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 10.53% is in line with its 5-year average of 11.07%, near the low end of its 5-year range (8.86%–17.25%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.82% below its 12-month average of 11.67%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
10.53%
DEBT TO ASSETS RATIO AVG TTM
11.67%
DEBT TO ASSETS RATIO AVG 3Y
10.23%
DEBT TO ASSETS RATIO AVG 5Y
11.07%
DEBT TO ASSETS RATIO AVG 10Y
11.49%
DEBT TO ASSETS RATIO AVG 15Y
12.26%
DEBT TO ASSETS RATIO AVG 20Y
10.19%
CURRENT VS TTM AVG
-9.82%
CURRENT VS 3Y AVG
+2.93%
CURRENT VS 5Y AVG
-4.93%
CURRENT VS 10Y AVG
-8.40%
CURRENT VS 15Y AVG
-14.14%
CURRENT VS 20Y AVG
+3.28%
SECTOR MEDIAN · INDUSTRIALS
0.28%
median of 144 covered companies
CURRENT VS SECTOR MEDIAN
+3659.65%
vs the sector median at left
Watsco, Inc.
Market Cap
$12.89B
Debt to Assets Ratio
10.53%
TTM Avg
11.67%
3Y Avg
10.23%
5Y Avg
11.07%
Market Cap
$12.51B
Debt to Assets Ratio
0.16%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$13.52B
Debt to Assets Ratio
0.45%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$11.71B
Debt to Assets Ratio
0.23%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Watsco, Inc. (WSO) | $12.89B | 10.53% | 11.67% | 10.23% | 11.07% |
| Graco Inc. (GGG)vs › | $12.89B | 0.01% | N/A | N/A | N/A |
| Applied Industrial Technologies, Inc. (AIT)vs › | $12.51B | 0.16% | N/A | N/A | N/A |
| Lennox International Inc. (LII)vs › | $13.52B | 0.45% | N/A | N/A | N/A |
| Allegion plc (ALLE)vs › | $13.58B | 0.38% | N/A | N/A | N/A |
| Crane Company (CR)vs › | $12.07B | 0.28% | N/A | N/A | N/A |
| Huntington Ingalls Industries, Inc. (HII)vs › | $11.71B | 0.23% | N/A | N/A | N/A |
| Textron Inc. (TXT)vs › | $14.16B | 0.23% | N/A | N/A | N/A |
| CNH Industrial N.V. (CNH)vs › | $14.17B | 0.62% | N/A | N/A | N/A |
| Generac Holdings Inc. (GNRC)vs › | $11.61B | 0.26% | N/A | N/A | N/A |
Debt/Assets
10.5%
Debt/Equity
0.18
Current Ratio
3.20
Interest Coverage
N/A
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 | 10.53% |
| 2026-03-31 | 10.24% |
| 2025-12-31 | 10.75% |
| 2025-09-30 | 17.25% |
| 2025-06-30 | 9.60% |
| 2025-03-31 | 10.32% |
| 2024-12-31 | 9.87% |
| 2024-09-30 | 9.48% |
| 2024-06-30 | 9.36% |
| 2024-03-31 | 9.39% |
| 2023-12-31 | 10.85% |
| 2023-09-30 | 12.10% |
| 2023-06-30 | 16.94% |
| 2023-03-31 | 14.23% |
| 2022-12-31 | 11.20% |
| 2022-09-30 | 9.38% |
| 2022-06-30 | 13.61% |
| 2022-03-31 | 16.27% |
| 2021-12-31 | 11.98% |
| 2021-09-30 | 8.86% |
| 2021-06-30 | 12.34% |
| 2021-03-31 | 9.67% |
| 2020-12-31 | 8.70% |
| 2020-09-30 | 8.48% |
| 2020-06-30 | 9.96% |
| 2020-03-31 | 14.71% |
| 2019-12-31 | 14.92% |
| 2019-09-30 | 14.71% |
| 2019-06-30 | 15.64% |
| 2019-03-31 | 13.53% |
| 2018-12-31 | 6.29% |
| 2018-09-30 | 5.23% |
| 2018-06-30 | 6.17% |
| 2018-03-31 | 4.41% |
| 2017-12-31 | 1.09% |
| 2017-09-30 | 13.28% |
| 2017-06-30 | 17.70% |
| 2017-03-31 | 14.59% |
| 2016-12-31 | 12.58% |
| 2016-09-30 | 11.24% |
| 2016-06-30 | 13.31% |
| 2016-03-31 | 12.71% |
| 2015-12-31 | 13.75% |
| 2015-09-30 | 15.96% |
| 2015-06-30 | 21.13% |
| 2015-03-31 | 18.07% |
| 2014-12-31 | 16.98% |
| 2014-09-30 | 18.52% |
| 2014-06-30 | 17.57% |
| 2014-03-31 | 12.79% |
| 2013-12-31 | 13.82% |
| 2013-09-30 | 15.70% |
| 2013-06-30 | 20.82% |
| 2013-03-31 | 18.64% |
| 2012-12-31 | 18.80% |
| 2012-09-30 | 11.23% |
| 2012-06-30 | 12.43% |
| 2012-03-31 | 3.15% |
| 2011-12-31 | 1.58% |
| 2011-09-30 | 8.03% |
| 2011-06-30 | 4.28% |
| 2011-03-31 | 1.96% |
| 2010-12-31 | 0.81% |
| 2010-09-30 | 1.73% |
| 2010-06-30 | 1.46% |
| 2010-03-31 | 3.94% |
| 2009-12-31 | 1.11% |
| 2009-09-30 | 3.49% |
| 2009-06-30 | 2.74% |
| 2009-03-31 | 2.94% |
| 2008-12-31 | 2.94% |
| 2008-09-30 | 6.10% |
| 2008-06-30 | 2.90% |
| 2008-03-31 | 5.16% |
| 2007-12-31 | 7.25% |
| 2007-09-30 | 11.48% |
| 2007-06-30 | 3.90% |
| 2007-03-31 | 5.35% |
| 2006-12-31 | 5.63% |
| 2006-09-30 | 8.84% |
| 2006-06-30 | 9.10% |
| 2006-03-31 | 7.83% |
| 2005-12-31 | 7.38% |
| 2005-09-30 | 7.10% |
| 2005-06-30 | 7.55% |
| 2005-03-31 | 10.51% |
| 2004-12-31 | 9.87% |
| 2004-09-30 | 9.80% |
| 2004-06-30 | 10.00% |
| 2004-03-31 | 11.32% |
| 2003-12-31 | 11.25% |
| 2003-09-30 | 11.01% |
| 2003-06-30 | 14.22% |
| 2003-03-31 | 15.75% |
| 2002-12-31 | 15.98% |
| 2002-09-30 | 15.70% |
