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 12.56% is 14% above its 5-year average of 11.01%, around the middle of its 5-year range (7.08%–16.21%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.01% above its 12-month average of 12.44%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
12.56%
DEBT TO ASSETS RATIO AVG TTM
12.44%
DEBT TO ASSETS RATIO AVG 3Y
11.84%
DEBT TO ASSETS RATIO AVG 5Y
10.94%
DEBT TO ASSETS RATIO AVG 10Y
11.57%
DEBT TO ASSETS RATIO AVG 15Y
12.41%
DEBT TO ASSETS RATIO AVG 20Y
14.13%
CURRENT VS TTM AVG
+1.01%
CURRENT VS 3Y AVG
+6.09%
CURRENT VS 5Y AVG
+14.83%
CURRENT VS 10Y AVG
+8.58%
CURRENT VS 15Y AVG
+1.27%
CURRENT VS 20Y AVG
-11.09%
SECTOR MEDIAN · FINANCIAL SERVICES
0.11%
median of 95 covered companies
CURRENT VS SECTOR MEDIAN
+11322.19%
vs the sector median at left
Truist Financial Corporation
Market Cap
$66.02B
Debt to Assets Ratio
12.56%
TTM Avg
12.44%
3Y Avg
11.84%
5Y Avg
10.94%
Market Cap
$68.16B
Debt to Assets Ratio
0.20%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$70.13B
Debt to Assets Ratio
0.06%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$71.89B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$76.73B
Debt to Assets Ratio
0.21%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Truist Financial Corporation (TFC) | $66.02B | 12.56% | 12.44% | 11.84% | 10.94% |
| Aflac Incorporated (AFL)vs › | $65.94B | 0.07% | N/A | N/A | N/A |
| Arthur J. Gallagher & Co. (AJG)vs › | $68.16B | 0.20% | N/A | N/A | N/A |
| MetLife, Inc. (MET)vs › | $62.73B | 0.03% | N/A | N/A | N/A |
| The Allstate Corporation (ALL)vs › | $70.13B | 0.06% | N/A | N/A | N/A |
| Nu Holdings Ltd. (NU)vs › | $71.10B | 0.07% | N/A | N/A | N/A |
| Apollo Global Management, Inc. (APO)vs › | $71.89B | 0.03% | N/A | N/A | N/A |
| Brookfield Asset Management Ltd. (BAM)vs › | $76.73B | 0.21% | N/A | N/A | N/A |
| Nasdaq, Inc. (NDAQ)vs › | $53.64B | 0.32% | N/A | N/A | N/A |
| iShares Russell 2000 ETF (IWM)vs › | $79.30B | N/A | N/A | N/A | N/A |
Debt/Assets
12.6%
Debt/Equity
1.07
Current Ratio
0.87
Interest Coverage
0.6x
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 | 12.56% |
| 2026-03-31 | 12.58% |
| 2025-12-31 | 12.75% |
| 2025-09-30 | 13.07% |
| 2025-06-30 | 11.23% |
| 2025-03-31 | 10.40% |
| 2024-12-31 | 11.72% |
| 2024-09-30 | 10.52% |
| 2024-06-30 | 11.05% |
| 2024-03-31 | 12.23% |
| 2023-12-31 | 11.60% |
| 2023-09-30 | 11.84% |
| 2023-06-30 | 12.40% |
| 2023-03-31 | 16.21% |
| 2022-12-31 | 11.72% |
| 2022-09-30 | 10.30% |
| 2022-06-30 | 8.00% |
| 2022-03-31 | 7.08% |
| 2021-12-31 | 7.55% |
| 2021-09-30 | 8.07% |
| 2021-06-30 | 8.28% |
| 2021-03-31 | 8.36% |
| 2020-12-31 | 8.90% |
| 2020-09-30 | 9.37% |
| 2020-06-30 | 9.39% |
| 2020-03-31 | 15.48% |
| 2019-12-31 | 12.45% |
| 2019-09-30 | 15.17% |
| 2019-06-30 | 14.29% |
| 2019-03-31 | 13.63% |
| 2018-12-31 | 12.80% |
| 2018-09-30 | 14.76% |
| 2018-06-30 | 12.42% |
| 2018-03-31 | 12.56% |
| 2017-12-31 | 12.90% |
| 2017-09-30 | 13.06% |
| 2017-06-30 | 12.60% |
| 2017-03-31 | 10.73% |
| 2016-12-31 | 11.30% |
| 2016-09-30 | 11.76% |
| 2016-06-30 | 11.34% |
| 2016-03-31 | 12.38% |
| 2015-12-31 | 14.74% |
| 2015-09-30 | 12.85% |
| 2015-06-30 | 13.97% |
| 2015-03-31 | 13.72% |
| 2014-12-31 | 15.12% |
| 2014-09-30 | 13.55% |
| 2014-06-30 | 13.53% |
| 2014-03-31 | 14.22% |
| 2013-12-31 | 13.77% |
| 2013-09-30 | 13.65% |
| 2013-06-30 | 12.09% |
| 2013-03-31 | 11.62% |
| 2012-12-31 | 11.59% |
| 2012-09-30 | 12.26% |
| 2012-06-30 | 14.43% |
| 2012-03-31 | 14.99% |
| 2011-12-31 | 15.73% |
| 2011-09-30 | 15.57% |
| 2011-06-30 | 17.72% |
| 2011-03-31 | 17.69% |
| 2010-12-31 | 19.89% |
| 2010-09-30 | 14.06% |
| 2010-06-30 | 18.16% |
| 2010-03-31 | 17.38% |
| 2009-12-31 | 20.19% |
| 2009-09-30 | 17.95% |
| 2009-06-30 | 20.17% |
| 2009-03-31 | 22.09% |
| 2008-12-31 | 18.44% |
| 2008-09-30 | 22.92% |
| 2008-06-30 | 22.98% |
| 2008-03-31 | 22.84% |
| 2007-12-31 | 22.00% |
| 2007-09-30 | 22.69% |
| 2007-06-30 | 21.73% |
| 2007-03-31 | 21.95% |
| 2006-12-31 | 19.77% |
| 2006-09-30 | 19.74% |
| 2006-06-30 | 18.91% |
| 2006-03-31 | 17.63% |
| 2005-12-31 | 18.05% |
| 2005-09-30 | 17.66% |
| 2005-06-30 | 18.04% |
| 2005-03-31 | 19.88% |
| 2004-12-31 | 18.02% |
| 2004-09-30 | 17.99% |
| 2004-06-30 | 17.21% |
| 2004-03-31 | 17.37% |
| 2003-12-31 | 20.05% |
| 2003-09-30 | 17.85% |
| 2003-06-30 | 21.70% |
| 2003-03-31 | 22.34% |
| 2002-12-31 | 23.67% |
| 2002-09-30 | 23.26% |
