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 50.29% is in line with its 5-year average of 48.98%, around the middle of its 5-year range (45.24%–53.63%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.05% below its 12-month average of 50.82%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
50.29%
DEBT TO ASSETS RATIO AVG TTM
50.82%
DEBT TO ASSETS RATIO AVG 3Y
50.32%
DEBT TO ASSETS RATIO AVG 5Y
48.98%
DEBT TO ASSETS RATIO AVG 10Y
47.36%
DEBT TO ASSETS RATIO AVG 15Y
46.23%
DEBT TO ASSETS RATIO AVG 20Y
45.09%
CURRENT VS TTM AVG
-1.05%
CURRENT VS 3Y AVG
-0.06%
CURRENT VS 5Y AVG
+2.67%
CURRENT VS 10Y AVG
+6.19%
CURRENT VS 15Y AVG
+8.79%
CURRENT VS 20Y AVG
+11.53%
SECTOR MEDIAN · INDUSTRIALS
0.28%
median of 130 covered companies
CURRENT VS SECTOR MEDIAN
+17861.35%
vs the sector median at left
Waste Management, Inc.
Market Cap
$90.17B
Debt to Assets Ratio
50.29%
TTM Avg
50.82%
3Y Avg
50.32%
5Y Avg
48.98%
Market Cap
$89.30B
Debt to Assets Ratio
0.40%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$83.40B
Debt to Assets Ratio
0.59%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$82.24B
Debt to Assets Ratio
0.28%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$81.62B
Debt to Assets Ratio
0.32%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Waste Management, Inc. (WM) | $90.17B | 50.29% | 50.82% | 50.32% | 48.98% |
| Emerson Electric Co. (EMR)vs › | $89.87B | 0.33% | N/A | N/A | N/A |
| United Parcel Service, Inc. (UPS)vs › | $89.30B | 0.40% | N/A | N/A | N/A |
| Cummins Inc. (CMI)vs › | $87.62B | 0.22% | N/A | N/A | N/A |
| CSX Corporation (CSX)vs › | $93.52B | 0.43% | N/A | N/A | N/A |
| 3M Company (MMM)vs › | $93.67B | 0.36% | N/A | N/A | N/A |
| Illinois Tool Works Inc. (ITW)vs › | $83.40B | 0.59% | N/A | N/A | N/A |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $82.24B | 0.28% | N/A | N/A | N/A |
| Northrop Grumman Corporation (NOC)vs › | $81.62B | 0.32% | N/A | N/A | N/A |
| Cintas Corporation (CTAS)vs › | $80.98B | 0.26% | N/A | N/A | N/A |
Debt/Assets
50.3%
Debt/Equity
2.35
Current Ratio
0.91
Interest Coverage
5.0x
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 | 50.29% |
| 2026-03-31 | 50.09% |
| 2025-12-31 | 49.98% |
| 2025-09-30 | 51.22% |
| 2025-06-30 | 52.53% |
| 2025-03-31 | 53.58% |
| 2024-12-31 | 53.63% |
| 2024-09-30 | 47.95% |
| 2024-06-30 | 49.25% |
| 2024-03-31 | 49.28% |
| 2023-12-31 | 49.44% |
| 2023-09-30 | 48.32% |
| 2023-06-30 | 48.61% |
| 2023-03-31 | 49.12% |
| 2022-12-31 | 47.77% |
| 2022-09-30 | 47.13% |
| 2022-06-30 | 47.39% |
| 2022-03-31 | 46.16% |
| 2021-12-31 | 46.07% |
| 2021-09-30 | 45.24% |
| 2021-06-30 | 45.61% |
| 2021-03-31 | 46.40% |
| 2020-12-31 | 47.06% |
| 2020-09-30 | 42.07% |
| 2020-06-30 | 48.04% |
| 2020-03-31 | 49.50% |
| 2019-12-31 | 48.65% |
| 2019-09-30 | 49.28% |
| 2019-06-30 | 49.02% |
| 2019-03-31 | 44.35% |
| 2018-12-31 | 44.26% |
| 2018-09-30 | 44.34% |
| 2018-06-30 | 44.50% |
| 2018-03-31 | 45.04% |
| 2017-12-31 | 43.48% |
| 2017-09-30 | 44.61% |
| 2017-06-30 | 43.46% |
| 2017-03-31 | 43.79% |
| 2016-12-31 | 44.63% |
| 2016-09-30 | 44.62% |
| 2016-06-30 | 45.92% |
| 2016-03-31 | 46.18% |
| 2015-12-31 | 43.98% |
| 2015-09-30 | 44.36% |
| 2015-06-30 | 44.25% |
| 2015-03-31 | 44.50% |
| 2014-12-31 | 44.06% |
| 2014-09-30 | 45.76% |
| 2014-06-30 | 44.17% |
| 2014-03-31 | 45.42% |
| 2013-12-31 | 45.24% |
| 2013-09-30 | 42.60% |
| 2013-06-30 | 42.46% |
| 2013-03-31 | 43.23% |
| 2012-12-31 | 42.93% |
| 2012-09-30 | 43.31% |
| 2012-06-30 | 43.30% |
| 2012-03-31 | 43.71% |
| 2011-12-31 | 43.23% |
| 2011-09-30 | 43.59% |
| 2011-06-30 | 41.87% |
| 2011-03-31 | 42.35% |
| 2010-12-31 | 41.47% |
| 2010-09-30 | 41.98% |
| 2010-06-30 | 44.05% |
| 2010-03-31 | 42.02% |
| 2009-12-31 | 41.94% |
| 2009-09-30 | 40.44% |
| 2009-06-30 | 40.91% |
| 2009-03-31 | 43.08% |
| 2008-12-31 | 41.16% |
| 2008-09-30 | 41.43% |
| 2008-06-30 | 41.86% |
| 2008-03-31 | 43.20% |
| 2007-12-31 | 41.32% |
| 2007-09-30 | 40.83% |
| 2007-06-30 | 40.87% |
| 2007-03-31 | 41.03% |
| 2006-12-31 | 40.37% |
| 2006-09-30 | 41.31% |
| 2006-06-30 | 41.08% |
| 2006-03-31 | 41.35% |
| 2005-12-31 | 41.10% |
| 2005-09-30 | 40.56% |
| 2005-06-30 | 40.74% |
| 2005-03-31 | 40.59% |
| 2004-12-31 | 40.98% |
| 2004-09-30 | 41.01% |
| 2004-06-30 | 41.08% |
| 2004-03-31 | 42.55% |
| 2003-12-31 | 41.20% |
| 2003-09-30 | 42.41% |
| 2003-06-30 | 41.35% |
| 2003-03-31 | 41.83% |
| 2002-12-31 | 42.24% |
| 2002-09-30 | 42.65% |