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 6.34 is 212% above its 3-year average of 2.04, near the high end of its 3-year range (0.00–6.34).
As of the fiscal period ended Tuesday, March 31, 2026. 61.77% above its 12-month average of 3.92.
Reported quarterly debt to equity ratio; no daily interpolation.
DEBT TO EQUITY RATIO
6.34
DEBT TO EQUITY RATIO AVG TTM
3.92
DEBT TO EQUITY RATIO AVG 3Y
1.45
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
+61.77%
CURRENT VS 3Y AVG
+338.45%
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
1.73
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+265.64%
vs the sector median at left
Talen Energy Corporation
Market Cap
$14.35B
Debt to Equity Ratio
6.34
TTM Avg
3.92
3Y Avg
1.45
5Y Avg
N/A
Market Cap
$12.40B
Debt to Equity Ratio
2.53
TTM Avg
2.08
3Y Avg
1.83
5Y Avg
1.66
Market Cap
$10.57B
Debt to Equity Ratio
4.40
TTM Avg
6.18
3Y Avg
8.20
5Y Avg
7.84
Market Cap
$18.60B
Debt to Equity Ratio
1.68
TTM Avg
1.58
3Y Avg
1.49
5Y Avg
1.42
Market Cap
$9.68B
Debt to Equity Ratio
7.78
TTM Avg
5.73
3Y Avg
4.19
5Y Avg
3.75
Market Cap
$8.31B
Debt to Equity Ratio
5.30
TTM Avg
4.53
3Y Avg
4.12
5Y Avg
4.17
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Talen Energy Corporation (TLN) | $14.35B | 6.34 | 3.92 | 1.45 | N/A |
| Pinnacle West Capital Corporation (PNW)vs › | $12.40B | 2.53 | 2.08 | 1.83 | 1.66 |
| The AES Corporation (AES)vs › | $10.57B | 4.40 | 6.18 | 8.20 | 7.84 |
| Alliant Energy Corporation (LNT)vs › | $18.60B | 1.68 | 1.58 | 1.49 | 1.42 |
| Brookfield Renewable Partners L.P. (BEP)vs › | $9.68B | 7.78 | 5.73 | 4.19 | 3.75 |
| Evergy, Inc. (EVRG)vs › | $19.36B | 1.51 | 1.46 | 1.39 | 1.32 |
| Clearway Energy, Inc. (CWEN-A)vs › | $8.31B | 5.30 | 4.53 | 4.12 | 4.17 |
| UGI Corporation (UGI)vs › | $7.87B | 1.58 | 1.61 | 1.50 | 1.47 |
| NiSource Inc (NI)vs › | $21.48B | 1.72 | 1.67 | 1.64 | 1.62 |
| Oklo Inc. (OKLO)vs › | $6.41B | 0.00 | 0.01 | 0.01 | 0.03 |
Debt/Equity
6.34
Current Ratio
1.28
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 |
|---|---|
| 2026-03-31 | 6.34 |
| 2025-12-31 | 6.24 |
| 2025-09-30 | 2.03 |
| 2025-06-30 | 2.46 |
| 2025-03-31 | 2.54 |
| 2024-12-31 | 2.17 |
| 2024-09-30 | 1.10 |
| 2024-06-30 | 1.05 |
| 2024-03-31 | 0.97 |
| 2023-12-31 | 1.15 |
| 2023-09-30 | 1.25 |
| 2023-06-30 | 1.21 |
| 2023-03-31 | 0.00 |
| 2022-09-30 | 0.00 |
