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 49.30% is in line with its 5-year average of 49.56%, around the middle of its 5-year range (46.16%–54.84%).
As of the fiscal period ended Tuesday, March 31, 2026. 2.09% above its 12-month average of 48.29%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
49.30%
DEBT TO ASSETS RATIO AVG TTM
48.29%
DEBT TO ASSETS RATIO AVG 3Y
48.58%
DEBT TO ASSETS RATIO AVG 5Y
49.56%
DEBT TO ASSETS RATIO AVG 10Y
49.65%
DEBT TO ASSETS RATIO AVG 15Y
46.65%
DEBT TO ASSETS RATIO AVG 20Y
44.99%
CURRENT VS TTM AVG
+2.09%
CURRENT VS 3Y AVG
+1.48%
CURRENT VS 5Y AVG
-0.53%
CURRENT VS 10Y AVG
-0.71%
CURRENT VS 15Y AVG
+5.68%
CURRENT VS 20Y AVG
+9.58%
SECTOR MEDIAN · UTILITIES
0.43%
median of 41 covered companies
CURRENT VS SECTOR MEDIAN
+11365.08%
vs the sector median at left
FirstEnergy Corp.
Market Cap
$28.87B
Debt to Assets Ratio
49.30%
TTM Avg
48.29%
3Y Avg
48.58%
5Y Avg
49.56%
Market Cap
$29.15B
Debt to Assets Ratio
0.49%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$29.92B
Debt to Assets Ratio
0.32%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$26.30B
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 |
|---|---|---|---|---|---|
| FirstEnergy Corp. (FE) | $28.87B | 49.30% | 48.29% | 48.58% | 49.56% |
| CenterPoint Energy, Inc. (CNP)vs › | $29.15B | 0.49% | N/A | N/A | N/A |
| Eversource Energy (ES)vs › | $28.17B | 0.47% | N/A | N/A | N/A |
| NRG Energy, Inc. (NRG)vs › | $29.76B | 0.58% | N/A | N/A | N/A |
| Atmos Energy Corporation (ATO)vs › | $29.92B | 0.32% | N/A | N/A | N/A |
| PPL Corporation (PPL)vs › | $27.25B | 0.43% | N/A | N/A | N/A |
| Edison International (EIX)vs › | $30.69B | 0.45% | N/A | N/A | N/A |
| DTE Energy Company (DTE)vs › | $31.09B | 0.49% | N/A | N/A | N/A |
| American Water Works Company, Inc. (AWK)vs › | $26.30B | 0.44% | N/A | N/A | N/A |
| Ameren Corporation (AEE)vs › | $31.49B | 0.41% | N/A | N/A | N/A |
Debt/Assets
49.3%
Debt/Equity
2.16
Current Ratio
0.57
Interest Coverage
2.5x
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 |
|---|---|
| 2026-03-31 | 49.30% |
| 2025-12-31 | 48.42% |
| 2025-09-30 | 49.16% |
| 2025-06-30 | 47.61% |
| 2025-03-31 | 46.97% |
| 2024-12-31 | 46.16% |
| 2024-09-30 | 46.70% |
| 2024-06-30 | 46.94% |
| 2024-03-31 | 47.79% |
| 2023-12-31 | 51.08% |
| 2023-09-30 | 51.51% |
| 2023-06-30 | 51.01% |
| 2023-03-31 | 48.90% |
| 2022-12-31 | 46.98% |
| 2022-09-30 | 47.40% |
| 2022-06-30 | 46.80% |
| 2022-03-31 | 51.91% |
| 2021-12-31 | 52.50% |
| 2021-09-30 | 54.12% |
| 2021-06-30 | 54.68% |
| 2021-03-31 | 54.84% |
| 2020-12-31 | 55.05% |
| 2020-09-30 | 52.61% |
| 2020-06-30 | 52.30% |
| 2020-03-31 | 52.15% |
| 2019-12-31 | 49.64% |
| 2019-09-30 | 50.12% |
| 2019-06-30 | 50.59% |
| 2019-03-31 | 50.19% |
| 2018-12-31 | 48.68% |
| 2018-09-30 | 49.28% |
| 2018-06-30 | 49.41% |
| 2018-03-31 | 49.23% |
| 2017-12-31 | 46.25% |
| 2017-09-30 | 51.93% |
| 2017-06-30 | 52.67% |
| 2017-03-31 | 52.44% |
| 2016-12-31 | 52.27% |
| 2016-09-30 | 43.73% |
| 2016-06-30 | 43.97% |
| 2016-03-31 | 42.43% |
| 2015-12-31 | 42.10% |
| 2015-09-30 | 42.11% |
| 2015-06-30 | 42.96% |
| 2015-03-31 | 42.79% |
| 2014-12-31 | 41.75% |
| 2014-09-30 | 42.05% |
| 2014-06-30 | 42.33% |
| 2014-03-31 | 41.59% |
| 2013-12-31 | 40.95% |
| 2013-09-30 | 40.86% |
| 2013-06-30 | 41.18% |
| 2013-03-31 | 40.18% |
| 2012-12-31 | 37.99% |
| 2012-09-30 | 38.38% |
| 2012-06-30 | 38.77% |
| 2012-03-31 | 38.53% |
| 2011-12-31 | 36.63% |
| 2011-09-30 | 37.85% |
| 2011-06-30 | 40.35% |
| 2011-03-31 | 40.54% |
| 2010-12-31 | 42.42% |
| 2010-09-30 | 37.76% |
| 2010-06-30 | 43.22% |
| 2010-03-31 | 42.60% |
| 2009-12-31 | 43.50% |
| 2009-09-30 | 44.18% |
| 2009-06-30 | 43.08% |
| 2009-03-31 | 42.43% |
| 2008-12-31 | 41.68% |
| 2008-09-30 | 40.45% |
| 2008-06-30 | 40.90% |
| 2008-03-31 | 37.53% |
| 2007-12-31 | 36.75% |
| 2007-09-30 | 36.19% |
| 2007-06-30 | 41.08% |
| 2007-03-31 | 40.53% |
| 2006-12-31 | 36.90% |
| 2006-09-30 | 36.19% |
| 2006-06-30 | 36.33% |
| 2006-03-31 | 34.75% |
| 2005-12-31 | 34.32% |
| 2005-09-30 | 33.94% |
| 2005-06-30 | 35.46% |
| 2005-03-31 | 35.16% |
| 2004-12-31 | 35.81% |
| 2004-09-30 | 35.51% |
| 2004-06-30 | 35.83% |
| 2004-03-31 | 36.89% |
| 2003-12-31 | 36.66% |
| 2003-09-30 | 37.38% |
| 2003-06-30 | 40.01% |
| 2003-03-31 | 40.35% |
| 2002-12-31 | 40.70% |
| 2002-09-30 | 40.17% |
| 2002-06-30 | 40.96% |
