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BILL HoldingsBILL +0.07%71 Debt-to-Equity is 0.50 as of Mar. 2026, which is 9% above its 10-year median of 0.46. GuruFocus rates BILL with a GF Score™ of 71/100 and a GF Value™ of $66.28 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,241 Software companies, BILL Holdings ranks worse than 70.5% 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 BILL Holdings's Debt-to-Equity or its related term are showing as below:
BILL'
s Debt-to-Equity Range Over the Past 10 Years
Min: -0.09 Med: 0.46 Max: 1.1
Current: 0.5
During the past 8 years, the highest Debt-to-Equity Ratio of BILL Holdings was 1.10. The lowest was -0.09. And the median was 0.46.
BILL's Debt-to-Equity is ranked worse than 70.5% of 2241
companies
in the Software industry
Industry Median: 0.19
vs BILL: 0.50
BILL Holdings (NYSE:BILL) Debt-to-Equity Explanation
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.
BILL Holdings Debt-to-Equity Related Terms
BILL Holdings Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for BILL 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.
BILL vs BULL, ADEA, MNDY: Debt-to-Equity Comparison
For the Software - Application subindustry, BILL 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.
BILL Holdings Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, BILL Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where BILL Holdings'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.
BILL Holdings (BILL) has a Debt-to-Equity of 0.50 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on BILL Holdings and its competitors. This is near median its historical median of 0.46. According to the industry distribution chart, BILL Holdings ranks #1580 out of 2241 companies in the Software industry, placing it in the top 70.5%.
Is BILL Holdings' Debt-to-Equity too high?
BILL Holdings' current Debt-to-Equity of 0.50 is near median its 10-year median of 0.46. The Software industry median Debt-to-Equity is 0.19. BILL Holdings' value of 0.50 is 163.2% above this industry median. Based on the distribution chart, BILL Holdings ranks #1580 out of 2241 companies in the Software industry, which is below the industry midpoint. Overall, BILL Holdings has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BILL Holdings' Debt-to-Equity compare to BULL and ADEA?
According to the Software industry distribution chart, BILL Holdings ranks #1580 out of 2241 companies for Debt-to-Equity. This places BILL Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.19. BILL Holdings' value of 0.50 is 163.2% above this benchmark. While the company's 10-year median is 0.46 vs. the industry median of 0.19, BILL 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 Software company?
The median Debt-to-Equity among Software companies is 0.19, based on 2,241 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. BILL Holdings's current Debt-to-Equity of 0.50 is 163.2% 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 BILL Holdings and its competitors. For the Software industry, the median Debt-to-Equity is 0.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BILL Holdings's current Debt-to-Equity is 0.50, which is near median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BILL Holdings stock overvalued right now?
Based on GuruFocus' analysis, BILL Holdings (BILL) is currently considered Possible Value Trap. The stock's GF Value™ is $66.28, compared to a current price of $44.66 — trading 32.6% below its estimated fair value. The current Debt-to-Equity is 0.50, which is near median its 10-year median of 0.46 and 163.2% above the Software industry median of 0.19. BILL Holdings' overall GF Score™ is 71/100 with 3 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 BILL Holdings (BILL), the current Debt-to-Equity is 0.50 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 BILL Holdings (BILL) Overvalued in 2026?
Based on GuruFocus' analysis, BILL Holdings stock appears to be undervalued.
The current stock price of $44.66 is trading 32.6% below its estimated GF Value™ of $66.28.
GuruFocus considers BILL Holdings to be Possible Value Trap.
Key valuation signals for BILL:
Debt-to-Equity: 0.50 (near median its 10-year median of 0.46)
GF Value™: $66.28 vs. price of $44.66 (32.6% below fair value)
Industry Position: 163.2% above the Software median (#1580 of 2241)
No single metric tells the full story. See the BILL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BILL Holdings Inc is a provider of software-as-a-service, cloud-based payments and spend and expense management products, which allow users to automate accounts payable and accounts receivable transactions, enable businesses to easily connect with their suppliers or customers to do business, eliminate expense reports, manage cash flows and improve back office efficiency. Initial Public Offering and Follow-on Offering.
71GF Score
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