Spectrum Brands Holdings (MEX:SPB) Debt-to-Equity: 0.38 (As of Mar. 2026) — 79% Below Median

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MEX:SPB Spectrum Brands Holdings Inc MEX:SPB
76 GF Score
Price MXN1,845.00
GF Value MXN2,369.40
! 7 Warning Signs
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What is Spectrum Brands Holdings Debt-to-Equity?

Spectrum Brands Holdings MEX:SPB 76 Debt-to-Equity is 0.38 as of Mar. 2026, which is 79% below its 10-year median of 1.82. GuruFocus rates MEX:SPB with a GF Score™ of 76/100 and a GF Value™ of MXN2,369.40. The stock has 7 warning signs investors should review. Among 1,743 Consumer Packaged Goods companies, Spectrum Brands Holdings ranks better than 52.9% on this metric.

Spectrum Brands Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was MXN593 Mil. Spectrum Brands Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was MXN12,489 Mil. Spectrum Brands Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2026 was MXN34,275 Mil. Spectrum Brands Holdings's debt to equity for the quarter that ended in Mar. 2026 was 0.38.

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

MEX:SPB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31   Med: 1.82   Max: 10.7
Current: 0.38

During the past 13 years, the highest Debt-to-Equity Ratio of Spectrum Brands Holdings was 10.70. The lowest was 0.31. And the median was 1.82.

MEX:SPB's Debt-to-Equity is ranked better than
52.9% of 1743 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs MEX:SPB: 0.38

Spectrum Brands Holdings  (MEX:SPB) 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.


Spectrum Brands Holdings Debt-to-Equity Related Terms


Spectrum Brands Holdings Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Spectrum Brands 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.

Spectrum Brands Holdings Debt-to-Equity Chart

Spectrum Brands Holdings Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.73 2.54 0.66 0.32 0.34

Spectrum Brands 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 0.38 0.40 0.34 0.37 0.38

MEX:SPB vs COTY, NWL, EPC: Debt-to-Equity Comparison

For the Household & Personal Products subindustry, Spectrum Brands 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.


Spectrum Brands Holdings Debt-to-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Spectrum Brands Holdings's Debt-to-Equity distribution charts can be found below:

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


MEX:SPB
76GF Score
Spectrum Brands Holdings Inc MEX:SPB
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Spectrum Brands Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Spectrum Brands Holdings's Debt to Equity Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Spectrum Brands 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 0.38 mean?
Spectrum Brands Holdings (MEX:SPB) has a Debt-to-Equity of 0.38 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Spectrum Brands Holdings and its competitors. This is 79% below median its historical median of 1.82. Over the past decade, Spectrum Brands Holdings' Debt-to-Equity has ranged from 0.31 to 10.70. According to the industry distribution chart, Spectrum Brands Holdings ranks #821 out of 1743 companies in the Consumer Packaged Goods industry, placing it in the top 47.1%.
Is Spectrum Brands Holdings' Debt-to-Equity too high?
Spectrum Brands Holdings' current Debt-to-Equity of 0.38 is 79% below median its 10-year median of 1.82. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 10.70. The Consumer Packaged Goods industry median Debt-to-Equity is 0.41. Spectrum Brands Holdings' value of 0.38 is 7.3% below this industry median. Based on the distribution chart, Spectrum Brands Holdings ranks #821 out of 1743 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Spectrum Brands Holdings has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Spectrum Brands Holdings' Debt-to-Equity compare to COTY and NWL?
According to the Consumer Packaged Goods industry distribution chart, Spectrum Brands Holdings ranks #821 out of 1743 companies for Debt-to-Equity. This puts Spectrum Brands Holdings in the upper half of its industry. The industry median Debt-to-Equity is 0.41. Spectrum Brands Holdings' value of 0.38 is 7.3% below this benchmark. Historically, Spectrum Brands Holdings' own Debt-to-Equity has ranged from 0.31 to 10.70 over the past decade. While the company's 10-year median is 1.82 vs. the industry median of 0.41, Spectrum Brands Holdings has consistently been below 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 Consumer Packaged Goods company?
The median Debt-to-Equity among Consumer Packaged Goods companies is 0.41, based on 1,743 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. Spectrum Brands Holdings's current Debt-to-Equity of 0.38 is 7.3% below 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 Spectrum Brands Holdings and its competitors. For the Consumer Packaged Goods industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spectrum Brands Holdings's current Debt-to-Equity is 0.38, which is 79% below median its own 10-year median of 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectrum Brands Holdings stock overvalued right now?
Spectrum Brands Holdings (MEX:SPB) has a current Debt-to-Equity of 0.38. The stock's GF Value™ is MXN2,369.40, compared to a current price of MXN1,845.00 — trading 22.1% below its estimated fair value. The current Debt-to-Equity is 0.38, which is 79% below median its 10-year median of 1.82 and 7.3% below the Consumer Packaged Goods industry median of 0.41. Spectrum Brands Holdings' overall GF Score™ is 76/100 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 Spectrum Brands Holdings (MEX:SPB), the current Debt-to-Equity is 0.38 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 Spectrum Brands Holdings (MEX:SPB) Overvalued in 2026?

Based on GuruFocus' analysis, Spectrum Brands Holdings stock appears to be undervalued. The current stock price of MXN1,845.00 is trading 22.1% below its estimated GF Value™ of MXN2,369.40.

Key valuation signals for MEX:SPB:

  • Debt-to-Equity: 0.38 (79% below median its 10-year median of 1.82)
  • GF Value™: MXN2,369.40 vs. price of MXN1,845.00 (22.1% below fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 7.3% below the Consumer Packaged Goods median (#821 of 1743)

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


Spectrum Brands Holdings Business Description

Other Exchanges SPB:USAH221:Germany
Address 3001 Deming Way, Middleton, WI, USA, 53562
Spectrum Brands Holdings Inc is consumer products and home essentials company. The company is a supplier of consumer batteries, residential locksets, residential builders' hardware, grooming products and personal care products. The company manages the businesses in product-focused segments; Home and Personal Care, global Pet Care, and Home and Garden. The Company manufactures, markets and distributes its products globally in the North America, Europe, Middle East & Africa, Latin America, and Asia-Pacific.
76GF Score

Get the complete analysis for MEX:SPB

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

MXN1,845.00
Price
MXN2,369.40
GF Value