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 47.86% is in line with its 5-year average of 51.10%, around the middle of its 5-year range (43.32%–57.65%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.14% below its 12-month average of 52.68%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
47.86%
DEBT TO ASSETS RATIO AVG TTM
52.68%
DEBT TO ASSETS RATIO AVG 3Y
52.66%
DEBT TO ASSETS RATIO AVG 5Y
51.10%
DEBT TO ASSETS RATIO AVG 10Y
48.25%
DEBT TO ASSETS RATIO AVG 15Y
40.48%
DEBT TO ASSETS RATIO AVG 20Y
32.71%
CURRENT VS TTM AVG
-9.14%
CURRENT VS 3Y AVG
-9.10%
CURRENT VS 5Y AVG
-6.33%
CURRENT VS 10Y AVG
-0.81%
CURRENT VS 15Y AVG
+18.23%
CURRENT VS 20Y AVG
+46.33%
SECTOR MEDIAN · INDUSTRIALS
0.28%
median of 128 covered companies
CURRENT VS SECTOR MEDIAN
+16994.16%
vs the sector median at left
XPO Logistics, Inc.
Market Cap
$23.72B
Debt to Assets Ratio
47.86%
TTM Avg
52.68%
3Y Avg
52.66%
5Y Avg
51.10%
Market Cap
$23.37B
Debt to Assets Ratio
0.11%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$23.02B
Debt to Assets Ratio
0.23%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$25.22B
Debt to Assets Ratio
0.14%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$25.55B
Debt to Assets Ratio
0.22%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| XPO Logistics, Inc. (XPO) | $23.72B | 47.86% | 52.68% | 52.66% | 51.10% |
| Veralto Corporation (VLTO)vs › | $23.97B | 0.39% | N/A | N/A | N/A |
| Expeditors International of Washington, Inc. (EXPD)vs › | $23.37B | 0.11% | N/A | N/A | N/A |
| Southwest Airlines Co. (LUV)vs › | $23.02B | 0.23% | N/A | N/A | N/A |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.22B | 0.14% | N/A | N/A | N/A |
| Curtiss-Wright Corporation (CW)vs › | $25.55B | 0.22% | N/A | N/A | N/A |
| MasTec, Inc. (MTZ)vs › | $21.88B | 0.30% | N/A | N/A | N/A |
| Symbotic Inc. (SYM)vs › | $25.78B | N/A | N/A | N/A | N/A |
| Snap-on Incorporated (SNA)vs › | $21.54B | 0.15% | N/A | N/A | N/A |
| Equifax Inc. (EFX)vs › | $21.45B | 0.46% | N/A | N/A | N/A |
Debt/Assets
47.9%
Debt/Equity
2.03
Current Ratio
1.01
Interest Coverage
3.3x
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 | 47.86% |
| 2026-03-31 | 49.26% |
| 2025-12-31 | 57.37% |
| 2025-09-30 | 57.65% |
| 2025-06-30 | 51.24% |
| 2025-03-31 | 52.18% |
| 2024-12-31 | 53.38% |
| 2024-09-30 | 52.49% |
| 2024-06-30 | 53.51% |
| 2024-03-31 | 54.10% |
| 2023-12-31 | 54.90% |
| 2023-09-30 | 49.91% |
| 2023-06-30 | 50.69% |
| 2023-03-31 | 51.35% |
| 2022-12-31 | 51.76% |
| 2022-09-30 | 43.80% |
| 2022-06-30 | 43.32% |
| 2022-03-31 | 46.94% |
| 2021-12-31 | 49.03% |
| 2021-09-30 | 51.58% |
| 2021-06-30 | 50.75% |
| 2021-03-31 | 51.20% |
| 2020-12-31 | 45.55% |
| 2020-09-30 | 56.52% |
| 2020-06-30 | 59.89% |
| 2020-03-31 | 56.11% |
| 2019-12-31 | 53.16% |
| 2019-09-30 | 52.53% |
| 2019-06-30 | 52.86% |
| 2019-03-31 | 52.90% |
| 2018-12-31 | 34.79% |
| 2018-09-30 | 32.26% |
| 2018-06-30 | 35.59% |
| 2018-03-31 | 36.28% |
| 2017-12-31 | 35.88% |
| 2017-09-30 | 37.47% |
| 2017-06-30 | 40.83% |
| 2017-03-31 | 42.31% |
| 2016-12-31 | 41.61% |
| 2016-09-30 | 43.60% |
| 2016-06-30 | 43.96% |
| 2016-03-31 | 44.17% |
| 2015-12-31 | 43.01% |
| 2015-09-30 | 39.14% |
| 2015-06-30 | 38.86% |
| 2015-03-31 | 31.31% |
| 2014-12-31 | 21.17% |
| 2014-09-30 | 22.05% |
| 2014-06-30 | 7.47% |
| 2014-03-31 | 7.17% |
| 2013-12-31 | 23.55% |
| 2013-09-30 | 16.26% |
| 2013-06-30 | 28.60% |
| 2013-03-31 | 27.88% |
| 2012-12-31 | 26.49% |
| 2012-09-30 | 24.20% |
| 2012-06-30 | 0.05% |
| 2012-03-31 | 0.02% |
| 2011-12-31 | 1.67% |
| 2011-09-30 | 1.99% |
| 2011-06-30 | 5.25% |
| 2011-03-31 | 6.68% |
| 2010-12-31 | 11.49% |
| 2010-09-30 | 14.30% |
| 2010-06-30 | 12.37% |
| 2010-03-31 | 13.15% |
| 2009-12-31 | 16.23% |
| 2009-09-30 | 15.45% |
| 2009-06-30 | 15.90% |
| 2009-03-31 | 15.60% |
| 2008-12-31 | 11.89% |
| 2008-09-30 | 23.38% |
| 2008-06-30 | 22.61% |
| 2008-03-31 | 24.70% |
| 2007-12-31 | 0.35% |
| 2007-09-30 | 1.05% |
| 2007-06-30 | 6.79% |
| 2007-03-31 | 12.52% |
| 2006-12-31 | 6.49% |
| 2006-09-30 | 13.34% |
| 2006-06-30 | 16.50% |
| 2006-03-31 | 15.60% |
| 2005-12-31 | 15.34% |
| 2005-09-30 | 25.49% |
| 2005-06-30 | 24.12% |
| 2005-03-31 | 12.70% |
| 2004-12-31 | 8.86% |
| 2004-09-30 | 7.20% |
| 2004-06-30 | 3.58% |
| 2004-03-31 | 12.66% |
| 2003-12-31 | 16.76% |
| 2003-09-30 | 21.49% |
| 2003-06-30 | 36.67% |
| 2003-03-31 | 48.45% |
| 2002-12-31 | 47.56% |
| 2002-09-30 | 13.06% |
