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Butler NationalBUKS -1.73%74 Debt-to-Equity is 0.41 as of Apr. 2026, which is 40% below its 10-year median of 0.68. GuruFocus rates BUKS with a GF Score™ of 74/100 and a GF Value™ of $1.90 (Significantly Overvalued). Among 319 Aerospace & Defense companies, Butler National ranks worse than 56.43% 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 Butler National's Debt-to-Equity or its related term are showing as below:
BUKS'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.68 Max: 1.49
Current: 0.41
During the past 13 years, the highest Debt-to-Equity Ratio of Butler National was 1.49. The lowest was 0.20. And the median was 0.68.
BUKS's Debt-to-Equity is ranked worse than 56.43% of 319
companies
in the Aerospace & Defense industry
Industry Median: 0.3
vs BUKS: 0.41
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.
Butler National Debt-to-Equity Related Terms
Butler National Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Butler National'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.
BUKS vs POWW, AIRO, SIDU: Debt-to-Equity Comparison
For the Aerospace & Defense subindustry, Butler National'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.
Butler National Debt-to-Equity vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Butler National's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Butler National'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.
Butler National (BUKS) has a Debt-to-Equity of 0.41 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Butler National and its competitors. This is 40% below median its historical median of 0.68. Over the past decade, Butler National's Debt-to-Equity has ranged from 0.20 to 1.49. According to the industry distribution chart, Butler National ranks #180 out of 319 companies in the Aerospace & Defense industry, placing it in the top 56.4%.
Is Butler National's Debt-to-Equity too high?
Butler National's current Debt-to-Equity of 0.41 is 40% below median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 1.49. The Aerospace & Defense industry median Debt-to-Equity is 0.30. Butler National's value of 0.41 is 36.7% above this industry median. Based on the distribution chart, Butler National ranks #180 out of 319 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Butler National has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Butler National's Debt-to-Equity compare to POWW and AIRO?
According to the Aerospace & Defense industry distribution chart, Butler National ranks #180 out of 319 companies for Debt-to-Equity. This places Butler National in the lower half of its industry. The industry median Debt-to-Equity is 0.30. Butler National's value of 0.41 is 36.7% above this benchmark. Historically, Butler National's own Debt-to-Equity has ranged from 0.20 to 1.49 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 0.30, Butler National 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 an Aerospace & Defense company?
The median Debt-to-Equity among Aerospace & Defense companies is 0.30, based on 319 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. Butler National's current Debt-to-Equity of 0.41 is 36.7% 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 Butler National and its competitors. For the Aerospace & Defense industry, the median Debt-to-Equity is 0.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Butler National's current Debt-to-Equity is 0.41, which is 40% below median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Butler National stock overvalued right now?
Based on GuruFocus' analysis, Butler National (BUKS) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.90, compared to a current price of $3.98 — trading 109.5% above its estimated fair value. The current Debt-to-Equity is 0.41, which is 40% below median its 10-year median of 0.68 and 36.7% above the Aerospace & Defense industry median of 0.30. Butler National's overall GF Score™ is 74/100. 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 Butler National (BUKS), the current Debt-to-Equity is 0.41 as of Apr. 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 Butler National (BUKS) Overvalued in 2026?
Based on GuruFocus' analysis, Butler National stock appears to be overvalued.
The current stock price of $3.98 is trading 109.5% above its estimated GF Value™ of $1.90.
GuruFocus considers Butler National to be Significantly Overvalued.
Key valuation signals for BUKS:
Debt-to-Equity: 0.41 (40% below median its 10-year median of 0.68)
GF Value™: $1.90 vs. price of $3.98 (109.5% above fair value)
Industry Position: 36.7% above the Aerospace & Defense median (#180 of 319)
No single metric tells the full story. See the BUKS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Butler National Corp is involved in the design, engineering, manufacturing, selling, integrating, installing, repairing, modifying, overhauling, servicing, and distributing portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems (Aerospace Products). The group serves the aviation industry, including owners of aircraft and contractors involved with private, commercial, business, and government aircraft operations. It also serves commercial weapon manufacturers and suppliers to governments and their agencies. The company has two operating segments: Professional Services and Aerospace Products. Its main source of revenue comes from the Aerospace Products segment. It operates in North America, Europe, Asia, Australia, and other geographical regions.
74GF Score
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