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 41.96% is in line with its 5-year average of 41.33%, near the high end of its 5-year range (28.98%–42.66%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.82% above its 12-month average of 39.28%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 41.96%.
DEBT TO ASSETS RATIO
41.96%
DEBT TO ASSETS RATIO AVG TTM
39.28%
DEBT TO ASSETS RATIO AVG 3Y
41.33%
DEBT TO ASSETS RATIO AVG 5Y
41.33%
DEBT TO ASSETS RATIO AVG 10Y
36.65%
DEBT TO ASSETS RATIO AVG 15Y
33.38%
DEBT TO ASSETS RATIO AVG 20Y
33.51%
CURRENT VS TTM AVG
+6.82%
CURRENT VS 3Y AVG
+1.51%
CURRENT VS 5Y AVG
+1.52%
CURRENT VS 10Y AVG
+14.49%
CURRENT VS 15Y AVG
+25.70%
CURRENT VS 20Y AVG
+25.20%
SECTOR MEDIAN · UTILITIES
0.44%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+9436.39%
vs the sector median at left
Public Service Enterprise Group Incorporated
Market Cap
$36.07B
Debt to Assets Ratio
41.96%
TTM Avg
39.28%
3Y Avg
41.33%
5Y Avg
41.33%
Market Cap
$34.31B
Debt to Assets Ratio
0.44%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$39.23B
Debt to Assets Ratio
0.37%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$27.36B
Debt to Assets Ratio
0.44%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$27.24B
Debt to Assets Ratio
0.32%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Public Service Enterprise Group Incorporated (PEG) | $36.07B | 41.96% | 39.28% | 41.33% | 41.33% |
| PG&E Corporation (PCG)vs › | $36.99B | 0.45% | N/A | N/A | N/A |
| WEC Energy Group, Inc. (WEC)vs › | $34.31B | 0.44% | N/A | N/A | N/A |
| Consolidated Edison, Inc. (ED)vs › | $39.23B | 0.37% | N/A | N/A | N/A |
| Ameren Corporation (AEE)vs › | $29.03B | 0.43% | N/A | N/A | N/A |
| Exelon Corporation (EXC)vs › | $44.47B | 0.43% | N/A | N/A | N/A |
| DTE Energy Company (DTE)vs › | $27.59B | 0.50% | N/A | N/A | N/A |
| American Water Works Company, Inc. (AWK)vs › | $27.36B | 0.44% | N/A | N/A | N/A |
| Atmos Energy Corporation (ATO)vs › | $27.24B | 0.32% | N/A | N/A | N/A |
| FirstEnergy Corp. (FE)vs › | $26.69B | 0.50% | N/A | N/A | N/A |
Debt/Assets
42.0%
Debt/Equity
1.42
Current Ratio
0.88
Interest Coverage
3.1x
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 | 41.96% |
| 2026-03-31 | 28.98% |
| 2025-12-31 | 42.33% |
| 2025-09-30 | 41.31% |
| 2025-06-30 | 41.83% |
| 2025-03-31 | 42.37% |
| 2024-12-31 | 41.89% |
| 2024-09-30 | 40.80% |
| 2024-06-30 | 41.16% |
| 2024-03-31 | 41.91% |
| 2023-12-31 | 40.22% |
| 2023-09-30 | 40.17% |
| 2023-06-30 | 40.06% |
| 2023-03-31 | 41.26% |
| 2022-12-31 | 41.95% |
| 2022-09-30 | 42.07% |
| 2022-06-30 | 42.66% |
| 2022-03-31 | 40.88% |
| 2021-12-31 | 40.06% |
| 2021-09-30 | 40.42% |
| 2021-06-30 | 35.20% |
| 2021-03-31 | 35.22% |
| 2020-12-31 | 34.96% |
| 2020-09-30 | 35.19% |
| 2020-06-30 | 35.06% |
| 2020-03-31 | 35.22% |
| 2019-12-31 | 34.56% |
| 2019-09-30 | 34.44% |
| 2019-06-30 | 34.56% |
| 2019-03-31 | 33.91% |
| 2018-12-31 | 34.15% |
| 2018-09-30 | 32.79% |
| 2018-06-30 | 32.79% |
| 2018-03-31 | 31.94% |
| 2017-12-31 | 31.86% |
| 2017-09-30 | 30.92% |
| 2017-06-30 | 30.90% |
| 2017-03-31 | 29.53% |
| 2016-12-31 | 29.41% |
| 2016-09-30 | 27.74% |
| 2016-06-30 | 28.01% |
| 2016-03-31 | 26.88% |
| 2015-12-31 | 26.46% |
| 2015-09-30 | 25.42% |
| 2015-06-30 | 25.72% |
| 2015-03-31 | 25.36% |
| 2014-12-31 | 25.78% |
| 2014-09-30 | 26.25% |
| 2014-06-30 | 26.79% |
| 2014-03-31 | 25.77% |
| 2013-12-31 | 26.76% |
| 2013-09-30 | 26.02% |
| 2013-06-30 | 26.22% |
| 2013-03-31 | 26.11% |
| 2012-12-31 | 25.85% |
| 2012-09-30 | 27.06% |
| 2012-06-30 | 27.62% |
| 2012-03-31 | 26.69% |
| 2011-12-31 | 27.14% |
| 2011-09-30 | 29.99% |
| 2011-06-30 | 29.69% |
| 2011-03-31 | 30.33% |
| 2010-12-31 | 30.10% |
| 2010-09-30 | 31.46% |
| 2010-06-30 | 28.64% |
| 2010-03-31 | 28.40% |
| 2009-12-31 | 30.32% |
| 2009-09-30 | 29.74% |
| 2009-06-30 | 30.89% |
| 2009-03-31 | 30.42% |
| 2008-12-31 | 31.18% |
| 2008-09-30 | 32.26% |
| 2008-06-30 | 35.42% |
| 2008-03-31 | 32.71% |
| 2007-12-31 | 34.81% |
| 2007-09-30 | 38.76% |
| 2007-06-30 | 39.42% |
| 2007-03-31 | 39.95% |
| 2006-12-31 | 39.64% |
| 2006-09-30 | 41.57% |
| 2006-06-30 | 42.45% |
| 2006-03-31 | 42.65% |
| 2005-12-31 | 43.31% |
| 2005-09-30 | 46.38% |
| 2005-06-30 | 48.29% |
| 2005-03-31 | 47.17% |
| 2004-12-31 | 46.57% |
| 2004-09-30 | 49.53% |
| 2004-06-30 | 49.17% |
| 2004-03-31 | 48.17% |
| 2003-12-31 | 49.75% |
| 2003-09-30 | 54.16% |
| 2003-06-30 | 48.29% |
| 2003-03-31 | 47.29% |
| 2002-12-31 | 47.32% |
| 2002-09-30 | 50.25% |
