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 31.92% is 50% above its 5-year average of 21.30%, near the high end of its 5-year range (8.30%–31.92%).
As of the fiscal period ended Tuesday, March 31, 2026. 18.78% above its 12-month average of 26.87%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
31.92%
DEBT TO ASSETS RATIO AVG TTM
26.87%
DEBT TO ASSETS RATIO AVG 3Y
23.62%
DEBT TO ASSETS RATIO AVG 5Y
21.95%
DEBT TO ASSETS RATIO AVG 10Y
15.07%
DEBT TO ASSETS RATIO AVG 15Y
11.04%
DEBT TO ASSETS RATIO AVG 20Y
8.53%
CURRENT VS TTM AVG
+18.78%
CURRENT VS 3Y AVG
+35.17%
CURRENT VS 5Y AVG
+45.42%
CURRENT VS 10Y AVG
+111.76%
CURRENT VS 15Y AVG
+189.20%
CURRENT VS 20Y AVG
+274.39%
SECTOR MEDIAN · INDUSTRIALS
0.28%
median of 133 covered companies
CURRENT VS SECTOR MEDIAN
+11300.76%
vs the sector median at left
Werner Enterprises, Inc.
Market Cap
$2.54B
Debt to Assets Ratio
31.92%
TTM Avg
26.87%
3Y Avg
23.62%
5Y Avg
21.95%
Market Cap
$2.42B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.97B
Debt to Assets Ratio
0.65%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.79B
Debt to Assets Ratio
0.28%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.52B
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Werner Enterprises, Inc. (WERN) | $2.54B | 31.92% | 26.87% | 23.62% | 21.95% |
| Teekay Tankers Ltd. (TNK)vs › | $2.63B | 0.02% | N/A | N/A | N/A |
| NuScale Power Corporation (SMR)vs › | $2.42B | 0.00% | N/A | N/A | N/A |
| Trinity Industries, Inc. (TRN)vs › | $2.97B | 0.65% | N/A | N/A | N/A |
| Enerpac Tool Group Corp. (EPAC)vs › | $1.79B | 0.28% | N/A | N/A | N/A |
| Preformed Line Products Company (PLPC)vs › | $1.52B | 0.07% | N/A | N/A | N/A |
| Ameresco, Inc. (AMRC)vs › | $1.15B | 0.43% | N/A | N/A | N/A |
| Upwork Inc. (UPWK)vs › | $1.09B | 0.29% | N/A | N/A | N/A |
| Kforce Inc. (KFRC)vs › | $982.90M | 0.23% | N/A | N/A | N/A |
| Griffon Corporation (GFF)vs › | $4.16B | 0.77% | N/A | N/A | N/A |
Debt/Assets
31.9%
Debt/Equity
0.55
Current Ratio
1.94
Interest Coverage
1.8x
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 |
|---|---|
| 2026-03-31 | 31.92% |
| 2025-12-31 | 27.50% |
| 2025-09-30 | 25.85% |
| 2025-06-30 | 26.03% |
| 2025-03-31 | 23.07% |
| 2024-12-31 | 22.99% |
| 2024-09-30 | 23.48% |
| 2024-06-30 | 23.12% |
| 2024-03-31 | 20.58% |
| 2023-12-31 | 21.70% |
| 2023-09-30 | 23.26% |
| 2023-06-30 | 22.31% |
| 2023-03-31 | 23.50% |
| 2022-12-31 | 23.13% |
| 2022-09-30 | 21.28% |
| 2022-06-30 | 17.07% |
| 2022-03-31 | 17.51% |
| 2021-12-31 | 17.01% |
| 2021-09-30 | 14.68% |
| 2021-06-30 | 13.03% |
| 2021-03-31 | 8.30% |
| 2020-12-31 | 9.40% |
| 2020-09-30 | 8.68% |
| 2020-06-30 | 8.93% |
| 2020-03-31 | 12.53% |
| 2019-12-31 | 14.54% |
| 2019-09-30 | 16.59% |
| 2019-06-30 | 18.32% |
| 2019-03-31 | 5.90% |
| 2018-12-31 | 6.00% |
| 2018-09-30 | 6.31% |
| 2018-06-30 | 5.51% |
| 2018-03-31 | 4.12% |
| 2017-12-31 | 5.34% |
| 2017-09-30 | 4.45% |
| 2017-06-30 | 4.33% |
| 2017-03-31 | 7.45% |
| 2016-12-31 | 10.04% |
| 2016-09-30 | 8.84% |
| 2016-06-30 | 8.80% |
| 2016-03-31 | 4.66% |
| 2015-12-31 | 4.65% |
| 2015-09-30 | 4.77% |
| 2015-06-30 | 4.86% |
| 2015-03-31 | 4.94% |
| 2014-12-31 | 5.07% |
| 2014-09-30 | 5.17% |
| 2014-06-30 | 2.88% |
| 2014-03-31 | 2.91% |
| 2013-12-31 | 2.95% |
| 2013-09-30 | 3.70% |
| 2013-06-30 | 3.03% |
| 2013-03-31 | 3.02% |
| 2012-12-31 | 6.74% |
| 2012-09-30 | 0.00% |
| 2012-06-30 | 0.00% |
| 2012-03-31 | 0.56% |
| 2011-12-31 | 0.00% |
| 2011-09-30 | 0.00% |
| 2011-06-30 | 0.00% |
| 2011-03-31 | 0.00% |
| 2010-12-31 | 0.00% |
| 2010-09-30 | 0.00% |
| 2010-06-30 | 0.00% |
| 2010-03-31 | 0.00% |
| 2009-12-31 | 0.00% |
| 2009-09-30 | 0.00% |
| 2009-06-30 | 0.00% |
| 2009-03-31 | 0.00% |
| 2008-12-31 | 0.00% |
| 2008-09-30 | 0.00% |
| 2008-06-30 | 0.00% |
| 2008-03-31 | 0.00% |
| 2007-12-31 | 0.00% |
| 2007-09-30 | 0.74% |
| 2007-06-30 | 3.55% |
| 2007-03-31 | 5.54% |
| 2006-12-31 | 6.77% |
| 2006-09-30 | 0.72% |
| 2006-06-30 | 0.00% |
| 2006-03-31 | 0.00% |
| 2005-12-31 | 4.33% |
| 2005-09-30 | 0.00% |
| 2005-06-30 | 0.00% |
| 2005-03-31 | 0.00% |
| 2004-12-31 | 0.00% |
| 2004-09-30 | 0.00% |
| 2004-06-30 | 0.00% |
| 2004-03-31 | 0.00% |
| 2003-12-31 | 0.00% |
| 2003-09-30 | 1.77% |
| 2003-06-30 | 1.83% |
| 2003-03-31 | 1.87% |
| 2002-12-31 | 1.88% |
| 2002-09-30 | 4.76% |
| 2002-06-30 | 4.95% |
