Woodside Energy Group (ASX:WDS) Debt-to-EBITDA : 1.42 (As of Dec. 2025) — 12% Above Median

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ASX:WDS Woodside Energy Group Ltd ASX:WDS
61 GF Score
Price A$31.80
GF Value A$24.49
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Woodside Energy Group Debt-to-EBITDA?

Woodside Energy Group ASX:WDS +0.47% 61 Debt-to-EBITDA is 1.42 as of Dec. 2025, which is 12% above its 10-year median of 1.27. GuruFocus rates ASX:WDS with a GF Score™ of 61/100 and a GF Value™ of A$24.49 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 705 Oil & Gas companies, Woodside Energy Group ranks better than 60.99% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Woodside Energy Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$1,416 Mil. Woodside Energy Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$19,235 Mil. Woodside Energy Group's annualized EBITDA for the quarter that ended in Dec. 2025 was A$14,508 Mil. Woodside Energy Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 1.42.

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 Woodside Energy Group's Debt-to-EBITDA or its related term are showing as below:

ASX:WDS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.28   Med: 1.27   Max: 2.4
Current: 1.45

During the past 13 years, the highest Debt-to-EBITDA Ratio of Woodside Energy Group was 2.40. The lowest was -2.28. And the median was 1.27.

ASX:WDS's Debt-to-EBITDA is ranked better than
60.99% of 705 companies
in the Oil & Gas industry
Industry Median: 2.01 vs ASX:WDS: 1.45

Woodside Energy Group  (ASX:WDS) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Woodside Energy Group Debt-to-EBITDA Related Terms


Woodside Energy Group Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Woodside Energy Group's Debt-to-EBITDA 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.

Woodside Energy Group Debt-to-EBITDA Chart

Woodside Energy Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.31 0.55 0.85 1.23 1.47

Woodside Energy Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.21 0.83 1.16 1.50 1.42

ASX:WDS vs COP, EOG, FANG: Debt-to-EBITDA Comparison

For the Oil & Gas E&P subindustry, Woodside Energy Group'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.


Woodside Energy Group Debt-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Woodside Energy Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Woodside Energy Group's Debt-to-EBITDA falls into.


ASX:WDS
61GF Score
Woodside Energy Group Ltd ASX:WDS
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Woodside Energy Group Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Woodside Energy Group's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1416.205 + 19235.405) / 14077.77
=1.47

Woodside Energy Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1416.205 + 19235.405) / 14508.2
=1.42

* 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 two times the quarterly (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.42 mean?
Woodside Energy Group (ASX:WDS) has a Debt-to-EBITDA of 1.42 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Woodside Energy Group. This is 12% above median its historical median of 1.27. According to the industry distribution chart, Woodside Energy Group ranks #275 out of 705 companies in the Oil & Gas industry, placing it in the top 39%.
Is Woodside Energy Group's Debt-to-EBITDA too high?
Woodside Energy Group's current Debt-to-EBITDA of 1.42 is 12% above median its 10-year median of 1.27. The Oil & Gas industry median Debt-to-EBITDA is 2.01. Woodside Energy Group's value of 1.42 is 29.4% below this industry median. Based on the distribution chart, Woodside Energy Group ranks #275 out of 705 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Woodside Energy Group has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Woodside Energy Group's Debt-to-EBITDA compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Woodside Energy Group ranks #275 out of 705 companies for Debt-to-EBITDA. This puts Woodside Energy Group in the upper half of its industry. The industry median Debt-to-EBITDA is 2.01. Woodside Energy Group's value of 1.42 is 29.4% below this benchmark. While the company's 10-year median is 1.27 vs. the industry median of 2.01, Woodside Energy Group 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 an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.01, based on 705 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. Woodside Energy Group's current Debt-to-EBITDA of 1.42 is 29.4% 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 Woodside Energy Group. For the Oil & Gas 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. Woodside Energy Group's current Debt-to-EBITDA is 1.42, which is 12% above median its own 10-year median of 1.27. 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 Modestly Overvalued. The stock's GF Value™ is A$24.49, compared to a current price of A$31.80 — trading 29.8% above its estimated fair value. The current Debt-to-EBITDA is 1.42, which is 12% above median its 10-year median of 1.27 and 29.4% below the Oil & Gas industry median of 2.01. Woodside Energy Group's overall GF Score™ is 61/100 with 9 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 Woodside Energy Group (ASX:WDS), the current Debt-to-EBITDA is 1.42 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$31.80 is trading 29.8% above its estimated GF Value™ of A$24.49. GuruFocus considers Woodside Energy Group to be Modestly Overvalued.

Key valuation signals for ASX:WDS:

  • Debt-to-EBITDA: 1.42 (12% above median its 10-year median of 1.27)
  • GF Value™: A$24.49 vs. price of A$31.80 (29.8% above fair value)
  • GF Score™: 61/100 with 9 warning signs
  • Industry Position: 29.4% below the Oil & Gas median (#275 of 705)

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.


Woodside Energy Group Business Description

Industry EnergyOil & Gas
Address 11 Mount Street, Mia Yellagonga, Perth, WA, AUS, 6000
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.
61GF Score

Get the complete analysis for ASX:WDS

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$31.80
Price
A$24.49
GF Value