BECN (Beacon Roofing Supply) Debt-to-Equity : 1.95 (As of Sep. 2024)

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What is Beacon Roofing Supply Debt-to-Equity?

Beacon Roofing Supply's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $145 Mil. Beacon Roofing Supply's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $3,562 Mil. Beacon Roofing Supply's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $1,898 Mil. Beacon Roofing Supply's debt to equity for the quarter that ended in Sep. 2024 was 1.95.

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 Beacon Roofing Supply's Debt-to-Equity or its related term are showing as below:

BECN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25 Med: 1.08 Max: 2.11
Current: 1.95

During the past 13 years, the highest Debt-to-Equity Ratio of Beacon Roofing Supply was 2.11. The lowest was 0.25. And the median was 1.08.

BECN's Debt-to-Equity is ranked worse than
96.6% of 147 companies
in the Industrial Distribution industry
Industry Median: 0.46 vs BECN: 1.95

Beacon Roofing Supply Debt-to-Equity Historical Data

The historical data trend for Beacon Roofing Supply'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.

* Premium members only.

Beacon Roofing Supply Debt-to-Equity Chart

Beacon Roofing Supply Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Dec22

Dec23

Debt-to-Equity

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1.15

1.45

0.96

1.06

1.60

Beacon Roofing Supply Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															1.73	1.60	1.78	2.11	1.95

Competitive Comparison of Beacon Roofing Supply's Debt-to-Equity

For the Industrial Distribution subindustry, Beacon Roofing Supply'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.

Beacon Roofing Supply's Debt-to-Equity Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Beacon Roofing Supply's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Beacon Roofing Supply's Debt-to-Equity falls into.

Beacon Roofing Supply Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Beacon Roofing Supply's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(125.9	+	2796.3)	/	1823.5
	=	1.60

Beacon Roofing Supply's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(144.5	+	3562.3)	/	1897.6
	=	1.95

Beacon Roofing Supply (NAS:BECN) 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.

Beacon Roofing Supply Debt-to-Equity Related Terms

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Beacon Roofing Supply Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Beacon Roofing Supply Inc (NAS:BECN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

OWY:Germany OWY:Germany

Address

505 Huntmar Park Drive, Suite 300, Herndon, VA, USA, 20170

Website

https://www.becn.com

Beacon Roofing Supply Inc manufactures and sells roofing and building materials throughout the United States and Canada. Beacon's key customers consist of contractors, home builders, lumberyards, retailers, wholesale distributors, and building materials suppliers. The company's product portfolio includes both residential and non-residential roofing materials, siding, windows, and waterproofing systems. The majority of revenue is generated from residential and non-residential roofing products. The vast majority of Beacon's revenue comes from the United States.

Executives

Jason L Taylor	officer: President, West Division	505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
Best Clement Munroe Iii	officer: President, South Division	505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
James J Gosa	officer: President, North/Canada Div.	505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
Christopher Carl Nelson	officer: EVP, CIO	505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
Stuart A Randle	director	585 WEST 500 SOUTH, BOUNTIFUL UT 84010
Julian Francis	director, officer: President & CEO	ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Cd&r Investment Associates Ix, Ltd.	10 percent owner	MAPLES CORPORATE SERVICES LIMITED, UGLAND HOUSE, GRAND CAYMAN E9 KY101194
Robert M Mclaughlin	director	C/O AIRGAS, INC., 259 NORTH RADNOR-CHESTER RD, RADNOR PA 19087
Martin S. Harrell	officer: President, Waterproofing	3401 PHILIPS HWY, JACKSONVILLE FL 32207
Christine Stroh Reddy	officer: EVP, General Counsel	505 HUNTMAR PARK DRIVE, SUITE 300, HERNDON VA 20170
Racquel Harris Mason	director	C/O ELANCO ANIMAL HEALTH INCORPORATED, 2500 INNOVATION WAY, GREENFIELD IN 46140
Hart Melanie Housey	director	POOL CORPORATION, 109 NORTHPARK BLVD, COVINGTON LA 70433
Frank A Lonegro	officer: EVP & Chief Financial Officer	500 WATER STREET, JACKSONVILLE FL 32202
Jonathan Stuart Bennett	officer: EVP & CCO	505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
Sean M. Mcdevitt	officer: EVP & CHRO	505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170