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 39.48% is in line with its 4-year average of 36.82%, near the high end of its 4-year range (2.46%–50.67%).
As of the fiscal period ended Friday, July 3, 2026. 8.33% above its 12-month average of 36.45%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
39.48%
DEBT TO ASSETS RATIO AVG TTM
36.45%
DEBT TO ASSETS RATIO AVG 3Y
41.38%
DEBT TO ASSETS RATIO AVG 5Y
N/A
DEBT TO ASSETS RATIO AVG 10Y
N/A
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+8.33%
CURRENT VS 3Y AVG
-4.58%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
0.28%
median of 128 covered companies
CURRENT VS SECTOR MEDIAN
+14001.26%
vs the sector median at left
Veralto Corporation
Market Cap
$23.95B
Debt to Assets Ratio
39.48%
TTM Avg
36.45%
3Y Avg
41.38%
5Y Avg
N/A
Market Cap
$23.46B
Debt to Assets Ratio
0.11%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$23.01B
Debt to Assets Ratio
0.23%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$25.19B
Debt to Assets Ratio
0.14%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$25.60B
Debt to Assets Ratio
0.22%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$21.46B
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 |
|---|---|---|---|---|---|
| Veralto Corporation (VLTO) | $23.95B | 39.48% | 36.45% | 41.38% | N/A |
| XPO Logistics, Inc. (XPO)vs › | $23.59B | 0.48% | N/A | N/A | N/A |
| Expeditors International of Washington, Inc. (EXPD)vs › | $23.46B | 0.11% | N/A | N/A | N/A |
| Southwest Airlines Co. (LUV)vs › | $23.01B | 0.23% | N/A | N/A | N/A |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.19B | 0.14% | N/A | N/A | N/A |
| Curtiss-Wright Corporation (CW)vs › | $25.60B | 0.22% | N/A | N/A | N/A |
| Symbotic Inc. (SYM)vs › | $25.82B | N/A | N/A | N/A | N/A |
| MasTec, Inc. (MTZ)vs › | $21.80B | 0.06% | N/A | N/A | N/A |
| Snap-on Incorporated (SNA)vs › | $21.46B | 0.15% | N/A | N/A | N/A |
| Equifax Inc. (EFX)vs › | $21.30B | 0.46% | N/A | N/A | N/A |
Debt/Assets
39.5%
Debt/Equity
1.09
Current Ratio
1.78
Interest Coverage
13.3x
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 |
|---|---|
| 2026-07-03 | 39.48% |
| 2026-04-03 | 34.78% |
| 2025-12-31 | 34.75% |
| 2025-10-03 | 35.97% |
| 2025-07-04 | 37.26% |
| 2025-04-04 | 39.58% |
| 2024-12-31 | 43.19% |
| 2024-09-27 | 42.14% |
| 2024-06-28 | 44.30% |
| 2024-03-31 | 45.87% |
| 2023-12-31 | 48.78% |
| 2023-09-30 | 50.47% |
| 2023-06-30 | 50.67% |
| 2023-03-31 | 2.46% |
| 2022-12-31 | 2.55% |
