Axos FinancialAX +2.89%85 Debt-to-Equity is 0.92 as of Mar. 2026, which is 130% above its 10-year median of 0.40. GuruFocus rates AX with a GF Score™ of 85/100 and a GF Value™ of $88.06 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,424 Banks companies, Axos Financial ranks worse than 65.38% 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 Axos Financial's Debt-to-Equity or its related term are showing as below:
AX'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.4 Max: 2.63
Current: 0.92
During the past 13 years, the highest Debt-to-Equity Ratio of Axos Financial was 2.63. The lowest was 0.14. And the median was 0.40.
AX's Debt-to-Equity is ranked worse than 65.38% of 1424
companies
in the Banks industry
Industry Median: 0.56
vs AX: 0.92
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.
Axos Financial Debt-to-Equity Related Terms
Axos Financial Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Axos Financial'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.
For the Banks - Regional subindustry, Axos Financial'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.
Axos Financial Debt-to-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Axos Financial's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Axos Financial'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.
Axos Financial (AX) has a Debt-to-Equity of 0.92 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Axos Financial and its competitors. This is 130% above median its historical median of 0.40. Over the past decade, Axos Financial's Debt-to-Equity has ranged from 0.14 to 2.63. According to the industry distribution chart, Axos Financial ranks #931 out of 1424 companies in the Banks industry, placing it in the top 65.4%.
Is Axos Financial's Debt-to-Equity too high?
Axos Financial's current Debt-to-Equity of 0.92 is 130% above median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 2.63. The Banks industry median Debt-to-Equity is 0.56. Axos Financial's value of 0.92 is 64.3% above this industry median. Based on the distribution chart, Axos Financial ranks #931 out of 1424 companies in the Banks industry, which is below the industry midpoint. Overall, Axos Financial has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Axos Financial's Debt-to-Equity compare to OZK and HOMB?
According to the Banks industry distribution chart, Axos Financial ranks #931 out of 1424 companies for Debt-to-Equity. This places Axos Financial in the lower half of its industry. The industry median Debt-to-Equity is 0.56. Axos Financial's value of 0.92 is 64.3% above this benchmark. Historically, Axos Financial's own Debt-to-Equity has ranged from 0.14 to 2.63 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 0.56, Axos Financial 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 Banks company?
The median Debt-to-Equity among Banks companies is 0.56, based on 1,424 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. Axos Financial's current Debt-to-Equity of 0.92 is 64.3% 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 Axos Financial and its competitors. For the Banks industry, the median Debt-to-Equity is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axos Financial's current Debt-to-Equity is 0.92, which is 130% above median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axos Financial stock overvalued right now?
Based on GuruFocus' analysis, Axos Financial (AX) is currently considered Modestly Overvalued. The stock's GF Value™ is $88.06, compared to a current price of $100.73 — trading 14.4% above its estimated fair value. The current Debt-to-Equity is 0.92, which is 130% above median its 10-year median of 0.40 and 64.3% above the Banks industry median of 0.56. Axos Financial's overall GF Score™ is 85/100 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Axos Financial (AX), the current Debt-to-Equity is 0.92 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 Axos Financial (AX) Overvalued in 2026?
Based on GuruFocus' analysis, Axos Financial stock appears to be overvalued.
The current stock price of $100.73 is trading 14.4% above its estimated GF Value™ of $88.06.
GuruFocus considers Axos Financial to be Modestly Overvalued.
Key valuation signals for AX:
Debt-to-Equity: 0.92 (130% above median its 10-year median of 0.40)
GF Value™: $88.06 vs. price of $100.73 (14.4% above fair value)
Industry Position: 64.3% above the Banks median (#931 of 1424)
No single metric tells the full story. See the AX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Axos Financial Inc is a bank holding company that operates through its bank subsidiary, BofI Federal Bank, a nationwide bank that provides financing for single and multifamily residential properties, small to medium-size businesses in certain sectors, and selected specialty finance receivables. Its operating segments are banking business segment and securities business segment. The bank distributed its products through a wide range of retail distribution channels, including only banking brands, affinity groups, and sales teams, among others. The majority of the bank's mortgage exposure is titled toward the state of California, particularly its southern region. Net interest income is a majority of the bank's revenue.
85GF Score
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