Top Utility companies in United States by Debt to Equity Ratio

This ranking features the top 93 Utility companies in United States ranked by Debt to Equity Ratio, averaging a Debt to Equity Ratio of 0.55, for January 15, 2025.

United States

Utility

#	Name	Debt to Equity Ratio	Reported Date	Stock Price	Change	Country
1	The AES Corporation 1 AES	9.73	Sept. 30, 2024	USD 11.85	1.37%	United States
2	Sunnova Energy International Inc. 2 NOVA	4.74	Sept. 30, 2024	USD 3.28	-0.61%	United States
3	NRG Energy, Inc. 3 NRG	3.54	Sept. 30, 2024	USD 99.79	2.67%	United States
4	Vistra Corp. 4 VST	2.90	Sept. 30, 2024	USD 170.51	5.17%	United States
5	Global Water Resources, Inc. 5 GWRS	2.53	Sept. 30, 2024	USD 11.75	2.89%	United States
6	Edison International 6 EIX	2.37	Sept. 30, 2024	USD 58.43	2.02%	United States
7	PG&E Corporation 7 PCG	2.28	Sept. 30, 2024	USD 16.22	NA	United States
8	TXNM Energy, Inc. 8 TXNM	2.18	Sept. 30, 2024	USD 47.19	0.73%	United States
9	Hawaiian Electric Industries, Inc. 9 HE	2.10	Sept. 30, 2024	USD 8.39	1.08%	United States
10	FirstEnergy Corp. 10 FE	2.03	Sept. 30, 2024	USD 39.17	0.03%	United States
11	DTE Energy Company 11 DTE	2.03	Sept. 30, 2024	USD 119.43	1.02%	United States
12	The Southern Company 12 SO	2.01	Sept. 30, 2024	USD 82.05	0.22%	United States
13	Consumers Energy Company 13 CMS-PB	2.01	Sept. 30, 2024	USD 76.49	-0.53%	United States
14	CMS Energy Corporation 14 CMS	2.01	Sept. 30, 2024	USD 65.56	0.88%	United States
15	Eversource Energy 15 ES	1.92	Sept. 30, 2024	USD 55.98	0.21%	United States
16	CenterPoint Energy, Inc. 16 CNP	1.92	Sept. 30, 2024	USD 31.86	0.79%	United States
17	Entergy Corporation 17 ETR	1.91	Sept. 30, 2024	USD 77.56	0.64%	United States
18	Pacific Gas and Electric Company 18 PCG6.F	1.80	Dec. 31, 2023	USD 21.44	-2.21%	United States
19	Exelon Corporation 19 EXC	1.74	Sept. 30, 2024	USD 37.92	0.96%	United States
20	Pinnacle West Capital Corporation 20 PNW	1.72	Sept. 30, 2024	USD 83.24	0.85%	United States
21	American Electric Power Company, Inc. 21 AEP	1.70	Sept. 30, 2024	USD 94.50	-0.04%	United States
22	Duke Energy Corporation 22 DUK	1.68	Sept. 30, 2024	USD 106.85	0.67%	United States
23	NiSource Inc. 23 NI	1.67	Sept. 30, 2024	USD 36.73	1.07%	United States
24	Veralto Corporation 24 VLTO	1.64	Sept. 27, 2024	USD 102.37	1.22%	United States
25	NextEra Energy, Inc. 25 NEE	1.63	Sept. 30, 2024	USD 67.98	1.52%	United States
26	Xcel Energy Inc. 26 XEL	1.58	Sept. 30, 2024	USD 64.08	0.72%	United States
27	New Jersey Resources Corporation 27 NJR	1.58	Sept. 30, 2024	USD 46.00	0.77%	United States
28	Core & Main, Inc. 28 CNM	1.57	Oct. 27, 2024	USD 53.95	4.25%	United States
29	WEC Energy Group, Inc. 29 WEC	1.57	Sept. 30, 2024	USD 94.58	0.73%	United States
30	Dominion Energy, Inc. 30 D	1.56	Sept. 30, 2024	USD 53.69	0.43%	United States
31	Ameren Corporation 31 AEE	1.51	Sept. 30, 2024	USD 89.40	0.66%	United States
32	Antero Midstream Corporation 32 AM	1.49	Sept. 30, 2024	USD 16.13	2.02%	United States
33	Alliant Energy Corporation 33 LNT	1.46	Sept. 30, 2024	USD 57.79	1.42%	United States
34	SJW Group 34 SJW	1.39	Sept. 30, 2024	USD 46.19	0.76%	United States
35	Sempra 35 SRE	1.37	Sept. 30, 2024	USD 78.11	1.52%	United States
36	Unitil Corporation 36 UTL	1.37	Sept. 30, 2024	USD 53.47	2.16%	United States
37	Evergy, Inc. 37 EVRG	1.37	Sept. 30, 2024	USD 61.21	0.89%	United States
38	Public Service Enterprise Group Incorporated 38 PEG	1.36	Sept. 30, 2024	USD 85.06	1.13%	United States
39	Tennessee Valley Authority PARRS D 2028 39 TVC	1.36	June 30, 2024	USD 22.74	NA	United States
40	Portland General Electric Company 40 POR	1.34	Sept. 30, 2024	USD 41.05	1.18%	United States
41	Black Hills Corporation 41 BKH	1.34	Sept. 30, 2024	USD 56.50	0.97%	United States
42	American Water Works Company, Inc. 42 AWK	1.30	Sept. 30, 2024	USD 122.52	1.25%	United States
43	Carrier Global Corporation 43 CARR	1.21	Sept. 30, 2024	USD 68.40	1.92%	United States
44	Consolidated Edison, Inc. 44 ED	1.19	Sept. 30, 2024	USD 89.37	1.02%	United States
45	Essential Utilities, Inc. 45 WTRG	1.18	Sept. 30, 2024	USD 34.11	1.10%	United States
46	Avista Corporation 46 AVA	1.16	Sept. 30, 2024	USD 35.94	1.67%	United States
47	PPL Corporation 47 PPL	1.15	Sept. 30, 2024	USD 31.98	0.95%	United States
48	ONE Gas, Inc. 48 OGS	1.14	Sept. 30, 2024	USD 69.90	0.92%	United States
49	MasTec, Inc. 49 MTZ	1.13	Sept. 30, 2024	USD 150.67	4.58%	United States
50	OGE Energy Corp. 50 OGE	1.13	Sept. 30, 2024	USD 40.74	1.77%	United States

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Frequently Asked Questions

Which Utility company in United States has the highest Debt to Equity Ratio ?

The Utility company in United States with the highest Debt to Equity Ratio is The AES Corporation (NYSE: AES) at 9.73.
Which Utility company in United States has the lowest Debt to Equity Ratio ?

The Utility company in United States with the lowest Debt to Equity Ratio is Brookfield Infrastructure Corporation (NYSE: BIPC) at -58.25.

What are the top 10 Utility companies in United States by Debt to Equity Ratio ?

The top 10 Utility companies in United States by Debt to Equity Ratio are The AES Corporation, Sunnova Energy International Inc., NRG Energy, Inc., Vistra Corp., Global Water Resources, Inc., Edison International, PG&E Corporation, TXNM Energy, Inc., Hawaiian Electric Industries, Inc. and FirstEnergy Corp..
What are the bottom 10 Utility companies in United States by Debt to Equity Ratio ?

The bottom 10 Utility companies in United States by Debt to Equity Ratio are Brookfield Infrastructure Corporation, Babcock & Wilcox Enterprises, I, Babcock & Wilcox Enterprises, Inc., EVgo, Inc., Powell Industries, Inc., Badger Meter, Inc., Genie Energy Ltd., Argan, Inc., Vicor Corporation and American Superconductor Corporation.