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 44.54% is in line with its 5-year average of 44.67%, around the middle of its 5-year range (42.76%–46.34%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.59% above its 12-month average of 43.84%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
44.54%
DEBT TO ASSETS RATIO AVG TTM
43.84%
DEBT TO ASSETS RATIO AVG 3Y
44.79%
DEBT TO ASSETS RATIO AVG 5Y
44.67%
DEBT TO ASSETS RATIO AVG 10Y
34.75%
DEBT TO ASSETS RATIO AVG 15Y
32.08%
DEBT TO ASSETS RATIO AVG 20Y
31.15%
CURRENT VS TTM AVG
+1.59%
CURRENT VS 3Y AVG
-0.57%
CURRENT VS 5Y AVG
-0.29%
CURRENT VS 10Y AVG
+28.18%
CURRENT VS 15Y AVG
+38.81%
CURRENT VS 20Y AVG
+42.99%
SECTOR MEDIAN · UTILITIES
0.44%
median of 41 covered companies
CURRENT VS SECTOR MEDIAN
+10021.97%
vs the sector median at left
PG&E Corporation
Market Cap
$46.79B
Debt to Assets Ratio
44.54%
TTM Avg
43.84%
3Y Avg
44.79%
5Y Avg
44.67%
Market Cap
$39.79B
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$37.70B
Debt to Assets Ratio
156.31%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$35.06B
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 |
|---|---|---|---|---|---|
| PG&E Corporation (PCG) | $46.79B | 44.54% | 43.84% | 44.79% | 44.67% |
| Exelon Corporation (EXC)vs › | $46.99B | 0.43% | N/A | N/A | N/A |
| Vistra Corp. (VST)vs › | $47.40B | N/A | N/A | N/A | N/A |
| Xcel Energy Inc. (XEL)vs › | $48.77B | 0.46% | N/A | N/A | N/A |
| Entergy Corporation (ETR)vs › | $50.01B | 0.44% | N/A | N/A | N/A |
| Consolidated Edison, Inc. (ED)vs › | $39.79B | N/A | N/A | N/A | N/A |
| Sempra (SRE)vs › | $54.83B | 1.11% | N/A | N/A | N/A |
| Public Service Enterprise Group Incorporated (PEG)vs › | $37.70B | 156.31% | N/A | N/A | N/A |
| WEC Energy Group, Inc. (WEC)vs › | $35.06B | 0.44% | N/A | N/A | N/A |
| Dominion Energy, Inc. (D)vs › | $59.27B | 0.44% | N/A | N/A | N/A |
Debt/Assets
44.5%
Debt/Equity
1.91
Current Ratio
1.22
Interest Coverage
1.6x
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 | 44.54% |
| 2026-03-31 | 44.34% |
| 2025-12-31 | 43.31% |
| 2025-09-30 | 43.25% |
| 2025-06-30 | 43.76% |
| 2025-03-31 | 44.28% |
| 2024-12-31 | 43.65% |
| 2024-09-30 | 45.37% |
| 2024-06-30 | 46.34% |
| 2024-03-31 | 45.88% |
| 2023-12-31 | 45.93% |
| 2023-09-30 | 45.49% |
| 2023-06-30 | 46.16% |
| 2023-03-31 | 46.13% |
| 2022-12-31 | 45.13% |
| 2022-09-30 | 44.44% |
| 2022-06-30 | 43.79% |
| 2022-03-31 | 44.97% |
| 2021-12-31 | 44.68% |
| 2021-09-30 | 42.76% |
| 2021-06-30 | 43.85% |
| 2021-03-31 | 43.05% |
| 2020-12-31 | 43.54% |
| 2020-09-30 | 42.51% |
| 2020-06-30 | 36.43% |
| 2020-03-31 | 4.86% |
| 2019-12-31 | 4.44% |
| 2019-09-30 | 4.59% |
| 2019-06-30 | 4.93% |
| 2019-03-31 | 3.75% |
| 2018-12-31 | 28.57% |
| 2018-09-30 | 27.11% |
| 2018-06-30 | 27.55% |
| 2018-03-31 | 27.54% |
| 2017-12-31 | 28.13% |
| 2017-09-30 | 25.43% |
| 2017-06-30 | 26.40% |
| 2017-03-31 | 26.42% |
| 2016-12-31 | 26.88% |
| 2016-09-30 | 26.79% |
| 2016-06-30 | 27.63% |
| 2016-03-31 | 26.88% |
| 2015-12-31 | 27.05% |
| 2015-09-30 | 26.50% |
| 2015-06-30 | 26.87% |
| 2015-03-31 | 26.27% |
| 2014-12-31 | 26.08% |
| 2014-09-30 | 25.88% |
| 2014-06-30 | 27.04% |
| 2014-03-31 | 26.60% |
| 2013-12-31 | 26.58% |
| 2013-09-30 | 25.64% |
| 2013-06-30 | 26.06% |
| 2013-03-31 | 25.26% |
| 2012-12-31 | 25.57% |
| 2012-09-30 | 26.39% |
| 2012-06-30 | 26.87% |
| 2012-03-31 | 26.98% |
| 2011-12-31 | 27.91% |
| 2011-09-30 | 27.84% |
| 2011-06-30 | 28.24% |
| 2011-03-31 | 28.61% |
| 2010-12-31 | 29.10% |
| 2010-09-30 | 29.24% |
| 2010-06-30 | 29.09% |
| 2010-03-31 | 30.08% |
| 2009-12-31 | 29.73% |
| 2009-09-30 | 28.18% |
| 2009-06-30 | 29.24% |
| 2009-03-31 | 29.19% |
| 2008-12-31 | 28.86% |
| 2008-09-30 | 26.02% |
| 2008-06-30 | 22.89% |
| 2008-03-31 | 23.79% |
| 2007-12-31 | 24.69% |
| 2007-09-30 | 30.31% |
| 2007-06-30 | 29.66% |
| 2007-03-31 | 29.09% |
| 2006-12-31 | 29.60% |
| 2006-09-30 | 28.69% |
| 2006-06-30 | 29.70% |
| 2006-03-31 | 29.41% |
| 2005-12-31 | 30.55% |
| 2005-09-30 | 21.94% |
| 2005-06-30 | 28.42% |
| 2005-03-31 | 20.85% |
| 2004-12-31 | 26.78% |
| 2004-09-30 | 28.64% |
| 2004-06-30 | 27.01% |
| 2004-03-31 | 45.89% |
| 2003-12-31 | 46.73% |
| 2003-09-30 | 17.51% |
| 2003-06-30 | 47.06% |
| 2003-03-31 | 27.04% |
| 2002-12-31 | 16.47% |
| 2002-09-30 | 23.23% |
