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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 Tenable Holdings's Debt-to-EBITDA or its related term are showing as below:
TENB'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -46.16 Med: -1.4 Max: 9.08
Current: 5.85
During the past 10 years, the highest Debt-to-EBITDA Ratio of Tenable Holdings was 9.08. The lowest was -46.16. And the median was -1.40.
TENB's Debt-to-EBITDA is ranked worse than 88.21% of 1722
companies
in the Software industry
Industry Median: 1.08
vs TENB: 5.85
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.
Tenable Holdings Debt-to-EBITDA Related Terms
Tenable Holdings Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Tenable 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.
TENB vs CLBT, PAY, BLSH: Debt-to-EBITDA Comparison
For the Software - Infrastructure subindustry, Tenable 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.
Tenable Holdings Debt-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Tenable Holdings's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Tenable 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.
Tenable Holdings (TENB) has a Debt-to-EBITDA of 4.83 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 Tenable Holdings. According to the industry distribution chart, Tenable Holdings ranks #1519 out of 1722 companies in the Software industry, placing it in the top 88.2%.
Is Tenable Holdings' Debt-to-EBITDA too high?
Tenable Holdings' current Debt-to-EBITDA is 4.83. The Software industry median Debt-to-EBITDA is 1.08. Tenable Holdings' value of 4.83 is 347.2% above this industry median. Based on the distribution chart, Tenable Holdings ranks #1519 out of 1722 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Tenable Holdings has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tenable Holdings' Debt-to-EBITDA compare to CLBT and PAY?
According to the Software industry distribution chart, Tenable Holdings ranks #1519 out of 1722 companies for Debt-to-EBITDA. This places Tenable Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 1.08. Tenable Holdings' value of 4.83 is 347.2% above this benchmark. 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 Software company?
The median Debt-to-EBITDA among Software companies is 1.08, based on 1,722 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. Tenable Holdings's current Debt-to-EBITDA of 4.83 is 347.2% 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 Tenable Holdings. For the Software industry, the median Debt-to-EBITDA is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenable Holdings's current Debt-to-EBITDA is 4.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenable Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tenable Holdings (TENB) is currently considered Possible Value Trap. The stock's GF Value™ is $49.19, compared to a current price of $31.46 — trading 36% below its estimated fair value. The current Debt-to-EBITDA is 4.83 and 347.2% above the Software industry median of 1.08. Tenable Holdings' overall GF Score™ is 72/100 with 2 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 Tenable Holdings (TENB), the current Debt-to-EBITDA is 4.83 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 Tenable Holdings (TENB) Overvalued in 2026?
Based on GuruFocus' analysis, Tenable Holdings stock appears to be undervalued.
The current stock price of $31.46 is trading 36% below its estimated GF Value™ of $49.19.
GuruFocus considers Tenable Holdings to be Possible Value Trap.
Key valuation signals for TENB:
Debt-to-EBITDA: 4.83
GF Value™: $49.19 vs. price of $31.46 (36% below fair value)
Industry Position: 347.2% above the Software median (#1519 of 1722)
No single metric tells the full story. See the TENB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 2002, Tenable is a cybersecurity company that began providing vulnerability management solutions under its Nessus software. In recent years, Tenable has expanded its portfolio to provide a broader range of exposure management modules. Solutions include cloud security and compliance, active directory management, operational technology security and advanced vulnerability analytics. The Maryland-based company went public in 2018.
72GF Score
Get the complete analysis for TENB
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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