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Grocery Outlet HoldingGO 65 Debt-to-Equity is 2.28 as of Mar. 2026, which is 55% above its 10-year median of 1.47. GuruFocus rates GO with a GF Score™ of 65/100 and a GF Value™ of $19.37 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 280 Retail - Defensive companies, Grocery Outlet Holding ranks worse than 86.43% 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 Grocery Outlet Holding's Debt-to-Equity or its related term are showing as below:
GO'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.14 Med: 1.47 Max: 5.22
Current: 2.28
During the past 10 years, the highest Debt-to-Equity Ratio of Grocery Outlet Holding was 5.22. The lowest was 1.14. And the median was 1.47.
GO's Debt-to-Equity is ranked worse than 86.43% of 280
companies
in the Retail - Defensive industry
Industry Median: 0.55
vs GO: 2.28
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.
Grocery Outlet Holding Debt-to-Equity Related Terms
Grocery Outlet Holding Debt-to-Equity Historical Data
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The historical data trend for Grocery Outlet Holding'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.
GO vs NGVC, VLGEA, YSWY: Debt-to-Equity Comparison
For the Grocery Stores subindustry, Grocery Outlet Holding'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.
Grocery Outlet Holding Debt-to-Equity vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Grocery Outlet Holding's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Grocery Outlet Holding'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.
Grocery Outlet Holding (GO) has a Debt-to-Equity of 2.28 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Grocery Outlet Holding and its competitors. This is 55% above median its historical median of 1.47. Over the past decade, Grocery Outlet Holding's Debt-to-Equity has ranged from 1.14 to 5.22. According to the industry distribution chart, Grocery Outlet Holding ranks #242 out of 280 companies in the Retail - Defensive industry, placing it in the top 86.4%.
Is Grocery Outlet Holding's Debt-to-Equity too high?
Grocery Outlet Holding's current Debt-to-Equity of 2.28 is 55% above median its 10-year median of 1.47. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 5.22. The Retail - Defensive industry median Debt-to-Equity is 0.55. Grocery Outlet Holding's value of 2.28 is 314.5% above this industry median. Based on the distribution chart, Grocery Outlet Holding ranks #242 out of 280 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Grocery Outlet Holding has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Grocery Outlet Holding's Debt-to-Equity compare to NGVC and VLGEA?
According to the Retail - Defensive industry distribution chart, Grocery Outlet Holding ranks #242 out of 280 companies for Debt-to-Equity. This places Grocery Outlet Holding in the lower half of its industry. The industry median Debt-to-Equity is 0.55. Grocery Outlet Holding's value of 2.28 is 314.5% above this benchmark. Historically, Grocery Outlet Holding's own Debt-to-Equity has ranged from 1.14 to 5.22 over the past decade. While the company's 10-year median is 1.47 vs. the industry median of 0.55, Grocery Outlet Holding 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 0.55, based on 280 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. Grocery Outlet Holding's current Debt-to-Equity of 2.28 is 314.5% 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 Grocery Outlet Holding and its competitors. For the Retail - Defensive industry, the median Debt-to-Equity is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grocery Outlet Holding's current Debt-to-Equity is 2.28, which is 55% above median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grocery Outlet Holding stock overvalued right now?
Based on GuruFocus' analysis, Grocery Outlet Holding (GO) is currently considered Possible Value Trap. The stock's GF Value™ is $19.37, compared to a current price of $9.16 — trading 52.7% below its estimated fair value. The current Debt-to-Equity is 2.28, which is 55% above median its 10-year median of 1.47 and 314.5% above the Retail - Defensive industry median of 0.55. Grocery Outlet Holding's overall GF Score™ is 65/100 with 4 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 Grocery Outlet Holding (GO), the current Debt-to-Equity is 2.28 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 Grocery Outlet Holding (GO) Overvalued in 2026?
Based on GuruFocus' analysis, Grocery Outlet Holding stock appears to be undervalued.
The current stock price of $9.16 is trading 52.7% below its estimated GF Value™ of $19.37.
GuruFocus considers Grocery Outlet Holding to be Possible Value Trap.
Key valuation signals for GO:
Debt-to-Equity: 2.28 (55% above median its 10-year median of 1.47)
GF Value™: $19.37 vs. price of $9.16 (52.7% below fair value)
Industry Position: 314.5% above the Retail - Defensive median (#242 of 280)
No single metric tells the full story. See the GO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grocery Outlet Holding Corp is a grocery store operator in the United States. It is a retailer of quality, name-brand consumables and fresh products sold through a network of independently operated stores. The stores are run by Entrepreneurial independent operators which create a neighborhood feel through personalized customer service and a localized product offering.
65GF Score
Get the complete analysis for GO
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