Qube Holdings (ASX:QUB) Debt-to-Equity: 0.98 (As of Dec. 2025) — 48% Above Median

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ASX:QUB Qube Holdings Ltd ASX:QUB
87 GF Score
Price A$5.11
GF Value A$5.68
Valuation Modestly Undervalued
! 11 Warning Signs
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What is Qube Holdings Debt-to-Equity?

Qube Holdings ASX:QUB 87 Debt-to-Equity is 0.98 as of Dec. 2025, which is 48% above its 10-year median of 0.66. GuruFocus rates ASX:QUB with a GF Score™ of 87/100 and a GF Value™ of A$5.68 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 909 Transportation companies, Qube Holdings ranks worse than 70.41% on this metric.

Qube Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$136 Mil. Qube Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$2,920 Mil. Qube Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$3,122 Mil. Qube Holdings's debt to equity for the quarter that ended in Dec. 2025 was 0.98.

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 Qube Holdings's Debt-to-Equity or its related term are showing as below:

ASX:QUB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31   Med: 0.66   Max: 1.03
Current: 0.98

During the past 13 years, the highest Debt-to-Equity Ratio of Qube Holdings was 1.03. The lowest was 0.31. And the median was 0.66.

ASX:QUB's Debt-to-Equity is ranked worse than
70.41% of 909 companies
in the Transportation industry
Industry Median: 0.54 vs ASX:QUB: 0.98

Qube Holdings  (ASX:QUB) 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.


Qube Holdings Debt-to-Equity Related Terms


Qube Holdings Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Qube Holdings'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.

Qube Holdings Debt-to-Equity Chart

Qube Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.65 0.67 0.75 1.03

Qube Holdings 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-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 0.78 0.75 0.92 1.03 0.98

ASX:QUB vs UPS, FDX, JBHT: Debt-to-Equity Comparison

For the Integrated Freight & Logistics subindustry, Qube Holdings'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.


Qube Holdings Debt-to-Equity vs Transportation Industry

For the Transportation industry and Industrials sector, Qube Holdings's Debt-to-Equity distribution charts can be found below:

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


ASX:QUB
87GF Score
Qube Holdings Ltd ASX:QUB
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Qube Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Qube Holdings's Debt to Equity Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Qube Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2025 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 0.98 mean?
Qube Holdings (ASX:QUB) has a Debt-to-Equity of 0.98 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Qube Holdings and its competitors. This is 48% above median its historical median of 0.66. Over the past decade, Qube Holdings' Debt-to-Equity has ranged from 0.31 to 1.03. According to the industry distribution chart, Qube Holdings ranks #640 out of 909 companies in the Transportation industry, placing it in the top 70.4%.
Is Qube Holdings' Debt-to-Equity too high?
Qube Holdings' current Debt-to-Equity of 0.98 is 48% above median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 1.03. The Transportation industry median Debt-to-Equity is 0.54. Qube Holdings' value of 0.98 is 81.5% above this industry median. Based on the distribution chart, Qube Holdings ranks #640 out of 909 companies in the Transportation industry, which is below the industry midpoint. Overall, Qube Holdings has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qube Holdings' Debt-to-Equity compare to UPS and FDX?
According to the Transportation industry distribution chart, Qube Holdings ranks #640 out of 909 companies for Debt-to-Equity. This places Qube Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.54. Qube Holdings' value of 0.98 is 81.5% above this benchmark. Historically, Qube Holdings' own Debt-to-Equity has ranged from 0.31 to 1.03 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 0.54, Qube Holdings 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 Transportation company?
The median Debt-to-Equity among Transportation companies is 0.54, based on 909 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. Qube Holdings's current Debt-to-Equity of 0.98 is 81.5% 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-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 Qube Holdings and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qube Holdings's current Debt-to-Equity is 0.98, which is 48% above median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qube Holdings stock overvalued right now?
Based on GuruFocus' analysis, Qube Holdings (ASX:QUB) is currently considered Modestly Undervalued. The stock's GF Value™ is A$5.68, compared to a current price of A$5.11 — trading 10% below its estimated fair value. The current Debt-to-Equity is 0.98, which is 48% above median its 10-year median of 0.66 and 81.5% above the Transportation industry median of 0.54. Qube Holdings' overall GF Score™ is 87/100 with 11 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 Qube Holdings (ASX:QUB), the current Debt-to-Equity is 0.98 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 Qube Holdings (ASX:QUB) Overvalued in 2026?

Based on GuruFocus' analysis, Qube Holdings stock appears to be undervalued. The current stock price of A$5.11 is trading 10% below its estimated GF Value™ of A$5.68. GuruFocus considers Qube Holdings to be Modestly Undervalued.

Key valuation signals for ASX:QUB:

  • Debt-to-Equity: 0.98 (48% above median its 10-year median of 0.66)
  • GF Value™: A$5.68 vs. price of A$5.11 (10% below fair value)
  • GF Score™: 87/100 with 11 warning signs
  • Industry Position: 81.5% above the Transportation median (#640 of 909)

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


Qube Holdings Business Description

Other Exchanges QUBHF:USA1K1:Germany
Address 45 Clarence Street, Level 27, Sydney, NSW, AUS, 2000
Qube has three main divisions: operating; property; and Patrick. Operating undertakes road/rail transportation of containers to and from port, operation of container parks, customs/quarantine services, warehousing, intermodal terminals, international freight forwarding, domestic stevedoring, and bulk transport. Patrick is the container terminals business acquired from Asciano, and the property division includes tactical land holdings in Sydney.
87GF Score

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

A$5.11
Price
A$5.68
GF Value