PEGNEUTRAL

PEG Debt-to-Equity Ratio Analysis

1.42x

Higher than 38% of Utilities sector peers

Updated 57h ago·SEC filings & market data

Key Takeaway

The debt-to-equity ratio of 1.42x means the company carries $1.42 of debt for every $1.00 of shareholder equity, a common measure of financial leverage.

Sector Performance

38th percentile

PEG

1.42x

Sector Median

1.52x

Sector Avg

1.87x

Prior Period

1.40x(Jul 2026)

↓ Declining

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Deep Analysis

The debt-to-equity ratio of 1.42x means the company carries $1.42 of debt for every $1.00 of shareholder equity, a common measure of financial leverage.

This level sits below the utilities sector median of 1.47x, placing it in the 33rd percentile — meaning about two-thirds of peers carry more debt relative to equity. Year-over-year change is not available, and the 8-quarter trend is not available; the only reported movement is a +1.4% quarter-over-quarter increase from 1.40x to 1.42x. The combination of a below-median leverage level with only a slight quarterly uptick suggests limited additional risk from debt financing. This metric supports the overall NEUTRAL verdict, as the ratio is neither unusually high nor trending sharply upward.

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 1.42x compares to a Utilities sector median of 1.52x, placing it in the 38th percentile.

Who are PEG's closest peers by Debt-to-Equity Ratio?

The closest Utilities peers by Debt-to-Equity Ratio include: NEP (1.52x), PNW (1.56x), LNT (1.60x), AEP (1.63x), PPL (1.35x).

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Learn More About Debt-to-Equity Ratio

How to Spot a Debt Problem Before It Hits the Stock Price

Learn how to spot a debt problem in stocks using D/E, interest coverage, and net debt/EBITDA ratios. Real examples from META and MSFT, plus danger thresholds you need to know.

Debt/Equity Ratio: How Much Debt Is Too Much?

The debt to equity ratio explained: why context, interest coverage, and sector norms matter far more than the raw number when assessing debt risk.

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.