVG
-38.33%
CURRENT VS 15Y AVG
-41.94%
CURRENT VS 20Y AVG
-51.91%
SECTOR MEDIAN · INDUSTRIALS
0.27%
median of 153 covered companies
CURRENT VS SECTOR MEDIAN
+2576.55%
vs the sector median at left
Market Cap
$9.22B
Debt to Assets Ratio
0.25%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$8.92B
Debt to Assets Ratio
0.05%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$8.89B
Debt to Assets Ratio
0.55%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$8.39B
Debt to Assets Ratio
0.19%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Saia, Inc. (SAIA) | $9.12B | 7.23% | 9.83% | 8.98% | 8.57% |
| Valmont Industries, Inc. (VMI)vs › | $9.22B | 0.25% | N/A | N/A | N/A |
| Kratos Defense & Security Solutions, Inc. (KTOS)vs › | $8.92B | 0.05% | N/A | N/A | N/A |
| Booz Allen Hamilton Holding Corporation (BAH)vs › | $8.89B | 0.55% | N/A | N/A | N/A |
| AGCO Corporation (AGCO)vs › | $8.88B | 0.01% | N/A | N/A | N/A |
| Pentair plc (PNR)vs › | $9.62B | 0.26% | N/A | N/A | N/A |
| Aecom (ACM)vs › | $8.60B | 0.28% | N/A | N/A | N/A |
| Leonardo DRS, Inc. (DRS)vs › | $9.83B | 0.06% | N/A | N/A | N/A |
| A. O. Smith Corporation (AOS)vs › | $8.39B | 0.19% | N/A | N/A | N/A |
| Fluor Corporation (FLR)vs › | $8.09B | 0.14% | N/A | N/A | N/A |
Debt/Assets
7.2%
Debt/Equity
0.10
Current Ratio
1.58
Interest Coverage
21.4x
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 | 7.23% |
| 2026-03-31 | 4.21% |
| 2025-12-31 | 12.01% |
| 2025-09-30 | 12.87% |
| 2025-06-30 | 12.85% |
| 2025-03-31 | 12.42% |
| 2024-12-31 | 10.25% |
| 2024-09-30 | 10.02% |
| 2024-06-30 | 10.15% |
| 2024-03-31 | 7.55% |
| 2023-12-31 | 5.37% |
| 2023-09-30 | 5.98% |
| 2023-06-30 | 5.79% |
| 2023-03-31 | 6.48% |
| 2022-12-31 | 7.11% |
| 2022-09-30 | 6.77% |
| 2022-06-30 | 7.18% |
| 2022-03-31 | 7.81% |
| 2021-12-31 | 8.69% |
| 2021-09-30 | 9.07% |
| 2021-06-30 | 10.26% |
| 2021-03-31 | 11.16% |
| 2020-12-31 | 12.04% |
| 2020-09-30 | 15.33% |
| 2020-06-30 | 18.51% |
| 2020-03-31 | 22.81% |
| 2019-12-31 | 17.07% |
| 2019-09-30 | 18.99% |
| 2019-06-30 | 18.69% |
| 2019-03-31 | 17.99% |
| 2018-12-31 | 10.84% |
| 2018-09-30 | 11.15% |
| 2018-06-30 | 14.27% |
| 2018-03-31 | 14.04% |
| 2017-12-31 | 13.74% |
| 2017-09-30 | 13.35% |
| 2017-06-30 | 15.78% |
| 2017-03-31 | 16.92% |
| 2016-12-31 | 9.22% |
| 2016-09-30 | 11.65% |
| 2016-06-30 | 16.81% |
| 2016-03-31 | 14.63% |
| 2015-12-31 | 9.46% |
| 2015-09-30 | 10.81% |
| 2015-06-30 | 14.36% |
| 2015-03-31 | 14.55% |
| 2014-12-31 | 12.10% |
| 2014-09-30 | 10.79% |
| 2014-06-30 | 14.02% |
| 2014-03-31 | 12.38% |
| 2013-12-31 | 12.46% |
| 2013-09-30 | 15.11% |
| 2013-06-30 | 16.49% |
| 2013-03-31 | 10.98% |
| 2012-12-31 | 11.68% |
| 2012-09-30 | 14.97% |
| 2012-06-30 | 17.06% |
| 2012-03-31 | 16.79% |
| 2011-12-31 | 15.34% |
| 2011-09-30 | 17.18% |
| 2011-06-30 | 17.70% |
| 2011-03-31 | 19.63% |
| 2010-12-31 | 19.90% |
| 2010-09-30 | 19.35% |
| 2010-06-30 | 19.34% |
| 2010-03-31 | 19.24% |
| 2009-12-31 | 19.30% |
| 2009-09-30 | 23.41% |
| 2009-06-30 | 23.47% |
| 2009-03-31 | 23.17% |
| 2008-12-31 | 26.45% |
| 2008-09-30 | 23.85% |
| 2008-06-30 | 26.96% |
| 2008-03-31 | 32.20% |
| 2007-12-31 | 30.83% |
| 2007-09-30 | 28.10% |
| 2007-06-30 | 23.52% |
| 2007-03-31 | 25.71% |
| 2006-12-31 | 24.43% |
| 2006-09-30 | 22.79% |
| 2006-06-30 | 23.46% |
| 2006-03-31 | 22.16% |
| 2005-12-31 | 23.48% |
| 2005-09-30 | 23.01% |
| 2005-06-30 | 22.80% |
| 2005-03-31 | 23.21% |
| 2004-12-31 | 25.59% |
| 2004-09-30 | 23.89% |
| 2004-06-30 | 24.36% |
| 2004-03-31 | 25.23% |
| 2003-12-31 | 26.80% |
| 2003-09-30 | 25.13% |
| 2003-06-30 | 25.43% |
| 2003-03-31 | 26.08% |
| 2002-12-31 | 27.43% |
| 2002-09-30 | 28.04% |