Sulzer AG (XSWX:SUN) Debt-to-EBITDA : 2.00 (As of Dec. 2025) — 35% Below Median

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XSWX:SUN Sulzer AG XSWX:SUN
80 GF Score
Price CHF141.30
GF Value CHF133.83
Valuation Fairly Valued
! 2 Warning Signs
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What is Sulzer AG Debt-to-EBITDA?

Sulzer AG XSWX:SUN +1.44% 80 Debt-to-EBITDA is 2.00 as of Dec. 2025, which is 35% below its 10-year median of 3.07. GuruFocus rates XSWX:SUN with a GF Score™ of 80/100 and a GF Value™ of CHF133.83 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,332 Industrial Products companies, Sulzer AG ranks worse than 57.16% on this metric.

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

Sulzer AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was CHF334 Mil. Sulzer AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was CHF861 Mil. Sulzer AG's annualized EBITDA for the quarter that ended in Dec. 2025 was CHF596 Mil. Sulzer AG's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 2.00.

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

XSWX:SUN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.88   Med: 3.07   Max: 5.94
Current: 2.21

During the past 13 years, the highest Debt-to-EBITDA Ratio of Sulzer AG was 5.94. The lowest was 1.88. And the median was 3.07.

XSWX:SUN's Debt-to-EBITDA is ranked worse than
57.16% of 2332 companies
in the Industrial Products industry
Industry Median: 1.7 vs XSWX:SUN: 2.21

Sulzer AG  (XSWX:SUN) 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.


Sulzer AG Debt-to-EBITDA Related Terms


Sulzer AG Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Sulzer AG'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.

Sulzer AG Debt-to-EBITDA Chart

Sulzer AG 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 4.10 4.99 2.60 2.31 2.21

Sulzer AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.46 2.52 2.12 2.39 2.00

XSWX:SUN vs GEV, ETN, PH: Debt-to-EBITDA Comparison

For the Specialty Industrial Machinery subindustry, Sulzer AG'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.


Sulzer AG Debt-to-EBITDA vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sulzer AG's Debt-to-EBITDA distribution charts can be found below:

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


XSWX:SUN
80GF Score
Sulzer AG XSWX:SUN
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sulzer AG Debt-to-EBITDA Calculation

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

Sulzer AG'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
=(333.8 + 861) / 539.7
=2.21

Sulzer AG's annualized Debt-to-EBITDA for the quarter 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
=(333.8 + 861) / 596.2
=2.00

* 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 two times the quarterly (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.00 mean?
Sulzer AG (XSWX:SUN) has a Debt-to-EBITDA of 2.00 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Sulzer AG. This is 35% below median its historical median of 3.07. Over the past decade, Sulzer AG's Debt-to-EBITDA has ranged from 1.88 to 5.94. According to the industry distribution chart, Sulzer AG ranks #1333 out of 2332 companies in the Industrial Products industry, placing it in the top 57.2%.
Is Sulzer AG's Debt-to-EBITDA too high?
Sulzer AG's current Debt-to-EBITDA of 2.00 is 35% below median its 10-year median of 3.07. Over the past 10 years, this metric has ranged from a low of 1.88 to a high of 5.94. The Industrial Products industry median Debt-to-EBITDA is 1.70. Sulzer AG's value of 2.00 is 17.6% above this industry median. Based on the distribution chart, Sulzer AG ranks #1333 out of 2332 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Sulzer AG has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sulzer AG's Debt-to-EBITDA compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Sulzer AG ranks #1333 out of 2332 companies for Debt-to-EBITDA. This places Sulzer AG in the lower half of its industry. The industry median Debt-to-EBITDA is 1.70. Sulzer AG's value of 2.00 is 17.6% above this benchmark. Historically, Sulzer AG's own Debt-to-EBITDA has ranged from 1.88 to 5.94 over the past decade. While the company's 10-year median is 3.07 vs. the industry median of 1.70, Sulzer AG 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 an Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.70, based on 2,332 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. Sulzer AG's current Debt-to-EBITDA of 2.00 is 17.6% 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 Sulzer AG. For the Industrial Products industry, the median Debt-to-EBITDA is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sulzer AG's current Debt-to-EBITDA is 2.00, which is 35% below median its own 10-year median of 3.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sulzer AG stock overvalued right now?
Based on GuruFocus' analysis, Sulzer AG (XSWX:SUN) is currently considered Fairly Valued. The stock's GF Value™ is CHF133.83, compared to a current price of CHF141.30 — trading 5.6% above its estimated fair value. The current Debt-to-EBITDA is 2.00, which is 35% below median its 10-year median of 3.07 and 17.6% above the Industrial Products industry median of 1.70. Sulzer AG's overall GF Score™ is 80/100 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 Sulzer AG (XSWX:SUN), the current Debt-to-EBITDA is 2.00 as of Dec. 2025. 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 Sulzer AG (XSWX:SUN) Overvalued in 2026?

Based on GuruFocus' analysis, Sulzer AG stock appears to be overvalued. The current stock price of CHF141.30 is trading 5.6% above its estimated GF Value™ of CHF133.83. GuruFocus considers Sulzer AG to be Fairly Valued.

Key valuation signals for XSWX:SUN:

  • Debt-to-EBITDA: 2.00 (35% below median its 10-year median of 3.07)
  • GF Value™: CHF133.83 vs. price of CHF141.30 (5.6% above fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 17.6% above the Industrial Products median (#1333 of 2332)

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


Sulzer AG Business Description

Address Neuwiesenstrasse 15, Winterthur, CHE, 8401
Sulzer AG specializes in pumping solutions, rotating equipment maintenance, and mixing technology. It serves customers operating in the oil and gas, power, and water markets. Pumping solutions focus on transporting and processing oil and derivatives, treating water, and renewable power generation. In addition, the company offers solutions for turbines, compressors, motors, and other rotating components and has technicians to provide maintenance. Sulzer's business segments include Flow Equipment, Services, Chemtech, and Others which serve across the globe. Majority of its revenues are generated from its Flow equipment and Services segment.
80GF Score

Get the complete analysis for XSWX:SUN

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

CHF141.30
Price
CHF133.83
GF Value