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 61.27% is 27% above its 5-year average of 48.11%, near the high end of its 5-year range (46.90%–61.38%).
As of the fiscal period ended Tuesday, June 30, 2026. 10.01% above its 12-month average of 55.70%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
61.27%
DEBT TO ASSETS RATIO AVG TTM
55.70%
DEBT TO ASSETS RATIO AVG 3Y
47.61%
DEBT TO ASSETS RATIO AVG 5Y
48.11%
DEBT TO ASSETS RATIO AVG 10Y
54.31%
DEBT TO ASSETS RATIO AVG 15Y
55.01%
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+10.01%
CURRENT VS 3Y AVG
+28.69%
CURRENT VS 5Y AVG
+27.35%
CURRENT VS 10Y AVG
+12.82%
CURRENT VS 15Y AVG
+11.38%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
0.28%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
+21782.91%
vs the sector median at left
Zoetis Inc.
Market Cap
$31.78B
Debt to Assets Ratio
61.27%
TTM Avg
55.70%
3Y Avg
47.61%
5Y Avg
48.11%
Market Cap
$31.10B
Debt to Assets Ratio
0.27%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Zoetis Inc. (ZTS) | $31.78B | 61.27% | 55.70% | 47.61% | 48.11% |
| GE HealthCare Technologies Inc. (GEHC)vs › | $31.10B | 0.27% | N/A | N/A | N/A |
| Medline Inc. (MDLN)vs › | $30.94B | 0.32% | N/A | N/A | N/A |
| Biogen Inc. (BIIB)vs › | $32.63B | 0.26% | N/A | N/A | N/A |
| Waters Corporation (WAT)vs › | $30.62B | 0.21% | N/A | N/A | N/A |
| Centene Corp. (CNC)vs › | $33.12B | 0.19% | N/A | N/A | N/A |
| ResMed Inc. (RMD)vs › | $33.12B | 0.09% | N/A | N/A | N/A |
| DexCom, Inc. (DXCM)vs › | $33.17B | 0.22% | N/A | N/A | N/A |
| Alcon Inc. (ALC)vs › | $34.38B | 0.17% | N/A | N/A | N/A |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $35.61B | 0.23% | N/A | N/A | N/A |
Debt/Assets
61.3%
Debt/Equity
2.93
Current Ratio
3.08
Interest Coverage
14.8x
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 | 61.27% |
| 2026-03-31 | 60.96% |
| 2025-12-31 | 61.38% |
| 2025-09-30 | 47.98% |
| 2025-06-30 | 46.90% |
| 2025-03-31 | 47.88% |
| 2024-12-31 | 47.37% |
| 2024-09-30 | 47.05% |
| 2024-06-30 | 47.61% |
| 2024-03-31 | 47.18% |
| 2023-12-31 | 47.28% |
| 2023-09-30 | 47.82% |
| 2023-06-30 | 49.06% |
| 2023-03-31 | 49.02% |
| 2022-12-31 | 54.20% |
| 2022-09-30 | 49.36% |
| 2022-06-30 | 48.90% |
| 2022-03-31 | 48.60% |
| 2021-12-31 | 48.51% |
| 2021-09-30 | 49.27% |
| 2021-06-30 | 52.19% |
| 2021-03-31 | 53.28% |
| 2020-12-31 | 54.10% |
| 2020-09-30 | 57.29% |
| 2020-06-30 | 60.07% |
| 2020-03-31 | 57.44% |
| 2019-12-31 | 57.26% |
| 2019-09-30 | 59.00% |
| 2019-06-30 | 60.21% |
| 2019-03-31 | 60.44% |
| 2018-12-31 | 59.87% |
| 2018-09-30 | 61.58% |
| 2018-06-30 | 57.60% |
| 2018-03-31 | 57.01% |
| 2017-12-31 | 57.69% |
| 2017-10-01 | 61.39% |
| 2017-07-02 | 58.56% |
| 2017-04-02 | 58.41% |
| 2016-12-31 | 58.41% |
| 2016-10-02 | 57.90% |
| 2016-07-03 | 59.44% |
| 2016-04-03 | 59.95% |
| 2015-12-31 | 61.52% |
| 2015-09-27 | 54.35% |
| 2015-06-28 | 55.27% |
| 2015-03-29 | 56.69% |
| 2014-12-31 | 55.12% |
| 2014-09-28 | 55.95% |
| 2014-06-29 | 56.03% |
| 2014-03-30 | 57.13% |
| 2013-12-31 | 55.76% |
| 2013-09-29 | 58.35% |
| 2013-06-30 | 58.33% |
| 2013-03-31 | 59.36% |
| 2012-12-31 | 9.29% |
| 2012-09-30 | 9.82% |
| 2012-06-30 | 9.88% |
| 2012-03-31 | 9.80% |
| 2011-12-31 | 10.07% |
