Par Pacific Holdings (MEX:PARR) Debt-to-Equity: 0.89 (As of Mar. 2026) — 29% Below Median

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Director of Data and Quant Analytics at GuruFocus
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MEX:PARR Par Pacific Holdings Inc MEX:PARR
59 GF Score
Price MXN1,485.00
GF Value MXN644.21
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Par Pacific Holdings Debt-to-Equity?

Par Pacific Holdings MEX:PARR +32.20% 59 Debt-to-Equity is 0.89 as of Mar. 2026, which is 29% below its 10-year median of 1.26. GuruFocus rates MEX:PARR with a GF Score™ of 59/100 and a GF Value™ of MXN644.21 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 798 Oil & Gas companies, Par Pacific Holdings ranks worse than 69.67% on this metric.

Par Pacific Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was MXN1,895 Mil. Par Pacific Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was MXN22,530 Mil. Par Pacific Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2026 was MXN27,334 Mil. Par Pacific Holdings's debt to equity for the quarter that ended in Mar. 2026 was 0.89.

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 Par Pacific Holdings's Debt-to-Equity or its related term are showing as below:

MEX:PARR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.75   Med: 1.26   Max: 7.79
Current: 0.89

During the past 13 years, the highest Debt-to-Equity Ratio of Par Pacific Holdings was 7.79. The lowest was 0.75. And the median was 1.26.

MEX:PARR's Debt-to-Equity is ranked worse than
69.67% of 798 companies
in the Oil & Gas industry
Industry Median: 0.46 vs MEX:PARR: 0.89

Par Pacific Holdings  (MEX:PARR) 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.


Par Pacific Holdings Debt-to-Equity Related Terms


Par Pacific Holdings Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Par Pacific Holdings'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.

Par Pacific Holdings Debt-to-Equity Chart

Par Pacific Holdings 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 3.62 1.35 0.76 1.32 0.81

Par Pacific Holdings 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 1.47 1.37 1.01 0.81 0.89

MEX:PARR vs DK, CVI, DKL: Debt-to-Equity Comparison

For the Oil & Gas Refining & Marketing subindustry, Par Pacific Holdings'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.


Par Pacific Holdings Debt-to-Equity vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Par Pacific Holdings's Debt-to-Equity distribution charts can be found below:

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


MEX:PARR
59GF Score
Par Pacific Holdings Inc MEX:PARR
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Par Pacific Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Par Pacific Holdings'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 0.89 mean?
Par Pacific Holdings (MEX:PARR) has a Debt-to-Equity of 0.89 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Par Pacific Holdings and its competitors. This is 29% below median its historical median of 1.26. Over the past decade, Par Pacific Holdings' Debt-to-Equity has ranged from 0.75 to 7.79. According to the industry distribution chart, Par Pacific Holdings ranks #556 out of 798 companies in the Oil & Gas industry, placing it in the top 69.7%.
Is Par Pacific Holdings' Debt-to-Equity too high?
Par Pacific Holdings' current Debt-to-Equity of 0.89 is 29% below median its 10-year median of 1.26. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 7.79. The Oil & Gas industry median Debt-to-Equity is 0.46. Par Pacific Holdings' value of 0.89 is 93.5% above this industry median. Based on the distribution chart, Par Pacific Holdings ranks #556 out of 798 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Par Pacific Holdings has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Par Pacific Holdings' Debt-to-Equity compare to DK and CVI?
According to the Oil & Gas industry distribution chart, Par Pacific Holdings ranks #556 out of 798 companies for Debt-to-Equity. This places Par Pacific Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.46. Par Pacific Holdings' value of 0.89 is 93.5% above this benchmark. Historically, Par Pacific Holdings' own Debt-to-Equity has ranged from 0.75 to 7.79 over the past decade. While the company's 10-year median is 1.26 vs. the industry median of 0.46, Par Pacific Holdings 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 Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.46, based on 798 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. Par Pacific Holdings's current Debt-to-Equity of 0.89 is 93.5% 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 Par Pacific Holdings and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Par Pacific Holdings's current Debt-to-Equity is 0.89, which is 29% below median its own 10-year median of 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Par Pacific Holdings stock overvalued right now?
Based on GuruFocus' analysis, Par Pacific Holdings (MEX:PARR) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN644.21, compared to a current price of MXN1,485.00 — trading 130.5% above its estimated fair value. The current Debt-to-Equity is 0.89, which is 29% below median its 10-year median of 1.26 and 93.5% above the Oil & Gas industry median of 0.46. Par Pacific Holdings' overall GF Score™ is 59/100 with 7 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 Par Pacific Holdings (MEX:PARR), the current Debt-to-Equity is 0.89 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 Par Pacific Holdings (MEX:PARR) Overvalued in 2026?

Based on GuruFocus' analysis, Par Pacific Holdings stock appears to be overvalued. The current stock price of MXN1,485.00 is trading 130.5% above its estimated GF Value™ of MXN644.21. GuruFocus considers Par Pacific Holdings to be Significantly Overvalued.

Key valuation signals for MEX:PARR:

  • Debt-to-Equity: 0.89 (29% below median its 10-year median of 1.26)
  • GF Value™: MXN644.21 vs. price of MXN1,485.00 (130.5% above fair value)
  • GF Score™: 59/100 with 7 warning signs
  • Industry Position: 93.5% above the Oil & Gas median (#556 of 798)

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


Par Pacific Holdings Business Description

Industry EnergyOil & Gas
Other Exchanges PARR:USA61P:Germany
Address 825 Town & Country Lane, Suite 1500, Houston, TX, USA, 77024
Par Pacific Holdings Inc is an oil and gas company that manages and maintains interests in energy and infrastructure businesses. The company has three reportable segments: Refining. Under its refining business, the company produces ultra-low-sulfur diesel, gasoline, jet fuel, marine fuel, LSFO, and other associated refined products. Its Retail includes operating licenses out brands to serve the retail consumer. Through the Logistics segment, crude shipments are delivered to the refineries, in addition to finished products that are exported. It generates maximum revenue from the Refining segment.
59GF Score

Get the complete analysis for MEX:PARR

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

MXN1,485.00
Price
MXN644.21
GF Value