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 42.74% is in line with its 5-year average of 42.10%, near the high end of its 5-year range (40.45%–43.49%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.08% above its 12-month average of 42.28%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 42.74%.
DEBT TO ASSETS RATIO
42.74%
DEBT TO ASSETS RATIO AVG TTM
42.28%
DEBT TO ASSETS RATIO AVG 3Y
42.21%
DEBT TO ASSETS RATIO AVG 5Y
42.10%
DEBT TO ASSETS RATIO AVG 10Y
38.75%
DEBT TO ASSETS RATIO AVG 15Y
37.04%
DEBT TO ASSETS RATIO AVG 20Y
37.20%
CURRENT VS TTM AVG
+1.08%
CURRENT VS 3Y AVG
+1.26%
CURRENT VS 5Y AVG
+1.51%
CURRENT VS 10Y AVG
+10.29%
CURRENT VS 15Y AVG
+15.39%
CURRENT VS 20Y AVG
+14.90%
SECTOR MEDIAN · UTILITIES
0.44%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+9613.69%
vs the sector median at left
Essential Utilities, Inc.
Market Cap
$11.17B
Debt to Assets Ratio
42.74%
TTM Avg
42.28%
3Y Avg
42.21%
5Y Avg
42.10%
Market Cap
$11.62B
Debt to Assets Ratio
0.35%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$8.67B
Debt to Assets Ratio
0.38%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$14.56B
Debt to Assets Ratio
0.64%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$6.03B
Debt to Assets Ratio
0.59%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$16.61B
Debt to Assets Ratio
0.48%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Essential Utilities, Inc. (WTRG) | $11.17B | 42.74% | 42.28% | 42.21% | 42.10% |
| Pinnacle West Capital Corporation (PNW)vs › | $11.62B | 0.35% | N/A | N/A | N/A |
| The AES Corporation (AES)vs › | $10.63B | 0.59% | N/A | N/A | N/A |
| Brookfield Renewable Partners L.P. (BEP)vs › | $8.67B | 0.38% | N/A | N/A | N/A |
| UGI Corporation (UGI)vs › | $7.98B | 0.43% | N/A | N/A | N/A |
| Talen Energy Corporation (TLN)vs › | $14.56B | 0.64% | N/A | N/A | N/A |
| Oklo Inc. (OKLO)vs › | $6.24B | 0.00% | N/A | N/A | N/A |
| Clearway Energy, Inc. (CWEN)vs › | $6.03B | 0.59% | N/A | N/A | N/A |
| Alliant Energy Corporation (LNT)vs › | $16.61B | 0.48% | N/A | N/A | N/A |
| Black Hills Corporation (BKH)vs › | $5.40B | 0.41% | N/A | N/A | N/A |
Debt/Assets
42.7%
Debt/Equity
1.21
Current Ratio
0.78
Interest Coverage
2.8x
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 | 42.74% |
| 2026-03-31 | 42.69% |
| 2025-12-31 | 41.90% |
| 2025-09-30 | 42.06% |
| 2025-06-30 | 42.03% |
| 2025-03-31 | 42.47% |
| 2024-12-31 | 42.85% |
| 2024-09-30 | 42.31% |
| 2024-06-30 | 41.77% |
| 2024-03-31 | 41.30% |
| 2023-12-31 | 42.09% |
| 2023-09-30 | 41.63% |
| 2023-06-30 | 42.84% |
| 2023-03-31 | 42.64% |
| 2022-12-31 | 43.49% |
| 2022-09-30 | 43.04% |
| 2022-06-30 | 41.57% |
| 2022-03-31 | 41.19% |
| 2021-12-31 | 41.10% |
| 2021-09-30 | 40.45% |
| 2021-06-30 | 42.00% |
| 2021-03-31 | 41.65% |
| 2020-12-31 | 41.78% |
| 2020-09-30 | 40.77% |
| 2020-06-30 | 40.96% |
| 2020-03-31 | 40.89% |
| 2019-12-31 | 32.96% |
| 2019-09-30 | 33.22% |
| 2019-06-30 | 32.42% |
| 2019-03-31 | 37.69% |
| 2018-12-31 | 36.74% |
| 2018-09-30 | 35.65% |
| 2018-06-30 | 35.00% |
| 2018-03-31 | 34.35% |
| 2017-12-31 | 33.56% |
| 2017-09-30 | 31.44% |
| 2017-06-30 | 31.86% |
| 2017-03-31 | 31.18% |
| 2016-12-31 | 30.76% |
| 2016-09-30 | 30.79% |
| 2016-06-30 | 31.07% |
| 2016-03-31 | 30.97% |
| 2015-12-31 | 31.28% |
| 2015-09-30 | 30.81% |
| 2015-06-30 | 30.99% |
| 2015-03-31 | 30.58% |
| 2014-12-31 | 30.29% |
| 2014-09-30 | 31.17% |
| 2014-06-30 | 31.59% |
| 2014-03-31 | 31.84% |
| 2013-12-31 | 31.51% |
| 2013-09-30 | 32.14% |
| 2013-06-30 | 33.25% |
| 2013-03-31 | 33.82% |
| 2012-12-31 | 34.36% |
| 2012-09-30 | 36.96% |
| 2012-06-30 | 37.86% |
| 2012-03-31 | 36.78% |
| 2011-12-31 | 36.42% |
| 2011-09-30 | 37.86% |
| 2011-06-30 | 40.02% |
| 2011-03-31 | 40.13% |
| 2010-12-31 | 40.52% |
| 2010-09-30 | 39.16% |
| 2010-06-30 | 40.03% |
| 2010-03-31 | 39.52% |
| 2009-12-31 | 39.16% |
| 2009-09-30 | 38.54% |
| 2009-06-30 | 38.31% |
| 2009-03-31 | 38.43% |
| 2008-12-31 | 36.02% |
| 2008-09-30 | 36.22% |
| 2008-06-30 | 37.02% |
| 2008-03-31 | 37.99% |
| 2007-12-31 | 38.40% |
| 2007-09-30 | 40.13% |
| 2007-06-30 | 34.92% |
| 2007-03-31 | 36.26% |
| 2006-12-31 | 34.15% |
| 2006-09-30 | 34.39% |
| 2006-06-30 | 34.24% |
| 2006-03-31 | 41.18% |
| 2005-12-31 | 39.65% |
| 2005-09-30 | 39.65% |
| 2005-06-30 | 40.66% |
| 2005-03-31 | 39.14% |
| 2004-12-31 | 39.30% |
| 2004-09-30 | 41.81% |
| 2004-06-30 | 42.50% |
| 2004-03-31 | 40.67% |
| 2003-12-31 | 40.22% |
| 2003-09-30 | 40.99% |
| 2003-06-30 | 40.79% |
| 2003-03-31 | 42.85% |
| 2002-12-31 | 42.65% |
| 2002-09-30 | 41.74% |
