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 20.12% is 38% above its 5-year average of 14.61%, near the high end of its 5-year range (9.64%–20.43%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.08% above its 12-month average of 19.71%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
20.12%
DEBT TO ASSETS RATIO AVG TTM
19.71%
DEBT TO ASSETS RATIO AVG 3Y
16.83%
DEBT TO ASSETS RATIO AVG 5Y
14.61%
DEBT TO ASSETS RATIO AVG 10Y
15.80%
DEBT TO ASSETS RATIO AVG 15Y
15.33%
DEBT TO ASSETS RATIO AVG 20Y
16.62%
CURRENT VS TTM AVG
+2.08%
CURRENT VS 3Y AVG
+19.52%
CURRENT VS 5Y AVG
+37.66%
CURRENT VS 10Y AVG
+27.34%
CURRENT VS 15Y AVG
+31.19%
CURRENT VS 20Y AVG
+21.03%
SECTOR MEDIAN · FINANCIAL SERVICES
0.11%
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
+18189.32%
vs the sector median at left
Wells Fargo & Company
Market Cap
$272.04B
Debt to Assets Ratio
20.12%
TTM Avg
19.71%
3Y Avg
16.83%
5Y Avg
14.61%
Market Cap
$306.40B
Debt to Assets Ratio
0.35%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$220.26B
Debt to Assets Ratio
0.19%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$205.49B
Debt to Assets Ratio
0.14%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$190.07B
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$171.53B
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Wells Fargo & Company (WFC) | $272.04B | 20.12% | 19.71% | 16.83% | 14.61% |
| The Goldman Sachs Group, Inc. (GS)vs › | $306.40B | 0.35% | N/A | N/A | N/A |
| Citigroup Inc. (C)vs › | $236.18B | 0.28% | N/A | N/A | N/A |
| American Express Company (AXP)vs › | $220.26B | 0.19% | N/A | N/A | N/A |
| The Toronto-Dominion Bank (TD)vs › | $205.49B | 0.14% | N/A | N/A | N/A |
| Morgan Stanley (MS)vs › | $343.37B | 0.31% | N/A | N/A | N/A |
| The Charles Schwab Corporation (SCHW)vs › | $190.07B | 0.07% | N/A | N/A | N/A |
| BlackRock, Inc. (BLK)vs › | $173.95B | 0.09% | N/A | N/A | N/A |
| Vanguard FTSE Emerging Markets ETF (VWO)vs › | $171.53B | N/A | N/A | N/A | N/A |
| Blackstone Inc. (BX)vs › | $164.47B | 0.28% | N/A | N/A | N/A |
Debt/Assets
20.1%
Debt/Equity
2.55
Current Ratio
0.51
Interest Coverage
0.6x
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 | 20.12% |
| 2026-03-31 | 20.43% |
| 2025-12-31 | 19.81% |
| 2025-09-30 | 19.80% |
| 2025-06-30 | 18.38% |
| 2025-03-31 | 16.07% |
| 2024-12-31 | 14.61% |
| 2024-09-30 | 15.29% |
| 2024-06-30 | 15.36% |
| 2024-03-31 | 15.15% |
| 2023-12-31 | 15.38% |
| 2023-09-30 | 14.84% |
| 2023-06-30 | 13.58% |
| 2023-03-31 | 13.49% |
| 2022-12-31 | 12.02% |
| 2022-09-30 | 10.91% |
| 2022-06-30 | 9.96% |
| 2022-03-31 | 9.64% |
| 2021-12-31 | 10.01% |
| 2021-09-30 | 10.48% |
| 2021-06-30 | 11.58% |
| 2021-03-31 | 12.36% |
| 2020-12-31 | 13.93% |
| 2020-09-30 | 14.09% |
| 2020-06-30 | 14.80% |
| 2020-03-31 | 16.64% |
| 2019-12-31 | 17.26% |
| 2019-09-30 | 18.24% |
| 2019-06-30 | 18.55% |
| 2019-03-31 | 18.17% |
| 2018-12-31 | 17.66% |
| 2018-09-30 | 17.45% |
| 2018-06-30 | 17.23% |
| 2018-03-31 | 17.11% |
| 2017-12-31 | 16.82% |
| 2017-09-30 | 17.37% |
| 2017-06-30 | 17.48% |
| 2017-03-31 | 18.17% |
| 2016-12-31 | 18.23% |
| 2016-09-30 | 19.77% |
| 2016-06-30 | 19.52% |
| 2016-03-31 | 18.15% |
| 2015-12-31 | 16.62% |
| 2015-09-30 | 15.61% |
| 2015-06-30 | 15.27% |
| 2015-03-31 | 15.02% |
| 2014-12-31 | 14.67% |
| 2014-09-30 | 15.12% |
| 2014-06-30 | 14.37% |
| 2014-03-31 | 13.61% |
| 2013-12-31 | 13.58% |
| 2013-09-30 | 13.78% |
| 2013-06-30 | 12.52% |
| 2013-03-31 | 13.01% |
| 2012-12-31 | 12.97% |
| 2012-09-30 | 13.29% |
| 2012-06-30 | 13.55% |
| 2012-03-31 | 13.55% |
| 2011-12-31 | 13.28% |
| 2011-09-30 | 14.10% |
| 2011-06-30 | 15.62% |
| 2011-03-31 | 16.34% |
| 2010-12-31 | 16.88% |
| 2010-09-30 | 17.52% |
| 2010-06-30 | 18.78% |
| 2010-03-31 | 20.12% |
| 2009-12-31 | 19.53% |
| 2009-09-30 | 19.95% |
| 2009-06-30 | 22.19% |
| 2009-03-31 | 25.10% |
| 2008-12-31 | 28.65% |
| 2008-09-30 | 30.94% |
| 2008-06-30 | 31.21% |
| 2008-03-31 | 26.40% |
| 2007-12-31 | 26.53% |
| 2007-09-30 | 25.03% |
| 2007-06-30 | 24.94% |
| 2007-03-31 | 21.30% |
| 2006-12-31 | 20.74% |
| 2006-09-30 | 20.25% |
| 2006-06-30 | 19.49% |
| 2006-03-31 | 21.50% |
| 2005-12-31 | 21.50% |
| 2005-09-30 | 22.46% |
| 2005-06-30 | 23.16% |
| 2005-03-31 | 23.27% |
| 2004-12-31 | 22.33% |
| 2004-09-30 | 22.68% |
| 2004-06-30 | 22.71% |
| 2004-03-31 | 23.60% |
| 2003-12-31 | 22.77% |
| 2003-09-30 | 22.56% |
| 2003-06-30 | 23.21% |
| 2003-03-31 | 22.47% |
| 2002-12-31 | 23.96% |
| 2002-09-30 | 23.66% |
