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 7.66% is 10% below its 5-year average of 8.55%, near the low end of its 5-year range (7.25%–10.89%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.30% above its 12-month average of 7.56%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
7.66%
DEBT TO ASSETS RATIO AVG TTM
7.56%
DEBT TO ASSETS RATIO AVG 3Y
8.07%
DEBT TO ASSETS RATIO AVG 5Y
8.55%
DEBT TO ASSETS RATIO AVG 10Y
10.50%
DEBT TO ASSETS RATIO AVG 15Y
14.55%
DEBT TO ASSETS RATIO AVG 20Y
18.58%
CURRENT VS TTM AVG
+1.30%
CURRENT VS 3Y AVG
-5.12%
CURRENT VS 5Y AVG
-10.44%
CURRENT VS 10Y AVG
-27.09%
CURRENT VS 15Y AVG
-47.39%
CURRENT VS 20Y AVG
-58.80%
SECTOR MEDIAN · HEALTHCARE
0.28%
median of 72 covered companies
CURRENT VS SECTOR MEDIAN
+2634.38%
vs the sector median at left
West Pharmaceutical Services, Inc.
Market Cap
$24.73B
Debt to Assets Ratio
7.66%
TTM Avg
7.56%
3Y Avg
8.07%
5Y Avg
8.55%
Market Cap
$26.21B
Debt to Assets Ratio
0.38%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$21.88B
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$29.04B
Debt to Assets Ratio
0.58%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| West Pharmaceutical Services, Inc. (WST) | $24.73B | 7.66% | 7.56% | 8.07% | 8.55% |
| Incyte Corporation (INCY)vs › | $24.54B | 0.00% | N/A | N/A | N/A |
| Moderna, Inc. (MRNA)vs › | $24.03B | 0.12% | N/A | N/A | N/A |
| BioNTech SE (BNTX)vs › | $23.31B | 0.01% | N/A | N/A | N/A |
| Quest Diagnostics Incorporated (DGX)vs › | $26.21B | 0.38% | N/A | N/A | N/A |
| STERIS plc (STE)vs › | $23.22B | 0.02% | N/A | N/A | N/A |
| Labcorp Holdings Inc. (LH)vs › | $26.44B | 0.37% | N/A | N/A | N/A |
| United Therapeutics Corporation (UTHR)vs › | $21.88B | N/A | N/A | N/A | N/A |
| Mettler-Toledo International Inc. (MTD)vs › | $29.04B | 0.58% | N/A | N/A | N/A |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $29.60B | 0.23% | N/A | N/A | N/A |
Debt/Assets
7.7%
Debt/Equity
0.10
Current Ratio
2.82
Interest Coverage
1029.0x
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 | 7.66% |
| 2026-03-31 | 7.69% |
| 2025-12-31 | 7.52% |
| 2025-09-30 | 7.25% |
| 2025-06-30 | 7.67% |
| 2025-03-31 | 8.38% |
| 2024-12-31 | 8.30% |
| 2024-09-30 | 8.29% |
| 2024-06-30 | 8.90% |
| 2024-03-31 | 8.51% |
| 2023-12-31 | 8.07% |
| 2023-09-30 | 8.17% |
| 2023-06-30 | 8.48% |
| 2023-03-31 | 8.44% |
| 2022-12-31 | 8.79% |
| 2022-09-30 | 9.04% |
| 2022-06-30 | 9.89% |
| 2022-03-31 | 10.05% |
| 2021-12-31 | 9.82% |
| 2021-09-30 | 10.04% |
| 2021-06-30 | 10.89% |
| 2021-03-31 | 11.73% |
| 2020-12-31 | 11.66% |
| 2020-09-30 | 12.60% |
| 2020-06-30 | 13.66% |
| 2020-03-31 | 14.57% |
| 2019-12-31 | 14.06% |
| 2019-09-30 | 12.35% |
| 2019-06-30 | 12.84% |
| 2019-03-31 | 13.41% |
| 2018-12-31 | 12.31% |
| 2018-09-30 | 10.08% |
| 2018-06-30 | 10.48% |
| 2018-03-31 | 10.59% |
| 2017-12-31 | 10.58% |
| 2017-09-30 | 11.90% |
| 2017-06-30 | 12.45% |
| 2017-03-31 | 13.19% |
| 2016-12-31 | 13.32% |
| 2016-09-30 | 13.32% |
| 2016-06-30 | 13.57% |
| 2016-03-31 | 13.91% |
| 2015-12-31 | 17.59% |
| 2015-09-30 | 18.15% |
| 2015-06-30 | 19.64% |
| 2015-03-31 | 20.72% |
| 2014-12-31 | 20.08% |
| 2014-09-30 | 20.48% |
| 2014-06-30 | 21.21% |
| 2014-03-31 | 23.70% |
| 2013-12-31 | 22.34% |
| 2013-09-30 | 24.03% |
| 2013-06-30 | 24.48% |
| 2013-03-31 | 27.27% |
| 2012-12-31 | 26.31% |
| 2012-09-30 | 26.28% |
| 2012-06-30 | 26.35% |
| 2012-03-31 | 26.17% |
| 2011-12-31 | 24.97% |
| 2011-09-30 | 27.03% |
| 2011-06-30 | 26.39% |
| 2011-03-31 | 27.16% |
| 2010-12-31 | 27.69% |
| 2010-09-30 | 28.52% |
| 2010-06-30 | 29.23% |
| 2010-03-31 | 29.47% |
| 2009-12-31 | 29.87% |
| 2009-09-30 | 31.41% |
| 2009-06-30 | 32.05% |
| 2009-03-31 | 33.98% |
| 2008-12-31 | 33.03% |
| 2008-09-30 | 31.61% |
| 2008-08-05 | 31.77% |
| 2008-03-31 | 34.48% |
| 2007-12-31 | 33.32% |
| 2007-09-30 | 34.07% |
| 2007-06-30 | 33.67% |
| 2007-03-31 | 34.09% |
| 2006-12-31 | 25.74% |
| 2006-09-30 | 26.94% |
| 2006-06-30 | 29.41% |
| 2006-03-31 | 31.83% |
| 2005-12-31 | 34.12% |
| 2005-09-30 | 32.60% |
| 2005-06-30 | 34.85% |
| 2005-03-31 | 23.49% |
| 2004-12-31 | 24.41% |
| 2004-09-30 | 25.57% |
| 2004-06-30 | 25.55% |
| 2004-03-31 | 25.17% |
| 2003-12-31 | 28.06% |
| 2003-09-30 | 31.08% |
| 2003-06-30 | 31.65% |
| 2003-03-31 | 32.04% |
| 2002-12-31 | 32.60% |
| 2002-09-30 | 34.49% |