WSP Global (TSX:WSP) Debt-to-EBITDA : 4.59 (As of Mar. 2026) — 90% Above Median

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TSX:WSP WSP Global Inc TSX:WSP
79 GF Score
Price C$174.77
GF Value C$247.59
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is WSP Global Debt-to-EBITDA?

WSP Global TSX:WSP +1.39% 79 Debt-to-EBITDA is 4.59 as of Mar. 2026, which is 90% above its 10-year median of 2.41. GuruFocus rates TSX:WSP with a GF Score™ of 79/100 and a GF Value™ of C$247.59 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,403 Construction companies, WSP Global ranks worse than 65.22% on this metric.

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

WSP Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was C$495 Mil. WSP Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was C$8,116 Mil. WSP Global's annualized EBITDA for the quarter that ended in Mar. 2026 was C$1,874 Mil. WSP Global's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 4.59.

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

TSX:WSP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.67   Med: 2.41   Max: 3.63
Current: 3.63

During the past 13 years, the highest Debt-to-EBITDA Ratio of WSP Global was 3.63. The lowest was 1.67. And the median was 2.41.

TSX:WSP's Debt-to-EBITDA is ranked worse than
65.22% of 1403 companies
in the Construction industry
Industry Median: 2.15 vs TSX:WSP: 3.63

WSP Global  (TSX:WSP) 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.


WSP Global Debt-to-EBITDA Related Terms


WSP Global Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for WSP Global'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.

WSP Global Debt-to-EBITDA Chart

WSP Global 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 2.25 3.18 2.56 3.02 2.06

WSP Global 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 2.93 1.98 1.91 1.99 4.59

TSX:WSP vs PWR, FIX, EME: Debt-to-EBITDA Comparison

For the Engineering & Construction subindustry, WSP Global'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.


WSP Global Debt-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, WSP Global's Debt-to-EBITDA distribution charts can be found below:

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


TSX:WSP
79GF Score
WSP Global Inc TSX:WSP
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WSP Global Debt-to-EBITDA Calculation

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

WSP Global'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
=(603 + 4261.5) / 2365.6
=2.06

WSP Global'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
=(494.8 + 8116.1) / 1874.4
=4.59

* 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 4.59 mean?
WSP Global (TSX:WSP) has a Debt-to-EBITDA of 4.59 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 WSP Global. This is 90% above median its historical median of 2.41. Over the past decade, WSP Global's Debt-to-EBITDA has ranged from 1.67 to 3.63. According to the industry distribution chart, WSP Global ranks #915 out of 1403 companies in the Construction industry, placing it in the top 65.2%.
Is WSP Global's Debt-to-EBITDA too high?
WSP Global's current Debt-to-EBITDA of 4.59 is 90% above median its 10-year median of 2.41. Over the past 10 years, this metric has ranged from a low of 1.67 to a high of 3.63. The Construction industry median Debt-to-EBITDA is 2.15. WSP Global's value of 4.59 is 113.5% above this industry median. Based on the distribution chart, WSP Global ranks #915 out of 1403 companies in the Construction industry, which is below the industry midpoint. Overall, WSP Global has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does WSP Global's Debt-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, WSP Global ranks #915 out of 1403 companies for Debt-to-EBITDA. This places WSP Global in the lower half of its industry. The industry median Debt-to-EBITDA is 2.15. WSP Global's value of 4.59 is 113.5% above this benchmark. Historically, WSP Global's own Debt-to-EBITDA has ranged from 1.67 to 3.63 over the past decade. While the company's 10-year median is 2.41 vs. the industry median of 2.15, WSP Global 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 a Construction company?
The median Debt-to-EBITDA among Construction companies is 2.15, based on 1,403 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. WSP Global's current Debt-to-EBITDA of 4.59 is 113.5% 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 WSP Global. For the Construction industry, the median Debt-to-EBITDA is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WSP Global's current Debt-to-EBITDA is 4.59, which is 90% above median its own 10-year median of 2.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WSP Global stock overvalued right now?
Based on GuruFocus' analysis, WSP Global (TSX:WSP) is currently considered Modestly Undervalued. The stock's GF Value™ is C$247.59, compared to a current price of C$174.77 — trading 29.4% below its estimated fair value. The current Debt-to-EBITDA is 4.59, which is 90% above median its 10-year median of 2.41 and 113.5% above the Construction industry median of 2.15. WSP Global's overall GF Score™ is 79/100 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 WSP Global (TSX:WSP), the current Debt-to-EBITDA is 4.59 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 WSP Global (TSX:WSP) Overvalued in 2026?

Based on GuruFocus' analysis, WSP Global stock appears to be undervalued. The current stock price of C$174.77 is trading 29.4% below its estimated GF Value™ of C$247.59. GuruFocus considers WSP Global to be Modestly Undervalued.

Key valuation signals for TSX:WSP:

  • Debt-to-EBITDA: 4.59 (90% above median its 10-year median of 2.41)
  • GF Value™: C$247.59 vs. price of C$174.77 (29.4% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 113.5% above the Construction median (#915 of 1403)

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


WSP Global Business Description

Other Exchanges WSPOF:USA1W3:Germany
Address 1600, Rene-Levesque Bouleverd West, 11th Floor, Montreal, QC, CAN, H3H 1P9
WSP Global Inc provides a professional services consulting firm offering technical expertise and advice to clients in the Transportation & Infrastructure, Earth & Environment, Property & Buildings, and Power & Energy sectors. The company also offers specialized services in project and program delivery and advisory services. The firm operates through four reportable segments namely, Canada, Americas ( United States and Latin America), EMEIA (Europe, Middle East, India and Africa), and APAC (Asia Pacific, comprising Australia, New Zealand and Asia).
79GF Score

Get the complete analysis for TSX:WSP

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

C$174.77
Price
C$247.59
GF Value