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Debt to Assets Ratio: 44.34%

Is the debt to assets ratio high or low?

The debt to assets ratio of 44.34% is in line with its 5-year average of 44.60%, around the middle of its 5-year range (42.76%–46.34%).

As of Thursday, June 25, 2026. 1.26% above its 12-month average of 43.79%.

Debt to Assets

PCG Debt to Assets Ratio

44.34%

Reported quarterly debt to assets ratio; no daily interpolation.

+1.12% 5Y
PCG Debt to Assets Ratio

PCG Average Debt to Assets Ratio Chart

PCG Debt to Assets Ratio

PCG Current vs Average Debt to Assets Ratio Chart

PCG Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

44.34%

DEBT TO ASSETS RATIO AVG TTM

43.79%

DEBT TO ASSETS RATIO AVG 3Y

44.91%

DEBT TO ASSETS RATIO AVG 5Y

44.60%

DEBT TO ASSETS RATIO AVG 10Y

34.32%

DEBT TO ASSETS RATIO AVG 15Y

31.82%

DEBT TO ASSETS RATIO AVG 20Y

30.96%

CURRENT VS TTM AVG

+1.26%

CURRENT VS 3Y AVG

-1.28%

CURRENT VS 5Y AVG

-0.58%

CURRENT VS 10Y AVG

+29.21%

CURRENT VS 15Y AVG

+39.33%

CURRENT VS 20Y AVG

+43.22%

PCG Competitors' Debt to Assets Ratio

NAMEMARKET CAPDEBT TO ASSETS RATIOTTM3Y5Y
PG&E Corporation (PCG)$37.70B44.34%43.79%44.91%44.60%
WEC Energy Group, Inc. (WEC)vs ›$37.66B0.43%N/AN/AN/A
Consolidated Edison, Inc. (ED)vs ›$40.80B0.39%N/AN/AN/A
Public Service Enterprise Group Incorporated (PEG)vs ›$40.84B0.42%N/AN/AN/A
Ameren Corporation (AEE)vs ›$31.36B0.41%N/AN/AN/A
NRG Energy, Inc. (NRG)vs ›$30.00B0.58%N/AN/AN/A
Atmos Energy Corporation (ATO)vs ›$28.81B0.32%N/AN/AN/A
CenterPoint Energy, Inc. (CNP)vs ›$28.69B0.49%N/AN/AN/A
Edison International (EIX)vs ›$28.56B0.45%N/AN/AN/A
PPL Corporation (PPL)vs ›$27.78B0.43%N/AN/AN/A

Leverage Ratios Comparison

Debt/Assets

44.3%

Debt/Equity

1.88

Current Ratio

0.97

Interest Coverage

1.6x

Formula: Debt/Assets = Total Debt / Total Assets × 100

Debt/Assets vs Debt/Equity:

  • Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
  • Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
  • Both measure leverage but from different perspectives

Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.

Debt to Assets Ratio Formula & Definition

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

Debt to Assets Ratio FAQ

What is the debt to assets ratio for PG&E Corporation (PCG)?
The debt to assets ratio for PCG stock is 44.34%.
Is PG&E Corporation's debt to assets ratio high or low?
The debt to assets ratio of 44.34% is in line with its 5-year average of 44.60%, around the middle of its 5-year range (42.76%–46.34%).
What is the TTM average debt to assets ratio for PG&E Corporation (PCG)?
The TTM average debt to assets ratio for PCG stock is 43.79%.
What is the 3Y average debt to assets ratio for PG&E Corporation (PCG)?
The 3Y average debt to assets ratio for PCG stock is 44.91%.
What is the 5Y average debt to assets ratio for PG&E Corporation (PCG)?
The 5Y average debt to assets ratio for PCG stock is 44.60%.
What is the 10Y average debt to assets ratio for PG&E Corporation (PCG)?
The 10Y average debt to assets ratio for PCG stock is 34.32%.
What is the 15Y average debt to assets ratio for PG&E Corporation (PCG)?
The 15Y average debt to assets ratio for PCG stock is 31.82%.
What is the 20Y average debt to assets ratio for PG&E Corporation (PCG)?
The 20Y average debt to assets ratio for PCG stock is 30.96%.

PCG Debt to Assets Ratio History

DATEDEBT TO ASSETS RATIO
2026-03-3144.34%
2025-12-3143.31%
2025-09-3043.25%
2025-06-3043.76%
2025-03-3144.28%
2024-12-3143.65%
2024-09-3045.37%
2024-06-3046.34%
2024-03-3145.88%
2023-12-3145.93%
2023-09-3045.49%
2023-06-3046.16%
2023-03-3146.13%
2022-12-3145.13%
2022-09-3044.44%
2022-06-3043.79%
2022-03-3144.97%
2021-12-3144.68%
2021-09-3042.76%
2021-06-3043.85%
2021-03-3143.05%
2020-12-3143.54%
2020-09-3042.51%
2020-06-3036.43%
2020-03-314.86%
2019-12-314.44%
2019-09-304.59%
2019-06-304.93%
2019-03-313.75%
2018-12-3128.57%
2018-09-3027.11%
2018-06-3027.55%
2018-03-3127.54%
2017-12-3128.13%
2017-09-3025.43%
2017-06-3026.40%
2017-03-3126.42%
2016-12-3126.88%
2016-09-3026.79%
2016-06-3027.63%
2016-03-3126.88%
2015-12-3127.05%
2015-09-3026.50%
2015-06-3026.87%
2015-03-3126.27%
2014-12-3126.08%
2014-09-3025.88%
2014-06-3027.04%
2014-03-3126.60%
2013-12-3126.58%
2013-09-3025.64%
2013-06-3026.06%
2013-03-3125.26%
2012-12-3125.57%
2012-09-3026.39%
2012-06-3026.87%
2012-03-3126.98%
2011-12-3127.91%
2011-09-3027.84%
2011-06-3028.24%
2011-03-3128.61%
2010-12-3129.10%
2010-09-3029.24%
2010-06-3029.09%
2010-03-3130.08%
2009-12-3129.73%
2009-09-3028.18%
2009-06-3029.24%
2009-03-3129.19%
2008-12-3128.86%
2008-09-3026.02%
2008-06-3022.89%
2008-03-3123.79%
2007-12-3124.69%
2007-09-3030.31%
2007-06-3029.66%
2007-03-3129.09%
2006-12-3129.60%
2006-09-3028.69%
2006-06-3029.70%
2006-03-3129.41%
2005-12-3130.55%
2005-09-3021.94%
2005-06-3028.42%
2005-03-3120.85%
2004-12-3126.78%
2004-09-3028.64%
2004-06-3027.01%
2004-03-3145.89%
2003-12-3146.73%
2003-09-3017.51%
2003-06-3047.06%
2003-03-3127.04%
2002-12-3116.47%
2002-09-3023.23%
2002-06-3048.60%

About PG&E Corporation

PG&E Corporation operates as a holding company, overseeing the generation, transmission, and distribution of electricity and natural gas to its clientele. The firm's expertise spans a broad range of energy-related services, including general utilities, power provision, gas supply, electrical grids, solar solutions, and sustainability initiatives. Established in 1995, the company maintains its corporate headquarters in Oakland, California.

Oakland, CA
28,410 employees
Utilities / Regulated Electric
Sector
Utilities
Industry
Regulated Electric
CEO
Patricia Kessler Poppe