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 13.23% is 25% above its 5-year average of 10.59%, near the high end of its 5-year range (7.66%–14.50%).
As of the fiscal period ended Tuesday, June 30, 2026. 13.01% above its 12-month average of 11.70%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
13.23%
DEBT TO ASSETS RATIO AVG TTM
11.70%
DEBT TO ASSETS RATIO AVG 3Y
10.88%
DEBT TO ASSETS RATIO AVG 5Y
10.40%
DEBT TO ASSETS RATIO AVG 10Y
10.86%
DEBT TO ASSETS RATIO AVG 15Y
12.44%
DEBT TO ASSETS RATIO AVG 20Y
15.01%
CURRENT VS TTM AVG
+13.01%
CURRENT VS 3Y AVG
+21.58%
CURRENT VS 5Y AVG
+27.23%
CURRENT VS 10Y AVG
+21.73%
CURRENT VS 15Y AVG
+6.31%
CURRENT VS 20Y AVG
-11.91%
SECTOR MEDIAN · FINANCIAL SERVICES
0.11%
median of 95 covered companies
CURRENT VS SECTOR MEDIAN
+11923.40%
vs the sector median at left
U.S. Bancorp
Market Cap
$100.36B
Debt to Assets Ratio
13.23%
TTM Avg
11.70%
3Y Avg
10.88%
5Y Avg
10.40%
Market Cap
$100.39B
Debt to Assets Ratio
0.10%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$97.40B
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$94.64B
Debt to Assets Ratio
0.60%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$107.43B
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$91.72B
Debt to Assets Ratio
0.37%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$86.37B
Debt to Assets Ratio
0.15%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| U.S. Bancorp (USB) | $100.36B | 13.23% | 11.70% | 10.88% | 10.40% |
| The PNC Financial Services Group, Inc. (PNC)vs › | $100.39B | 0.10% | N/A | N/A | N/A |
| The Bank of New York Mellon Corporation (BK)vs › | $97.40B | 0.07% | N/A | N/A | N/A |
| Brookfield Corporation (BN)vs › | $94.64B | 0.60% | N/A | N/A | N/A |
| CME Group Inc. (CME)vs › | $94.21B | 0.02% | N/A | N/A | N/A |
| Bank of New York Mellon Corp (BNY)vs › | $107.43B | 0.07% | N/A | N/A | N/A |
| KKR & Co. Inc. (KKR)vs › | $92.18B | 0.13% | N/A | N/A | N/A |
| Marsh & McLennan Companies, Inc. (MRSH)vs › | $91.72B | 0.37% | N/A | N/A | N/A |
| Intercontinental Exchange, Inc. (ICE)vs › | $86.37B | 0.15% | N/A | N/A | N/A |
| Moody's Corporation (MCO)vs › | $83.86B | 0.46% | N/A | N/A | N/A |
Debt/Assets
13.2%
Debt/Equity
1.20
Current Ratio
0.26
Interest Coverage
0.7x
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 | 13.23% |
| 2026-03-31 | 11.30% |
| 2025-12-31 | 11.26% |
| 2025-09-30 | 11.21% |
| 2025-06-30 | 11.52% |
| 2025-03-31 | 11.38% |
| 2024-12-31 | 10.84% |
| 2024-09-30 | 11.44% |
| 2024-06-30 | 10.19% |
| 2024-03-31 | 10.21% |
| 2023-12-31 | 10.06% |
| 2023-09-30 | 9.73% |
| 2023-06-30 | 11.40% |
| 2023-03-31 | 14.50% |
| 2022-12-31 | 10.53% |
| 2022-09-30 | 9.53% |
| 2022-06-30 | 9.19% |
| 2022-03-31 | 9.20% |
| 2021-12-31 | 7.66% |
| 2021-09-30 | 9.12% |
| 2021-06-30 | 8.91% |
| 2021-03-31 | 8.95% |
| 2020-12-31 | 9.58% |
| 2020-09-30 | 10.39% |
| 2020-06-30 | 11.56% |
| 2020-03-31 | 14.49% |
| 2019-12-31 | 12.90% |
| 2019-09-30 | 11.45% |
| 2019-06-30 | 11.63% |
| 2019-03-31 | 11.79% |
| 2018-12-31 | 11.87% |
| 2018-09-30 | 13.94% |
| 2018-06-30 | 11.99% |
| 2018-03-31 | 11.06% |
| 2017-12-31 | 10.59% |
| 2017-09-30 | 10.97% |
| 2017-06-30 | 11.26% |
| 2017-03-31 | 10.71% |
| 2016-12-31 | 10.60% |
| 2016-09-30 | 11.82% |
| 2016-06-30 | 12.63% |
| 2016-03-31 | 13.68% |
| 2015-12-31 | 14.44% |
| 2015-09-30 | 14.29% |
| 2015-06-30 | 14.78% |
| 2015-03-31 | 15.44% |
| 2014-12-31 | 15.44% |
| 2014-09-30 | 15.54% |
| 2014-06-30 | 14.13% |
| 2014-03-31 | 14.69% |
| 2013-12-31 | 13.09% |
| 2013-09-30 | 12.44% |
| 2013-06-30 | 12.99% |
| 2013-03-31 | 14.73% |
| 2012-12-31 | 14.64% |
| 2012-09-30 | 15.36% |
| 2012-06-30 | 16.85% |
| 2012-03-31 | 16.98% |
| 2011-12-31 | 18.35% |
| 2011-09-30 | 18.98% |
| 2011-06-30 | 19.47% |
| 2011-03-31 | 20.16% |
| 2010-12-31 | 20.82% |
| 2010-09-30 | 22.26% |
| 2010-06-30 | 22.22% |
| 2010-03-31 | 22.52% |
| 2009-12-31 | 22.72% |
| 2009-09-30 | 23.17% |
| 2009-06-30 | 25.94% |
| 2009-03-31 | 24.59% |
| 2008-12-31 | 27.21% |
| 2008-09-30 | 31.38% |
| 2008-06-30 | 32.88% |
| 2008-03-31 | 30.04% |
| 2007-12-31 | 31.90% |
| 2007-09-30 | 32.56% |
| 2007-06-30 | 32.85% |
| 2007-03-31 | 33.06% |
| 2006-12-31 | 29.44% |
| 2006-09-30 | 30.44% |
| 2006-06-30 | 29.30% |
| 2006-03-31 | 28.57% |
| 2005-12-31 | 27.34% |
| 2005-09-30 | 28.67% |
| 2005-06-30 | 27.07% |
| 2005-03-31 | 26.37% |
| 2004-12-31 | 24.51% |
| 2004-09-30 | 26.27% |
| 2004-06-30 | 23.79% |
| 2004-03-31 | 24.47% |
| 2003-12-31 | 23.57% |
| 2003-09-30 | 23.55% |
| 2003-06-30 | 21.25% |
| 2003-03-31 | 22.84% |
| 2002-12-31 | 21.88% |
| 2002-09-30 | 24.23% |