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 4.24 is 27% below its 2-year average of 5.84, around the middle of its 2-year range (0.00–14.04).
As of the fiscal period ended Tuesday, March 31, 2026. 18.11% below its 12-month average of 5.18.
Reported quarterly debt to equity ratio; no daily interpolation.
DEBT TO EQUITY RATIO
4.24
DEBT TO EQUITY RATIO AVG TTM
5.18
DEBT TO EQUITY RATIO AVG 3Y
N/A
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
-18.11%
CURRENT VS 3Y AVG
N/A
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 · ENERGY
0.61
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+589.73%
vs the sector median at left
Market Cap
$26.86B
Debt to Equity Ratio
0.02
TTM Avg
0.01
3Y Avg
0.01
5Y Avg
0.00
Market Cap
$26.51B
Debt to Equity Ratio
0.57
TTM Avg
0.60
3Y Avg
0.58
5Y Avg
0.77
Market Cap
$24.72B
Debt to Equity Ratio
0.27
TTM Avg
0.28
3Y Avg
0.24
5Y Avg
0.30
Market Cap
$21.18B
Debt to Equity Ratio
0.27
TTM Avg
0.30
3Y Avg
0.29
5Y Avg
0.31
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Venture Global, Inc. (VG) | $29.72B | 4.24 | 5.18 | N/A | N/A |
| Tenaris S.A. (TS)vs › | $29.85B | 0.03 | 0.04 | 0.03 | 0.04 |
| EQT Corporation (EQT)vs › | $32.31B | 0.33 | 0.39 | 0.42 | 0.47 |
| Texas Pacific Land Corporation (TPL)vs › | $26.86B | 0.02 | 0.01 | 0.01 | 0.00 |
| Devon Energy Corporation (DVN)vs › | $26.51B | 0.57 | 0.60 | 0.58 | 0.77 |
| Halliburton Company (HAL)vs › | $26.09B | 0.78 | 0.80 | 0.92 | 1.23 |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 0.27 | 0.28 | 0.24 | 0.30 |
| Cameco Corporation (CCJ)vs › | $37.87B | 0.15 | 0.17 | 0.20 | 0.20 |
| Expand Energy Corporation (EXE)vs › | $21.18B | 0.27 | 0.30 | 0.29 | 0.31 |
| APA Corporation (APA)vs › | $12.35B | 0.79 | 0.98 | 4.31 | 4.31 |
Debt/Equity
4.24
Current Ratio
0.93
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 | 4.24 |
| 2025-12-31 | 5.18 |
| 2025-09-30 | 4.58 |
| 2025-06-30 | 5.79 |
| 2025-03-31 | 6.11 |
| 2024-12-31 | 10.29 |
| 2024-09-30 | 14.04 |
| 2024-06-30 | 0.00 |
| 2024-03-31 | 0.00 |
| 2023-12-31 | 14.02 |
| 2023-09-30 | 0.00 |