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 4.99 is 21% above its 3-year average of 4.12, around the middle of its 3-year range (0.00–14.04).
As of the fiscal period ended Tuesday, June 30, 2026. 0.77% above its 12-month average of 4.96.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 4.99.
DEBT TO EQUITY RATIO
4.99
DEBT TO EQUITY RATIO AVG TTM
4.96
DEBT TO EQUITY RATIO AVG 3Y
4.12
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
+0.77%
CURRENT VS 3Y AVG
+21.26%
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
0.52
median of 49 covered companies
CURRENT VS SECTOR MEDIAN
+860.37%
vs the sector median at left
Venture Global, Inc.
Market Cap
$38.58B
Debt to Equity Ratio
4.99
TTM Avg
4.96
3Y Avg
4.12
5Y Avg
N/A
Market Cap
$27.80B
Debt to Equity Ratio
0.81
TTM Avg
0.78
3Y Avg
0.74
5Y Avg
0.77
Market Cap
$25.46B
Debt to Equity Ratio
0.01
TTM Avg
0.01
3Y Avg
0.01
5Y Avg
0.00
Market Cap
$21.95B
Debt to Equity Ratio
0.19
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) | $38.58B | 4.99 | 4.96 | 4.12 | N/A |
| Cameco Corporation (CCJ)vs › | $42.11B | 0.14 | 0.17 | 0.20 | 0.20 |
| EQT Corporation (EQT)vs › | $33.82B | 0.22 | 0.39 | 0.42 | 0.47 |
| Tenaris S.A. (TS)vs › | $30.79B | 0.03 | 0.04 | 0.04 | 0.05 |
| Halliburton Company (HAL)vs › | $29.94B | 0.74 | 0.80 | 0.92 | 1.23 |
| Pembina Pipeline Corporation (PBA)vs › | $27.80B | 0.81 | 0.78 | 0.74 | 0.77 |
| Texas Pacific Land Corporation (TPL)vs › | $25.46B | 0.01 | 0.01 | 0.01 | 0.00 |
| First Solar, Inc. (FSLR)vs › | $22.46B | 0.02 | 0.07 | 0.07 | 0.07 |
| Expand Energy Corporation (EXE)vs › | $21.95B | 0.19 | 0.30 | 0.29 | 0.31 |
| Devon Energy Corporation (DVN)vs › | $55.25B | 0.28 | 0.60 | 0.58 | 0.77 |
Debt/Equity
4.99
Current Ratio
1.19
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 | 4.99 |
| 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 |
| 2024-03-31 | 0.00 |
| 2024-03-31 | 0.00 |
| 2023-12-31 | 14.02 |
| 2023-09-30 | 0.00 |
