Portland General Electric Co (POR)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 12,544,000 | 11,208,000 | 10,459,000 | 9,494,000 | 9,069,000 |
| Total stockholders’ equity | US$ in thousands | 3,794,000 | 3,319,000 | 2,779,000 | 2,707,000 | 2,613,000 |
| Financial leverage ratio | 3.31 | 3.38 | 3.76 | 3.51 | 3.47 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $12,544,000K ÷ $3,794,000K
= 3.31
The financial leverage ratio of Portland General Electric Co has exhibited some fluctuations over the past five years. Starting at 3.47 in December 2020, the ratio increased to 3.51 by December 2021, indicating a slight uptick in leverage. This trend continued into December 2022, where the ratio rose to 3.76, reaching its highest point during the period under review. However, in December 2023, there was a notable decrease in the ratio to 3.38, showing a reduction in leverage. By December 2024, the ratio further declined to 3.31, suggesting a continued decrease in leverage.
Overall, the company's financial leverage ratio has shown some volatility, peaking in 2022 before decreasing in the subsequent years. It is important for stakeholders to monitor the company's leverage position closely to assess its ability to meet financial obligations and manage potential risks associated with high levels of debt.
Peer comparison
Dec 31, 2024