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 64.61% is in line with its 5-year average of 59.69%, near the high end of its 5-year range (6.17%–66.55%).
As of the fiscal period ended Tuesday, March 31, 2026. 1.23% below its 12-month average of 65.41%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
64.61%
DEBT TO ASSETS RATIO AVG TTM
65.41%
DEBT TO ASSETS RATIO AVG 3Y
65.61%
DEBT TO ASSETS RATIO AVG 5Y
65.45%
DEBT TO ASSETS RATIO AVG 10Y
49.50%
DEBT TO ASSETS RATIO AVG 15Y
47.47%
DEBT TO ASSETS RATIO AVG 20Y
45.35%
CURRENT VS TTM AVG
-1.23%
CURRENT VS 3Y AVG
-1.53%
CURRENT VS 5Y AVG
-1.28%
CURRENT VS 10Y AVG
+30.51%
CURRENT VS 15Y AVG
+36.11%
CURRENT VS 20Y AVG
+42.47%
SECTOR MEDIAN · INDUSTRIALS
0.27%
median of 131 covered companies
CURRENT VS SECTOR MEDIAN
+23828.89%
vs the sector median at left
Trinity Industries, Inc.
Market Cap
$2.86B
Debt to Assets Ratio
64.61%
TTM Avg
65.41%
3Y Avg
65.61%
5Y Avg
65.45%
Market Cap
$2.30B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.19B
Debt to Assets Ratio
0.26%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.86B
Debt to Assets Ratio
0.28%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.14B
Debt to Assets Ratio
0.29%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.39B
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Trinity Industries, Inc. (TRN) | $2.86B | 64.61% | 65.41% | 65.61% | 65.45% |
| Teekay Tankers Ltd. (TNK)vs › | $2.72B | 0.02% | N/A | N/A | N/A |
| NuScale Power Corporation (SMR)vs › | $2.30B | 0.00% | N/A | N/A | N/A |
| Werner Enterprises, Inc. (WERN)vs › | $2.19B | 0.26% | N/A | N/A | N/A |
| Enerpac Tool Group Corp. (EPAC)vs › | $1.86B | 0.28% | N/A | N/A | N/A |
| Griffon Corporation (GFF)vs › | $3.99B | 0.77% | N/A | N/A | N/A |
| Primoris Services Corporation (PRIM)vs › | $4.14B | 0.29% | N/A | N/A | N/A |
| Preformed Line Products Company (PLPC)vs › | $1.39B | 0.07% | N/A | N/A | N/A |
| Upwork Inc. (UPWK)vs › | $1.18B | 0.29% | N/A | N/A | N/A |
| KBR, Inc. (KBR)vs › | $4.54B | 0.47% | N/A | N/A | N/A |
Debt/Assets
64.6%
Debt/Equity
5.05
Current Ratio
2.12
Interest Coverage
1.3x
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 |
|---|---|
| 2026-03-31 | 64.61% |
| 2025-12-31 | 64.60% |
| 2025-09-30 | 66.55% |
| 2025-06-30 | 66.48% |
| 2025-03-31 | 64.82% |
| 2024-12-31 | 65.72% |
| 2024-09-30 | 65.73% |
| 2024-06-30 | 65.22% |
| 2024-03-31 | 65.92% |
| 2023-12-31 | 65.93% |
| 2023-09-30 | 65.66% |
| 2023-06-30 | 65.88% |
| 2023-03-31 | 65.83% |
| 2022-12-31 | 65.59% |
| 2022-09-30 | 65.19% |
| 2022-06-30 | 65.66% |
| 2022-03-31 | 64.58% |
| 2021-12-31 | 64.07% |
| 2021-09-30 | 62.30% |
| 2021-06-30 | 6.92% |
| 2021-03-31 | 6.17% |
| 2020-12-31 | 58.73% |
| 2020-09-30 | 57.61% |
| 2020-06-30 | 7.73% |
| 2020-03-31 | 6.92% |
| 2019-12-31 | 56.62% |
| 2019-09-30 | 54.21% |
| 2019-06-30 | 53.82% |
| 2019-03-31 | 53.08% |
| 2018-12-31 | 50.43% |
| 2018-09-30 | 34.83% |
| 2018-06-30 | 34.50% |
| 2018-03-31 | 34.01% |
| 2017-12-31 | 33.98% |
| 2017-09-30 | 34.25% |
| 2017-06-30 | 34.60% |
| 2017-03-31 | 33.20% |
| 2016-12-31 | 33.50% |
| 2016-09-30 | 34.01% |
| 2016-06-30 | 34.64% |
| 2016-03-31 | 35.59% |
| 2015-12-31 | 35.96% |
| 2015-09-30 | 37.30% |
| 2015-06-30 | 38.70% |
| 2015-03-31 | 39.96% |
| 2014-12-31 | 40.68% |
| 2014-09-30 | 42.08% |
| 2014-06-30 | 40.46% |
| 2014-03-31 | 38.79% |
| 2013-12-31 | 40.88% |
| 2013-09-30 | 41.62% |
| 2013-06-30 | 41.80% |
| 2013-03-31 | 44.24% |
| 2012-12-31 | 45.80% |
| 2012-09-30 | 46.39% |
| 2012-06-30 | 46.96% |
| 2012-03-31 | 47.76% |
| 2011-12-31 | 48.60% |
| 2011-09-30 | 49.41% |
| 2011-06-30 | 49.12% |
| 2011-03-31 | 49.26% |
| 2010-12-31 | 50.48% |
| 2010-09-30 | 49.73% |
| 2010-06-30 | 50.44% |
| 2010-03-31 | 50.87% |
| 2009-12-31 | 39.63% |
| 2009-09-30 | 38.87% |
| 2009-06-30 | 39.38% |
| 2009-03-31 | 35.98% |
| 2008-12-31 | 38.77% |
| 2008-09-30 | 37.24% |
| 2008-06-30 | 37.16% |
| 2008-03-31 | 34.46% |
| 2007-12-31 | 33.99% |
| 2007-09-30 | 34.90% |
| 2007-06-30 | 35.07% |
| 2007-03-31 | 35.69% |
| 2006-12-31 | 35.00% |
| 2006-09-30 | 35.92% |
| 2006-06-30 | 36.39% |
| 2006-03-31 | 27.87% |
| 2005-12-31 | 26.64% |
| 2005-09-30 | 26.13% |
| 2005-06-30 | 25.74% |
| 2005-03-31 | 24.87% |
| 2004-12-31 | 23.44% |
| 2004-09-30 | 23.96% |
| 2004-06-30 | 28.14% |
| 2004-03-31 | 26.97% |
| 2003-12-31 | 19.68% |
| 2003-09-30 | 25.79% |
| 2003-06-30 | 23.97% |
| 2003-03-31 | 25.61% |
| 2002-12-31 | 25.16% |
| 2002-09-30 | 25.30% |
| 2002-06-30 | 23.55% |
