Baytex Energy (BTE) Debt Ratio (2009 - 2026)
Baytex Energy's Debt Ratio was 0.02 in the quarter ended Mar 31, 2026, down 94.6% from 0.42 a year earlier.
Baytex Energy (BTE) Debt Ratio (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Baytex Energy's Debt Ratio was 0.00 through Mar 31, 2026, down 96.6% year-over-year; for the year ended Dec 31, 2025, it was 0.00, down 97.5% from the prior year.
- Debt Ratio has now declined for four consecutive years.
- In earlier years, Debt Ratio was 0.04 in the year ended Dec 31, 2024 (-90.8%), 0.46 in the year ended Dec 31, 2023 (-12.5%), 0.52 in the year ended Dec 31, 2022 (-56.5%) and 1.21 in the year ended Dec 31, 2021 (+507.8%).
- Quarterly Debt Ratio has moved between 0.00 (the quarter ended Dec 31, 2025) and 0.44 (the quarter ended Jun 30, 2024) over five years.
- Compared with a year earlier, Debt Ratio has declined for four straight quarters, with an average decline of 8.8% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was the quarter ended Sep 30, 2023 (growth of 317.8%); the worst was the quarter ended Dec 31, 2025 (a decline of 97.5%).
- Per Business Quant data, BTE's Debt Ratio in the three quarters before the quarter ended Mar 31, 2026 was 0.00 (quarter ended Dec 31, 2025), 0.02 (quarter ended Sep 30, 2025) and 0.40 (quarter ended Jun 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 0.17 |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 0.00 |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | 0.11 |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | 0.21 |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 0.19 |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | - |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | 0.25 |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | - |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 0.10 |
| 10 | Baytex Energy | 3.47 Bn | 3.01 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 0.02 |
| Dec 31, 2025 | 0.00 |
| Sep 30, 2025 | 0.02 |
| Jun 30, 2025 | 0.40 |
| Mar 31, 2025 | 0.42 |
| Dec 31, 2024 | 0.04 |
| Sep 30, 2024 | 0.31 |
| Jun 30, 2024 | 0.44 |
| Mar 31, 2024 | 0.10 |
| Dec 31, 2023 | 0.11 |
| Sep 30, 2023 | 0.40 |
| Jun 30, 2023 | 0.42 |
| Mar 31, 2023 | 0.17 |
| Dec 31, 2022 | 0.09 |
| Sep 30, 2022 | 0.10 |
| Jun 30, 2022 | 0.32 |
| Mar 31, 2022 | 0.37 |
| Dec 31, 2021 | 0.41 |
| Sep 30, 2021 | 0.16 |
| Jun 30, 2021 | 0.15 |
Baytex Energy Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=BTE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "BTE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=BTE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();