EVEX (Eve Holding) Debt-to-EBITDA : -2.46 (As of Jun. 2026)

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EVEX Eve Holding Inc EVEX
28 GF Score
Price $2.54
! 3 Warning Signs
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What is Eve Holding Debt-to-EBITDA?

Eve Holding EVEX -4.87% 28 Debt-to-EBITDA is -2.46 as of Jun. 2026. GuruFocus rates EVEX with a GF Score™ of 28/100. The stock has 3 warning signs investors should review. Among 255 Aerospace & Defense companies, Eve Holding ranks worse than 392156.47% on this metric.

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

Eve Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $5.74 Mil. Eve Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $303.14 Mil. Eve Holding's annualized EBITDA for the quarter that ended in Jun. 2026 was $-125.42 Mil. Eve Holding's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was -2.46.

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 Eve Holding's Debt-to-EBITDA or its related term are showing as below:

EVEX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.56   Med: -0.85   Max: -0.21
Current: -1.56

During the past 7 years, the highest Debt-to-EBITDA Ratio of Eve Holding was -0.21. The lowest was -1.56. And the median was -0.85.

EVEX's Debt-to-EBITDA is ranked worse than
100% of 255 companies
in the Aerospace & Defense industry
Industry Median: 1.74 vs EVEX: -1.56

Eve Holding  (NYSE:EVEX) 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.


Eve Holding Debt-to-EBITDA Related Terms


Eve Holding Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Eve Holding'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.

Eve Holding Debt-to-EBITDA Chart

Eve Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 0.00 0.00 -0.21 -0.99 -0.85

Eve Holding Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -0.63 -0.99 -0.74 -1.17 -2.46

EVEX vs AVEX, PKE, NPK: Debt-to-EBITDA Comparison

For the Aerospace & Defense subindustry, Eve Holding'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.


Eve Holding Debt-to-EBITDA vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Eve Holding's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Eve Holding's Debt-to-EBITDA falls into.


EVEX
28GF Score
Eve Holding Inc EVEX
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Eve Holding Debt-to-EBITDA Calculation

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

Eve Holding'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
=(3.374 + 176.412) / -212.178
=-0.85

Eve Holding's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5.739 + 303.14) / -125.416
=-2.46

* 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 (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -2.46 mean?
Eve Holding (EVEX) has a Debt-to-EBITDA of -2.46 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Eve Holding. According to the industry distribution chart, Eve Holding ranks #999999 out of 255 companies in the Aerospace & Defense industry.
Is Eve Holding's Debt-to-EBITDA too high?
Eve Holding's current Debt-to-EBITDA is -2.46. Based on the distribution chart, Eve Holding ranks #999999 out of 255 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Eve Holding has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Eve Holding's Debt-to-EBITDA compare to AVEX and PKE?
According to the Aerospace & Defense industry distribution chart, Eve Holding ranks #999999 out of 255 companies for Debt-to-EBITDA. This places Eve Holding in the lower half of its industry. The industry median Debt-to-EBITDA is 1.74. 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. 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 Eve Holding. 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. Eve Holding's current Debt-to-EBITDA is -2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eve Holding stock overvalued right now?
Eve Holding (EVEX) has a current Debt-to-EBITDA of -2.46. The current Debt-to-EBITDA is -2.46. Eve Holding's overall GF Score™ is 28/100 with 3 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 Eve Holding (EVEX), the current Debt-to-EBITDA is -2.46 as of Jun. 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.

Eve Holding Business Description

Other Exchanges EVEB31:Brazil
Address 1400 General Aviation Drive, Melbourne, FL, USA, 32935
Eve Holding Inc is a provider of Urban Air Mobility solutions. The company's operating segments are; eVTOL that includes; the design and production of electric vertical take-off and landing vehicles (eVTOLs) including fixed wing and helicopter operators, as well as lessors that purchase and manage aircraft on behalf of operators; Service and Operations Solutions segment which includes a portfolio of maintenance and support services focused on its and third-party eVTOLs; and the UATM segment, a new Urban Air Traffic Management system designed to allow eVTOLs to operate safely and efficiently in dense urban airspace alongside conventional aircraft and drones.
28GF Score

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

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