Eagle Materials (MEX:EXP) Debt-to-Equity: 1.22 (As of Mar. 2026) — 42% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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.

MEX:EXP Eagle Materials Inc MEX:EXP
69 GF Score
Price MXN3,880.41
GF Value MXN4,559.61
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Eagle Materials Debt-to-Equity?

Eagle Materials MEX:EXP 69 Debt-to-Equity is 1.22 as of Mar. 2026, which is 42% above its 10-year median of 0.86. GuruFocus rates MEX:EXP with a GF Score™ of 69/100 and a GF Value™ of MXN4,559.61 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 366 Building Materials companies, Eagle Materials ranks worse than 89.34% on this metric.

Eagle Materials's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was MXN345 Mil. Eagle Materials's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was MXN32,056 Mil. Eagle Materials's Total Stockholders Equity for the quarter that ended in Mar. 2026 was MXN26,595 Mil. Eagle Materials's debt to equity for the quarter that ended in Mar. 2026 was 1.22.

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 Eagle Materials's Debt-to-Equity or its related term are showing as below:

MEX:EXP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.44   Med: 0.86   Max: 1.67
Current: 1.22

During the past 13 years, the highest Debt-to-Equity Ratio of Eagle Materials was 1.67. The lowest was 0.44. And the median was 0.86.

MEX:EXP's Debt-to-Equity is ranked worse than
89.34% of 366 companies
in the Building Materials industry
Industry Median: 0.355 vs MEX:EXP: 1.22

Eagle Materials  (MEX:EXP) 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.


Eagle Materials Debt-to-Equity Related Terms


Eagle Materials Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Eagle Materials'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.

Eagle Materials Debt-to-Equity Chart

Eagle Materials Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.95 0.86 0.88 1.22

Eagle Materials 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 0.88 0.91 0.86 1.21 1.22

MEX:EXP vs KNF, TTAM, USLM: Debt-to-Equity Comparison

For the Building Materials subindustry, Eagle Materials'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.


Eagle Materials Debt-to-Equity vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Eagle Materials's Debt-to-Equity distribution charts can be found below:

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


MEX:EXP
69GF Score
Eagle Materials Inc MEX:EXP
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Eagle Materials Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Eagle Materials's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Eagle Materials'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 1.22 mean?
Eagle Materials (MEX:EXP) has a Debt-to-Equity of 1.22 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Eagle Materials and its competitors. This is 42% above median its historical median of 0.86. Over the past decade, Eagle Materials' Debt-to-Equity has ranged from 0.44 to 1.67. According to the industry distribution chart, Eagle Materials ranks #327 out of 366 companies in the Building Materials industry, placing it in the top 89.3%.
Is Eagle Materials' Debt-to-Equity too high?
Eagle Materials' current Debt-to-Equity of 1.22 is 42% above median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 1.67. The Building Materials industry median Debt-to-Equity is 0.36. Eagle Materials' value of 1.22 is 243.7% above this industry median. Based on the distribution chart, Eagle Materials ranks #327 out of 366 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Eagle Materials has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eagle Materials' Debt-to-Equity compare to KNF and TTAM?
According to the Building Materials industry distribution chart, Eagle Materials ranks #327 out of 366 companies for Debt-to-Equity. This places Eagle Materials in the lower half of its industry. The industry median Debt-to-Equity is 0.36. Eagle Materials' value of 1.22 is 243.7% above this benchmark. Historically, Eagle Materials' own Debt-to-Equity has ranged from 0.44 to 1.67 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 0.36, Eagle Materials 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 Building Materials company?
The median Debt-to-Equity among Building Materials companies is 0.36, based on 366 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. Eagle Materials's current Debt-to-Equity of 1.22 is 243.7% 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 Eagle Materials and its competitors. For the Building Materials industry, the median Debt-to-Equity is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eagle Materials's current Debt-to-Equity is 1.22, which is 42% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eagle Materials stock overvalued right now?
Based on GuruFocus' analysis, Eagle Materials (MEX:EXP) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN4,559.61, compared to a current price of MXN3,880.41 — trading 14.9% below its estimated fair value. The current Debt-to-Equity is 1.22, which is 42% above median its 10-year median of 0.86 and 243.7% above the Building Materials industry median of 0.36. Eagle Materials' overall GF Score™ is 69/100 with 1 warning sign 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 Eagle Materials (MEX:EXP), the current Debt-to-Equity is 1.22 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 Eagle Materials (MEX:EXP) Overvalued in 2026?

Based on GuruFocus' analysis, Eagle Materials stock appears to be undervalued. The current stock price of MXN3,880.41 is trading 14.9% below its estimated GF Value™ of MXN4,559.61. GuruFocus considers Eagle Materials to be Modestly Undervalued.

Key valuation signals for MEX:EXP:

  • Debt-to-Equity: 1.22 (42% above median its 10-year median of 0.86)
  • GF Value™: MXN4,559.61 vs. price of MXN3,880.41 (14.9% below fair value)
  • GF Score™: 69/100 with 1 warning sign
  • Industry Position: 243.7% above the Building Materials median (#327 of 366)

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


Eagle Materials Business Description

Address 5960 Berkshire Lane, Suite 900, Dallas, TX, USA, 75225
Eagle Materials Inc is engaged in the manufacture of heavy construction products and light building materials. Its primary products, Cement and Gypsum Wallboard, are essential for building, expanding, and repairing roads, highways, and residential, commercial, and industrial structures across America. The business is organized into two sectors: Heavy Materials, which includes the Cement and Concrete and Aggregates segments, and Light Materials, which includes the Gypsum Wallboard and Recycled Paperboard segments. The primary end market for the Cement and Concrete and Aggregates segments is infrastructure, while the primary end market for the Gypsum Wallboard and Recycled Paperboard segments is residential construction.
69GF Score

Get the complete analysis for MEX:EXP

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

MXN3,880.41
Price
MXN4,559.61
GF Value