Array Digital InfrastructureAD -0.26%66 Debt-to-EBITDA is 1.19 as of Mar. 2026, which is 66% below its 10-year median of 3.46. GuruFocus rates AD with a GF Score™ of 66/100 and a GF Value™ of $63.57 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 303 Telecommunication Services companies, Array Digital Infrastructure ranks better than 62.05% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Array Digital Infrastructure's Debt-to-EBITDA or its related term are showing as below:
AD'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -43.28 Med: 3.46 Max: 38.08
Current: 1.5
During the past 13 years, the highest Debt-to-EBITDA Ratio of Array Digital Infrastructure was 38.08. The lowest was -43.28. And the median was 3.46.
AD's Debt-to-EBITDA is ranked better than 62.05% of 303
companies
in the Telecommunication Services industry
Industry Median: 2.01
vs AD: 1.50
Array Digital Infrastructure (NYSE:AD) Debt-to-EBITDA Explanation
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Array Digital Infrastructure Debt-to-EBITDA Related Terms
Array Digital Infrastructure Debt-to-EBITDA Historical Data
* 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.
For the Telecom Services subindustry, Array Digital Infrastructure's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.
Array Digital Infrastructure Debt-to-EBITDA vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Array Digital Infrastructure's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Array Digital Infrastructure's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Array Digital Infrastructure (AD) has a Debt-to-EBITDA of 1.19 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Array Digital Infrastructure. This is 66% below median its historical median of 3.46. According to the industry distribution chart, Array Digital Infrastructure ranks #115 out of 303 companies in the Telecommunication Services industry, placing it in the top 38%.
Is Array Digital Infrastructure's Debt-to-EBITDA too high?
Array Digital Infrastructure's current Debt-to-EBITDA of 1.19 is 66% below median its 10-year median of 3.46. The Telecommunication Services industry median Debt-to-EBITDA is 2.01. Array Digital Infrastructure's value of 1.19 is 40.8% below this industry median. Based on the distribution chart, Array Digital Infrastructure ranks #115 out of 303 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Array Digital Infrastructure has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Array Digital Infrastructure's Debt-to-EBITDA compare to KYIV and LBTYA?
According to the Telecommunication Services industry distribution chart, Array Digital Infrastructure ranks #115 out of 303 companies for Debt-to-EBITDA. This puts Array Digital Infrastructure in the upper half of its industry. The industry median Debt-to-EBITDA is 2.01. Array Digital Infrastructure's value of 1.19 is 40.8% below this benchmark. While the company's 10-year median is 3.46 vs. the industry median of 2.01, Array Digital Infrastructure has consistently been below 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 Debt-to-EBITDA for a Telecommunication Services company?
The median Debt-to-EBITDA among Telecommunication Services companies is 2.01, based on 303 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Array Digital Infrastructure's current Debt-to-EBITDA of 1.19 is 40.8% below 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Array Digital Infrastructure. For the Telecommunication Services industry, the median Debt-to-EBITDA is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Array Digital Infrastructure's current Debt-to-EBITDA is 1.19, which is 66% below median its own 10-year median of 3.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Array Digital Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Array Digital Infrastructure (AD) is currently considered Possible Value Trap. The stock's GF Value™ is $63.57, compared to a current price of $34.65 — trading 45.5% below its estimated fair value. The current Debt-to-EBITDA is 1.19, which is 66% below median its 10-year median of 3.46 and 40.8% below the Telecommunication Services industry median of 2.01. Array Digital Infrastructure's overall GF Score™ is 66/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Array Digital Infrastructure (AD), the current Debt-to-EBITDA is 1.19 as of Mar. 2026. 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 Array Digital Infrastructure (AD) Overvalued in 2026?
Based on GuruFocus' analysis, Array Digital Infrastructure stock appears to be undervalued.
The current stock price of $34.65 is trading 45.5% below its estimated GF Value™ of $63.57.
GuruFocus considers Array Digital Infrastructure to be Possible Value Trap.
Key valuation signals for AD:
Debt-to-EBITDA: 1.19 (66% below median its 10-year median of 3.46)
GF Value™: $63.57 vs. price of $34.65 (45.5% below fair value)
Industry Position: 40.8% below the Telecommunication Services median (#115 of 303)
No single metric tells the full story. See the AD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Array Digital Infrastructure, formerly US Cellular, sold its regional wireless operations serving about 4.4 million customers to T-Mobile in August 2025. The firm has agreed to sell most of its remaining spectrum licenses; however, it will still retain rights to C-band spectrum in several locations after these deals are closed. Array also owns a 5.5% stake in Verizon Wireless' Los Angeles operations, as well as other smaller wireless partnership interests in Oklahoma and upstate New York. The firm still operates a portfolio of about 4,400 wireless towers. Parent TDS has proposed to acquire the portion of Array that it doesn't already own in an all-stock transaction.
66GF Score
Get the complete analysis for AD
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
AD has been successfully added to your 
