BRP (TSX:DOO) Debt-to-EBITDA : 2.24 (As of Apr. 2026) — 11% Above Median

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TSX:DOO BRP Inc TSX:DOO
84 GF Score
Price C$87.41
GF Value C$86.66
Valuation Fairly Valued
! 4 Warning Signs
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What is BRP Debt-to-EBITDA?

BRP TSX:DOO +1.60% 84 Debt-to-EBITDA is 2.24 as of Apr. 2026, which is 11% above its 10-year median of 2.01. GuruFocus rates TSX:DOO with a GF Score™ of 84/100 and a GF Value™ of C$86.66 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,095 Vehicles & Parts companies, BRP ranks worse than 59.54% on this metric.

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

BRP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was C$105 Mil. BRP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was C$2,817 Mil. BRP's annualized EBITDA for the quarter that ended in Apr. 2026 was C$1,302 Mil. BRP's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2026 was 2.24.

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

TSX:DOO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.55   Med: 2.01   Max: 4.05
Current: 2.9

During the past 13 years, the highest Debt-to-EBITDA Ratio of BRP was 4.05. The lowest was 1.55. And the median was 2.01.

TSX:DOO's Debt-to-EBITDA is ranked worse than
59.54% of 1095 companies
in the Vehicles & Parts industry
Industry Median: 2.25 vs TSX:DOO: 2.90

BRP  (TSX:DOO) 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.


BRP Debt-to-EBITDA Related Terms


BRP Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for BRP'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.

BRP Debt-to-EBITDA Chart

BRP Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 1.90 1.66 4.05 2.66

BRP Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 2.31 3.87 2.51 3.21 2.24

TSX:DOO vs BC, PII, THO: Debt-to-EBITDA Comparison

For the Recreational Vehicles subindustry, BRP'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.


BRP Debt-to-EBITDA vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, BRP's Debt-to-EBITDA distribution charts can be found below:

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


TSX:DOO
84GF Score
BRP Inc TSX:DOO
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BRP Debt-to-EBITDA Calculation

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

BRP's Debt-to-EBITDA for the fiscal year that ended in Jan. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(104.3 + 2575.4) / 1007.9
=2.66

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(104.7 + 2817.2) / 1302.4
=2.24

* 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 (Apr. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.24 mean?
BRP (TSX:DOO) has a Debt-to-EBITDA of 2.24 as of Apr. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on BRP. This is 11% above median its historical median of 2.01. Over the past decade, BRP's Debt-to-EBITDA has ranged from 1.55 to 4.05. According to the industry distribution chart, BRP ranks #652 out of 1095 companies in the Vehicles & Parts industry, placing it in the top 59.5%.
Is BRP's Debt-to-EBITDA too high?
BRP's current Debt-to-EBITDA of 2.24 is 11% above median its 10-year median of 2.01. Over the past 10 years, this metric has ranged from a low of 1.55 to a high of 4.05. The Vehicles & Parts industry median Debt-to-EBITDA is 2.25. BRP's value of 2.24 is 0.4% below this industry median. Based on the distribution chart, BRP ranks #652 out of 1095 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, BRP has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BRP's Debt-to-EBITDA compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, BRP ranks #652 out of 1095 companies for Debt-to-EBITDA. This places BRP in the lower half of its industry. The industry median Debt-to-EBITDA is 2.25. BRP's value of 2.24 is 0.4% below this benchmark. Historically, BRP's own Debt-to-EBITDA has ranged from 1.55 to 4.05 over the past decade. While the company's 10-year median is 2.01 vs. the industry median of 2.25, BRP 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 Vehicles & Parts company?
The median Debt-to-EBITDA among Vehicles & Parts companies is 2.25, based on 1,095 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. BRP's current Debt-to-EBITDA of 2.24 is 0.4% 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 BRP. For the Vehicles & Parts industry, the median Debt-to-EBITDA is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BRP's current Debt-to-EBITDA is 2.24, which is 11% above median its own 10-year median of 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BRP stock overvalued right now?
Based on GuruFocus' analysis, BRP (TSX:DOO) is currently considered Fairly Valued. The stock's GF Value™ is C$86.66, compared to a current price of C$87.41 — trading 0.9% above its estimated fair value. The current Debt-to-EBITDA is 2.24, which is 11% above median its 10-year median of 2.01 and 0.4% below the Vehicles & Parts industry median of 2.25. BRP's overall GF Score™ is 84/100 with 4 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 BRP (TSX:DOO), the current Debt-to-EBITDA is 2.24 as of Apr. 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 BRP (TSX:DOO) Overvalued in 2026?

Based on GuruFocus' analysis, BRP stock appears to be overvalued. The current stock price of C$87.41 is trading 0.9% above its estimated GF Value™ of C$86.66. GuruFocus considers BRP to be Fairly Valued.

Key valuation signals for TSX:DOO:

  • Debt-to-EBITDA: 2.24 (11% above median its 10-year median of 2.01)
  • GF Value™: C$86.66 vs. price of C$87.41 (0.9% above fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 0.4% below the Vehicles & Parts median (#652 of 1095)

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


BRP Business Description

Other Exchanges DOO:USAB15A:Germany
Address 726 Saint-Joseph Street, Valcourt, QC, CAN, J0E 2L0
BRP designs, develops, manufactures, distributes, and markets snowmobiles, all-terrain vehicles, and personal watercraft under the Ski-Doo, Sea-Doo, Can-Am, and Lynx brand names. It also builds engines under the Rotax brand (after shuttering the Evinrude outboard engine business in 2020) and offers clothing, parts, and accessories that cater to its core consumers. In 2018, BRP created a marine group, which has largely been divested; Manitou was sold in the third quarter of fiscal 2026, and Telwater remains up for sale. At the end of fiscal 2026, the company sold its products through a network of more than 2,050 independent dealers and 140 distributors in around 110 countries.
84GF Score

Get the complete analysis for TSX:DOO

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

C$87.41
Price
C$86.66
GF Value