MCS (Marcus) Debt-to-EBITDA : -34.62 (As of Mar. 2026)


MCS Marcus Corp MCS
71 GF Score
Price $23.20
GF Value $18.45
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Marcus Debt-to-EBITDA?

Marcus MCS 71 Debt-to-EBITDA is -34.62 as of Mar. 2026. GuruFocus rates MCS with a GF Score™ of 71/100 and a GF Value™ of $18.45 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 677 Media - Diversified companies, Marcus ranks worse than 70.16% on this metric.

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

Marcus's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $18.9 Mil. Marcus's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $331.0 Mil. Marcus's annualized EBITDA for the quarter that ended in Mar. 2026 was $-10.1 Mil. Marcus's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -34.62.

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

MCS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.39   Med: 3.61   Max: 16.18
Current: 3.83

During the past 13 years, the highest Debt-to-EBITDA Ratio of Marcus was 16.18. The lowest was -5.39. And the median was 3.61.

MCS's Debt-to-EBITDA is ranked worse than
70.16% of 677 companies
in the Media - Diversified industry
Industry Median: 1.69 vs MCS: 3.83

Marcus  (NYSE:MCS) 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.


Marcus Debt-to-EBITDA Related Terms


Marcus Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Marcus'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.

Marcus Debt-to-EBITDA Chart

Marcus 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 16.18 5.07 3.73 5.13 3.71

Marcus Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -27.64 2.98 1.96 4.31 -34.62

MCS vs RSVR, ANGX, IQ: Debt-to-EBITDA Comparison

For the Entertainment subindustry, Marcus'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.


Marcus Debt-to-EBITDA vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Marcus's Debt-to-EBITDA distribution charts can be found below:

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


MCS
71GF Score
Marcus Corp MCS
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marcus Debt-to-EBITDA Calculation

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

Marcus'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
=(19.046 + 316.436) / 90.37
=3.71

Marcus's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(18.938 + 330.964) / -10.108
=-34.62

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -34.62 mean?
Marcus (MCS) has a Debt-to-EBITDA of -34.62 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 Marcus. According to the industry distribution chart, Marcus ranks #475 out of 677 companies in the Media - Diversified industry, placing it in the top 70.2%.
Is Marcus' Debt-to-EBITDA too high?
Marcus' current Debt-to-EBITDA is -34.62. Based on the distribution chart, Marcus ranks #475 out of 677 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Marcus has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marcus' Debt-to-EBITDA compare to RSVR and ANGX?
According to the Media - Diversified industry distribution chart, Marcus ranks #475 out of 677 companies for Debt-to-EBITDA. This places Marcus in the lower half of its industry. The industry median Debt-to-EBITDA is 1.69. 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 Media - Diversified company?
The median Debt-to-EBITDA among Media - Diversified companies is 1.69, based on 677 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 Marcus. For the Media - Diversified industry, the median Debt-to-EBITDA is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marcus's current Debt-to-EBITDA is -34.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marcus stock overvalued right now?
Based on GuruFocus' analysis, Marcus (MCS) is currently considered Modestly Overvalued. The stock's GF Value™ is $18.45, compared to a current price of $23.20 — trading 25.7% above its estimated fair value. The current Debt-to-EBITDA is -34.62. Marcus' overall GF Score™ is 71/100 with 7 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 Marcus (MCS), the current Debt-to-EBITDA is -34.62 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 Marcus (MCS) Overvalued in 2026?

Based on GuruFocus' analysis, Marcus stock appears to be overvalued. The current stock price of $23.20 is trading 25.7% above its estimated GF Value™ of $18.45. GuruFocus considers Marcus to be Modestly Overvalued.

Key valuation signals for MCS:

  • Debt-to-EBITDA: -34.62
  • GF Value™: $18.45 vs. price of $23.20 (25.7% above fair value)
  • GF Score™: 71/100 with 7 warning signs

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


Marcus Business Description

Address 111 East Kilbourn Avenue, Suite 1200, Milwaukee, WI, USA, 53202-6628
Marcus Corp is engaged in two business segments, which are movie theatres and Hotels and Resorts. The movie theatres segment operates multiscreen motion picture theatres in Wisconsin, Illinois, Iowa, Minnesota, Missouri, Nebraska, North Dakota, Ohio and others, a family entertainment center in Wisconsin and a retail center in Missouri; Hotels and Resorts segment owns and operates full-service hotels and resorts in Wisconsin, Illinois, and Nebraska and manages full-service hotels, resorts and other properties in Wisconsin, Minnesota, Texas, Nevada, California, and North Carolina. It generates maximum revenue from the Theatres segment.
71GF Score

Get the complete analysis for MCS

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

$23.20
Price
$18.45
GF Value