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Icon EnergyICON -0.48%17 Debt-to-EBITDA is 3.90 as of Mar. 2026, which is 60% below its 10-year median of 9.87. GuruFocus rates ICON with a GF Score™ of 17/100. The stock has 4 warning signs investors should review. Among 867 Transportation companies, Icon Energy ranks worse than 79.93% 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 Icon Energy's Debt-to-EBITDA or its related term are showing as below:
ICON'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.82 Med: 9.87 Max: 11.29
Current: 5.82
During the past 5 years, the highest Debt-to-EBITDA Ratio of Icon Energy was 11.29. The lowest was 5.82. And the median was 9.87.
ICON's Debt-to-EBITDA is ranked worse than 79.93% of 867
companies
in the Transportation industry
Industry Median: 2.63
vs ICON: 5.82
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.
Icon Energy Debt-to-EBITDA Related Terms
Icon Energy Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Icon Energy'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.
ICON vs RUBI, CISS, SVRN: Debt-to-EBITDA Comparison
For the Marine Shipping subindustry, Icon Energy'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.
Icon Energy Debt-to-EBITDA vs Transportation Industry
For the Transportation industry and Industrials sector, Icon Energy's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Icon Energy'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.
Icon Energy (ICON) has a Debt-to-EBITDA of 3.90 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 Icon Energy. This is 60% below median its historical median of 9.87. Over the past decade, Icon Energy's Debt-to-EBITDA has ranged from 5.82 to 11.29. According to the industry distribution chart, Icon Energy ranks #693 out of 867 companies in the Transportation industry, placing it in the top 79.9%.
Is Icon Energy's Debt-to-EBITDA too high?
Icon Energy's current Debt-to-EBITDA of 3.90 is 60% below median its 10-year median of 9.87. Over the past 10 years, this metric has ranged from a low of 5.82 to a high of 11.29. The Transportation industry median Debt-to-EBITDA is 2.63. Icon Energy's value of 3.90 is 48.3% above this industry median. Based on the distribution chart, Icon Energy ranks #693 out of 867 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Icon Energy has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Icon Energy's Debt-to-EBITDA compare to RUBI and CISS?
According to the Transportation industry distribution chart, Icon Energy ranks #693 out of 867 companies for Debt-to-EBITDA. This places Icon Energy in the lower half of its industry. The industry median Debt-to-EBITDA is 2.63. Icon Energy's value of 3.90 is 48.3% above this benchmark. Historically, Icon Energy's own Debt-to-EBITDA has ranged from 5.82 to 11.29 over the past decade. While the company's 10-year median is 9.87 vs. the industry median of 2.63, Icon Energy 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 Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.63, based on 867 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. Icon Energy's current Debt-to-EBITDA of 3.90 is 48.3% 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 Icon Energy. For the Transportation industry, the median Debt-to-EBITDA is 2.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icon Energy's current Debt-to-EBITDA is 3.90, which is 60% below median its own 10-year median of 9.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icon Energy stock overvalued right now?
Icon Energy (ICON) has a current Debt-to-EBITDA of 3.90. The current Debt-to-EBITDA is 3.90, which is 60% below median its 10-year median of 9.87 and 48.3% above the Transportation industry median of 2.63. Icon Energy's overall GF Score™ is 17/100 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 Icon Energy (ICON), the current Debt-to-EBITDA is 3.90 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.
Icon Energy Corp is a growth-oriented shipping company providing seaborne transportation services for dry bulk cargoes via its fleet of oceangoing vessels. The company generates its revenues by chartering its vessels to regional and international dry bulk operators, commodity traders and end users. The cargos carried by the company are Grains, Minerals, Iron Ore, Coal and Bauxite.
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