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 17.60% is in line with its 5-year average of 17.64%, around the middle of its 5-year range (11.62%–27.82%).
As of the fiscal period ended Tuesday, June 30, 2026. 28.98% above its 12-month average of 13.65%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
17.60%
DEBT TO ASSETS RATIO AVG TTM
13.65%
DEBT TO ASSETS RATIO AVG 3Y
16.55%
DEBT TO ASSETS RATIO AVG 5Y
17.64%
DEBT TO ASSETS RATIO AVG 10Y
21.05%
DEBT TO ASSETS RATIO AVG 15Y
22.39%
DEBT TO ASSETS RATIO AVG 20Y
22.61%
CURRENT VS TTM AVG
+28.98%
CURRENT VS 3Y AVG
+6.37%
CURRENT VS 5Y AVG
-0.22%
CURRENT VS 10Y AVG
-16.38%
CURRENT VS 15Y AVG
-21.39%
CURRENT VS 20Y AVG
-22.14%
SECTOR MEDIAN · INDUSTRIALS
0.28%
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
+6185.90%
vs the sector median at left
Thomson Reuters Corporation
Market Cap
$46.37B
Debt to Assets Ratio
17.60%
TTM Avg
13.65%
3Y Avg
16.55%
5Y Avg
17.64%
Market Cap
$47.94B
Debt to Assets Ratio
0.33%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$48.42B
Debt to Assets Ratio
0.25%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$48.46B
Debt to Assets Ratio
0.33%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$48.94B
Debt to Assets Ratio
0.26%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Thomson Reuters Corporation (TRI) | $46.37B | 17.60% | 13.65% | 16.55% | 17.64% |
| HEICO Corporation (HEI)vs › | $46.89B | 0.26% | N/A | N/A | N/A |
| Paychex, Inc. (PAYX)vs › | $45.19B | 0.29% | N/A | N/A | N/A |
| Rockwell Automation, Inc. (ROK)vs › | $47.94B | 0.33% | N/A | N/A | N/A |
| HEICO Corporation (HEI-A)vs › | $48.16B | N/A | N/A | N/A | N/A |
| Axon Enterprise, Inc. (AXON)vs › | $48.42B | 0.25% | N/A | N/A | N/A |
| Ferguson plc (FERG)vs › | $44.31B | 0.33% | N/A | N/A | N/A |
| Carrier Global Corporation (CARR)vs › | $48.46B | 0.33% | N/A | N/A | N/A |
| L3Harris Technologies, Inc. (LHX)vs › | $48.94B | 0.26% | N/A | N/A | N/A |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $49.36B | 0.30% | N/A | N/A | N/A |
Debt/Assets
17.6%
Debt/Equity
0.29
Current Ratio
0.51
Interest Coverage
10.9x
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 | 17.60% |
| 2026-03-31 | 13.64% |
| 2025-12-31 | 11.81% |
| 2025-09-30 | 13.55% |
| 2025-06-30 | 11.62% |
| 2025-03-31 | 15.22% |
| 2024-12-31 | 16.68% |
| 2024-09-30 | 17.10% |
| 2024-06-30 | 16.92% |
| 2024-03-31 | 21.76% |
| 2023-12-31 | 18.96% |
| 2023-09-30 | 23.68% |
| 2023-06-30 | 27.82% |
| 2023-03-31 | 22.07% |
| 2022-12-31 | 23.01% |
| 2022-09-30 | 20.30% |
| 2022-06-30 | 18.66% |
| 2022-03-31 | 17.79% |
| 2021-12-31 | 18.27% |
| 2021-09-30 | 17.53% |
| 2021-06-30 | 16.60% |
| 2021-03-31 | 17.11% |
| 2020-12-31 | 22.81% |
| 2020-09-30 | 21.83% |
| 2020-06-30 | 22.59% |
| 2020-03-31 | 22.45% |
| 2019-12-31 | 20.68% |
| 2019-09-30 | 20.20% |
| 2019-06-30 | 19.65% |
| 2019-03-31 | 19.58% |
| 2018-12-31 | 18.87% |
| 2018-09-30 | 26.48% |
| 2018-06-30 | 27.92% |
| 2018-03-31 | 26.35% |
| 2017-12-31 | 26.54% |
| 2017-09-30 | 26.55% |
| 2017-06-30 | 26.56% |
| 2017-03-31 | 26.75% |
| 2016-12-31 | 26.53% |
| 2016-09-30 | 32.25% |
| 2016-06-30 | 30.67% |
| 2016-03-31 | 30.71% |
| 2015-12-31 | 28.95% |
| 2015-09-30 | 29.24% |
| 2015-06-30 | 28.43% |
| 2015-03-31 | 27.98% |
| 2014-12-31 | 26.51% |
| 2014-09-30 | 28.20% |
| 2014-06-30 | 25.52% |
| 2014-03-31 | 25.17% |
| 2013-12-31 | 24.87% |
| 2013-09-30 | 22.04% |
| 2013-06-30 | 24.45% |
| 2013-03-31 | 23.44% |
| 2012-12-31 | 22.20% |
| 2012-09-30 | 22.56% |
| 2012-06-30 | 22.45% |
| 2012-03-31 | 23.55% |
| 2011-12-31 | 23.38% |
| 2011-09-30 | 22.14% |
| 2011-06-30 | 21.09% |
| 2011-03-31 | 21.45% |
| 2010-12-31 | 21.16% |
| 2010-09-30 | 23.25% |
| 2010-06-30 | 21.65% |
| 2010-03-31 | 22.73% |
| 2009-12-31 | 21.99% |
| 2009-09-30 | 24.10% |
| 2009-06-30 | 22.50% |
| 2009-03-31 | 22.49% |
| 2008-12-31 | 21.60% |
| 2008-09-30 | 22.96% |
| 2008-06-30 | 22.22% |
| 2008-03-31 | 26.29% |
| 2007-12-31 | 21.28% |
| 2007-09-30 | 16.69% |
| 2007-06-30 | 21.18% |
| 2007-03-31 | 22.59% |
| 2006-12-31 | 21.25% |
| 2006-09-30 | 23.16% |
| 2006-06-30 | 22.93% |
| 2006-03-31 | 23.18% |
| 2005-12-31 | 21.85% |
| 2005-09-30 | 23.00% |
| 2005-06-30 | 22.62% |
| 2005-03-31 | 22.91% |
| 2004-12-31 | 21.97% |
| 2004-09-30 | 23.07% |
| 2004-06-30 | 24.28% |
| 2004-03-31 | 22.93% |
| 2003-12-31 | 22.78% |
| 2003-09-30 | 25.06% |
| 2003-06-30 | 25.75% |
| 2003-03-31 | 23.27% |
| 2002-12-31 | 22.23% |
| 2002-09-30 | 24.37% |
