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United Natural FoodsFRA:UN3 -0.68%62 Debt-to-Equity is 1.97 as of Apr. 2026, which is 7% below its 10-year median of 2.12. GuruFocus rates FRA:UN3 with a GF Score™ of 62/100 and a GF Value™ of €18.13 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 278 Retail - Defensive companies, United Natural Foods ranks worse than 83.81% 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 United Natural Foods's Debt-to-Equity or its related term are showing as below:
FRA:UN3'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 2.12 Max: 3.76
Current: 1.97
During the past 13 years, the highest Debt-to-Equity Ratio of United Natural Foods was 3.76. The lowest was 0.19. And the median was 2.12.
FRA:UN3's Debt-to-Equity is ranked worse than 83.81% of 278
companies
in the Retail - Defensive industry
Industry Median: 0.555
vs FRA:UN3: 1.97
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 Natural Foods Debt-to-Equity Related Terms
United Natural Foods Debt-to-Equity Historical Data
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The historical data trend for United Natural Foods'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.
FRA:UN3 vs ANDE, CHEF, AVO: Debt-to-Equity Comparison
For the Food Distribution subindustry, United Natural Foods'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 Natural Foods Debt-to-Equity vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, United Natural Foods's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where United Natural Foods'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.
United Natural Foods (FRA:UN3) has a Debt-to-Equity of 1.97 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on United Natural Foods and its competitors. This is near median its historical median of 2.12. Over the past decade, United Natural Foods' Debt-to-Equity has ranged from 0.19 to 3.76. According to the industry distribution chart, United Natural Foods ranks #233 out of 278 companies in the Retail - Defensive industry, placing it in the top 83.8%.
Is United Natural Foods' Debt-to-Equity too high?
United Natural Foods' current Debt-to-Equity of 1.97 is near median its 10-year median of 2.12. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 3.76. The Retail - Defensive industry median Debt-to-Equity is 0.56. United Natural Foods' value of 1.97 is 255% above this industry median. Based on the distribution chart, United Natural Foods ranks #233 out of 278 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, United Natural Foods has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does United Natural Foods' Debt-to-Equity compare to ANDE and CHEF?
According to the Retail - Defensive industry distribution chart, United Natural Foods ranks #233 out of 278 companies for Debt-to-Equity. This places United Natural Foods in the lower half of its industry. The industry median Debt-to-Equity is 0.56. United Natural Foods' value of 1.97 is 255% above this benchmark. Historically, United Natural Foods' own Debt-to-Equity has ranged from 0.19 to 3.76 over the past decade. While the company's 10-year median is 2.12 vs. the industry median of 0.56, United Natural Foods 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 - Defensive company?
The median Debt-to-Equity among Retail - Defensive companies is 0.56, based on 278 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 Natural Foods's current Debt-to-Equity of 1.97 is 255% 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 Natural Foods and its competitors. For the Retail - Defensive 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. United Natural Foods's current Debt-to-Equity is 1.97, which is near median its own 10-year median of 2.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Natural Foods stock overvalued right now?
Based on GuruFocus' analysis, United Natural Foods (FRA:UN3) is currently considered Significantly Overvalued. The stock's GF Value™ is €18.13, compared to a current price of €39.31 — trading 116.8% above its estimated fair value. The current Debt-to-Equity is 1.97, which is near median its 10-year median of 2.12 and 255% above the Retail - Defensive industry median of 0.56. United Natural Foods' overall GF Score™ is 62/100 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 United Natural Foods (FRA:UN3), the current Debt-to-Equity is 1.97 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 United Natural Foods (FRA:UN3) Overvalued in 2026?
Based on GuruFocus' analysis, United Natural Foods stock appears to be overvalued.
The current stock price of €39.31 is trading 116.8% above its estimated GF Value™ of €18.13.
GuruFocus considers United Natural Foods to be Significantly Overvalued.
Key valuation signals for FRA:UN3:
Debt-to-Equity: 1.97 (near median its 10-year median of 2.12)
GF Value™: €18.13 vs. price of €39.31 (116.8% above fair value)
Industry Position: 255% above the Retail - Defensive median (#233 of 278)
No single metric tells the full story. See the FRA:UN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
United Natural Foods Inc is a wholesale distributor of natural, organic and specialty foods and nonfood products across North America. The company's products consist of national, regional and private label brands grouped into grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and foodservice products, and personal care items. United Natural Foods serves various retail formats including conventional supermarket chains, natural product superstores, independent retail operators and foodservice channels such as e-commerce platforms. The company's operations are comprised of principal divisions: the wholesale division; the retail division; and other.
62GF Score
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