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.
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.
Open LendingLPRO +0.16%70 Debt-to-Equity is 1.73 as of Mar. 2026, which is 111% above its 10-year median of 0.82. GuruFocus rates LPRO with a GF Score™ of 70/100 and a GF Value™ of $5.79 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 455 Credit Services companies, Open Lending ranks worse than 57.58% 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 Open Lending's Debt-to-Equity or its related term are showing as below:
LPRO'
s Debt-to-Equity Range Over the Past 10 Years
Min: -0.34 Med: 0.82 Max: 6.12
Current: 1.73
During the past 8 years, the highest Debt-to-Equity Ratio of Open Lending was 6.12. The lowest was -0.34. And the median was 0.82.
LPRO's Debt-to-Equity is ranked worse than 57.58% of 455
companies
in the Credit Services industry
Industry Median: 1.23
vs LPRO: 1.73
Open Lending (NAS:LPRO) Debt-to-Equity Explanation
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.
Open Lending Debt-to-Equity Related Terms
Open Lending Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Open Lending'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 Credit Services subindustry, Open Lending'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.
Open Lending Debt-to-Equity vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Open Lending's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Open Lending'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.
Open Lending (LPRO) has a Debt-to-Equity of 1.73 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Open Lending and its competitors. This is 111% above median its historical median of 0.82. According to the industry distribution chart, Open Lending ranks #262 out of 455 companies in the Credit Services industry, placing it in the top 57.6%.
Is Open Lending's Debt-to-Equity too high?
Open Lending's current Debt-to-Equity of 1.73 is 111% above median its 10-year median of 0.82. The Credit Services industry median Debt-to-Equity is 1.23. Open Lending's value of 1.73 is 40.7% above this industry median. Based on the distribution chart, Open Lending ranks #262 out of 455 companies in the Credit Services industry, which is below the industry midpoint. Overall, Open Lending has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Open Lending's Debt-to-Equity compare to RM and HTT?
According to the Credit Services industry distribution chart, Open Lending ranks #262 out of 455 companies for Debt-to-Equity. This places Open Lending in the lower half of its industry. The industry median Debt-to-Equity is 1.23. Open Lending's value of 1.73 is 40.7% above this benchmark. While the company's 10-year median is 0.82 vs. the industry median of 1.23, Open Lending 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 Credit Services company?
The median Debt-to-Equity among Credit Services companies is 1.23, based on 455 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. Open Lending's current Debt-to-Equity of 1.73 is 40.7% 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 Open Lending and its competitors. For the Credit Services industry, the median Debt-to-Equity is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Open Lending's current Debt-to-Equity is 1.73, which is 111% above median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Open Lending stock overvalued right now?
Based on GuruFocus' analysis, Open Lending (LPRO) is currently considered Possible Value Trap. The stock's GF Value™ is $5.79, compared to a current price of $3.14 — trading 45.8% below its estimated fair value. The current Debt-to-Equity is 1.73, which is 111% above median its 10-year median of 0.82 and 40.7% above the Credit Services industry median of 1.23. Open Lending's overall GF Score™ is 70/100 with 6 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 Open Lending (LPRO), the current Debt-to-Equity is 1.73 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 Open Lending (LPRO) Overvalued in 2026?
Based on GuruFocus' analysis, Open Lending stock appears to be undervalued.
The current stock price of $3.14 is trading 45.8% below its estimated GF Value™ of $5.79.
GuruFocus considers Open Lending to be Possible Value Trap.
Key valuation signals for LPRO:
Debt-to-Equity: 1.73 (111% above median its 10-year median of 0.82)
GF Value™: $5.79 vs. price of $3.14 (45.8% below fair value)
Industry Position: 40.7% above the Credit Services median (#262 of 455)
No single metric tells the full story. See the LPRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Open Lending Corp is a provider of lending enablement and risk analytics to credit unions, regional banks, finance companies and the captive finance companies of automakers (OEM captive finance companies). Through its flagship product, LPP, its customers, collectively referred to herein as automotive lenders or lenders, make automotive consumer loans to underserved near-prime and non-prime borrowers by harnessing its risk-based interest rate pricing models, powered by its proprietary data and real-time underwriting of automotive loan default insurance coverage from insurers.
70GF Score
Get the complete analysis for LPRO
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LPRO has been successfully added to your 
