Open LendingLPRO -0.32%71 Debt-to-EBITDA is 21.51 as of Mar. 2026, which is 2694% above its 10-year median of 0.77. GuruFocus rates LPRO with a GF Score™ of 71/100 and a GF Value™ of $5.78 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 282 Credit Services companies, Open Lending ranks worse than 86.88% 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 Open Lending's Debt-to-EBITDA or its related term are showing as below:
LPRO'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.71 Med: 0.77 Max: 29.54
Current: 29.54
During the past 8 years, the highest Debt-to-EBITDA Ratio of Open Lending was 29.54. The lowest was -3.71. And the median was 0.77.
LPRO's Debt-to-EBITDA is ranked worse than 86.88% of 282
companies
in the Credit Services industry
Industry Median: 9.3
vs LPRO: 29.54
Open Lending (NAS:LPRO) Debt-to-EBITDA Explanation
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.
Open Lending Debt-to-EBITDA Related Terms
Open Lending Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Open Lending'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 Credit Services subindustry, Open Lending'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.
Open Lending Debt-to-EBITDA vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Open Lending's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Open Lending'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.
Open Lending (LPRO) has a Debt-to-EBITDA of 21.51 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 Open Lending. This is 2694% above median its historical median of 0.77. According to the industry distribution chart, Open Lending ranks #245 out of 282 companies in the Credit Services industry, placing it in the top 86.9%.
Is Open Lending's Debt-to-EBITDA too high?
Open Lending's current Debt-to-EBITDA of 21.51 is 2694% above median its 10-year median of 0.77. The Credit Services industry median Debt-to-EBITDA is 9.30. Open Lending's value of 21.51 is 131.3% above this industry median. Based on the distribution chart, Open Lending ranks #245 out of 282 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Open Lending has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Open Lending's Debt-to-EBITDA compare to RM and HTT?
According to the Credit Services industry distribution chart, Open Lending ranks #245 out of 282 companies for Debt-to-EBITDA. This places Open Lending in the lower half of its industry. The industry median Debt-to-EBITDA is 9.30. Open Lending's value of 21.51 is 131.3% above this benchmark. While the company's 10-year median is 0.77 vs. the industry median of 9.30, Open Lending 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 Credit Services company?
The median Debt-to-EBITDA among Credit Services companies is 9.30, based on 282 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. Open Lending's current Debt-to-EBITDA of 21.51 is 131.3% 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 Open Lending. For the Credit Services industry, the median Debt-to-EBITDA is 9.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Open Lending's current Debt-to-EBITDA is 21.51, which is 2694% above median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Open Lending stock overvalued right now?
Based on GuruFocus' analysis, Open Lending (LPRO) is currently considered Possible Value Trap. The stock's GF Value™ is $5.78, compared to a current price of $3.12 — trading 46% below its estimated fair value. The current Debt-to-EBITDA is 21.51, which is 2694% above median its 10-year median of 0.77 and 131.3% above the Credit Services industry median of 9.30. Open Lending's overall GF Score™ is 71/100 with 6 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 Open Lending (LPRO), the current Debt-to-EBITDA is 21.51 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 Open Lending (LPRO) Overvalued in 2026?
Based on GuruFocus' analysis, Open Lending stock appears to be undervalued.
The current stock price of $3.12 is trading 46% below its estimated GF Value™ of $5.78.
GuruFocus considers Open Lending to be Possible Value Trap.
Key valuation signals for LPRO:
Debt-to-EBITDA: 21.51 (2694% above median its 10-year median of 0.77)
GF Value™: $5.78 vs. price of $3.12 (46% below fair value)
Industry Position: 131.3% above the Credit Services median (#245 of 282)
No single metric tells the full story. See the LPRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Open Lending Corp is a provider of lending enablement and risk analytics to credit unions, regional banks, finance companies and the captive finance companies of automakers (OEM captive finance companies). Through its flagship product, LPP, its customers, collectively referred to herein as automotive lenders or lenders, make automotive consumer loans to underserved near-prime and non-prime borrowers by harnessing its risk-based interest rate pricing models, powered by its proprietary data and real-time underwriting of automotive loan default insurance coverage from insurers.
71GF Score
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