Pampa Energy Debt-to-Equity Ratio Growth & History (PAM)
Pampa Energy's debt-to-equity ratio was 0.54 for fiscal 2025.
View full Pampa Energy company overviewPampa Energy annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.54 | −0.10 | −15.86% |
| 2024 | 2024-12-31 | 0.64 | 0.03 | +4.50% |
| 2023 | 2023-12-31 | 0.61 | −0.10 | −14.55% |
| 2022 | 2022-12-31 | 0.71 | −0.10 | −12.21% |
| 2021 | 2021-12-31 | 0.81 | −0.33 | −28.61% |
| 2020 | 2020-12-31 | 1.14 | 0.11 | +11.20% |
| 2019 | 2019-12-31 | 1.02 | −0.57 | −35.75% |
| 2018 | 2018-12-31 | 1.59 | 0.74 | +86.45% |
| 2017 | 2017-12-31 | 0.85 | 0.07 | +8.24% |
| 2016 | 2016-12-31 | 0.79 | — | — |
Pampa Energy quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.65 | 0.18 | +40.10% |
| Q1 2026 | 2026-03-31 | 0.51 | — | — |
| Q4 2025 | 2025-12-31 | 0.54 | −0.10 | −15.86% |
| Q3 2025 | 2025-09-30 | 0.52 | — | — |
| Q2 2025 | 2025-06-30 | 0.46 | — | — |
| Q4 2024 | 2024-12-31 | 0.64 | 0.03 | +4.50% |
| Q4 2023 | 2023-12-31 | 0.61 | −0.10 | −14.55% |
| Q4 2022 | 2022-12-31 | 0.71 | −0.10 | −12.21% |
| Q4 2021 | 2021-12-31 | 0.81 | −0.33 | −28.61% |
| Q4 2020 | 2020-12-31 | 1.14 | 0.11 | +11.20% |
| Q4 2019 | 2019-12-31 | 1.02 | −0.57 | −35.75% |
| Q4 2018 | 2018-12-31 | 1.59 | — | — |
Pampa Energy debt-to-equity ratio trends
Over the last five fiscal years, Pampa Energy's debt-to-equity ratio decreased from 1.14 to 0.54, a change of −0.60. The latest reported quarter, Q2 2026, shows 0.65.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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