MANU (Manchester United) Debt-to-Equity: 4.21 (As of Mar. 2026) — 142% Above Median

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MANU Manchester United PLC MANU
71 GF Score
Price $22.10
GF Value $17.97
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Manchester United Debt-to-Equity?

Manchester United MANU -1.87% 71 Debt-to-Equity is 4.21 as of Mar. 2026, which is 142% above its 10-year median of 1.74. GuruFocus rates MANU with a GF Score™ of 71/100 and a GF Value™ of $17.97 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 828 Media - Diversified companies, Manchester United ranks worse than 94.57% on this metric.

Manchester United's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $350.6 Mil. Manchester United's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $657.3 Mil. Manchester United's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $239.2 Mil. Manchester United's debt to equity for the quarter that ended in Mar. 2026 was 4.21.

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 Manchester United's Debt-to-Equity or its related term are showing as below:

MANU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.98   Med: 1.74   Max: 10.31
Current: 4.21

During the past 13 years, the highest Debt-to-Equity Ratio of Manchester United was 10.31. The lowest was 0.98. And the median was 1.74.

MANU's Debt-to-Equity is ranked worse than
94.57% of 828 companies
in the Media - Diversified industry
Industry Median: 0.25 vs MANU: 4.21

Manchester United  (NYSE:MANU) 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.


Manchester United Debt-to-Equity Related Terms


Manchester United Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Manchester United'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.

Manchester United Debt-to-Equity Chart

Manchester United Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.96 5.02 5.99 3.83 3.33

Manchester United 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 3.66 3.33 4.07 4.09 4.21

MANU vs LION, CNK, MSGE: Debt-to-Equity Comparison

For the Entertainment subindustry, Manchester United'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.


Manchester United Debt-to-Equity vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Manchester United's Debt-to-Equity distribution charts can be found below:

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


MANU
71GF Score
Manchester United PLC MANU
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Manchester United Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Manchester United's Debt to Equity Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Manchester United'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 4.21 mean?
Manchester United (MANU) has a Debt-to-Equity of 4.21 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Manchester United and its competitors. This is 142% above median its historical median of 1.74. Over the past decade, Manchester United's Debt-to-Equity has ranged from 0.98 to 10.31. According to the industry distribution chart, Manchester United ranks #783 out of 828 companies in the Media - Diversified industry, placing it in the top 94.6%.
Is Manchester United's Debt-to-Equity too high?
Manchester United's current Debt-to-Equity of 4.21 is 142% above median its 10-year median of 1.74. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 10.31. The Media - Diversified industry median Debt-to-Equity is 0.25. Manchester United's value of 4.21 is 1584% above this industry median. Based on the distribution chart, Manchester United ranks #783 out of 828 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Manchester United has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Manchester United's Debt-to-Equity compare to LION and CNK?
According to the Media - Diversified industry distribution chart, Manchester United ranks #783 out of 828 companies for Debt-to-Equity. This places Manchester United in the lower half of its industry. The industry median Debt-to-Equity is 0.25. Manchester United's value of 4.21 is 1584% above this benchmark. Historically, Manchester United's own Debt-to-Equity has ranged from 0.98 to 10.31 over the past decade. While the company's 10-year median is 1.74 vs. the industry median of 0.25, Manchester United 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 Media - Diversified company?
The median Debt-to-Equity among Media - Diversified companies is 0.25, based on 828 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. Manchester United's current Debt-to-Equity of 4.21 is 1584% 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 Manchester United and its competitors. For the Media - Diversified industry, the median Debt-to-Equity is 0.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manchester United's current Debt-to-Equity is 4.21, which is 142% above median its own 10-year median of 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manchester United stock overvalued right now?
Based on GuruFocus' analysis, Manchester United (MANU) is currently considered Modestly Overvalued. The stock's GF Value™ is $17.97, compared to a current price of $22.10 — trading 23% above its estimated fair value. The current Debt-to-Equity is 4.21, which is 142% above median its 10-year median of 1.74 and 1584% above the Media - Diversified industry median of 0.25. Manchester United's overall GF Score™ is 71/100 with 10 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 Manchester United (MANU), the current Debt-to-Equity is 4.21 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 Manchester United (MANU) Overvalued in 2026?

Based on GuruFocus' analysis, Manchester United stock appears to be overvalued. The current stock price of $22.10 is trading 23% above its estimated GF Value™ of $17.97. GuruFocus considers Manchester United to be Modestly Overvalued.

Key valuation signals for MANU:

  • Debt-to-Equity: 4.21 (142% above median its 10-year median of 1.74)
  • GF Value™: $17.97 vs. price of $22.10 (23% above fair value)
  • GF Score™: 71/100 with 10 warning signs
  • Industry Position: 1584% above the Media - Diversified median (#783 of 828)

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


Manchester United Business Description

Other Exchanges 0Z1Q:UKMUF:Germany
Address Sir Matt Busby Way, Old Trafford, Manchester, GBR, M16 0RA
Manchester United PLC operates as a professional football club with related activities, generating revenue prominently through commercial, broadcasting, and matchday segments. The commercial segment monetizes the various brands via sponsorships, retail, merchandising, apparel, and product licensing. Broadcasting revenue comes from television rights linked to football leagues and competitions, alongside content delivered through its dedicated TV channel all over the globe. Matchday income includes ticket sales, hospitality, merchandise, and services at its stadium. Manchester United is based in England. The company's operations and fan base extends to many countries, supporting a diversified revenue model based on brand engagement and football-related content.
71GF Score

Get the complete analysis for MANU

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

$22.10
Price
$17.97
GF Value