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 20.98% is 14% below its 5-year average of 24.33%, near the low end of its 5-year range (20.98%–27.45%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.18% below its 12-month average of 21.90%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 20.98%.
DEBT TO ASSETS RATIO
20.98%
DEBT TO ASSETS RATIO AVG TTM
21.90%
DEBT TO ASSETS RATIO AVG 3Y
23.88%
DEBT TO ASSETS RATIO AVG 5Y
24.33%
DEBT TO ASSETS RATIO AVG 10Y
25.62%
DEBT TO ASSETS RATIO AVG 15Y
26.81%
DEBT TO ASSETS RATIO AVG 20Y
30.73%
CURRENT VS TTM AVG
-4.18%
CURRENT VS 3Y AVG
-12.13%
CURRENT VS 5Y AVG
-13.75%
CURRENT VS 10Y AVG
-18.11%
CURRENT VS 15Y AVG
-21.73%
CURRENT VS 20Y AVG
-31.72%
SECTOR MEDIAN · INDUSTRIALS
0.27%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+7817.99%
vs the sector median at left
Textron Inc.
Market Cap
$13.39B
Debt to Assets Ratio
20.98%
TTM Avg
21.90%
3Y Avg
23.88%
5Y Avg
24.33%
Market Cap
$13.24B
Debt to Assets Ratio
0.46%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$13.91B
Debt to Assets Ratio
0.24%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$12.85B
Debt to Assets Ratio
0.45%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$12.19B
Debt to Assets Ratio
0.16%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$12.14B
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 |
|---|---|---|---|---|---|
| Textron Inc. (TXT) | $13.39B | 20.98% | 21.90% | 23.88% | 24.33% |
| Watsco, Inc. (WSO)vs › | $13.41B | 0.11% | N/A | N/A | N/A |
| BWX Technologies, Inc. (BWXT)vs › | $13.24B | 0.46% | N/A | N/A | N/A |
| Allegion plc (ALLE)vs › | $13.09B | 0.38% | N/A | N/A | N/A |
| Stanley Black & Decker, Inc. (SWK)vs › | $13.91B | 0.24% | N/A | N/A | N/A |
| Lennox International Inc. (LII)vs › | $12.85B | 0.45% | N/A | N/A | N/A |
| Graco Inc. (GGG)vs › | $12.57B | 0.01% | N/A | N/A | N/A |
| Applied Industrial Technologies, Inc. (AIT)vs › | $12.19B | 0.16% | N/A | N/A | N/A |
| Generac Holdings Inc. (GNRC)vs › | $12.14B | 0.26% | N/A | N/A | N/A |
| Crane Company (CR)vs › | $11.68B | 0.28% | N/A | N/A | N/A |
Debt/Assets
21.0%
Debt/Equity
0.52
Current Ratio
1.52
Interest Coverage
12.9x
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 | 20.98% |
| 2026-04-04 | 21.37% |
| 2026-01-03 | 21.39% |
| 2025-09-27 | 23.85% |
| 2025-06-28 | 23.93% |
| 2025-03-29 | 24.21% |
| 2024-12-28 | 23.51% |
| 2024-09-28 | 24.06% |
| 2024-06-29 | 24.12% |
| 2024-03-30 | 23.81% |
| 2023-12-31 | 25.24% |
| 2023-09-30 | 23.67% |
| 2023-07-01 | 23.74% |
| 2023-04-01 | 23.99% |
| 2022-12-31 | 24.16% |
| 2022-10-01 | 24.63% |
| 2022-07-02 | 24.76% |
| 2022-04-02 | 25.32% |
| 2021-12-31 | 26.21% |
| 2021-10-02 | 27.28% |
| 2021-07-03 | 27.45% |
| 2021-04-03 | 29.08% |
| 2020-12-31 | 30.66% |
| 2020-10-03 | 31.50% |
| 2020-07-04 | 32.27% |
| 2020-04-04 | 33.29% |
| 2019-12-31 | 27.24% |
| 2019-09-28 | 29.59% |
| 2019-06-29 | 29.54% |
| 2019-03-30 | 28.94% |
| 2018-12-31 | 26.53% |
| 2018-09-29 | 26.35% |
| 2018-06-30 | 26.71% |
| 2018-03-31 | 26.18% |
| 2017-12-31 | 25.50% |
| 2017-09-30 | 26.98% |
| 2017-07-01 | 25.38% |
| 2017-04-01 | 26.21% |
| 2016-12-31 | 23.96% |
| 2016-10-01 | 25.20% |
| 2016-07-02 | 26.02% |
| 2016-04-02 | 26.47% |
| 2015-12-31 | 24.54% |
| 2015-10-03 | 25.32% |
| 2015-07-04 | 25.98% |
| 2015-04-04 | 26.09% |
| 2014-12-31 | 26.53% |
| 2014-09-27 | 26.92% |
| 2014-06-28 | 28.13% |
| 2014-03-29 | 29.89% |
| 2013-12-31 | 24.62% |
| 2013-09-28 | 26.48% |
| 2013-06-29 | 29.01% |
| 2013-03-30 | 29.73% |
| 2012-12-31 | 30.59% |
| 2012-09-29 | 31.17% |
| 2012-06-30 | 31.57% |
| 2012-03-31 | 32.48% |
| 2011-12-31 | 32.56% |
| 2011-10-01 | 35.55% |
| 2011-07-02 | 38.84% |
| 2011-04-20 | 40.45% |
| 2010-12-31 | 39.01% |
| 2010-10-22 | 39.77% |
| 2010-07-03 | 42.53% |
| 2010-04-03 | 46.15% |
| 2009-12-31 | 48.84% |
| 2009-10-16 | 52.24% |
| 2009-05-27 | 52.49% |
| 2009-04-24 | 52.78% |
| 2008-12-31 | 49.74% |
| 2008-09-27 | 48.02% |
| 2008-06-30 | 10.63% |
| 2008-03-31 | 48.74% |
| 2007-12-31 | 47.39% |
| 2007-09-29 | 46.34% |
| 2007-06-30 | 48.18% |
| 2007-03-31 | 49.49% |
| 2006-12-31 | 49.36% |
| 2006-09-30 | 48.23% |
| 2006-07-26 | 46.78% |
| 2006-04-01 | 45.20% |
| 2005-12-31 | 44.57% |
| 2005-10-01 | 43.25% |
| 2005-07-02 | 41.89% |
| 2005-04-02 | 42.59% |
| 2004-12-31 | 41.28% |
| 2004-10-02 | 11.17% |
| 2004-07-03 | 41.16% |
| 2004-04-03 | 41.63% |
| 2003-12-31 | 42.64% |
| 2003-09-27 | 44.31% |
