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 43.77% is 12% below its 5-year average of 49.79%, near the low end of its 5-year range (43.77%–53.64%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.68% below its 12-month average of 46.40%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
43.77%
DEBT TO ASSETS RATIO AVG TTM
46.40%
DEBT TO ASSETS RATIO AVG 3Y
49.00%
DEBT TO ASSETS RATIO AVG 5Y
49.79%
DEBT TO ASSETS RATIO AVG 10Y
43.79%
DEBT TO ASSETS RATIO AVG 15Y
36.47%
DEBT TO ASSETS RATIO AVG 20Y
32.72%
CURRENT VS TTM AVG
-5.68%
CURRENT VS 3Y AVG
-10.67%
CURRENT VS 5Y AVG
-12.09%
CURRENT VS 10Y AVG
-0.04%
CURRENT VS 15Y AVG
+20.02%
CURRENT VS 20Y AVG
+33.76%
SECTOR MEDIAN · INDUSTRIALS
0.27%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+16416.95%
vs the sector median at left
Union Pacific Corporation
Market Cap
$172.16B
Debt to Assets Ratio
43.77%
TTM Avg
46.40%
3Y Avg
49.00%
5Y Avg
49.79%
Market Cap
$167.38B
Debt to Assets Ratio
0.11%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$165.33B
Debt to Assets Ratio
0.38%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$195.60B
Debt to Assets Ratio
0.29%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Union Pacific Corporation (UNP) | $172.16B | 43.77% | 46.40% | 49.00% | 49.79% |
| Rolls-Royce Holdings plc (RYCEY)vs › | $167.38B | 0.11% | N/A | N/A | N/A |
| The Boeing Company (BA)vs › | $167.28B | 0.28% | N/A | N/A | N/A |
| Eaton Corporation plc (ETN)vs › | $165.33B | 0.38% | N/A | N/A | N/A |
| ABB Ltd (ABBNY)vs › | $181.68B | 0.20% | N/A | N/A | N/A |
| Safran S.A. (SAFRY)vs › | $160.08B | 0.08% | N/A | N/A | N/A |
| Deere & Company (DE)vs › | $184.74B | 0.60% | N/A | N/A | N/A |
| Schneider Electric S.E. (SBGSY)vs › | $195.60B | 0.29% | N/A | N/A | N/A |
| Siemens Energy AG (SMEGF)vs › | $146.42B | 0.05% | N/A | N/A | N/A |
| Lockheed Martin Corporation (LMT)vs › | $123.78B | 0.33% | N/A | N/A | N/A |
Debt/Assets
43.8%
Debt/Equity
1.51
Current Ratio
0.99
Interest Coverage
7.5x
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 | 43.77% |
| 2026-03-31 | 45.24% |
| 2025-12-31 | 45.65% |
| 2025-09-30 | 47.85% |
| 2025-06-30 | 49.52% |
| 2025-03-31 | 49.50% |
| 2024-12-31 | 47.94% |
| 2024-09-30 | 48.39% |
| 2024-06-30 | 48.95% |
| 2024-03-31 | 49.45% |
| 2023-12-31 | 50.91% |
| 2023-09-30 | 51.82% |
| 2023-06-30 | 52.80% |
| 2023-03-31 | 53.60% |
| 2022-12-31 | 53.41% |
| 2022-09-30 | 53.64% |
| 2022-06-30 | 52.17% |
| 2022-03-31 | 52.83% |
| 2021-12-31 | 49.57% |
| 2021-09-30 | 49.65% |
| 2021-06-30 | 48.92% |
| 2021-03-31 | 45.55% |
| 2020-12-31 | 45.41% |
| 2020-09-30 | 46.55% |
| 2020-06-30 | 47.31% |
| 2020-03-31 | 47.48% |
| 2019-12-31 | 43.83% |
| 2019-09-30 | 44.62% |
| 2019-06-30 | 44.25% |
| 2019-03-31 | 44.35% |
| 2018-12-31 | 37.86% |
| 2018-09-30 | 37.78% |
| 2018-06-30 | 38.87% |
| 2018-03-31 | 30.43% |
| 2017-12-31 | 29.31% |
| 2017-09-30 | 29.33% |
| 2017-06-30 | 27.90% |
| 2017-03-31 | 26.89% |
| 2016-12-31 | 26.93% |
| 2016-09-30 | 27.73% |
| 2016-06-30 | 27.27% |
| 2016-03-31 | 27.24% |
| 2015-12-31 | 26.01% |
| 2015-09-30 | 24.77% |
| 2015-06-30 | 24.62% |
| 2015-03-31 | 23.14% |
| 2014-12-31 | 21.79% |
| 2014-09-30 | 21.89% |
| 2014-06-30 | 21.03% |
| 2014-03-31 | 19.99% |
| 2013-12-31 | 19.26% |
| 2013-09-30 | 19.31% |
| 2013-06-30 | 20.01% |
| 2013-03-31 | 20.31% |
| 2012-12-31 | 19.08% |
| 2012-09-30 | 20.15% |
| 2012-06-30 | 20.30% |
| 2012-03-31 | 19.49% |
| 2011-12-31 | 19.75% |
| 2011-09-30 | 20.87% |
| 2011-06-30 | 20.30% |
| 2011-03-31 | 21.10% |
| 2010-12-31 | 21.45% |
| 2010-09-30 | 22.60% |
| 2010-06-30 | 22.02% |
| 2010-03-31 | 22.75% |
| 2009-12-31 | 23.35% |
| 2009-09-30 | 23.49% |
| 2009-06-30 | 24.04% |
| 2009-03-31 | 22.87% |
| 2008-12-31 | 22.47% |
| 2008-09-30 | 21.40% |
| 2008-06-30 | 21.22% |
| 2008-03-31 | 21.06% |
| 2007-12-31 | 20.20% |
| 2007-09-30 | 20.68% |
| 2007-06-30 | 19.40% |
| 2007-03-31 | 18.35% |
| 2006-12-31 | 18.57% |
| 2006-09-30 | 19.38% |
| 2006-06-30 | 19.63% |
| 2006-03-31 | 19.99% |
| 2005-12-31 | 20.82% |
| 2005-09-30 | 21.23% |
| 2005-06-30 | 21.94% |
| 2005-03-31 | 23.03% |
| 2004-12-31 | 23.51% |
| 2004-09-30 | 23.72% |
| 2004-06-30 | 23.96% |
| 2004-03-31 | 23.73% |
| 2003-12-31 | 23.88% |
| 2003-09-30 | 24.31% |
| 2003-06-30 | 24.37% |
| 2003-03-31 | 23.36% |
| 2002-12-31 | 23.51% |
| 2002-09-30 | 24.13% |