JOUT (Johnson Outdoors) Debt-to-Equity: 0.11 (As of Mar. 2026) — Near 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.

JOUT Johnson Outdoors Inc JOUT
73 GF Score
Price $45.96
GF Value $44.33
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Johnson Outdoors Debt-to-Equity?

Johnson Outdoors JOUT +2.86% 73 Debt-to-Equity is 0.11 as of Mar. 2026, which is at its 10-year median of 0.11. GuruFocus rates JOUT with a GF Score™ of 73/100 and a GF Value™ of $44.33 (Fairly Valued). The stock has 3 warning signs investors should review. Among 719 Travel & Leisure companies, Johnson Outdoors ranks better than 79.83% on this metric.

Johnson Outdoors's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $8.5 Mil. Johnson Outdoors's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $37.5 Mil. Johnson Outdoors's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $418.9 Mil. Johnson Outdoors's debt to equity for the quarter that ended in Mar. 2026 was 0.11.

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 Johnson Outdoors's Debt-to-Equity or its related term are showing as below:

JOUT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.11   Max: 0.12
Current: 0.11

During the past 13 years, the highest Debt-to-Equity Ratio of Johnson Outdoors was 0.12. The lowest was 0.02. And the median was 0.11.

JOUT's Debt-to-Equity is ranked better than
79.83% of 719 companies
in the Travel & Leisure industry
Industry Median: 0.42 vs JOUT: 0.11

Johnson Outdoors  (NAS:JOUT) 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.


Johnson Outdoors Debt-to-Equity Related Terms


Johnson Outdoors Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Johnson Outdoors'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.

Johnson Outdoors Debt-to-Equity Chart

Johnson Outdoors Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.12 0.11 0.11 0.12

Johnson Outdoors Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.11 0.10 0.12 0.11 0.11

JOUT vs FNKO, XPOF, JAKK: Debt-to-Equity Comparison

For the Leisure subindustry, Johnson Outdoors'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.


Johnson Outdoors Debt-to-Equity vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Johnson Outdoors's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Johnson Outdoors's Debt-to-Equity falls into.


JOUT
73GF Score
Johnson Outdoors Inc JOUT
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Johnson Outdoors Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Johnson Outdoors's Debt to Equity Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Johnson Outdoors's Debt to Equity Ratio for the quarter that ended in Mar. 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 0.11 mean?
Johnson Outdoors (JOUT) has a Debt-to-Equity of 0.11 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Johnson Outdoors and its competitors. This is near median its historical median of 0.11. Over the past decade, Johnson Outdoors' Debt-to-Equity has ranged from 0.02 to 0.12. According to the industry distribution chart, Johnson Outdoors ranks #145 out of 719 companies in the Travel & Leisure industry, placing it in the top 20.2%.
Is Johnson Outdoors' Debt-to-Equity too high?
Johnson Outdoors' current Debt-to-Equity of 0.11 is near median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.12. The Travel & Leisure industry median Debt-to-Equity is 0.42. Johnson Outdoors' value of 0.11 is 73.8% below this industry median. Based on the distribution chart, Johnson Outdoors ranks #145 out of 719 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Johnson Outdoors has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Johnson Outdoors' Debt-to-Equity compare to FNKO and XPOF?
According to the Travel & Leisure industry distribution chart, Johnson Outdoors ranks #145 out of 719 companies for Debt-to-Equity. This places Johnson Outdoors in the top 20% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.42. Johnson Outdoors' value of 0.11 is 73.8% below this benchmark. Historically, Johnson Outdoors' own Debt-to-Equity has ranged from 0.02 to 0.12 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 0.42, Johnson Outdoors has consistently been below 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 Travel & Leisure company?
The median Debt-to-Equity among Travel & Leisure companies is 0.42, based on 719 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. Johnson Outdoors's current Debt-to-Equity of 0.11 is 73.8% below 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 Johnson Outdoors and its competitors. For the Travel & Leisure industry, the median Debt-to-Equity is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Johnson Outdoors's current Debt-to-Equity is 0.11, which is near median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Johnson Outdoors stock overvalued right now?
Based on GuruFocus' analysis, Johnson Outdoors (JOUT) is currently considered Fairly Valued. The stock's GF Value™ is $44.33, compared to a current price of $45.96 — trading 3.7% above its estimated fair value. The current Debt-to-Equity is 0.11, which is near median its 10-year median of 0.11 and 73.8% below the Travel & Leisure industry median of 0.42. Johnson Outdoors' overall GF Score™ is 73/100 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 Johnson Outdoors (JOUT), the current Debt-to-Equity is 0.11 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 Johnson Outdoors (JOUT) Overvalued in 2026?

Based on GuruFocus' analysis, Johnson Outdoors stock appears to be overvalued. The current stock price of $45.96 is trading 3.7% above its estimated GF Value™ of $44.33. GuruFocus considers Johnson Outdoors to be Fairly Valued.

Key valuation signals for JOUT:

  • Debt-to-Equity: 0.11 (near median its 10-year median of 0.11)
  • GF Value™: $44.33 vs. price of $45.96 (3.7% above fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 73.8% below the Travel & Leisure median (#145 of 719)

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


Johnson Outdoors Business Description

Address 555 Main Street, Racine, WI, USA, 53403
Johnson Outdoors Inc is a manufacturer and marketer of branded seasonal, outdoor recreation products used for fishing from a boat, diving, paddling, hiking and camping. The company has four operating segment: Fishing, Camping, Watercraft Recreation, and Diving. It generates maximum revenue from the Fishing segment which produces and markets products under different brands such as Minn Kota electric motors for quiet trolling or primary propulsion, marine battery chargers and shallow water anchors; Humminbird sonar and GPS equipment for fish finding, navigation and marine cartography; and Cannon downriggers for controlled-depth fishing. Geographically, it derives a majority of revenue from the United States and also has a presence in Europe, Canada, and other regions.
73GF Score

Get the complete analysis for JOUT

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

$45.96
Price
$44.33
GF Value