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 28.98% is 28% below its 5-year average of 40.13%, near the low end of its 5-year range (28.98%–42.66%).
As of the fiscal period ended Tuesday, March 31, 2026. 26.38% below its 12-month average of 39.36%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
28.98%
DEBT TO ASSETS RATIO AVG TTM
39.36%
DEBT TO ASSETS RATIO AVG 3Y
41.28%
DEBT TO ASSETS RATIO AVG 5Y
41.30%
DEBT TO ASSETS RATIO AVG 10Y
36.28%
DEBT TO ASSETS RATIO AVG 15Y
33.19%
DEBT TO ASSETS RATIO AVG 20Y
33.52%
CURRENT VS TTM AVG
-26.38%
CURRENT VS 3Y AVG
-29.79%
CURRENT VS 5Y AVG
-29.83%
CURRENT VS 10Y AVG
-20.13%
CURRENT VS 15Y AVG
-12.69%
CURRENT VS 20Y AVG
-13.55%
SECTOR MEDIAN · UTILITIES
0.43%
median of 41 covered companies
CURRENT VS SECTOR MEDIAN
+6639.35%
vs the sector median at left
Public Service Enterprise Group Incorporated
Market Cap
$39.34B
Debt to Assets Ratio
28.98%
TTM Avg
39.36%
3Y Avg
41.28%
5Y Avg
41.30%
Market Cap
$41.27B
Debt to Assets Ratio
0.39%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$37.01B
Debt to Assets Ratio
0.43%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$29.94B
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) | $39.34B | 28.98% | 39.36% | 41.28% | 41.30% |
| Consolidated Edison, Inc. (ED)vs › | $41.27B | 0.39% | N/A | N/A | N/A |
| WEC Energy Group, Inc. (WEC)vs › | $37.01B | 0.43% | N/A | N/A | N/A |
| Ameren Corporation (AEE)vs › | $31.14B | 0.41% | N/A | N/A | N/A |
| PG&E Corporation (PCG)vs › | $47.65B | 0.43% | N/A | N/A | N/A |
| Edison International (EIX)vs › | $30.70B | 0.45% | N/A | N/A | N/A |
| DTE Energy Company (DTE)vs › | $30.43B | 0.49% | N/A | N/A | N/A |
| Exelon Corporation (EXC)vs › | $48.41B | 0.43% | N/A | N/A | N/A |
| Atmos Energy Corporation (ATO)vs › | $29.94B | 0.32% | N/A | N/A | N/A |
| CenterPoint Energy, Inc. (CNP)vs › | $28.85B | 0.49% | N/A | N/A | N/A |
Debt/Assets
29.0%
Debt/Equity
1.44
Current Ratio
0.80
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 |
|---|---|
| 2026-03-31 | 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% |
| 2002-06-30 | 52.93% |
