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Applied Aerospace & DefenseAADX -0.56%11 Debt-to-Equity is 4.20 as of Dec. 2025, which is 7% above its 10-year median of 3.94. GuruFocus rates AADX with a GF Score™ of 11/100. The stock has 4 warning signs investors should review. Among 317 Aerospace & Defense companies, Applied Aerospace & Defense ranks worse than 95.9% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Applied Aerospace & Defense's Debt-to-Equity or its related term are showing as below:
AADX'
s Debt-to-Equity Range Over the Past 10 Years
Min: 3.68 Med: 3.94 Max: 4.2
Current: 4.2
During the past 2 years, the highest Debt-to-Equity Ratio of Applied Aerospace & Defense was 4.20. The lowest was 3.68. And the median was 3.94.
AADX's Debt-to-Equity is ranked worse than 95.9% of 317
companies
in the Aerospace & Defense industry
Industry Median: 0.3
vs AADX: 4.20
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Applied Aerospace & Defense Debt-to-Equity Related Terms
Applied Aerospace & Defense Debt-to-Equity Historical Data
* 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.
Applied Aerospace & Defense Debt-to-Equity Chart
Applied Aerospace & Defense Annual Data
Trend
Dec24
Dec25
Debt-to-Equity
3.68
4.20
Applied Aerospace & Defense Semi-Annual Data
Dec24
Dec25
Debt-to-Equity
3.68
4.20
AADX vs FLY, ATRO, DCO: Debt-to-Equity Comparison
For the Aerospace & Defense subindustry, Applied Aerospace & Defense's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
Applied Aerospace & Defense Debt-to-Equity vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Applied Aerospace & Defense's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Applied Aerospace & Defense's Debt-to-Equity 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.
Applied Aerospace & Defense (AADX) has a Debt-to-Equity of 4.20 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Applied Aerospace & Defense and its competitors. This is near median its historical median of 3.94. Over the past decade, Applied Aerospace & Defense's Debt-to-Equity has ranged from 3.68 to 4.20. According to the industry distribution chart, Applied Aerospace & Defense ranks #304 out of 317 companies in the Aerospace & Defense industry, placing it in the top 95.9%.
Is Applied Aerospace & Defense's Debt-to-Equity too high?
Applied Aerospace & Defense's current Debt-to-Equity of 4.20 is near median its 10-year median of 3.94. Over the past 10 years, this metric has ranged from a low of 3.68 to a high of 4.20. The Aerospace & Defense industry median Debt-to-Equity is 0.30. Applied Aerospace & Defense's value of 4.20 is 1300% above this industry median. Based on the distribution chart, Applied Aerospace & Defense ranks #304 out of 317 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Applied Aerospace & Defense has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Applied Aerospace & Defense's Debt-to-Equity compare to FLY and ATRO?
According to the Aerospace & Defense industry distribution chart, Applied Aerospace & Defense ranks #304 out of 317 companies for Debt-to-Equity. This places Applied Aerospace & Defense in the lower half of its industry. The industry median Debt-to-Equity is 0.30. Applied Aerospace & Defense's value of 4.20 is 1300% above this benchmark. Historically, Applied Aerospace & Defense's own Debt-to-Equity has ranged from 3.68 to 4.20 over the past decade. While the company's 10-year median is 3.94 vs. the industry median of 0.30, Applied Aerospace & Defense 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-Equity for an Aerospace & Defense company?
The median Debt-to-Equity among Aerospace & Defense companies is 0.30, based on 317 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Applied Aerospace & Defense's current Debt-to-Equity of 4.20 is 1300% 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Applied Aerospace & Defense and its competitors. For the Aerospace & Defense industry, the median Debt-to-Equity is 0.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applied Aerospace & Defense's current Debt-to-Equity is 4.20, which is near median its own 10-year median of 3.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Aerospace & Defense stock overvalued right now?
Applied Aerospace & Defense (AADX) has a current Debt-to-Equity of 4.20. The current Debt-to-Equity is 4.20, which is near median its 10-year median of 3.94 and 1300% above the Aerospace & Defense industry median of 0.30. Applied Aerospace & Defense's overall GF Score™ is 11/100 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Applied Aerospace & Defense (AADX), the current Debt-to-Equity is 4.20 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.
Applied Aerospace & Defense Inc specializes in providing engineering and vertically integrated manufacturing solutions for space and defense technology companies. The company builds complex hardware for extreme operating environments, combining deep material science and IP-enabled process expertise with the ability to enable rapid prototyping, enhance new product development, and responsively scale production. The majority of the company's revenue is derived from the sales of Defense Aviation and Airborne Systems, followed by Space and Launch Systems, C5ISR and Precision Strike Systems.
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