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 17.55% is in line with its 5-year average of 18.88%, near the low end of its 5-year range (16.88%–26.47%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.81% below its 12-month average of 18.44%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
17.55%
DEBT TO ASSETS RATIO AVG TTM
18.44%
DEBT TO ASSETS RATIO AVG 3Y
18.05%
DEBT TO ASSETS RATIO AVG 5Y
18.88%
DEBT TO ASSETS RATIO AVG 10Y
18.86%
DEBT TO ASSETS RATIO AVG 15Y
17.73%
DEBT TO ASSETS RATIO AVG 20Y
18.00%
CURRENT VS TTM AVG
-4.81%
CURRENT VS 3Y AVG
-2.74%
CURRENT VS 5Y AVG
-7.06%
CURRENT VS 10Y AVG
-6.96%
CURRENT VS 15Y AVG
-0.99%
CURRENT VS 20Y AVG
-2.47%
SECTOR MEDIAN · ENERGY
0.22%
median of 49 covered companies
CURRENT VS SECTOR MEDIAN
+7877.73%
vs the sector median at left
Valero Energy Corporation
Market Cap
$110.24B
Debt to Assets Ratio
17.55%
TTM Avg
18.44%
3Y Avg
18.05%
5Y Avg
18.88%
Market Cap
$106.80B
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$116.20B
Debt to Assets Ratio
0.36%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$91.98B
Debt to Assets Ratio
0.51%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$84.58B
Debt to Assets Ratio
0.42%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Valero Energy Corporation (VLO) | $110.24B | 17.55% | 18.44% | 18.05% | 18.88% |
| Canadian Natural Resources Limited (CNQ)vs › | $106.80B | 0.18% | N/A | N/A | N/A |
| Phillips 66 (PSX)vs › | $104.30B | 0.25% | N/A | N/A | N/A |
| Marathon Petroleum Corporation (MPC)vs › | $116.20B | 0.36% | N/A | N/A | N/A |
| The Williams Companies, Inc. (WMB)vs › | $91.98B | 0.51% | N/A | N/A | N/A |
| Slb N.V. (SLB)vs › | $85.13B | 0.23% | N/A | N/A | N/A |
| Enterprise Products Partners L.P. (EPD)vs › | $84.58B | 0.42% | N/A | N/A | N/A |
| Suncor Energy Inc. (SU)vs › | $80.36B | 0.15% | N/A | N/A | N/A |
| Eni S.p.A. (E)vs › | $79.49B | 0.25% | N/A | N/A | N/A |
| EOG Resources, Inc. (EOG)vs › | $77.53B | 0.15% | N/A | N/A | N/A |
Debt/Assets
17.6%
Debt/Equity
0.45
Current Ratio
1.64
Interest Coverage
7.8x
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 | 17.55% |
| 2026-03-31 | 18.49% |
| 2025-12-31 | 20.18% |
| 2025-09-30 | 18.05% |
| 2025-06-30 | 17.91% |
| 2025-03-31 | 18.34% |
| 2024-12-31 | 19.19% |
| 2024-09-30 | 17.90% |
| 2024-06-30 | 16.88% |
| 2024-03-31 | 17.41% |
| 2023-12-31 | 20.04% |
| 2023-09-30 | 18.11% |
| 2023-06-30 | 18.66% |
| 2023-03-31 | 19.00% |
| 2022-12-31 | 20.86% |
| 2022-09-30 | 19.51% |
| 2022-06-30 | 20.02% |
| 2022-03-31 | 21.79% |
| 2021-12-31 | 26.13% |
| 2021-09-30 | 26.02% |
| 2021-06-30 | 26.47% |
| 2021-03-31 | 27.35% |
| 2020-12-31 | 30.61% |
| 2020-09-30 | 29.41% |
| 2020-06-30 | 25.82% |
| 2020-03-31 | 24.00% |
| 2019-12-31 | 20.35% |
| 2019-09-30 | 18.68% |
| 2019-06-30 | 18.24% |
| 2019-03-31 | 19.42% |
| 2018-12-31 | 18.16% |
| 2018-09-30 | 17.49% |
| 2018-06-30 | 17.88% |
| 2018-03-31 | 21.75% |
| 2017-12-31 | 17.69% |
| 2017-09-30 | 17.68% |
| 2017-06-30 | 18.46% |
| 2017-03-31 | 18.44% |
| 2016-12-31 | 17.33% |
| 2016-09-30 | 19.35% |
| 2016-06-30 | 16.52% |
| 2016-03-31 | 16.57% |
| 2015-12-31 | 16.54% |
| 2015-09-30 | 16.11% |
| 2015-06-30 | 15.44% |
| 2015-03-31 | 16.23% |
| 2014-12-31 | 14.02% |
| 2014-09-30 | 13.17% |
| 2014-06-30 | 13.58% |
| 2014-03-31 | 13.94% |
| 2013-12-31 | 13.89% |
| 2013-09-30 | 14.18% |
| 2013-06-30 | 14.86% |
| 2013-03-31 | 15.10% |
| 2012-12-31 | 15.85% |
| 2012-09-30 | 16.09% |
| 2012-06-30 | 17.10% |
| 2012-03-31 | 17.83% |
| 2011-12-31 | 33.83% |
| 2011-09-30 | 18.35% |
| 2011-06-30 | 19.29% |
| 2011-03-31 | 19.77% |
| 2010-12-31 | 22.16% |
| 2010-09-30 | 21.56% |
| 2010-06-30 | 22.02% |
| 2010-03-31 | 22.91% |
| 2009-12-31 | 20.77% |
| 2009-09-30 | 20.04% |
| 2009-06-30 | 19.80% |
| 2009-03-31 | 21.18% |
| 2008-12-31 | 37.31% |
| 2008-09-30 | 14.78% |
| 2008-06-30 | 14.83% |
| 2008-03-31 | 15.92% |
| 2007-12-31 | 16.06% |
| 2007-09-30 | 16.52% |
| 2007-06-30 | 17.15% |
| 2007-03-31 | 12.95% |
| 2006-12-31 | 13.71% |
| 2006-09-30 | 14.01% |
| 2006-06-30 | 14.20% |
| 2006-03-31 | 15.43% |
| 2005-12-31 | 16.43% |
| 2005-09-30 | 19.46% |
| 2005-06-30 | 17.92% |
| 2005-03-31 | 19.91% |
| 2004-12-31 | 22.28% |
| 2004-09-30 | 23.59% |
| 2004-06-30 | 24.63% |
| 2004-03-31 | 27.47% |
| 2003-12-31 | 27.10% |
| 2003-09-30 | 28.63% |
| 2003-06-30 | 30.93% |
| 2003-03-31 | 28.42% |
| 2002-12-31 | 34.36% |
| 2002-09-30 | 35.70% |
