OSW (OneSpaWorld Holdings) Debt-to-EBITDA : 0.78 (As of Mar. 2026) — 23% Below Median

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OSW OneSpaWorld Holdings Ltd OSW
85 GF Score
Price $26.06
GF Value $19.89
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is OneSpaWorld Holdings Debt-to-EBITDA?

OneSpaWorld Holdings OSW -1.36% 85 Debt-to-EBITDA is 0.78 as of Mar. 2026, which is 23% below its 10-year median of 1.01. GuruFocus rates OSW with a GF Score™ of 85/100 and a GF Value™ of $19.89 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 649 Travel & Leisure companies, OneSpaWorld Holdings ranks better than 77.35% on this metric.

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

OneSpaWorld Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1.8 Mil. OneSpaWorld Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $90.9 Mil. OneSpaWorld Holdings's annualized EBITDA for the quarter that ended in Mar. 2026 was $118.4 Mil. OneSpaWorld Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.78.

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

OSW' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -7.17   Med: 1.01   Max: 5.98
Current: 0.82

During the past 10 years, the highest Debt-to-EBITDA Ratio of OneSpaWorld Holdings was 5.98. The lowest was -7.17. And the median was 1.01.

OSW's Debt-to-EBITDA is ranked better than
77.35% of 649 companies
in the Travel & Leisure industry
Industry Median: 2.53 vs OSW: 0.82

OneSpaWorld Holdings  (NAS:OSW) 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.


OneSpaWorld Holdings Debt-to-EBITDA Related Terms


OneSpaWorld Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for OneSpaWorld Holdings'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.

OneSpaWorld Holdings Debt-to-EBITDA Chart

OneSpaWorld Holdings 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 -7.17 2.47 4.38 1.01 0.88

OneSpaWorld Holdings 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 1.21 0.96 0.75 1.03 0.78

OSW vs PTON, CALY, FUN: Debt-to-EBITDA Comparison

For the Leisure subindustry, OneSpaWorld 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.


OneSpaWorld Holdings Debt-to-EBITDA vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, OneSpaWorld Holdings's Debt-to-EBITDA distribution charts can be found below:

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


OSW
85GF Score
OneSpaWorld Holdings Ltd OSW
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OneSpaWorld Holdings Debt-to-EBITDA Calculation

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

OneSpaWorld Holdings'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
=(1.979 + 92.38) / 107.109
=0.88

OneSpaWorld Holdings'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
=(1.754 + 90.854) / 118.408
=0.78

* 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 0.78 mean?
OneSpaWorld Holdings (OSW) has a Debt-to-EBITDA of 0.78 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 OneSpaWorld Holdings. This is 23% below median its historical median of 1.01. According to the industry distribution chart, OneSpaWorld Holdings ranks #147 out of 649 companies in the Travel & Leisure industry, placing it in the top 22.7%.
Is OneSpaWorld Holdings' Debt-to-EBITDA too high?
OneSpaWorld Holdings' current Debt-to-EBITDA of 0.78 is 23% below median its 10-year median of 1.01. The Travel & Leisure industry median Debt-to-EBITDA is 2.53. OneSpaWorld Holdings' value of 0.78 is 69.2% below this industry median. Based on the distribution chart, OneSpaWorld Holdings ranks #147 out of 649 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, OneSpaWorld Holdings has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does OneSpaWorld Holdings' Debt-to-EBITDA compare to PTON and CALY?
According to the Travel & Leisure industry distribution chart, OneSpaWorld Holdings ranks #147 out of 649 companies for Debt-to-EBITDA. This places OneSpaWorld Holdings in the top 23% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.53. OneSpaWorld Holdings' value of 0.78 is 69.2% below this benchmark. While the company's 10-year median is 1.01 vs. the industry median of 2.53, OneSpaWorld Holdings has consistently been below 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 Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.53, based on 649 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. OneSpaWorld Holdings's current Debt-to-EBITDA of 0.78 is 69.2% below 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 OneSpaWorld Holdings. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OneSpaWorld Holdings's current Debt-to-EBITDA is 0.78, which is 23% below median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OneSpaWorld Holdings stock overvalued right now?
Based on GuruFocus' analysis, OneSpaWorld Holdings (OSW) is currently considered Significantly Overvalued. The stock's GF Value™ is $19.89, compared to a current price of $26.06 — trading 31% above its estimated fair value. The current Debt-to-EBITDA is 0.78, which is 23% below median its 10-year median of 1.01 and 69.2% below the Travel & Leisure industry median of 2.53. OneSpaWorld Holdings' overall GF Score™ is 85/100 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 OneSpaWorld Holdings (OSW), the current Debt-to-EBITDA is 0.78 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 OneSpaWorld Holdings (OSW) Overvalued in 2026?

Based on GuruFocus' analysis, OneSpaWorld Holdings stock appears to be overvalued. The current stock price of $26.06 is trading 31% above its estimated GF Value™ of $19.89. GuruFocus considers OneSpaWorld Holdings to be Significantly Overvalued.

Key valuation signals for OSW:

  • Debt-to-EBITDA: 0.78 (23% below median its 10-year median of 1.01)
  • GF Value™: $19.89 vs. price of $26.06 (31% above fair value)
  • GF Score™: 85/100 with 7 warning signs
  • Industry Position: 69.2% below the Travel & Leisure median (#147 of 649)

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


OneSpaWorld Holdings Business Description

Other Exchanges ORW:Germany
Address Pineapple Business Park, Office Number 2, P.O. Box N-624, Airport Industrial Park, Nassau, BHS
OneSpaWorld Holdings Ltd is an operator of health and wellness centers onboard cruise ships and an operator of health and wellness centers at destination resorts all over the world. It offers a suite of premium health, fitness, beauty, and wellness services and products. The services provided by the company include body, salon, and skin care services and products, fitness classes and personal fitness training and pain management, detoxifying programs, and comprehensive body composition analyses among others. The company has only one single segment of Maritime and Destination Resorts.
85GF Score

Get the complete analysis for OSW

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

$26.06
Price
$19.89
GF Value