Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to equity ratio high or low?
The debt to equity ratio of 0.43 is 105% above its 1-year average of -9.47, near the high end of its 1-year range (-48.32–0.43).
As of the fiscal period ended Tuesday, March 31, 2026. 104.58% above its 12-month average of -9.47.
Reported quarterly debt to equity ratio; no daily interpolation.
DEBT TO EQUITY RATIO
0.43
DEBT TO EQUITY RATIO AVG TTM
-9.47
DEBT TO EQUITY RATIO AVG 3Y
N/A
DEBT TO EQUITY RATIO AVG 5Y
N/A
DEBT TO EQUITY RATIO AVG 10Y
N/A
DEBT TO EQUITY RATIO AVG 15Y
N/A
DEBT TO EQUITY RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+104.58%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · UTILITIES
1.64
median of 44 covered companies
CURRENT VS SECTOR MEDIAN
-73.56%
vs the sector median at left
Fermi Inc. Common Stock
Market Cap
$3.94B
Debt to Equity Ratio
0.43
TTM Avg
-9.47
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.93B
Debt to Equity Ratio
0.00
TTM Avg
0.00
3Y Avg
0.02
5Y Avg
0.06
Market Cap
$2.43B
Debt to Equity Ratio
1.05
TTM Avg
0.48
3Y Avg
0.28
5Y Avg
0.22
Market Cap
$5.68B
Debt to Equity Ratio
1.18
TTM Avg
1.24
3Y Avg
1.35
5Y Avg
1.42
Market Cap
$2.12B
Debt to Equity Ratio
1.65
TTM Avg
1.64
3Y Avg
1.52
5Y Avg
1.53
Market Cap
$1.08B
Debt to Equity Ratio
1.86
TTM Avg
1.80
3Y Avg
1.74
5Y Avg
1.70
Market Cap
$542.40M
Debt to Equity Ratio
0.00
TTM Avg
0.00
3Y Avg
0.00
5Y Avg
0.00
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fermi Inc. Common Stock (FRMI) | $3.94B | 0.43 | -9.47 | N/A | N/A |
| Avista Corporation (AVA)vs › | $3.24B | 1.14 | 1.23 | 1.23 | 1.22 |
| NuScale Power Corporation (SMR)vs › | $2.93B | 0.00 | 0.00 | 0.02 | 0.06 |
| Fluence Energy, Inc. (FLNC)vs › | $2.43B | 1.05 | 0.48 | 0.28 | 0.22 |
| Black Hills Corporation (BKH)vs › | $5.68B | 1.18 | 1.24 | 1.35 | 1.42 |
| Northwest Natural Holding Company (NWN)vs › | $2.12B | 1.65 | 1.64 | 1.52 | 1.53 |
| XPLR Infrastructure, LP (XIFR)vs › | $1.08B | 1.86 | 1.80 | 1.74 | 1.70 |
| UGI Corporation (UGI)vs › | $7.33B | 1.25 | 1.61 | 1.50 | 1.47 |
| Deep Fission, Inc. (FISN)vs › | $542.40M | 0.00 | 0.00 | 0.00 | 0.00 |
| Clearway Energy, Inc. (CWEN-A)vs › | $8.31B | 1.81 | 4.53 | 4.12 | 4.17 |
Debt/Equity
0.43
Current Ratio
0.87
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2026-03-31 | 0.43 |
| 2025-12-31 | 0.12 |
| 2025-09-30 | 0.41 |
| 2025-06-30 | -48.32 |
| 2025-03-31 | 0.00 |
