Neptune Insurance HoldingsNP -1.24%17 Debt-to-EBITDA is 3.88 as of Mar. 2026, which is 22% above its 10-year median of 3.18. GuruFocus rates NP with a GF Score™ of 17/100. The stock has 3 warning signs investors should review. Among 322 Insurance companies, Neptune Insurance Holdings ranks worse than 81.06% 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 Neptune Insurance Holdings's Debt-to-EBITDA or its related term are showing as below:
NP'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2 Med: 3.18 Max: 3.69
Current: 3.09
During the past 3 years, the highest Debt-to-EBITDA Ratio of Neptune Insurance Holdings was 3.69. The lowest was 2.00. And the median was 3.18.
NP's Debt-to-EBITDA is ranked worse than 81.06% of 322
companies
in the Insurance industry
Industry Median: 1.185
vs NP: 3.09
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.
Neptune Insurance Holdings Debt-to-EBITDA Related Terms
Neptune Insurance Holdings Debt-to-EBITDA Historical Data
* 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 Insurance Brokers subindustry, Neptune Insurance Holdings'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.
Neptune Insurance Holdings Debt-to-EBITDA vs Insurance Industry
For the Insurance industry and Financial Services sector, Neptune Insurance Holdings's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Neptune Insurance Holdings'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.
Neptune Insurance Holdings (NP) has a Debt-to-EBITDA of 3.88 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 Neptune Insurance Holdings. This is 22% above median its historical median of 3.18. Over the past decade, Neptune Insurance Holdings' Debt-to-EBITDA has ranged from 2.00 to 3.69. According to the industry distribution chart, Neptune Insurance Holdings ranks #261 out of 322 companies in the Insurance industry, placing it in the top 81.1%.
Is Neptune Insurance Holdings' Debt-to-EBITDA too high?
Neptune Insurance Holdings' current Debt-to-EBITDA of 3.88 is 22% above median its 10-year median of 3.18. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 3.69. The Insurance industry median Debt-to-EBITDA is 1.19. Neptune Insurance Holdings' value of 3.88 is 227.4% above this industry median. Based on the distribution chart, Neptune Insurance Holdings ranks #261 out of 322 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Neptune Insurance Holdings has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Neptune Insurance Holdings' Debt-to-EBITDA compare to CRVL and ARX?
According to the Insurance industry distribution chart, Neptune Insurance Holdings ranks #261 out of 322 companies for Debt-to-EBITDA. This places Neptune Insurance Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 1.19. Neptune Insurance Holdings' value of 3.88 is 227.4% above this benchmark. Historically, Neptune Insurance Holdings' own Debt-to-EBITDA has ranged from 2.00 to 3.69 over the past decade. While the company's 10-year median is 3.18 vs. the industry median of 1.19, Neptune Insurance Holdings 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 an Insurance company?
The median Debt-to-EBITDA among Insurance companies is 1.19, based on 322 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. Neptune Insurance Holdings's current Debt-to-EBITDA of 3.88 is 227.4% 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 Neptune Insurance Holdings. For the Insurance industry, the median Debt-to-EBITDA is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neptune Insurance Holdings's current Debt-to-EBITDA is 3.88, which is 22% above median its own 10-year median of 3.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neptune Insurance Holdings stock overvalued right now?
Neptune Insurance Holdings (NP) has a current Debt-to-EBITDA of 3.88. The current Debt-to-EBITDA is 3.88, which is 22% above median its 10-year median of 3.18 and 227.4% above the Insurance industry median of 1.19. Neptune Insurance Holdings' overall GF Score™ is 17/100 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 Neptune Insurance Holdings (NP), the current Debt-to-EBITDA is 3.88 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.
Neptune Insurance Holdings Inc is a high-growth, profitable, data-driven MGA that offers residential and commercial insurance products, including primary flood insurance, excess flood insurance and parametric earthquake insurance, distributed through a nationwide network of agencies in the United States. The company underwrites and administers the issuance of insurance policies on behalf of a diverse panel of insurance and reinsurance companies and does not take any balance sheet insurance risk or have claims handling responsibility relating to the policies it sells.
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