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 37.59% is in line with its 5-year average of 38.03%, around the middle of its 5-year range (28.37%–41.90%).
As of the fiscal period ended Tuesday, March 31, 2026. 1.69% below its 12-month average of 38.24%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
37.59%
DEBT TO ASSETS RATIO AVG TTM
38.24%
DEBT TO ASSETS RATIO AVG 3Y
39.47%
DEBT TO ASSETS RATIO AVG 5Y
39.58%
DEBT TO ASSETS RATIO AVG 10Y
38.13%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-1.69%
CURRENT VS 3Y AVG
-4.75%
CURRENT VS 5Y AVG
-5.02%
CURRENT VS 10Y AVG
-1.41%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · REAL ESTATE
0.45%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+8253.65%
vs the sector median at left
VICI Properties Inc.
Market Cap
$28.58B
Debt to Assets Ratio
37.59%
TTM Avg
38.24%
3Y Avg
39.47%
5Y Avg
39.58%
Market Cap
$26.94B
Debt to Assets Ratio
0.42%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$31.21B
Debt to Assets Ratio
0.51%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$38.18B
Debt to Assets Ratio
0.90%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$18.86B
Debt to Assets Ratio
0.52%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$18.41B
Debt to Assets Ratio
1.32%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$17.69B
Debt to Assets Ratio
0.45%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| VICI Properties Inc. (VICI) | $28.58B | 37.59% | 38.24% | 39.47% | 39.58% |
| AvalonBay Communities, Inc. (AVB)vs › | $26.94B | 0.42% | N/A | N/A | N/A |
| Extra Space Storage Inc. (EXR)vs › | $31.21B | 0.51% | N/A | N/A | N/A |
| Equity Residential (EQR)vs › | $25.44B | 0.42% | N/A | N/A | N/A |
| Crown Castle Inc. (CCI)vs › | $32.73B | 0.94% | N/A | N/A | N/A |
| Iron Mountain Incorporated (IRM)vs › | $38.18B | 0.90% | N/A | N/A | N/A |
| Essex Property Trust, Inc. (ESS)vs › | $18.86B | 0.52% | N/A | N/A | N/A |
| SBA Communications Corporation (SBAC)vs › | $18.41B | 1.32% | N/A | N/A | N/A |
| Invitation Homes Inc. (INVH)vs › | $17.69B | 0.45% | N/A | N/A | N/A |
| Kimco Realty Corporation (KIM)vs › | $17.60B | 0.44% | N/A | N/A | N/A |
Debt/Assets
37.6%
Debt/Equity
0.64
Current Ratio
26.68
Interest Coverage
4.5x
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 |
|---|---|
| 2026-03-31 | 37.59% |
| 2025-12-31 | 37.86% |
| 2025-09-30 | 37.99% |
| 2025-06-30 | 38.73% |
| 2025-03-31 | 39.02% |
| 2024-12-31 | 38.90% |
| 2024-09-30 | 39.29% |
| 2024-06-30 | 39.62% |
| 2024-03-31 | 39.89% |
| 2023-12-31 | 40.01% |
| 2023-09-30 | 40.95% |
| 2023-06-30 | 41.30% |
| 2023-03-31 | 41.90% |
| 2022-12-31 | 38.77% |
| 2022-09-30 | 39.03% |
| 2022-06-30 | 39.04% |
| 2022-03-31 | 29.45% |
| 2021-12-31 | 28.37% |
| 2021-09-30 | 28.43% |
| 2021-06-30 | 41.08% |
| 2021-03-31 | 41.39% |
| 2020-12-31 | 41.42% |
| 2020-09-30 | 41.92% |
| 2020-06-30 | 41.68% |
| 2020-03-31 | 45.49% |
| 2019-12-31 | 36.32% |
| 2019-09-30 | 32.95% |
| 2019-06-30 | 33.03% |
| 2019-03-31 | 36.11% |
| 2018-12-31 | 36.37% |
| 2018-09-30 | 58.61% |
| 2018-06-30 | 58.61% |
| 2018-03-31 | 59.03% |
| 2017-12-31 | 52.22% |
| 2017-09-30 | 0.00% |
| 2017-06-30 | 0.00% |
| 2017-03-31 | 0.00% |
| 2016-12-31 | 0.02% |
