MaplebearCART +2.12%63 Debt-to-EBITDA is 0.04 as of Mar. 2026, which is 20% below its 10-year median of 0.05. GuruFocus rates CART with a GF Score™ of 63/100 and a GF Value™ of $43.67 (Fairly Valued). The stock has 2 warning signs investors should review. Among 894 Retail - Cyclical companies, Maplebear ranks better than 97.54% 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 Maplebear's Debt-to-EBITDA or its related term are showing as below:
CART'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.92 Med: 0.05 Max: 0.45
Current: 0.05
During the past 6 years, the highest Debt-to-EBITDA Ratio of Maplebear was 0.45. The lowest was -0.92. And the median was 0.05.
CART's Debt-to-EBITDA is ranked better than 97.54% of 894
companies
in the Retail - Cyclical industry
Industry Median: 2.39
vs CART: 0.05
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.
Maplebear Debt-to-EBITDA Related Terms
Maplebear Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Maplebear'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.
For the Internet Retail subindustry, Maplebear'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.
Maplebear Debt-to-EBITDA vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Maplebear's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Maplebear'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.
Maplebear (CART) has a Debt-to-EBITDA of 0.04 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 Maplebear. This is 20% below median its historical median of 0.05. According to the industry distribution chart, Maplebear ranks #22 out of 894 companies in the Retail - Cyclical industry, placing it in the top 2.5%.
Is Maplebear's Debt-to-EBITDA too high?
Maplebear's current Debt-to-EBITDA of 0.04 is 20% below median its 10-year median of 0.05. The Retail - Cyclical industry median Debt-to-EBITDA is 2.39. Maplebear's value of 0.04 is 98.3% below this industry median. Based on the distribution chart, Maplebear ranks #22 out of 894 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Maplebear has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maplebear's Debt-to-EBITDA compare to W and CHWY?
According to the Retail - Cyclical industry distribution chart, Maplebear ranks #22 out of 894 companies for Debt-to-EBITDA. This places Maplebear in the top 3% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.39. Maplebear's value of 0.04 is 98.3% below this benchmark. While the company's 10-year median is 0.05 vs. the industry median of 2.39, Maplebear 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 Retail - Cyclical company?
The median Debt-to-EBITDA among Retail - Cyclical companies is 2.39, based on 894 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. Maplebear's current Debt-to-EBITDA of 0.04 is 98.3% 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 Maplebear. For the Retail - Cyclical industry, the median Debt-to-EBITDA is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maplebear's current Debt-to-EBITDA is 0.04, which is 20% below median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maplebear stock overvalued right now?
Based on GuruFocus' analysis, Maplebear (CART) is currently considered Fairly Valued. The stock's GF Value™ is $43.67, compared to a current price of $45.75 — trading 4.8% above its estimated fair value. The current Debt-to-EBITDA is 0.04, which is 20% below median its 10-year median of 0.05 and 98.3% below the Retail - Cyclical industry median of 2.39. Maplebear's overall GF Score™ is 63/100 with 2 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 Maplebear (CART), the current Debt-to-EBITDA is 0.04 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 Maplebear (CART) Overvalued in 2026?
Based on GuruFocus' analysis, Maplebear stock appears to be overvalued.
The current stock price of $45.75 is trading 4.8% above its estimated GF Value™ of $43.67.
GuruFocus considers Maplebear to be Fairly Valued.
Key valuation signals for CART:
Debt-to-EBITDA: 0.04 (20% below median its 10-year median of 0.05)
GF Value™: $43.67 vs. price of $45.75 (4.8% above fair value)
Industry Position: 98.3% below the Retail - Cyclical median (#22 of 894)
No single metric tells the full story. See the CART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maplebear (Instacart) is a grocery-focused delivery marketplace that connects national and regional grocers with consumers and couriers, and consumers with their favorite stores. Its app provides on-demand convenience for consumers, allows couriers to earn income, and helps grocers to scale their business through digital channels. The marketplace gathers valuable consumer behavior data, attracting consumer-packaged-goods advertisers that seek to reach consumers at the point of purchase. With approximately 600,000 shoppers and 1,800 retail partners, Instacart delivers to about 98% of households in the United States and Canada.
63GF Score
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