Debt-to-Equity Ratio
Higher than 27% of Utilities sector peers
Updated 12h ago
Sector Performance
27th percentilePEG
0.97x
Sector Median
1.39x
Sector Avg
1.70x
Deep Analysis
Public Service Enterprise Group’s debt-to-equity ratio of 0.97x means the company uses $0.97 of debt for every $1.00 of shareholders’ equity, indicating a balanced capital structure.
This is lower than the Utilities sector median of 1.39x, placing PEG in the 27th percentile among its peers—meaning 73% of sector companies carry more debt relative to equity. The metric has been perfectly stable over the past eight quarters, with no change year-over-year or quarter-over-quarter (both +0.0%). The combination of a below-median debt level and zero trend movement suggests low financial leverage risk and predictable capital structure, offering a defensive profile typical of regulated utilities. This stability and conservative leverage support the overall NEUTRAL verdict, as PEG presents no unusual debt-related upside or downside for investors.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about PEG?
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
How is the Debt-to-Equity Ratio calculated?
Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.
How does PEG's Debt-to-Equity Ratio compare to its sector?
PEG's Debt-to-Equity Ratio of 0.97x compares to a Utilities sector median of 1.39x, placing it in the 27th percentile.
Who are PEG's closest peers by Debt-to-Equity Ratio?
The closest Utilities peers by Debt-to-Equity Ratio include: PPL (1.35x), AWK (1.42x), LNT (1.60x), AEP (1.63x), FLNC (1.09x).
The Formula
Total Debt / Shareholders' Equity
Why It Matters
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
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0.97x
Sector Median
1.39x
Sector Avg
1.70x
How PEG's Debt-to-Equity Ratio compares to sector peers.
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