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 0.12 is 54% below its 1-year average of 0.26, near the low end of its 1-year range (0.12–0.40).
As of the fiscal period ended Tuesday, June 30, 2026.
Reported quarterly debt to equity ratio; no daily interpolation.
Limited quarterly history available
Debt to Equity needs at least three reported quarters before a meaningful chart is shown.
DEBT TO EQUITY RATIO
0.12
DEBT TO EQUITY RATIO AVG TTM
N/A
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
N/A
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
1.61
median of 66 covered companies
CURRENT VS SECTOR MEDIAN
-92.48%
vs the sector median at left
Market Cap
$4.24B
Debt to Equity Ratio
1.24
TTM Avg
1.14
3Y Avg
1.07
5Y Avg
1.09
Market Cap
$3.26B
Debt to Equity Ratio
0.17
TTM Avg
1.04
3Y Avg
1.04
5Y Avg
1.04
Market Cap
$5.38B
Debt to Equity Ratio
1.14
TTM Avg
1.24
3Y Avg
1.35
5Y Avg
1.42
Market Cap
$2.50B
Debt to Equity Ratio
6.15
TTM Avg
6.35
3Y Avg
5.99
5Y Avg
5.57
Market Cap
$2.32B
Debt to Equity Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fervo Energy Company (FRVO) | $4.06B | 0.12 | N/A | N/A | N/A |
| Northwestern Energy Group Inc (NWE)vs › | $4.24B | 1.24 | 1.14 | 1.07 | 1.09 |
| SOLV Energy, Inc. Class A Common Stock (MWH)vs › | $3.26B | 0.17 | 1.04 | 1.04 | 1.04 |
| Avista Corporation (AVA)vs › | $2.93B | 1.17 | 1.23 | 1.23 | 1.22 |
| Black Hills Corporation (BKH)vs › | $5.38B | 1.14 | 1.24 | 1.35 | 1.42 |
| MGE Energy, Inc. (MGEE)vs › | $2.65B | 0.62 | 0.68 | 0.68 | 0.66 |
| ReNew Energy Global Plc (RNW)vs › | $2.50B | 6.15 | 6.35 | 5.99 | 5.57 |
| H2O America (HTO)vs › | $2.43B | 1.03 | 1.31 | 1.38 | 1.46 |
| newcleo plc Ordinary Shares (NWCL)vs › | $2.32B | N/A | N/A | N/A | N/A |
| Northwest Natural Holding Company (NWN)vs › | $1.98B | 1.73 | 1.64 | 1.52 | 1.53 |
Debt/Equity
0.12
Current Ratio
8.62
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 |
|---|---|
| 2026-06-30 | 0.12 |
| 2026-03-31 | 0.40 |
