ADV (Advantage Solutions) Debt-to-Equity: 3.24 (As of Mar. 2026) — 80% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ADV Advantage Solutions Inc ADV
60 GF Score
Price $36.38
GF Value $59.86
Valuation Possible Value Trap
! 4 Warning Signs
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What is Advantage Solutions Debt-to-Equity?

Advantage Solutions ADV +7.97% 60 Debt-to-Equity is 3.24 as of Mar. 2026, which is 80% above its 10-year median of 1.80. GuruFocus rates ADV with a GF Score™ of 60/100 and a GF Value™ of $59.86 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 832 Media - Diversified companies, Advantage Solutions ranks worse than 93.15% on this metric.

Advantage Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $26 Mil. Advantage Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1,521 Mil. Advantage Solutions's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $478 Mil. Advantage Solutions's debt to equity for the quarter that ended in Mar. 2026 was 3.24.

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 Advantage Solutions's Debt-to-Equity or its related term are showing as below:

ADV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.81   Med: 1.8   Max: 3.24
Current: 3.24

During the past 10 years, the highest Debt-to-Equity Ratio of Advantage Solutions was 3.24. The lowest was 0.81. And the median was 1.80.

ADV's Debt-to-Equity is ranked worse than
93.15% of 832 companies
in the Media - Diversified industry
Industry Median: 0.26 vs ADV: 3.24

Advantage Solutions  (NAS:ADV) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Advantage Solutions Debt-to-Equity Related Terms


Advantage Solutions Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Advantage Solutions's Debt-to-Equity 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.

Advantage Solutions Debt-to-Equity Chart

Advantage Solutions Annual Data
Trend Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 1.88 1.73 2.32 3.08

Advantage Solutions Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity 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 2.41 2.45 2.37 3.08 3.24

ADV vs NEXN, QNST, NCMI: Debt-to-Equity Comparison

For the Advertising Agencies subindustry, Advantage Solutions'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.


Advantage Solutions Debt-to-Equity vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Advantage Solutions's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Advantage Solutions's Debt-to-Equity falls into.


ADV
60GF Score
Advantage Solutions Inc ADV
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Advantage Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Advantage Solutions's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Advantage Solutions's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 3.24 mean?
Advantage Solutions (ADV) has a Debt-to-Equity of 3.24 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Advantage Solutions and its competitors. This is 80% above median its historical median of 1.80. Over the past decade, Advantage Solutions' Debt-to-Equity has ranged from 0.81 to 3.24. According to the industry distribution chart, Advantage Solutions ranks #775 out of 832 companies in the Media - Diversified industry, placing it in the top 93.1%.
Is Advantage Solutions' Debt-to-Equity too high?
Advantage Solutions' current Debt-to-Equity of 3.24 is 80% above median its 10-year median of 1.80. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 3.24. The Media - Diversified industry median Debt-to-Equity is 0.26. Advantage Solutions' value of 3.24 is 1146.2% above this industry median. Based on the distribution chart, Advantage Solutions ranks #775 out of 832 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Advantage Solutions has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Advantage Solutions' Debt-to-Equity compare to NEXN and QNST?
According to the Media - Diversified industry distribution chart, Advantage Solutions ranks #775 out of 832 companies for Debt-to-Equity. This places Advantage Solutions in the lower half of its industry. The industry median Debt-to-Equity is 0.26. Advantage Solutions' value of 3.24 is 1146.2% above this benchmark. Historically, Advantage Solutions' own Debt-to-Equity has ranged from 0.81 to 3.24 over the past decade. While the company's 10-year median is 1.80 vs. the industry median of 0.26, Advantage Solutions 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 a Media - Diversified company?
The median Debt-to-Equity among Media - Diversified companies is 0.26, based on 832 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. Advantage Solutions's current Debt-to-Equity of 3.24 is 1146.2% 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 Advantage Solutions and its competitors. For the Media - Diversified industry, the median Debt-to-Equity is 0.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advantage Solutions's current Debt-to-Equity is 3.24, which is 80% above median its own 10-year median of 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advantage Solutions stock overvalued right now?
Based on GuruFocus' analysis, Advantage Solutions (ADV) is currently considered Possible Value Trap. The stock's GF Value™ is $59.86, compared to a current price of $36.38 — trading 39.2% below its estimated fair value. The current Debt-to-Equity is 3.24, which is 80% above median its 10-year median of 1.80 and 1146.2% above the Media - Diversified industry median of 0.26. Advantage Solutions' overall GF Score™ is 60/100 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 Advantage Solutions (ADV), the current Debt-to-Equity is 3.24 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 Advantage Solutions (ADV) Overvalued in 2026?

Based on GuruFocus' analysis, Advantage Solutions stock appears to be undervalued. The current stock price of $36.38 is trading 39.2% below its estimated GF Value™ of $59.86. GuruFocus considers Advantage Solutions to be Possible Value Trap.

Key valuation signals for ADV:

  • Debt-to-Equity: 3.24 (80% above median its 10-year median of 1.80)
  • GF Value™: $59.86 vs. price of $36.38 (39.2% below fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 1146.2% above the Media - Diversified median (#775 of 832)

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


Advantage Solutions Business Description

Address 7676 Forsyth Boulevard, Fifth Floor, St. Louis, MO, USA, 63105
Advantage Solutions Inc provides outsourced sales, marketing, merchandising, sampling, and retailer support services to consumer packaged goods manufacturers and retailers across North America. Its services are designed to support distribution, retail execution, shopper engagement, and private brand development across both physical and digital commerce environments. The company serves various clients across grocery, mass, club, retail pharmacy, convenience, and other channels. It operates through three reportable segments: Branded Services, Experiential Services, and Retailer Services. The majority of the revenue is derived from the Experiential Services segment, which provides in-store and digital sampling programs, demonstrations, and experiential events for manufacturers and retailers.
60GF Score

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

$36.38
Price
$59.86
GF Value