TotalEnergies SE (TSX:TTES) Debt-to-EBITDA : 1.25 (As of Jun. 2026) — 18% Below Median

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TSX:TTES TotalEnergies SE TSX:TTES
57 GF Score
Price C$32.05
GF Value C$24.46
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is TotalEnergies SE Debt-to-EBITDA?

TotalEnergies SE TSX:TTES +0.44% 57 Debt-to-EBITDA is 1.25 as of Jun. 2026, which is 18% below its 10-year median of 1.52. GuruFocus rates TSX:TTES with a GF Score™ of 57/100 and a GF Value™ of C$24.46 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 706 Oil & Gas companies, TotalEnergies SE ranks better than 62.32% on this metric.

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

TotalEnergies SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was C$18,501 Mil. TotalEnergies SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was C$69,503 Mil. TotalEnergies SE's annualized EBITDA for the quarter that ended in Jun. 2026 was C$70,411 Mil. TotalEnergies SE's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 1.25.

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

TSX:TTES' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.94   Med: 1.52   Max: 4.23
Current: 1.36

During the past 13 years, the highest Debt-to-EBITDA Ratio of TotalEnergies SE was 4.23. The lowest was 0.94. And the median was 1.52.

TSX:TTES's Debt-to-EBITDA is ranked better than
62.32% of 706 companies
in the Oil & Gas industry
Industry Median: 2.005 vs TSX:TTES: 1.36

TotalEnergies SE  (TSX:TTES) 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.


TotalEnergies SE Debt-to-EBITDA Related Terms


TotalEnergies SE Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for TotalEnergies SE'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.

TotalEnergies SE Debt-to-EBITDA Chart

TotalEnergies SE 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 1.50 0.97 0.94 1.21 1.55

TotalEnergies SE Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.72 1.52 1.68 1.09 1.25

TSX:TTES vs XOM, CVX: Debt-to-EBITDA Comparison

For the Oil & Gas Integrated subindustry, TotalEnergies SE'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.


TotalEnergies SE Debt-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TotalEnergies SE's Debt-to-EBITDA distribution charts can be found below:

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


TSX:TTES
57GF Score
TotalEnergies SE TSX:TTES
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TotalEnergies SE Debt-to-EBITDA Calculation

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

TotalEnergies SE'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
=(16606.421 + 66261.524) / 53599.093
=1.55

TotalEnergies SE's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(18501.022 + 69503.385) / 70411.384
=1.25

* 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 (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.25 mean?
TotalEnergies SE (TSX:TTES) has a Debt-to-EBITDA of 1.25 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on TotalEnergies SE. This is 18% below median its historical median of 1.52. Over the past decade, TotalEnergies SE's Debt-to-EBITDA has ranged from 0.94 to 4.23. According to the industry distribution chart, TotalEnergies SE ranks #266 out of 706 companies in the Oil & Gas industry, placing it in the top 37.7%.
Is TotalEnergies SE's Debt-to-EBITDA too high?
TotalEnergies SE's current Debt-to-EBITDA of 1.25 is 18% below median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 4.23. The Oil & Gas industry median Debt-to-EBITDA is 2.01. TotalEnergies SE's value of 1.25 is 37.7% below this industry median. Based on the distribution chart, TotalEnergies SE ranks #266 out of 706 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, TotalEnergies SE has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TotalEnergies SE's Debt-to-EBITDA compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, TotalEnergies SE ranks #266 out of 706 companies for Debt-to-EBITDA. This puts TotalEnergies SE in the upper half of its industry. The industry median Debt-to-EBITDA is 2.01. TotalEnergies SE's value of 1.25 is 37.7% below this benchmark. Historically, TotalEnergies SE's own Debt-to-EBITDA has ranged from 0.94 to 4.23 over the past decade. While the company's 10-year median is 1.52 vs. the industry median of 2.01, TotalEnergies SE 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 an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.01, based on 706 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. TotalEnergies SE's current Debt-to-EBITDA of 1.25 is 37.7% 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 TotalEnergies SE. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TotalEnergies SE's current Debt-to-EBITDA is 1.25, which is 18% below median its own 10-year median of 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TotalEnergies SE stock overvalued right now?
Based on GuruFocus' analysis, TotalEnergies SE (TSX:TTES) is currently considered Significantly Overvalued. The stock's GF Value™ is C$24.46, compared to a current price of C$32.05 — trading 31% above its estimated fair value. The current Debt-to-EBITDA is 1.25, which is 18% below median its 10-year median of 1.52 and 37.7% below the Oil & Gas industry median of 2.01. TotalEnergies SE's overall GF Score™ is 57/100 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 TotalEnergies SE (TSX:TTES), the current Debt-to-EBITDA is 1.25 as of Jun. 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 TotalEnergies SE (TSX:TTES) Overvalued in 2026?

Based on GuruFocus' analysis, TotalEnergies SE stock appears to be overvalued. The current stock price of C$32.05 is trading 31% above its estimated GF Value™ of C$24.46. GuruFocus considers TotalEnergies SE to be Significantly Overvalued.

Key valuation signals for TSX:TTES:

  • Debt-to-EBITDA: 1.25 (18% below median its 10-year median of 1.52)
  • GF Value™: C$24.46 vs. price of C$32.05 (31% above fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 37.7% below the Oil & Gas median (#266 of 706)

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


TotalEnergies SE Business Description

Industry EnergyOil & Gas
Address 2, Place Jean Millier, La Defense 6, Courbevoie, FRA, 92400
TotalEnergies is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2025, it produced 1.5 million barrels of liquids and 5.4 billion cubic feet of natural gas per day. At the end of 2025, reserves stood at 11.2 billion barrels of oil equivalent, 55% of which are liquids. During 2025, it had LNG sales of 43.9 million metric tons. The company owns interests in refineries with a capacity of nearly 1.8 million barrels a day, primarily in Europe, distributes refined products in 65 countries, and manufactures commodity and specialty chemicals. At year-end, its gross installed renewable power generation capacity was 34 gigawatts.
57GF Score

Get the complete analysis for TSX:TTES

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

C$32.05
Price
C$24.46
GF Value