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Butler NationalBUKS -3.85%74 Debt-to-EBITDA is 0.89 as of Apr. 2026, which is 44% below its 10-year median of 1.59. GuruFocus rates BUKS with a GF Score™ of 74/100 and a GF Value™ of $1.89 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 255 Aerospace & Defense companies, Butler National ranks better than 69.02% 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 Butler National's Debt-to-EBITDA or its related term are showing as below:
BUKS'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.53 Med: 1.59 Max: 4.14
Current: 0.88
During the past 13 years, the highest Debt-to-EBITDA Ratio of Butler National was 4.14. The lowest was 0.53. And the median was 1.59.
BUKS's Debt-to-EBITDA is ranked better than 69.02% of 255
companies
in the Aerospace & Defense industry
Industry Median: 1.74
vs BUKS: 0.88
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.
Butler National Debt-to-EBITDA Related Terms
Butler National Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Butler National'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.
BUKS vs SPCE, MRLN, ISSC: Debt-to-EBITDA Comparison
For the Aerospace & Defense subindustry, Butler National'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.
Butler National Debt-to-EBITDA vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Butler National's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Butler National'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 (Apr. 2026) EBITDA data.
Butler National (BUKS) has a Debt-to-EBITDA of 0.89 as of Apr. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Butler National. This is 44% below median its historical median of 1.59. Over the past decade, Butler National's Debt-to-EBITDA has ranged from 0.53 to 4.14. According to the industry distribution chart, Butler National ranks #79 out of 255 companies in the Aerospace & Defense industry, placing it in the top 31%.
Is Butler National's Debt-to-EBITDA too high?
Butler National's current Debt-to-EBITDA of 0.89 is 44% below median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 4.14. The Aerospace & Defense industry median Debt-to-EBITDA is 1.74. Butler National's value of 0.89 is 48.9% below this industry median. Based on the distribution chart, Butler National ranks #79 out of 255 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Butler National has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Butler National's Debt-to-EBITDA compare to SPCE and MRLN?
According to the Aerospace & Defense industry distribution chart, Butler National ranks #79 out of 255 companies for Debt-to-EBITDA. This puts Butler National in the upper half of its industry. The industry median Debt-to-EBITDA is 1.74. Butler National's value of 0.89 is 48.9% below this benchmark. Historically, Butler National's own Debt-to-EBITDA has ranged from 0.53 to 4.14 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 1.74, Butler National 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 Aerospace & Defense company?
The median Debt-to-EBITDA among Aerospace & Defense companies is 1.74, based on 255 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. Butler National's current Debt-to-EBITDA of 0.89 is 48.9% 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 Butler National. For the Aerospace & Defense industry, the median Debt-to-EBITDA is 1.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Butler National's current Debt-to-EBITDA is 0.89, which is 44% below median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Butler National stock overvalued right now?
Based on GuruFocus' analysis, Butler National (BUKS) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.89, compared to a current price of $4.25 — trading 124.9% above its estimated fair value. The current Debt-to-EBITDA is 0.89, which is 44% below median its 10-year median of 1.59 and 48.9% below the Aerospace & Defense industry median of 1.74. Butler National's overall GF Score™ is 74/100 with 4 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 Butler National (BUKS), the current Debt-to-EBITDA is 0.89 as of Apr. 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 Butler National (BUKS) Overvalued in 2026?
Based on GuruFocus' analysis, Butler National stock appears to be overvalued.
The current stock price of $4.25 is trading 124.9% above its estimated GF Value™ of $1.89.
GuruFocus considers Butler National to be Significantly Overvalued.
Key valuation signals for BUKS:
Debt-to-EBITDA: 0.89 (44% below median its 10-year median of 1.59)
GF Value™: $1.89 vs. price of $4.25 (124.9% above fair value)
Industry Position: 48.9% below the Aerospace & Defense median (#79 of 255)
No single metric tells the full story. See the BUKS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Butler National Corp is involved in the design, engineering, manufacturing, selling, integrating, installing, repairing, modifying, overhauling, servicing, and distributing portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems (Aerospace Products). The group serves the aviation industry, including owners of aircraft and contractors involved with private, commercial, business, and government aircraft operations. It also serves commercial weapon manufacturers and suppliers to governments and their agencies. The company has two operating segments: Professional Services and Aerospace Products. Its main source of revenue comes from the Aerospace Products segment. It operates in North America, Europe, Asia, Australia, and other geographical regions.
74GF Score
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