American Eagle Outfitters (FRA:AFG) Debt-to-Equity: 1.14 (As of Apr. 2026) — 10% 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.

FRA:AFG American Eagle Outfitters Inc FRA:AFG
79 GF Score
Price €14.84
GF Value €18.39
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is American Eagle Outfitters Debt-to-Equity?

American Eagle Outfitters FRA:AFG -1.82% 79 Debt-to-Equity is 1.14 as of Apr. 2026, which is 10% below its 10-year median of 1.26. GuruFocus rates FRA:AFG with a GF Score™ of 79/100 and a GF Value™ of €18.39 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,024 Retail - Cyclical companies, American Eagle Outfitters ranks worse than 73.73% on this metric.

American Eagle Outfitters's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was €266 Mil. American Eagle Outfitters's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was €1,337 Mil. American Eagle Outfitters's Total Stockholders Equity for the quarter that ended in Apr. 2026 was €1,406 Mil. American Eagle Outfitters's debt to equity for the quarter that ended in Apr. 2026 was 1.14.

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 American Eagle Outfitters's Debt-to-Equity or its related term are showing as below:

FRA:AFG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.68   Med: 1.26   Max: 2.28
Current: 1.14

During the past 13 years, the highest Debt-to-Equity Ratio of American Eagle Outfitters was 2.28. The lowest was 0.68. And the median was 1.26.

FRA:AFG's Debt-to-Equity is ranked worse than
73.73% of 1024 companies
in the Retail - Cyclical industry
Industry Median: 0.56 vs FRA:AFG: 1.14

American Eagle Outfitters  (FRA:AFG) 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.


American Eagle Outfitters Debt-to-Equity Related Terms


American Eagle Outfitters Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for American Eagle Outfitters'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.

American Eagle Outfitters Debt-to-Equity Chart

American Eagle Outfitters Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.27 0.86 0.68 0.82 1.00

American Eagle Outfitters Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 1.20 1.29 1.21 1.00 1.14

FRA:AFG vs BKE, ANF, CRI: Debt-to-Equity Comparison

For the Apparel Retail subindustry, American Eagle Outfitters'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.


American Eagle Outfitters Debt-to-Equity vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, American Eagle Outfitters's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where American Eagle Outfitters's Debt-to-Equity falls into.


FRA:AFG
79GF Score
American Eagle Outfitters Inc FRA:AFG
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

American Eagle Outfitters Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

American Eagle Outfitters's Debt to Equity Ratio for the fiscal year that ended in Jan. 2026 is calculated as

American Eagle Outfitters's Debt to Equity Ratio for the quarter that ended in Apr. 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 1.14 mean?
American Eagle Outfitters (FRA:AFG) has a Debt-to-Equity of 1.14 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on American Eagle Outfitters and its competitors. This is 10% below median its historical median of 1.26. Over the past decade, American Eagle Outfitters' Debt-to-Equity has ranged from 0.68 to 2.28. According to the industry distribution chart, American Eagle Outfitters ranks #755 out of 1024 companies in the Retail - Cyclical industry, placing it in the top 73.7%.
Is American Eagle Outfitters' Debt-to-Equity too high?
American Eagle Outfitters' current Debt-to-Equity of 1.14 is 10% below median its 10-year median of 1.26. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 2.28. The Retail - Cyclical industry median Debt-to-Equity is 0.56. American Eagle Outfitters' value of 1.14 is 103.6% above this industry median. Based on the distribution chart, American Eagle Outfitters ranks #755 out of 1024 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, American Eagle Outfitters has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does American Eagle Outfitters' Debt-to-Equity compare to BKE and ANF?
According to the Retail - Cyclical industry distribution chart, American Eagle Outfitters ranks #755 out of 1024 companies for Debt-to-Equity. This places American Eagle Outfitters in the lower half of its industry. The industry median Debt-to-Equity is 0.56. American Eagle Outfitters' value of 1.14 is 103.6% above this benchmark. Historically, American Eagle Outfitters' own Debt-to-Equity has ranged from 0.68 to 2.28 over the past decade. While the company's 10-year median is 1.26 vs. the industry median of 0.56, American Eagle Outfitters 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 Retail - Cyclical company?
The median Debt-to-Equity among Retail - Cyclical companies is 0.56, based on 1,024 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. American Eagle Outfitters's current Debt-to-Equity of 1.14 is 103.6% 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 American Eagle Outfitters 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. American Eagle Outfitters's current Debt-to-Equity is 1.14, which is 10% below median its own 10-year median of 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Eagle Outfitters stock overvalued right now?
Based on GuruFocus' analysis, American Eagle Outfitters (FRA:AFG) is currently considered Modestly Undervalued. The stock's GF Value™ is €18.39, compared to a current price of €14.84 — trading 19.3% below its estimated fair value. The current Debt-to-Equity is 1.14, which is 10% below median its 10-year median of 1.26 and 103.6% above the Retail - Cyclical industry median of 0.56. American Eagle Outfitters' overall GF Score™ is 79/100 with 1 warning sign 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 American Eagle Outfitters (FRA:AFG), the current Debt-to-Equity is 1.14 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 American Eagle Outfitters (FRA:AFG) Overvalued in 2026?

Based on GuruFocus' analysis, American Eagle Outfitters stock appears to be undervalued. The current stock price of €14.84 is trading 19.3% below its estimated GF Value™ of €18.39. GuruFocus considers American Eagle Outfitters to be Modestly Undervalued.

Key valuation signals for FRA:AFG:

  • Debt-to-Equity: 1.14 (10% below median its 10-year median of 1.26)
  • GF Value™: €18.39 vs. price of €14.84 (19.3% below fair value)
  • GF Score™: 79/100 with 1 warning sign
  • Industry Position: 103.6% above the Retail - Cyclical median (#755 of 1024)

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


American Eagle Outfitters Business Description

Address 77 Hot Metal Street, Pittsburgh, PA, USA, 15203-2329
American Eagle Outfitters Inc is a specialty retailer. The company is engaged in the retail of apparel and accessories with company stores in the United States, Canada, Mexico, and Hong Kong. The Company leases all store premises, regional distribution facilities, some of its office space, and certain information technology and office equipment. American Eagle also has its online business. It operates in two segments: American Eagle and Aerie. The majority of its revenue comes from its primary brand, American Eagle, which offers an assortment of specialty apparel, accessories, and personal care products for women and men. Geographically, it generates the majority of its revenue from the United States.
79GF Score

Get the complete analysis for FRA:AFG

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

€14.84
Price
€18.39
GF Value