CCLLF (CCL Industries) Debt-to-Equity: 0.42 (As of Mar. 2026) — 31% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CCLLF CCL Industries Inc CCLLF
86 GF Score
Price $61.66
GF Value $56.50
! 5 Warning Signs
View Full Analysis

What is CCL Industries Debt-to-Equity?

CCL Industries CCLLF -2.27% 86 Debt-to-Equity is 0.42 as of Mar. 2026, which is 31% below its 10-year median of 0.61. GuruFocus rates CCLLF with a GF Score™ of 86/100 and a GF Value™ of $56.50. The stock has 5 warning signs investors should review. Among 362 Packaging & Containers companies, CCL Industries ranks better than 50.28% on this metric.

CCL Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $544 Mil. CCL Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1,189 Mil. CCL Industries's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $4,090 Mil. CCL Industries's debt to equity for the quarter that ended in Mar. 2026 was 0.42.

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 CCL Industries's Debt-to-Equity or its related term are showing as below:

CCLLF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4   Med: 0.61   Max: 1.49
Current: 0.42

During the past 13 years, the highest Debt-to-Equity Ratio of CCL Industries was 1.49. The lowest was 0.40. And the median was 0.61.

CCLLF's Debt-to-Equity is ranked better than
50.28% of 362 companies
in the Packaging & Containers industry
Industry Median: 0.425 vs CCLLF: 0.42

CCL Industries  (OTCPK:CCLLF) 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.


CCL Industries Debt-to-Equity Related Terms


CCL Industries Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for CCL Industries'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.

CCL Industries Debt-to-Equity Chart

CCL Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.55 0.49 0.46 0.40

CCL Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.47 0.48 0.47 0.40 0.42

CCLLF vs SW, PKG, IP: Debt-to-Equity Comparison

For the Packaging & Containers subindustry, CCL Industries'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.


CCL Industries Debt-to-Equity vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, CCL Industries's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CCL Industries's Debt-to-Equity falls into.


CCLLF
86GF Score
CCL Industries Inc CCLLF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CCL Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CCL Industries's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

CCL Industries's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.42 mean?
CCL Industries (CCLLF) has a Debt-to-Equity of 0.42 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on CCL Industries and its competitors. This is 31% below median its historical median of 0.61. Over the past decade, CCL Industries' Debt-to-Equity has ranged from 0.40 to 1.49. According to the industry distribution chart, CCL Industries ranks #180 out of 362 companies in the Packaging & Containers industry, placing it in the top 49.7%.
Is CCL Industries' Debt-to-Equity too high?
CCL Industries' current Debt-to-Equity of 0.42 is 31% below median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 1.49. The Packaging & Containers industry median Debt-to-Equity is 0.43. CCL Industries' value of 0.42 is 1.2% below this industry median. Based on the distribution chart, CCL Industries ranks #180 out of 362 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, CCL Industries has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does CCL Industries' Debt-to-Equity compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, CCL Industries ranks #180 out of 362 companies for Debt-to-Equity. This puts CCL Industries in the upper half of its industry. The industry median Debt-to-Equity is 0.43. CCL Industries' value of 0.42 is 1.2% below this benchmark. Historically, CCL Industries' own Debt-to-Equity has ranged from 0.40 to 1.49 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 0.43, CCL Industries 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 Packaging & Containers company?
The median Debt-to-Equity among Packaging & Containers companies is 0.43, based on 362 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. CCL Industries's current Debt-to-Equity of 0.42 is 1.2% 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 CCL Industries and its competitors. For the Packaging & Containers industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CCL Industries's current Debt-to-Equity is 0.42, which is 31% below median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CCL Industries stock overvalued right now?
CCL Industries (CCLLF) has a current Debt-to-Equity of 0.42. The stock's GF Value™ is $56.50, compared to a current price of $61.66 — trading 9.1% above its estimated fair value. The current Debt-to-Equity is 0.42, which is 31% below median its 10-year median of 0.61 and 1.2% below the Packaging & Containers industry median of 0.43. CCL Industries' overall GF Score™ is 86/100 with 5 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 CCL Industries (CCLLF), the current Debt-to-Equity is 0.42 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 CCL Industries (CCLLF) Overvalued in 2026?

Based on GuruFocus' analysis, CCL Industries stock appears to be overvalued. The current stock price of $61.66 is trading 9.1% above its estimated GF Value™ of $56.50.

Key valuation signals for CCLLF:

  • Debt-to-Equity: 0.42 (31% below median its 10-year median of 0.61)
  • GF Value™: $56.50 vs. price of $61.66 (9.1% above fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 1.2% below the Packaging & Containers median (#180 of 362)

No single metric tells the full story. See the CCLLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CCL Industries Business Description

Address 111 Gordon Baker Road, Suite 801, Toronto, ON, CAN, M2H 3R1
CCL Industries Inc manufactures and sells packaging and packaging-related products. The company operates through various segments, which include The CCL segment, which generates the majority of revenue, and sells pressure-sensitive and extruded film materials used for labels on consumer packaging, healthcare, automotive, and consumer durable products. The Avery segment sells software, labels, tags, dividers, badges, and specialty card products under the Avery brand. The Checkpoint segment includes the manufacturing and selling of technology-driven, inventory management and labeling solutions. Innovia segment manufactures specialty films. Its geographical segments include Canada; USA and Puerto Rico; Mexico, Brazil, Chile, and Argentina; Europe; and Asia, Australia, Africa, and New Zealand.
86GF Score

Get the complete analysis for CCLLF

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$61.66
Price
$56.50
GF Value