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 21.25% is in line with its 5-year average of 22.77%, near the low end of its 5-year range (20.98%–29.82%).
As of the fiscal period ended Tuesday, June 30, 2026. 16.59% below its 12-month average of 25.48%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
21.25%
DEBT TO ASSETS RATIO AVG TTM
25.48%
DEBT TO ASSETS RATIO AVG 3Y
21.97%
DEBT TO ASSETS RATIO AVG 5Y
22.11%
DEBT TO ASSETS RATIO AVG 10Y
24.26%
DEBT TO ASSETS RATIO AVG 15Y
21.81%
DEBT TO ASSETS RATIO AVG 20Y
21.18%
CURRENT VS TTM AVG
-16.59%
CURRENT VS 3Y AVG
-3.27%
CURRENT VS 5Y AVG
-3.88%
CURRENT VS 10Y AVG
-12.39%
CURRENT VS 15Y AVG
-2.56%
CURRENT VS 20Y AVG
+0.33%
SECTOR MEDIAN · INDUSTRIALS
0.28%
median of 133 covered companies
CURRENT VS SECTOR MEDIAN
+7489.75%
vs the sector median at left
Westinghouse Air Brake Technologies Corporation
Market Cap
$51.10B
Debt to Assets Ratio
21.25%
TTM Avg
25.48%
3Y Avg
21.97%
5Y Avg
22.11%
Market Cap
$51.43B
Debt to Assets Ratio
0.33%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$52.59B
Debt to Assets Ratio
0.68%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$48.45B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$55.93B
Debt to Assets Ratio
0.27%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$55.94B
Debt to Assets Ratio
0.26%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Westinghouse Air Brake Technologies Corporation (WAB) | $51.10B | 21.25% | 25.48% | 21.97% | 22.11% |
| Rockwell Automation, Inc. (ROK)vs › | $51.43B | 0.33% | N/A | N/A | N/A |
| Bloom Energy Corporation (BE)vs › | $52.59B | 0.68% | N/A | N/A | N/A |
| HEICO Corporation (HEI-A)vs › | $48.71B | 0.26% | N/A | N/A | N/A |
| Old Dominion Freight Line, Inc. (ODFL)vs › | $48.45B | 0.03% | N/A | N/A | N/A |
| Fastenal Company (FAST)vs › | $53.96B | 0.09% | N/A | N/A | N/A |
| AMETEK, Inc. (AME)vs › | $55.46B | 0.15% | N/A | N/A | N/A |
| L3Harris Technologies, Inc. (LHX)vs › | $55.93B | 0.27% | N/A | N/A | N/A |
| Delta Air Lines, Inc. (DAL)vs › | $55.94B | 0.26% | N/A | N/A | N/A |
| Ferrovial SE (FER)vs › | $45.58B | 0.39% | N/A | N/A | N/A |
Debt/Assets
21.3%
Debt/Equity
0.50
Current Ratio
1.11
Interest Coverage
8.3x
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 |
|---|---|
| 2026-06-30 | 21.25% |
| 2026-03-31 | 29.82% |
| 2025-12-31 | 28.31% |
| 2025-09-30 | 24.55% |
| 2025-06-30 | 23.46% |
| 2025-03-31 | 20.98% |
| 2024-12-31 | 21.28% |
| 2024-09-30 | 21.55% |
| 2024-06-30 | 21.18% |
| 2024-03-31 | 21.34% |
| 2023-12-31 | 21.43% |
| 2023-09-30 | 21.53% |
| 2023-06-30 | 23.12% |
| 2023-03-31 | 22.30% |
| 2022-12-31 | 21.61% |
| 2022-09-30 | 22.31% |
| 2022-06-30 | 22.98% |
| 2022-03-31 | 22.99% |
| 2021-12-31 | 21.99% |
| 2021-09-30 | 22.18% |
| 2021-06-30 | 22.04% |
| 2021-03-31 | 23.07% |
| 2020-12-31 | 22.97% |
| 2020-09-30 | 23.07% |
| 2020-06-30 | 24.18% |
| 2020-03-31 | 25.29% |
| 2019-12-31 | 23.45% |
| 2019-09-30 | 25.11% |
| 2019-06-30 | 24.46% |
| 2019-03-31 | 26.01% |
| 2018-12-31 | 44.59% |
| 2018-09-30 | 45.19% |
| 2018-06-30 | 28.23% |
| 2018-03-31 | 27.93% |
| 2017-12-31 | 28.43% |
| 2017-09-30 | 29.05% |
| 2017-07-01 | 30.83% |
| 2017-03-31 | 31.01% |
| 2016-12-31 | 28.76% |
| 2016-09-30 | 23.92% |
| 2016-06-30 | 22.02% |
| 2016-03-31 | 23.72% |
| 2015-12-31 | 20.97% |
| 2015-09-30 | 13.56% |
| 2015-06-30 | 12.15% |
| 2015-03-31 | 13.29% |
| 2014-12-31 | 15.78% |
| 2014-09-30 | 16.17% |
| 2014-06-30 | 15.83% |
| 2014-03-31 | 15.45% |
| 2013-12-31 | 15.97% |
| 2013-09-30 | 19.16% |
| 2013-06-30 | 15.77% |
| 2013-03-31 | 16.66% |
| 2012-12-31 | 13.52% |
| 2012-09-30 | 18.07% |
| 2012-06-30 | 19.00% |
| 2012-03-31 | 17.39% |
| 2011-12-31 | 18.34% |
| 2011-09-30 | 20.25% |
| 2011-06-30 | 19.70% |
| 2011-03-31 | 21.09% |
| 2010-12-31 | 23.41% |
| 2010-09-30 | 24.03% |
| 2010-06-30 | 24.99% |
| 2010-03-31 | 25.60% |
| 2009-12-31 | 24.70% |
| 2009-09-30 | 27.45% |
| 2009-06-30 | 24.10% |
| 2009-03-31 | 25.51% |
| 2008-12-31 | 25.68% |
| 2008-09-30 | 11.68% |
| 2008-06-30 | 11.95% |
| 2008-03-31 | 12.75% |
| 2007-12-31 | 12.97% |
| 2007-09-30 | 13.60% |
| 2007-06-30 | 14.17% |
| 2007-03-31 | 14.67% |
| 2006-12-31 | 15.42% |
| 2006-09-30 | 16.48% |
| 2006-06-30 | 16.30% |
| 2006-03-31 | 17.39% |
| 2005-12-31 | 17.93% |
| 2005-09-30 | 18.60% |
| 2005-06-30 | 19.20% |
| 2005-03-31 | 20.16% |
| 2004-12-31 | 21.04% |
| 2004-09-30 | 27.43% |
| 2004-06-30 | 27.92% |
| 2004-03-31 | 29.08% |
| 2003-12-31 | 29.47% |
| 2003-09-30 | 29.93% |
| 2003-06-30 | 29.80% |
| 2003-03-31 | 31.54% |
| 2002-12-31 | 33.14% |
| 2002-09-30 | 34.95% |
