CCU (United Breweries Co) Debt-to-Equity: 0.77 (As of Mar. 2026) — 93% Above 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.

CCU United Breweries Co Inc CCU
80 GF Score
Price $11.49
GF Value $13.54
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is United Breweries Co Debt-to-Equity?

United Breweries Co CCU -1.63% 80 Debt-to-Equity is 0.77 as of Mar. 2026, which is 93% above its 10-year median of 0.40. GuruFocus rates CCU with a GF Score™ of 80/100 and a GF Value™ of $13.54 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 180 Beverages - Alcoholic companies, United Breweries Co ranks worse than 74.44% on this metric.

United Breweries Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $145 Mil. United Breweries Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1,196 Mil. United Breweries Co's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $1,736 Mil. United Breweries Co's debt to equity for the quarter that ended in Mar. 2026 was 0.77.

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 United Breweries Co's Debt-to-Equity or its related term are showing as below:

CCU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15   Med: 0.4   Max: 1.09
Current: 0.77

During the past 13 years, the highest Debt-to-Equity Ratio of United Breweries Co was 1.09. The lowest was 0.15. And the median was 0.40.

CCU's Debt-to-Equity is ranked worse than
74.44% of 180 companies
in the Beverages - Alcoholic industry
Industry Median: 0.375 vs CCU: 0.77

United Breweries Co  (NYSE:CCU) 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.


United Breweries Co Debt-to-Equity Related Terms


United Breweries Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for United Breweries Co'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.

United Breweries Co Debt-to-Equity Chart

United Breweries Co 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 0.44 1.04 1.09 0.93 0.85

United Breweries Co 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 0.90 0.86 0.86 0.85 0.77

CCU vs STZ, TAP: Debt-to-Equity Comparison

For the Beverages - Brewers subindustry, United Breweries Co'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.


United Breweries Co Debt-to-Equity vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, United Breweries Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where United Breweries Co's Debt-to-Equity falls into.


CCU
80GF Score
United Breweries Co Inc CCU
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

United Breweries Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

United Breweries Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

United Breweries Co'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 0.77 mean?
United Breweries Co (CCU) has a Debt-to-Equity of 0.77 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on United Breweries Co and its competitors. This is 93% above median its historical median of 0.40. Over the past decade, United Breweries Co's Debt-to-Equity has ranged from 0.15 to 1.09. According to the industry distribution chart, United Breweries Co ranks #134 out of 180 companies in the Beverages - Alcoholic industry, placing it in the top 74.4%.
Is United Breweries Co's Debt-to-Equity too high?
United Breweries Co's current Debt-to-Equity of 0.77 is 93% above median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 1.09. The Beverages - Alcoholic industry median Debt-to-Equity is 0.38. United Breweries Co's value of 0.77 is 105.3% above this industry median. Based on the distribution chart, United Breweries Co ranks #134 out of 180 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, United Breweries Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does United Breweries Co's Debt-to-Equity compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, United Breweries Co ranks #134 out of 180 companies for Debt-to-Equity. This places United Breweries Co in the lower half of its industry. The industry median Debt-to-Equity is 0.38. United Breweries Co's value of 0.77 is 105.3% above this benchmark. Historically, United Breweries Co's own Debt-to-Equity has ranged from 0.15 to 1.09 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 0.38, United Breweries Co 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 Beverages - Alcoholic company?
The median Debt-to-Equity among Beverages - Alcoholic companies is 0.38, based on 180 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. United Breweries Co's current Debt-to-Equity of 0.77 is 105.3% 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 United Breweries Co and its competitors. For the Beverages - Alcoholic industry, the median Debt-to-Equity is 0.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Breweries Co's current Debt-to-Equity is 0.77, which is 93% above median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Breweries Co stock overvalued right now?
Based on GuruFocus' analysis, United Breweries Co (CCU) is currently considered Modestly Undervalued. The stock's GF Value™ is $13.54, compared to a current price of $11.49 — trading 15.1% below its estimated fair value. The current Debt-to-Equity is 0.77, which is 93% above median its 10-year median of 0.40 and 105.3% above the Beverages - Alcoholic industry median of 0.38. United Breweries Co's overall GF Score™ is 80/100 with 6 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 United Breweries Co (CCU), the current Debt-to-Equity is 0.77 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 United Breweries Co (CCU) Overvalued in 2026?

Based on GuruFocus' analysis, United Breweries Co stock appears to be undervalued. The current stock price of $11.49 is trading 15.1% below its estimated GF Value™ of $13.54. GuruFocus considers United Breweries Co to be Modestly Undervalued.

Key valuation signals for CCU:

  • Debt-to-Equity: 0.77 (93% above median its 10-year median of 0.40)
  • GF Value™: $13.54 vs. price of $11.49 (15.1% below fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 105.3% above the Beverages - Alcoholic median (#134 of 180)

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


United Breweries Co Business Description

Other Exchanges CVU:GermanyCCU:Chile
Address Avenida Vitacura N 2670, Twenty-Third Floor, Santiago, CHL
United Breweries Co Inc is a multi-category beverage company with operations in Chile, Argentina, Bolivia, Colombia, Paraguay and Uruguay. The company is a player in each one of the beverage categories in which it participates in Chile, including beer, soft drinks, mineral and bottled water, juice, wine, cider and pisco, among others. The Company has three operating segment with respect to its revenues in the geographic areas of commercial activity: Chile; International business and Wine. It generates maximum revenue from Chile.
80GF Score

Get the complete analysis for CCU

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

$11.49
Price
$13.54
GF Value