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 45.37% is in line with its 5-year average of 44.02%, near the high end of its 5-year range (39.52%–46.66%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.74% below its 12-month average of 46.18%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
45.37%
DEBT TO ASSETS RATIO AVG TTM
46.18%
DEBT TO ASSETS RATIO AVG 3Y
46.10%
DEBT TO ASSETS RATIO AVG 5Y
44.02%
DEBT TO ASSETS RATIO AVG 10Y
41.88%
DEBT TO ASSETS RATIO AVG 15Y
39.66%
DEBT TO ASSETS RATIO AVG 20Y
36.82%
CURRENT VS TTM AVG
-1.74%
CURRENT VS 3Y AVG
-1.57%
CURRENT VS 5Y AVG
+3.07%
CURRENT VS 10Y AVG
+8.34%
CURRENT VS 15Y AVG
+14.41%
CURRENT VS 20Y AVG
+23.22%
SECTOR MEDIAN · UTILITIES
0.44%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+10211.70%
vs the sector median at left
Duke Energy Corporation
Market Cap
$94.71B
Debt to Assets Ratio
45.37%
TTM Avg
46.18%
3Y Avg
46.10%
5Y Avg
44.02%
Market Cap
$107.91B
Debt to Assets Ratio
0.25%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$68.57B
Debt to Assets Ratio
0.44%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Duke Energy Corporation (DUK) | $94.71B | 45.37% | 46.18% | 46.10% | 44.02% |
| The Southern Company (SO)vs › | $102.67B | 0.48% | N/A | N/A | N/A |
| Constellation Energy Corporation (CEG)vs › | $107.91B | 0.25% | N/A | N/A | N/A |
| American Electric Power Company, Inc. (AEP)vs › | $68.57B | 0.44% | N/A | N/A | N/A |
| Dominion Energy, Inc. (D)vs › | $58.55B | 0.44% | N/A | N/A | N/A |
| Sempra (SRE)vs › | $56.13B | 0.32% | N/A | N/A | N/A |
| Vistra Corp. (VST)vs › | $51.76B | 0.47% | N/A | N/A | N/A |
| Entergy Corporation (ETR)vs › | $50.76B | 0.44% | N/A | N/A | N/A |
| Xcel Energy Inc. (XEL)vs › | $47.99B | 0.46% | N/A | N/A | N/A |
| Exelon Corporation (EXC)vs › | $45.58B | 0.43% | N/A | N/A | N/A |
Debt/Assets
45.4%
Debt/Equity
1.67
Current Ratio
0.66
Interest Coverage
2.4x
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 | 45.37% |
| 2026-03-31 | 46.05% |
| 2025-12-31 | 46.42% |
| 2025-09-30 | 46.40% |
| 2025-06-30 | 46.62% |
| 2025-03-31 | 46.66% |
| 2024-12-31 | 45.74% |
| 2024-09-30 | 46.32% |
| 2024-06-30 | 45.92% |
| 2024-03-31 | 46.08% |
| 2023-12-31 | 45.48% |
| 2023-09-30 | 43.85% |
| 2023-06-30 | 43.77% |
| 2023-03-31 | 43.07% |
| 2022-12-31 | 42.06% |
| 2022-09-30 | 41.92% |
| 2022-06-30 | 41.32% |
| 2022-03-31 | 41.12% |
| 2021-12-31 | 40.25% |
| 2021-09-30 | 39.52% |
| 2021-06-30 | 40.51% |
| 2021-03-31 | 40.23% |
| 2020-12-31 | 39.46% |
| 2020-09-30 | 40.59% |
| 2020-06-30 | 41.28% |
| 2020-03-31 | 41.13% |
| 2019-12-31 | 39.47% |
| 2019-09-30 | 39.66% |
| 2019-06-30 | 40.62% |
| 2019-03-31 | 40.16% |
| 2018-12-31 | 39.85% |
| 2018-09-30 | 39.71% |
| 2018-06-30 | 39.96% |
| 2018-03-31 | 40.39% |
| 2017-12-31 | 39.48% |
| 2017-09-30 | 39.11% |
| 2017-06-30 | 39.26% |
| 2017-03-31 | 39.19% |
| 2016-12-31 | 37.95% |
| 2016-09-30 | 38.69% |
| 2016-06-30 | 36.35% |
| 2016-03-31 | 35.98% |
| 2015-12-31 | 35.08% |
| 2015-09-30 | 35.22% |
| 2015-06-30 | 34.86% |
| 2015-03-31 | 35.83% |
| 2014-12-31 | 35.16% |
| 2014-09-30 | 34.80% |
| 2014-06-30 | 36.87% |
| 2014-03-31 | 36.58% |
| 2013-12-31 | 35.83% |
| 2013-09-30 | 36.05% |
| 2013-06-30 | 36.29% |
| 2013-03-31 | 36.38% |
| 2012-12-31 | 36.74% |
| 2012-09-30 | 35.24% |
| 2012-06-30 | 33.93% |
| 2012-03-31 | 33.25% |
| 2011-12-31 | 33.59% |
| 2011-09-30 | 32.69% |
| 2011-06-30 | 31.74% |
| 2011-03-31 | 31.41% |
| 2010-12-31 | 31.18% |
| 2010-09-30 | 30.70% |
| 2010-06-30 | 31.54% |
| 2010-03-31 | 29.89% |
| 2009-12-31 | 29.83% |
| 2009-09-30 | 29.45% |
| 2009-06-30 | 28.76% |
| 2009-03-31 | 28.92% |
| 2008-12-31 | 27.20% |
| 2008-09-30 | 28.27% |
| 2008-06-30 | 25.75% |
| 2008-03-31 | 24.38% |
| 2007-12-31 | 23.67% |
| 2007-09-30 | 24.02% |
| 2007-06-30 | 24.69% |
| 2007-03-31 | 23.92% |
| 2006-12-31 | 29.36% |
| 2006-09-30 | 30.23% |
| 2006-06-30 | 30.15% |
| 2006-03-31 | 31.45% |
| 2005-12-31 | 29.29% |
| 2005-09-30 | 30.21% |
| 2005-06-30 | 32.80% |
| 2005-03-31 | 33.25% |
| 2004-12-31 | 33.95% |
| 2004-09-30 | 37.73% |
| 2004-06-30 | 38.58% |
| 2004-03-31 | 39.38% |
| 2003-12-31 | 39.06% |
| 2003-09-30 | 39.91% |
| 2003-06-30 | 35.48% |
| 2003-03-31 | 35.35% |
| 2002-12-31 | 36.85% |
| 2002-09-30 | 36.41% |