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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 Dell Technologies's Debt-to-EBITDA or its related term are showing as below:
XSWX:DELL'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.11 Med: 3.93 Max: 22.05
Current: 2.11
During the past 12 years, the highest Debt-to-EBITDA Ratio of Dell Technologies was 22.05. The lowest was 2.11. And the median was 3.93.
XSWX:DELL's Debt-to-EBITDA is ranked worse than 54.87% of 1795
companies
in the Hardware industry
Industry Median: 1.71
vs XSWX:DELL: 2.11
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.
Dell Technologies Debt-to-EBITDA Related Terms
Dell Technologies Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Dell Technologies'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.
XSWX:DELL vs SNDK, STX, WDC: Debt-to-EBITDA Comparison
For the Computer Hardware subindustry, Dell Technologies'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.
Dell Technologies Debt-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Dell Technologies's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Dell Technologies'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 (Apr. 2026) EBITDA data.
Dell Technologies (XSWX:DELL) has a Debt-to-EBITDA of 1.53 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 Dell Technologies. This is 61% below median its historical median of 3.93. Over the past decade, Dell Technologies' Debt-to-EBITDA has ranged from 2.11 to 22.05. According to the industry distribution chart, Dell Technologies ranks #985 out of 1795 companies in the Hardware industry, placing it in the top 54.9%.
Is Dell Technologies' Debt-to-EBITDA too high?
Dell Technologies' current Debt-to-EBITDA of 1.53 is 61% below median its 10-year median of 3.93. Over the past 10 years, this metric has ranged from a low of 2.11 to a high of 22.05. The Hardware industry median Debt-to-EBITDA is 1.71. Dell Technologies' value of 1.53 is 10.5% below this industry median. Based on the distribution chart, Dell Technologies ranks #985 out of 1795 companies in the Hardware industry, which is below the industry midpoint. Overall, Dell Technologies has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Dell Technologies' Debt-to-EBITDA compare to SNDK and STX?
According to the Hardware industry distribution chart, Dell Technologies ranks #985 out of 1795 companies for Debt-to-EBITDA. This places Dell Technologies in the lower half of its industry. The industry median Debt-to-EBITDA is 1.71. Dell Technologies' value of 1.53 is 10.5% below this benchmark. Historically, Dell Technologies' own Debt-to-EBITDA has ranged from 2.11 to 22.05 over the past decade. While the company's 10-year median is 3.93 vs. the industry median of 1.71, Dell Technologies 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 Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.71, based on 1,795 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. Dell Technologies's current Debt-to-EBITDA of 1.53 is 10.5% 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 Dell Technologies. For the Hardware industry, the median Debt-to-EBITDA is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dell Technologies's current Debt-to-EBITDA is 1.53, which is 61% below median its own 10-year median of 3.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dell Technologies stock overvalued right now?
Dell Technologies (XSWX:DELL) has a current Debt-to-EBITDA of 1.53. The stock's GF Value™ is CHF160.75, compared to a current price of CHF359.90 — trading 123.9% above its estimated fair value. The current Debt-to-EBITDA is 1.53, which is 61% below median its 10-year median of 3.93 and 10.5% below the Hardware industry median of 1.71. Dell Technologies' overall GF Score™ is 69/100 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 Dell Technologies (XSWX:DELL), the current Debt-to-EBITDA is 1.53 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 Dell Technologies (XSWX:DELL) Overvalued in 2026?
Based on GuruFocus' analysis, Dell Technologies stock appears to be overvalued.
The current stock price of CHF359.90 is trading 123.9% above its estimated GF Value™ of CHF160.75.
Key valuation signals for XSWX:DELL:
Debt-to-EBITDA: 1.53 (61% below median its 10-year median of 3.93)
GF Value™: CHF160.75 vs. price of CHF359.90 (123.9% above fair value)
Industry Position: 10.5% below the Hardware median (#985 of 1795)
No single metric tells the full story. See the XSWX:DELL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dell Technologies is a broad information technology vendor, primarily supplying hardware to enterprises. It focuses on premium and commercial personal computers, as well as enterprise on-premises data center hardware. It holds top-three shares in its core markets of personal computers, peripheral displays, mainstream servers, and external storage. Dell has a robust ecosystem of component and assembly partners and also relies heavily on channel partners to fulfill its sales.
69GF Score
Get the complete analysis for XSWX:DELL
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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