MaplebearCART +1.54%63 Debt-to-Equity is 0.01 as of Mar. 2026, which is at its 10-year median of 0.01. GuruFocus rates CART with a GF Score™ of 63/100 and a GF Value™ of $43.74 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,011 Retail - Cyclical companies, Maplebear ranks better than 99.9% 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 Maplebear's Debt-to-Equity or its related term are showing as below:
CART'
s Debt-to-Equity Range Over the Past 10 Years
Min: -0.77 Med: 0.01 Max: 0.23
Current: 0.01
During the past 6 years, the highest Debt-to-Equity Ratio of Maplebear was 0.23. The lowest was -0.77. And the median was 0.01.
CART's Debt-to-Equity is ranked better than 99.9% of 1011
companies
in the Retail - Cyclical industry
Industry Median: 0.56
vs CART: 0.01
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.
Maplebear Debt-to-Equity Related Terms
Maplebear Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Maplebear'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 Internet Retail subindustry, Maplebear'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.
Maplebear Debt-to-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Maplebear's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Maplebear'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.
Maplebear (CART) has a Debt-to-Equity of 0.01 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Maplebear and its competitors. This is near median its historical median of 0.01. According to the industry distribution chart, Maplebear ranks #1 out of 1011 companies in the Retail - Cyclical industry, placing it in the top 0.099999999999994%.
Is Maplebear's Debt-to-Equity too high?
Maplebear's current Debt-to-Equity of 0.01 is near median its 10-year median of 0.01. The Retail - Cyclical industry median Debt-to-Equity is 0.56. Maplebear's value of 0.01 is 98.2% below this industry median. Based on the distribution chart, Maplebear ranks #1 out of 1011 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Maplebear has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maplebear's Debt-to-Equity compare to W and CHWY?
According to the Retail - Cyclical industry distribution chart, Maplebear ranks #1 out of 1011 companies for Debt-to-Equity. This places Maplebear in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.56. Maplebear's value of 0.01 is 98.2% below this benchmark. While the company's 10-year median is 0.01 vs. the industry median of 0.56, Maplebear has consistently been below 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 Retail - Cyclical company?
The median Debt-to-Equity among Retail - Cyclical companies is 0.56, based on 1,011 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. Maplebear's current Debt-to-Equity of 0.01 is 98.2% below 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 Maplebear and its competitors. For the Retail - Cyclical 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. Maplebear's current Debt-to-Equity is 0.01, which is near median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maplebear stock overvalued right now?
Based on GuruFocus' analysis, Maplebear (CART) is currently considered Fairly Valued. The stock's GF Value™ is $43.74, compared to a current price of $48.09 — trading 9.9% above its estimated fair value. The current Debt-to-Equity is 0.01, which is near median its 10-year median of 0.01 and 98.2% below the Retail - Cyclical industry median of 0.56. Maplebear's overall GF Score™ is 63/100 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 Maplebear (CART), the current Debt-to-Equity is 0.01 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 Maplebear (CART) Overvalued in 2026?
Based on GuruFocus' analysis, Maplebear stock appears to be overvalued.
The current stock price of $48.09 is trading 9.9% above its estimated GF Value™ of $43.74.
GuruFocus considers Maplebear to be Fairly Valued.
Key valuation signals for CART:
Debt-to-Equity: 0.01 (near median its 10-year median of 0.01)
GF Value™: $43.74 vs. price of $48.09 (9.9% above fair value)
Industry Position: 98.2% below the Retail - Cyclical median (#1 of 1011)
No single metric tells the full story. See the CART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maplebear (Instacart) is a grocery-focused delivery marketplace that connects national and regional grocers with consumers and couriers, and consumers with their favorite stores. Its app provides on-demand convenience for consumers, allows couriers to earn income, and helps grocers to scale their business through digital channels. The marketplace gathers valuable consumer behavior data, attracting consumer-packaged-goods advertisers that seek to reach consumers at the point of purchase. With approximately 600,000 shoppers and 1,800 retail partners, Instacart delivers to about 98% of households in the United States and Canada.
63GF Score
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