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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 Ferrellgas Partners LP's Debt-to-Equity or its related term are showing as below:
FGPR'
s Debt-to-Equity Range Over the Past 10 Years
Min: -9.44 Med: -2.44 Max: -1.62
Current: -3.87
During the past 13 years, the highest Debt-to-Equity Ratio of Ferrellgas Partners LP was -1.62. The lowest was -9.44. And the median was -2.44.
FGPR's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.45
vs FGPR: -3.87
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.
Ferrellgas Partners LP Debt-to-Equity Related Terms
Ferrellgas Partners LP Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Ferrellgas Partners LP'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.
FGPR vs SGU, CLNE, BDCO: Debt-to-Equity Comparison
For the Oil & Gas Refining & Marketing subindustry, Ferrellgas Partners LP'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.
Ferrellgas Partners LP Debt-to-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ferrellgas Partners LP's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Ferrellgas Partners LP'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.
Ferrellgas Partners LP (FGPR) has a Debt-to-Equity of -3.87 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ferrellgas Partners LP and its competitors. According to the industry distribution chart, Ferrellgas Partners LP ranks #999999 out of 809 companies in the Oil & Gas industry.
Is Ferrellgas Partners LP's Debt-to-Equity too high?
Ferrellgas Partners LP's current Debt-to-Equity is -3.87. Based on the distribution chart, Ferrellgas Partners LP ranks #999999 out of 809 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Ferrellgas Partners LP has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ferrellgas Partners LP's Debt-to-Equity compare to SGU and CLNE?
According to the Oil & Gas industry distribution chart, Ferrellgas Partners LP ranks #999999 out of 809 companies for Debt-to-Equity. This places Ferrellgas Partners LP in the lower half of its industry. The industry median Debt-to-Equity is 0.45. 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 Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.45, based on 809 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. 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 Ferrellgas Partners LP and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ferrellgas Partners LP's current Debt-to-Equity is -3.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferrellgas Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Ferrellgas Partners LP (FGPR) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.33, compared to a current price of $23.04 — trading 146.9% above its estimated fair value. The current Debt-to-Equity is -3.87. Ferrellgas Partners LP's overall GF Score™ is 39/100 with 7 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 Ferrellgas Partners LP (FGPR), the current Debt-to-Equity is -3.87 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 Ferrellgas Partners LP (FGPR) Overvalued in 2026?
Based on GuruFocus' analysis, Ferrellgas Partners LP stock appears to be overvalued.
The current stock price of $23.04 is trading 146.9% above its estimated GF Value™ of $9.33.
GuruFocus considers Ferrellgas Partners LP to be Significantly Overvalued.
Key valuation signals for FGPR:
Debt-to-Equity: -3.87
GF Value™: $9.33 vs. price of $23.04 (146.9% above fair value)
No single metric tells the full story. See the FGPR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ferrellgas Partners LP distributes propane and related equipment to a wide mix of customers, including residential, commercial, agricultural, wholesale, and portable tank exchange segments. The company provides propane delivery and tank exchange services under several brands and sells related appliances, parts, and fittings. Ferrellgas operates all over the United States, the District of Columbia, and Puerto Rico, with sales concentrated in various regions across the United States. The majority of its revenue comes from the sales of Propane and other gas liquids to End Users and Resellers.
39GF Score
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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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