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 25.03% is 24% above its 5-year average of 20.13%, around the middle of its 5-year range (17.76%–34.39%).
As of the fiscal period ended Tuesday, June 30, 2026. 13.11% above its 12-month average of 22.13%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
25.03%
DEBT TO ASSETS RATIO AVG TTM
22.13%
DEBT TO ASSETS RATIO AVG 3Y
19.83%
DEBT TO ASSETS RATIO AVG 5Y
20.13%
DEBT TO ASSETS RATIO AVG 10Y
31.26%
DEBT TO ASSETS RATIO AVG 15Y
27.65%
DEBT TO ASSETS RATIO AVG 20Y
25.12%
CURRENT VS TTM AVG
+13.11%
CURRENT VS 3Y AVG
+26.25%
CURRENT VS 5Y AVG
+24.34%
CURRENT VS 10Y AVG
-19.92%
CURRENT VS 15Y AVG
-9.47%
CURRENT VS 20Y AVG
-0.35%
SECTOR MEDIAN · FINANCIAL SERVICES
0.11%
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
+22658.34%
vs the sector median at left
S&P Global Inc.
Market Cap
$126.56B
Debt to Assets Ratio
25.03%
TTM Avg
22.13%
3Y Avg
19.83%
5Y Avg
20.13%
Market Cap
$124.94B
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$129.99B
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$131.26B
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$111.78B
Debt to Assets Ratio
0.12%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$105.50B
Debt to Assets Ratio
0.49%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$98.48B
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| S&P Global Inc. (SPGI) | $126.56B | 25.03% | 22.13% | 19.83% | 20.13% |
| The Progressive Corporation (PGR)vs › | $124.94B | 0.07% | N/A | N/A | N/A |
| Chubb Limited (CB)vs › | $129.88B | 0.06% | N/A | N/A | N/A |
| Vanguard Dividend Appreciation ETF (VIG)vs › | $129.99B | N/A | N/A | N/A | N/A |
| Capital One Financial Corporation (COF)vs › | $131.26B | 0.07% | N/A | N/A | N/A |
| Bank of New York Mellon Corp (BNY)vs › | $111.78B | 0.12% | N/A | N/A | N/A |
| Robinhood Markets, Inc. (HOOD)vs › | $105.50B | 0.49% | N/A | N/A | N/A |
| CME Group Inc. (CME)vs › | $100.05B | 0.02% | N/A | N/A | N/A |
| Schwab U.S. Dividend Equity ETF (SCHD)vs › | $98.48B | N/A | N/A | N/A | N/A |
| Invesco S&P 500 Equal Weight ETF (RSP)vs › | $97.52B | N/A | N/A | N/A | N/A |
Debt/Assets
25.0%
Debt/Equity
0.50
Current Ratio
0.95
Interest Coverage
22.6x
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 | 25.03% |
| 2026-03-31 | 22.86% |
| 2025-12-31 | 23.20% |
| 2025-09-30 | 19.86% |
| 2025-06-30 | 19.70% |
| 2025-03-31 | 19.89% |
| 2024-12-31 | 19.82% |
| 2024-09-30 | 19.76% |
| 2024-06-30 | 19.56% |
| 2024-03-31 | 20.22% |
| 2023-12-31 | 19.81% |
| 2023-09-30 | 19.82% |
| 2023-06-30 | 19.85% |
| 2023-03-31 | 19.72% |
| 2022-12-31 | 18.86% |
| 2022-09-30 | 18.41% |
| 2022-06-30 | 17.76% |
| 2022-03-31 | 18.28% |
| 2021-12-31 | 31.29% |
| 2021-09-30 | 32.75% |
| 2021-06-30 | 34.39% |
| 2021-03-31 | 36.13% |
| 2020-12-31 | 37.92% |
| 2020-09-30 | 40.81% |
| 2020-06-30 | 40.77% |
| 2020-03-31 | 43.51% |
| 2019-12-31 | 41.24% |
| 2019-09-30 | 42.01% |
| 2019-06-30 | 42.07% |
| 2019-03-31 | 44.03% |
| 2018-12-31 | 38.72% |
| 2018-09-30 | 39.02% |
| 2018-06-30 | 39.71% |
| 2018-03-31 | 42.01% |
| 2017-12-31 | 37.87% |
| 2017-09-30 | 40.95% |
| 2017-06-30 | 40.56% |
| 2017-03-31 | 41.19% |
| 2016-12-31 | 41.11% |
| 2016-09-30 | 45.68% |
| 2016-06-30 | 45.58% |
| 2016-03-31 | 47.71% |
| 2015-12-31 | 44.13% |
| 2015-09-30 | 42.74% |
| 2015-06-30 | 24.85% |
| 2015-03-31 | 21.37% |
| 2014-12-31 | 11.74% |
| 2014-09-30 | 12.74% |
| 2014-06-30 | 13.19% |
| 2014-03-31 | 13.29% |
| 2013-12-31 | 13.18% |
| 2013-09-30 | 13.66% |
| 2013-06-30 | 12.97% |
| 2013-03-31 | 12.74% |
| 2012-12-31 | 17.81% |
| 2012-09-30 | 15.10% |
| 2012-06-30 | 16.40% |
| 2012-03-31 | 18.86% |
| 2011-12-31 | 18.64% |
| 2011-09-30 | 16.75% |
| 2011-06-30 | 17.25% |
| 2011-03-31 | 17.64% |
| 2010-12-31 | 17.00% |
| 2010-09-30 | 17.40% |
| 2010-06-30 | 18.82% |
| 2010-03-31 | 19.05% |
| 2009-12-31 | 18.50% |
| 2009-09-30 | 18.67% |
| 2009-06-30 | 21.25% |
| 2009-03-31 | 23.21% |
| 2008-12-31 | 20.85% |
| 2008-09-30 | 23.03% |
| 2008-06-30 | 26.28% |
| 2008-03-31 | 25.43% |
| 2007-12-31 | 18.84% |
| 2007-09-30 | 20.40% |
| 2007-06-30 | 15.94% |
| 2007-03-31 | 10.33% |
| 2006-12-31 | 0.04% |
| 2006-09-30 | 3.84% |
| 2006-06-30 | 11.48% |
| 2006-03-31 | 0.06% |
| 2005-12-31 | 0.05% |
| 2005-09-30 | 0.07% |
| 2005-06-30 | 6.32% |
| 2005-03-31 | 0.06% |
| 2004-12-31 | 0.09% |
| 2004-09-30 | 0.10% |
| 2004-06-30 | 0.09% |
| 2004-03-31 | 0.12% |
| 2003-12-31 | 0.49% |
| 2003-09-30 | 4.09% |
| 2003-06-30 | 10.48% |
| 2003-03-31 | 12.24% |
| 2002-12-31 | 11.49% |
| 2002-09-30 | 14.92% |
