Legrand (MEX:LR) Debt-to-Equity: 0.85 (As of Mar. 2026) — 10% 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:LR Legrand SA MEX:LR
84 GF Score
Price MXN3,065.30
GF Value MXN1,921.47
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Legrand Debt-to-Equity?

Legrand MEX:LR 84 Debt-to-Equity is 0.85 as of Mar. 2026, which is 10% above its 10-year median of 0.77. GuruFocus rates MEX:LR with a GF Score™ of 84/100 and a GF Value™ of MXN1,921.47 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,680 Industrial Products companies, Legrand ranks worse than 82.87% on this metric.

Legrand's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was MXN6,356 Mil. Legrand's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was MXN131,455 Mil. Legrand's Total Stockholders Equity for the quarter that ended in Mar. 2026 was MXN161,279 Mil. Legrand's debt to equity for the quarter that ended in Mar. 2026 was 0.85.

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

MEX:LR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38   Med: 0.77   Max: 1.19
Current: 0.85

During the past 13 years, the highest Debt-to-Equity Ratio of Legrand was 1.19. The lowest was 0.38. And the median was 0.77.

MEX:LR's Debt-to-Equity is ranked worse than
82.87% of 2680 companies
in the Industrial Products industry
Industry Median: 0.28 vs MEX:LR: 0.85

Legrand  (MEX:LR) 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.


Legrand Debt-to-Equity Related Terms


Legrand Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Legrand'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.

Legrand Debt-to-Equity Chart

Legrand Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.70 0.72 0.68 0.91

Legrand 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 0.70 0.86 0.85 0.91 0.85

MEX:LR vs VRT, BE, HUBB: Debt-to-Equity Comparison

For the Electrical Equipment & Parts subindustry, Legrand'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.


Legrand Debt-to-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Legrand's Debt-to-Equity distribution charts can be found below:

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


MEX:LR
84GF Score
Legrand SA MEX:LR
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Legrand Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Legrand's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Legrand'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 0.85 mean?
Legrand (MEX:LR) has a Debt-to-Equity of 0.85 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Legrand and its competitors. This is 10% above median its historical median of 0.77. Over the past decade, Legrand's Debt-to-Equity has ranged from 0.38 to 1.19. According to the industry distribution chart, Legrand ranks #2221 out of 2680 companies in the Industrial Products industry, placing it in the top 82.9%.
Is Legrand's Debt-to-Equity too high?
Legrand's current Debt-to-Equity of 0.85 is 10% above median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 1.19. The Industrial Products industry median Debt-to-Equity is 0.28. Legrand's value of 0.85 is 203.6% above this industry median. Based on the distribution chart, Legrand ranks #2221 out of 2680 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Legrand has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Legrand's Debt-to-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Legrand ranks #2221 out of 2680 companies for Debt-to-Equity. This places Legrand in the lower half of its industry. The industry median Debt-to-Equity is 0.28. Legrand's value of 0.85 is 203.6% above this benchmark. Historically, Legrand's own Debt-to-Equity has ranged from 0.38 to 1.19 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 0.28, Legrand 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 an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,680 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. Legrand's current Debt-to-Equity of 0.85 is 203.6% 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 Legrand and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Legrand's current Debt-to-Equity is 0.85, which is 10% above median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legrand stock overvalued right now?
Based on GuruFocus' analysis, Legrand (MEX:LR) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN1,921.47, compared to a current price of MXN3,065.30 — trading 59.5% above its estimated fair value. The current Debt-to-Equity is 0.85, which is 10% above median its 10-year median of 0.77 and 203.6% above the Industrial Products industry median of 0.28. Legrand's overall GF Score™ is 84/100 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 Legrand (MEX:LR), the current Debt-to-Equity is 0.85 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 Legrand (MEX:LR) Overvalued in 2026?

Based on GuruFocus' analysis, Legrand stock appears to be overvalued. The current stock price of MXN3,065.30 is trading 59.5% above its estimated GF Value™ of MXN1,921.47. GuruFocus considers Legrand to be Significantly Overvalued.

Key valuation signals for MEX:LR:

  • Debt-to-Equity: 0.85 (10% above median its 10-year median of 0.77)
  • GF Value™: MXN1,921.47 vs. price of MXN3,065.30 (59.5% above fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 203.6% above the Industrial Products median (#2221 of 2680)

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


Legrand Business Description

Address 128, Avenue de Lattre de Tassigny, Cedex, Limoges, FRA, 87045
Legrand is a global manufacturer of low-voltage electrical components, which are mostly used in residential (40%) and commercial (40%) buildings, as well as data centers. Its products include wiring devices, cable management, lighting, and audio visual equipment, sold under approximately 80 brands across 180 countries. Its products are sold primarily through specialist distributors that subsequently sell to installers/electricians. Legrand is a major supplier to global electrical equipment distributors. North America and Europe each account for 40% of group sales.
84GF Score

Get the complete analysis for MEX:LR

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

MXN3,065.30
Price
MXN1,921.47
GF Value