London Stock Exchange Group (CHIX:LSEGL) Debt-to-EBITDA : 2.55 (As of Dec. 2025) — Near Median

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CHIX:LSEGL London Stock Exchange Group PLC CHIX:LSEGL
87 GF Score
Price £89.70
GF Value £110.65
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is London Stock Exchange Group Debt-to-EBITDA?

London Stock Exchange Group CHIX:LSEGL +2.34% 87 Debt-to-EBITDA is 2.55 as of Dec. 2025, which is 5% above its 10-year median of 2.42. GuruFocus rates CHIX:LSEGL with a GF Score™ of 87/100 and a GF Value™ of £110.65 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 422 Capital Markets companies, London Stock Exchange Group ranks worse than 57.11% on this metric.

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

London Stock Exchange Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was £3,325 Mil. London Stock Exchange Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was £8,393 Mil. London Stock Exchange Group's annualized EBITDA for the quarter that ended in Dec. 2025 was £4,588 Mil. London Stock Exchange Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 2.55.

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 London Stock Exchange Group's Debt-to-EBITDA or its related term are showing as below:

CHIX:LSEGl' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.51   Med: 2.42   Max: 3.14
Current: 2.59

During the past 13 years, the highest Debt-to-EBITDA Ratio of London Stock Exchange Group was 3.14. The lowest was 1.51. And the median was 2.42.

CHIX:LSEGl's Debt-to-EBITDA is ranked worse than
57.11% of 422 companies
in the Capital Markets industry
Industry Median: 1.645 vs CHIX:LSEGl: 2.59

London Stock Exchange Group  (CHIX:LSEGl) 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.


London Stock Exchange Group Debt-to-EBITDA Related Terms


London Stock Exchange Group Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for London Stock Exchange 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.

London Stock Exchange Group Debt-to-EBITDA Chart

London Stock Exchange 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 3.14 2.66 2.68 2.44 2.59

London Stock Exchange 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 2.66 2.68 2.43 2.23 2.55

CHIX:LSEGL vs SPGI, CME, ICE: Debt-to-EBITDA Comparison

For the Financial Data & Stock Exchanges subindustry, London Stock Exchange 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.


London Stock Exchange Group Debt-to-EBITDA vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, London Stock Exchange Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where London Stock Exchange Group's Debt-to-EBITDA falls into.


CHIX:LSEGL
87GF Score
London Stock Exchange Group PLC CHIX:LSEGL
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

London Stock Exchange Group Debt-to-EBITDA Calculation

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

London Stock Exchange 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
=(3325 + 8393) / 4531
=2.59

London Stock Exchange 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
=(3325 + 8393) / 4588
=2.55

* 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 2.55 mean?
London Stock Exchange Group (CHIX:LSEGL) has a Debt-to-EBITDA of 2.55 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 London Stock Exchange Group. This is near median its historical median of 2.42. Over the past decade, London Stock Exchange Group's Debt-to-EBITDA has ranged from 1.51 to 3.14. According to the industry distribution chart, London Stock Exchange Group ranks #241 out of 422 companies in the Capital Markets industry, placing it in the top 57.1%.
Is London Stock Exchange Group's Debt-to-EBITDA too high?
London Stock Exchange Group's current Debt-to-EBITDA of 2.55 is near median its 10-year median of 2.42. Over the past 10 years, this metric has ranged from a low of 1.51 to a high of 3.14. The Capital Markets industry median Debt-to-EBITDA is 1.65. London Stock Exchange Group's value of 2.55 is 55% above this industry median. Based on the distribution chart, London Stock Exchange Group ranks #241 out of 422 companies in the Capital Markets industry, which is below the industry midpoint. Overall, London Stock Exchange Group has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does London Stock Exchange Group's Debt-to-EBITDA compare to SPGI and CME?
According to the Capital Markets industry distribution chart, London Stock Exchange Group ranks #241 out of 422 companies for Debt-to-EBITDA. This places London Stock Exchange Group in the lower half of its industry. The industry median Debt-to-EBITDA is 1.65. London Stock Exchange Group's value of 2.55 is 55% above this benchmark. Historically, London Stock Exchange Group's own Debt-to-EBITDA has ranged from 1.51 to 3.14 over the past decade. While the company's 10-year median is 2.42 vs. the industry median of 1.65, London Stock Exchange 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 Debt-to-EBITDA for a Capital Markets company?
The median Debt-to-EBITDA among Capital Markets companies is 1.65, based on 422 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. London Stock Exchange Group's current Debt-to-EBITDA of 2.55 is 55% 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 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 London Stock Exchange Group. For the Capital Markets industry, the median Debt-to-EBITDA is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. London Stock Exchange Group's current Debt-to-EBITDA is 2.55, which is near median its own 10-year median of 2.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is London Stock Exchange Group stock overvalued right now?
Based on GuruFocus' analysis, London Stock Exchange Group (CHIX:LSEGL) is currently considered Modestly Undervalued. The stock's GF Value™ is £110.65, compared to a current price of £89.70 — trading 18.9% below its estimated fair value. The current Debt-to-EBITDA is 2.55, which is near median its 10-year median of 2.42 and 55% above the Capital Markets industry median of 1.65. London Stock Exchange Group's overall GF Score™ is 87/100 with 5 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 London Stock Exchange Group (CHIX:LSEGL), the current Debt-to-EBITDA is 2.55 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 London Stock Exchange Group (CHIX:LSEGL) Overvalued in 2026?

Based on GuruFocus' analysis, London Stock Exchange Group stock appears to be undervalued. The current stock price of £89.70 is trading 18.9% below its estimated GF Value™ of £110.65. GuruFocus considers London Stock Exchange Group to be Modestly Undervalued.

Key valuation signals for CHIX:LSEGL:

  • Debt-to-EBITDA: 2.55 (near median its 10-year median of 2.42)
  • GF Value™: £110.65 vs. price of £89.70 (18.9% below fair value)
  • GF Score™: 87/100 with 5 warning signs
  • Industry Position: 55% above the Capital Markets median (#241 of 422)

No single metric tells the full story. See the CHIX:LSEGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


London Stock Exchange Group Business Description

Address 10 Paternoster Square, London, GBR, EC4M 7LS
London Stock Exchange Group is a fully integrated financial exchange company covering the financial market value chain from primary and secondary markets across multiple asset classes over data, index, and analytics down to clearing and post-trading reporting. With the acquisition of Refinitiv, LSEG generates about two-thirds of its revenue from data and analytics including its FTSE Russell and WM/Refinitiv benchmarks as well as data feeds and terminals. The group is also a majority shareholder in Tradeweb, one of the dominant global fixed-income trading venues, as well as LCH, the largest clearinghouse for over-the-counter swaps globally.
87GF Score

Get the complete analysis for CHIX:LSEGL

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

£89.70
Price
£110.65
GF Value