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Krispy KremeMEX:DNUT -1.06%42 Debt-to-Equity is 2.02 as of Mar. 2026, which is 70% above its 10-year median of 1.19. GuruFocus rates MEX:DNUT with a GF Score™ of 42/100 and a GF Value™ of MXN150.62 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 279 Retail - Defensive companies, Krispy Kreme ranks worse than 84.59% 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 Krispy Kreme's Debt-to-Equity or its related term are showing as below:
MEX:DNUT'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.94 Med: 1.19 Max: 2.38
Current: 2.02
During the past 8 years, the highest Debt-to-Equity Ratio of Krispy Kreme was 2.38. The lowest was 0.94. And the median was 1.19.
MEX:DNUT's Debt-to-Equity is ranked worse than 84.59% of 279
companies
in the Retail - Defensive industry
Industry Median: 0.55
vs MEX:DNUT: 2.02
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.
Krispy Kreme Debt-to-Equity Related Terms
Krispy Kreme Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Krispy Kreme'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.
MEX:DNUT vs YSWY, VLGEA, NGVC: Debt-to-Equity Comparison
For the Grocery Stores subindustry, Krispy Kreme'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.
Krispy Kreme Debt-to-Equity vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Krispy Kreme's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Krispy Kreme'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.
Krispy Kreme (MEX:DNUT) has a Debt-to-Equity of 2.02 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Krispy Kreme and its competitors. This is 70% above median its historical median of 1.19. Over the past decade, Krispy Kreme's Debt-to-Equity has ranged from 0.94 to 2.38. According to the industry distribution chart, Krispy Kreme ranks #236 out of 279 companies in the Retail - Defensive industry, placing it in the top 84.6%.
Is Krispy Kreme's Debt-to-Equity too high?
Krispy Kreme's current Debt-to-Equity of 2.02 is 70% above median its 10-year median of 1.19. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 2.38. The Retail - Defensive industry median Debt-to-Equity is 0.55. Krispy Kreme's value of 2.02 is 267.3% above this industry median. Based on the distribution chart, Krispy Kreme ranks #236 out of 279 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Krispy Kreme has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Krispy Kreme's Debt-to-Equity compare to YSWY and VLGEA?
According to the Retail - Defensive industry distribution chart, Krispy Kreme ranks #236 out of 279 companies for Debt-to-Equity. This places Krispy Kreme in the lower half of its industry. The industry median Debt-to-Equity is 0.55. Krispy Kreme's value of 2.02 is 267.3% above this benchmark. Historically, Krispy Kreme's own Debt-to-Equity has ranged from 0.94 to 2.38 over the past decade. While the company's 10-year median is 1.19 vs. the industry median of 0.55, Krispy Kreme 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 279 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. Krispy Kreme's current Debt-to-Equity of 2.02 is 267.3% 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 Krispy Kreme 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. Krispy Kreme's current Debt-to-Equity is 2.02, which is 70% above median its own 10-year median of 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Krispy Kreme stock overvalued right now?
Based on GuruFocus' analysis, Krispy Kreme (MEX:DNUT) is currently considered Possible Value Trap. The stock's GF Value™ is MXN150.62, compared to a current price of MXN55.30 — trading 63.3% below its estimated fair value. The current Debt-to-Equity is 2.02, which is 70% above median its 10-year median of 1.19 and 267.3% above the Retail - Defensive industry median of 0.55. Krispy Kreme's overall GF Score™ is 42/100 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 Krispy Kreme (MEX:DNUT), the current Debt-to-Equity is 2.02 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 Krispy Kreme (MEX:DNUT) Overvalued in 2026?
Based on GuruFocus' analysis, Krispy Kreme stock appears to be undervalued.
The current stock price of MXN55.30 is trading 63.3% below its estimated GF Value™ of MXN150.62.
GuruFocus considers Krispy Kreme to be Possible Value Trap.
Key valuation signals for MEX:DNUT:
Debt-to-Equity: 2.02 (70% above median its 10-year median of 1.19)
GF Value™: MXN150.62 vs. price of MXN55.30 (63.3% below fair value)
Industry Position: 267.3% above the Retail - Defensive median (#236 of 279)
No single metric tells the full story. See the MEX:DNUT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Krispy Kreme Inc is a sweet-treat brand company. The company's Original Glazed doughnut is recognized for its hot-off-the-line, melt-in-mouth experience. It operates through its network of fresh Doughnut Shops, partnerships with retailers, and a growing e-commerce and delivery business. The company conducts its business through the following three reported segments: U.S., which includes all operations in the United States; International, which includes operations in the U.K., Ireland, Australia, New Zealand, Canada, Japan, and Mexico; and Market Development, which includes franchise operations world-wide. It derives maximum revenue from the U.S. segment.
42GF Score
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