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Fold HoldingsFLD -0.35%8 Debt-to-Equity is 0.88 as of Mar. 2026, which is at its 10-year median of 0.88. GuruFocus rates FLD with a GF Score™ of 8/100. The stock has 3 warning signs investors should review. Among 610 Capital Markets companies, Fold Holdings ranks worse than 68.85% 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 Fold Holdings's Debt-to-Equity or its related term are showing as below:
FLD'
s Debt-to-Equity Range Over the Past 10 Years
Min: -0.17 Med: 0.88 Max: 1.25
Current: 0.88
During the past 4 years, the highest Debt-to-Equity Ratio of Fold Holdings was 1.25. The lowest was -0.17. And the median was 0.88.
FLD's Debt-to-Equity is ranked worse than 68.85% of 610
companies
in the Capital Markets industry
Industry Median: 0.305
vs FLD: 0.88
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.
Fold Holdings Debt-to-Equity Related Terms
Fold Holdings Debt-to-Equity Historical Data
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The historical data trend for Fold Holdings'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 Capital Markets subindustry, Fold Holdings'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.
Fold Holdings Debt-to-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Fold Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Fold Holdings'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.
Fold Holdings (FLD) has a Debt-to-Equity of 0.88 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Fold Holdings and its competitors. This is near median its historical median of 0.88. According to the industry distribution chart, Fold Holdings ranks #420 out of 610 companies in the Capital Markets industry, placing it in the top 68.9%.
Is Fold Holdings' Debt-to-Equity too high?
Fold Holdings' current Debt-to-Equity of 0.88 is near median its 10-year median of 0.88. The Capital Markets industry median Debt-to-Equity is 0.31. Fold Holdings' value of 0.88 is 188.5% above this industry median. Based on the distribution chart, Fold Holdings ranks #420 out of 610 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Fold Holdings has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Fold Holdings' Debt-to-Equity compare to ATCH and SOS?
According to the Capital Markets industry distribution chart, Fold Holdings ranks #420 out of 610 companies for Debt-to-Equity. This places Fold Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.31. Fold Holdings' value of 0.88 is 188.5% above this benchmark. While the company's 10-year median is 0.88 vs. the industry median of 0.31, Fold Holdings 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 Capital Markets company?
The median Debt-to-Equity among Capital Markets companies is 0.31, based on 610 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. Fold Holdings's current Debt-to-Equity of 0.88 is 188.5% 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 Fold Holdings and its competitors. For the Capital Markets industry, the median Debt-to-Equity is 0.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fold Holdings's current Debt-to-Equity is 0.88, which is near median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fold Holdings stock overvalued right now?
Fold Holdings (FLD) has a current Debt-to-Equity of 0.88. The current Debt-to-Equity is 0.88, which is near median its 10-year median of 0.88 and 188.5% above the Capital Markets industry median of 0.31. Fold Holdings' overall GF Score™ is 8/100 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 Fold Holdings (FLD), the current Debt-to-Equity is 0.88 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.
Fold Holdings Inc is a bitcoin financial services company dedicated to expanding access to bitcoin through a comprehensive suite of consumer financial products. Its financial services platform that allows customers to earn, accumulate, and utilize bitcoin in their everyday life. The company offers consumers an FDIC insured checking account through Sutton Bank, a prepaid Visa debit card (the Fold Debit Card), a bitcoin rewards credit card (the Fold Credit Card), a bitcoin gift card, bill payments, and an extensive catalog of merchant reward offers. It also offers various forms of bitcoin buying and selling with low-to-zero fees and insured custody.
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