Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Woodside Energy GroupASX:WDS +0.94%64 Equity-to-Asset is 0.54 as of Dec. 2025, which is 8% below its 10-year median of 0.59. GuruFocus rates ASX:WDS with a GF Score™ of 64/100 and a GF Value™ of A$24.91 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,034 Oil & Gas companies, Woodside Energy Group ranks better than 56.87% on this metric.
Woodside Energy Group (ASX:WDS) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Woodside Energy Group Equity-to-Asset Related Terms
Woodside Energy Group Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Woodside Energy Group's Equity-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ASX:WDS vs COP, EOG, FANG: Equity-to-Asset Comparison
For the Oil & Gas E&P subindustry, Woodside Energy Group's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Woodside Energy Group Equity-to-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Woodside Energy Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Woodside Energy Group's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Woodside Energy Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Woodside Energy Group (ASX:WDS) has a Equity-to-Asset of 0.54 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Woodside Energy Group and its competitors. This is near median its historical median of 0.59. Over the past decade, Woodside Energy Group's Equity-to-Asset has ranged from 0.49 to 0.65. According to the industry distribution chart, Woodside Energy Group ranks #446 out of 1034 companies in the Oil & Gas industry, placing it in the top 43.1%.
Is Woodside Energy Group's Equity-to-Asset too high?
Woodside Energy Group's current Equity-to-Asset of 0.54 is near median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 0.65. The Oil & Gas industry median Equity-to-Asset is 0.49. Woodside Energy Group's value of 0.54 is 10.2% above this industry median. Based on the distribution chart, Woodside Energy Group ranks #446 out of 1034 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Woodside Energy Group has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Woodside Energy Group's Equity-to-Asset compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Woodside Energy Group ranks #446 out of 1034 companies for Equity-to-Asset. This puts Woodside Energy Group in the upper half of its industry. The industry median Equity-to-Asset is 0.49. Woodside Energy Group's value of 0.54 is 10.2% above this benchmark. Historically, Woodside Energy Group's own Equity-to-Asset has ranged from 0.49 to 0.65 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 0.49, Woodside Energy Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.49, based on 1,034 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Woodside Energy Group's current Equity-to-Asset of 0.54 is 10.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Woodside Energy Group and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Woodside Energy Group's current Equity-to-Asset is 0.54, which is near median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Woodside Energy Group stock overvalued right now?
Based on GuruFocus' analysis, Woodside Energy Group (ASX:WDS) is currently considered Significantly Overvalued. The stock's GF Value™ is A$24.91, compared to a current price of A$33.16 — trading 33.1% above its estimated fair value. The current Equity-to-Asset is 0.54, which is near median its 10-year median of 0.59 and 10.2% above the Oil & Gas industry median of 0.49. Woodside Energy Group's overall GF Score™ is 64/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Woodside Energy Group (ASX:WDS), the current Equity-to-Asset is 0.54 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Woodside Energy Group (ASX:WDS) Overvalued in 2026?
Based on GuruFocus' analysis, Woodside Energy Group stock appears to be overvalued.
The current stock price of A$33.16 is trading 33.1% above its estimated GF Value™ of A$24.91.
GuruFocus considers Woodside Energy Group to be Significantly Overvalued.
Key valuation signals for ASX:WDS:
Equity-to-Asset: 0.54 (near median its 10-year median of 0.59)
GF Value™: A$24.91 vs. price of A$33.16 (33.1% above fair value)
Industry Position: 10.2% above the Oil & Gas median (#446 of 1034)
No single metric tells the full story. See the ASX:WDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Incorporated in 1954 and named after the small Victorian town of Woodside, Woodside's early exploration focus moved from Victoria's Gippsland Basin to Western Australia's Carnarvon Basin. First LNG production from the North West Shelf came in 1984. BHP Billiton and Shell each had 40% shareholdings before BHP sold out in 1994 and Shell sold down to 34%. In 2017 Shell sold its entire shareholding. Woodside is one of the most LNG-leveraged companies globally.
64GF Score
Get the complete analysis for ASX:WDS
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:WDS has been successfully added to your 
