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 5.92 is 347% above its 4-year average of 1.33, near the high end of its 4-year range (0.00–6.34).
As of the fiscal period ended Tuesday, June 30, 2026. 28.79% above its 12-month average of 4.60.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 5.92.
DEBT TO EQUITY RATIO
5.92
DEBT TO EQUITY RATIO AVG TTM
4.60
DEBT TO EQUITY RATIO AVG 3Y
1.59
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
+28.79%
CURRENT VS 3Y AVG
+272.16%
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
1.71
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+247.41%
vs the sector median at left
Talen Energy Corporation
Market Cap
$14.20B
Debt to Equity Ratio
5.92
TTM Avg
4.60
3Y Avg
1.59
5Y Avg
N/A
Market Cap
$11.65B
Debt to Equity Ratio
1.62
TTM Avg
2.08
3Y Avg
1.83
5Y Avg
1.66
Market Cap
$17.37B
Debt to Equity Ratio
1.61
TTM Avg
1.58
3Y Avg
1.49
5Y Avg
1.42
Market Cap
$10.55B
Debt to Equity Ratio
6.50
TTM Avg
6.18
3Y Avg
8.20
5Y Avg
7.84
Market Cap
$9.30B
Debt to Equity Ratio
8.43
TTM Avg
5.73
3Y Avg
4.19
5Y Avg
3.75
Market Cap
$21.06B
Debt to Equity Ratio
1.97
TTM Avg
2.04
3Y Avg
2.05
5Y Avg
2.06
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Talen Energy Corporation (TLN) | $14.20B | 5.92 | 4.60 | 1.59 | N/A |
| Pinnacle West Capital Corporation (PNW)vs › | $11.65B | 1.62 | 2.08 | 1.83 | 1.66 |
| Alliant Energy Corporation (LNT)vs › | $17.37B | 1.61 | 1.58 | 1.49 | 1.42 |
| The AES Corporation (AES)vs › | $10.55B | 6.50 | 6.18 | 8.20 | 7.84 |
| Evergy, Inc. (EVRG)vs › | $18.81B | 1.61 | 1.46 | 1.39 | 1.32 |
| Brookfield Renewable Partners L.P. (BEP)vs › | $9.30B | 8.43 | 5.73 | 4.19 | 3.75 |
| NiSource Inc (NI)vs › | $19.86B | 1.83 | 1.67 | 1.64 | 1.62 |
| UGI Corporation (UGI)vs › | $8.14B | 1.29 | 1.61 | 1.50 | 1.47 |
| CMS Energy Corporation (CMS)vs › | $21.06B | 1.97 | 2.04 | 2.05 | 2.06 |
| Edison International (EIX)vs › | $21.55B | 2.48 | 2.42 | 2.31 | 2.14 |
Debt/Equity
5.92
Current Ratio
0.78
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 |
|---|---|
| 2026-06-30 | 5.92 |
| 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 |
