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 31.17% is 13% below its 5-year average of 35.91%, near the low end of its 5-year range (31.17%–40.40%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.62% below its 12-month average of 34.49%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 31.17%.
DEBT TO ASSETS RATIO
31.17%
DEBT TO ASSETS RATIO AVG TTM
34.49%
DEBT TO ASSETS RATIO AVG 3Y
34.66%
DEBT TO ASSETS RATIO AVG 5Y
35.91%
DEBT TO ASSETS RATIO AVG 10Y
35.95%
DEBT TO ASSETS RATIO AVG 15Y
29.82%
DEBT TO ASSETS RATIO AVG 20Y
23.09%
CURRENT VS TTM AVG
-9.62%
CURRENT VS 3Y AVG
-10.05%
CURRENT VS 5Y AVG
-13.19%
CURRENT VS 10Y AVG
-13.29%
CURRENT VS 15Y AVG
+4.54%
CURRENT VS 20Y AVG
+35.03%
SECTOR MEDIAN · HEALTHCARE
0.29%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
+10838.47%
vs the sector median at left
Stryker Corporation
Market Cap
$108.06B
Debt to Assets Ratio
31.17%
TTM Avg
34.49%
3Y Avg
34.66%
5Y Avg
35.91%
Market Cap
$106.65B
Debt to Assets Ratio
0.13%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$130.94B
Debt to Assets Ratio
0.49%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Stryker Corporation (SYK) | $108.06B | 31.17% | 34.49% | 34.66% | 35.91% |
| McKesson Corporation (MCK)vs › | $106.65B | 0.13% | N/A | N/A | N/A |
| Sanofi (SNY)vs › | $104.04B | 0.18% | N/A | N/A | N/A |
| GSK plc (GSK)vs › | $100.28B | 0.30% | N/A | N/A | N/A |
| Medtronic plc (MDT)vs › | $120.07B | 0.30% | N/A | N/A | N/A |
| CVS Health Corp. (CVS)vs › | $121.92B | 0.30% | N/A | N/A | N/A |
| HCA Healthcare, Inc. (HCA)vs › | $92.12B | 0.81% | N/A | N/A | N/A |
| Elevance Health Inc. (ELV)vs › | $92.00B | 0.25% | N/A | N/A | N/A |
| Bristol-Myers Squibb Company (BMY)vs › | $130.94B | 0.49% | N/A | N/A | N/A |
| Vertex Pharmaceuticals Incorporated (VRTX)vs › | $131.85B | 0.07% | N/A | N/A | N/A |
Debt/Assets
31.2%
Debt/Equity
0.62
Current Ratio
2.16
Interest Coverage
8.1x
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 | 31.17% |
| 2026-03-31 | 32.91% |
| 2025-12-31 | 34.19% |
| 2025-09-30 | 37.21% |
| 2025-06-30 | 36.97% |
| 2025-03-31 | 37.73% |
| 2024-12-31 | 32.86% |
| 2024-09-30 | 36.52% |
| 2024-06-30 | 32.57% |
| 2024-03-31 | 34.01% |
| 2023-12-31 | 33.81% |
| 2023-09-30 | 34.67% |
| 2023-06-30 | 35.91% |
| 2023-03-31 | 36.82% |
| 2022-12-31 | 36.67% |
| 2022-09-30 | 36.75% |
| 2022-06-30 | 38.44% |
| 2022-03-31 | 40.40% |
| 2021-12-31 | 37.25% |
| 2021-09-30 | 38.24% |
| 2021-06-30 | 39.04% |
| 2021-03-31 | 40.37% |
| 2020-12-31 | 42.02% |
| 2020-09-30 | 41.93% |
| 2020-06-30 | 42.35% |
| 2020-03-31 | 37.03% |
| 2019-12-31 | 38.04% |
| 2019-09-30 | 32.93% |
| 2019-06-30 | 33.66% |
| 2019-03-31 | 32.66% |
| 2018-12-31 | 36.21% |
| 2018-09-30 | 32.62% |
| 2018-06-30 | 33.39% |
| 2018-03-31 | 35.71% |
| 2017-12-31 | 32.56% |
| 2017-09-30 | 33.63% |
| 2017-06-30 | 34.60% |
| 2017-03-31 | 35.19% |
| 2016-12-31 | 33.83% |
| 2016-09-30 | 33.92% |
| 2016-06-30 | 37.25% |
| 2016-03-31 | 34.10% |
| 2015-12-31 | 20.02% |
| 2015-09-30 | 15.78% |
| 2015-06-30 | 19.28% |
| 2015-03-31 | 19.64% |
| 2014-12-31 | 18.33% |
| 2014-09-30 | 18.45% |
| 2014-06-30 | 18.81% |
| 2014-03-31 | 13.89% |
| 2013-12-31 | 17.40% |
| 2013-09-30 | 18.43% |
| 2013-06-30 | 19.07% |
| 2013-03-31 | 19.43% |
| 2012-12-31 | 12.97% |
| 2012-09-30 | 13.70% |
| 2012-06-30 | 14.27% |
| 2012-03-31 | 14.05% |
| 2011-12-31 | 14.25% |
| 2011-09-30 | 14.52% |
| 2011-06-30 | 8.59% |
| 2011-03-31 | 8.87% |
| 2010-12-31 | 9.38% |
| 2010-09-30 | 9.25% |
| 2010-06-30 | 9.90% |
| 2010-03-31 | 9.86% |
| 2009-12-31 | 0.20% |
| 2009-09-30 | 0.21% |
| 2009-06-30 | 0.24% |
| 2009-03-31 | 0.27% |
| 2008-12-31 | 0.27% |
| 2008-09-30 | 0.28% |
| 2008-06-30 | 0.30% |
| 2008-03-31 | 0.23% |
| 2007-12-31 | 0.23% |
| 2007-09-30 | 0.25% |
| 2007-06-30 | 0.27% |
| 2007-03-31 | 0.25% |
| 2006-12-31 | 0.25% |
| 2006-09-30 | 0.28% |
| 2006-06-30 | 0.28% |
| 2006-03-31 | 2.75% |
| 2005-12-31 | 4.68% |
| 2005-09-30 | 0.20% |
| 2005-06-30 | 0.22% |
| 2005-03-31 | 0.23% |
| 2004-12-31 | 0.24% |
| 2004-09-30 | 0.46% |
| 2004-06-30 | 0.46% |
| 2004-03-31 | 0.49% |
| 2003-12-31 | 0.83% |
| 2003-09-30 | 5.78% |
| 2003-06-30 | 12.16% |
| 2003-03-31 | 15.40% |
| 2002-12-31 | 17.82% |
| 2002-09-30 | 22.65% |
