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Virgin Galactic HoldingsMIL:1SPCE +0.55%37 Debt-to-Equity is 1.43 as of Mar. 2026, which is 66% above its 10-year median of 0.86. GuruFocus rates MIL:1SPCE with a GF Score™ of 37/100 and a GF Value™ of €4.43 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 313 Aerospace & Defense companies, Virgin Galactic Holdings ranks worse than 87.86% 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 Virgin Galactic Holdings's Debt-to-Equity or its related term are showing as below:
MIL:1SPCE'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.86 Max: 5.25
Current: 1.43
During the past 9 years, the highest Debt-to-Equity Ratio of Virgin Galactic Holdings was 5.25. The lowest was 0.00. And the median was 0.86.
MIL:1SPCE's Debt-to-Equity is ranked worse than 87.86% of 313
companies
in the Aerospace & Defense industry
Industry Median: 0.3
vs MIL:1SPCE: 1.43
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.
Virgin Galactic Holdings Debt-to-Equity Related Terms
Virgin Galactic Holdings Debt-to-Equity Historical Data
* 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.
MIL:1SPCE vs MRLN, BUKS, ISSC: Debt-to-Equity Comparison
For the Aerospace & Defense subindustry, Virgin Galactic 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.
Virgin Galactic Holdings Debt-to-Equity vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Virgin Galactic Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Virgin Galactic Holdings'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.
Virgin Galactic Holdings (MIL:1SPCE) has a Debt-to-Equity of 1.43 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Virgin Galactic Holdings and its competitors. This is 66% above median its historical median of 0.86. According to the industry distribution chart, Virgin Galactic Holdings ranks #275 out of 313 companies in the Aerospace & Defense industry, placing it in the top 87.9%.
Is Virgin Galactic Holdings' Debt-to-Equity too high?
Virgin Galactic Holdings' current Debt-to-Equity of 1.43 is 66% above median its 10-year median of 0.86. The Aerospace & Defense industry median Debt-to-Equity is 0.30. Virgin Galactic Holdings' value of 1.43 is 376.7% above this industry median. Based on the distribution chart, Virgin Galactic Holdings ranks #275 out of 313 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Virgin Galactic Holdings has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Virgin Galactic Holdings' Debt-to-Equity compare to MRLN and BUKS?
According to the Aerospace & Defense industry distribution chart, Virgin Galactic Holdings ranks #275 out of 313 companies for Debt-to-Equity. This places Virgin Galactic Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.30. Virgin Galactic Holdings' value of 1.43 is 376.7% above this benchmark. While the company's 10-year median is 0.86 vs. the industry median of 0.30, Virgin Galactic 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 Aerospace & Defense company?
The median Debt-to-Equity among Aerospace & Defense companies is 0.30, based on 313 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. Virgin Galactic Holdings's current Debt-to-Equity of 1.43 is 376.7% 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 Virgin Galactic Holdings and its competitors. For the Aerospace & Defense industry, the median Debt-to-Equity is 0.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Virgin Galactic Holdings's current Debt-to-Equity is 1.43, which is 66% 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 Virgin Galactic Holdings stock overvalued right now?
Based on GuruFocus' analysis, Virgin Galactic Holdings (MIL:1SPCE) is currently considered Possible Value Trap. The stock's GF Value™ is €4.43, compared to a current price of €2.19 — trading 50.5% below its estimated fair value. The current Debt-to-Equity is 1.43, which is 66% above median its 10-year median of 0.86 and 376.7% above the Aerospace & Defense industry median of 0.30. Virgin Galactic Holdings' overall GF Score™ is 37/100 with 5 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 Virgin Galactic Holdings (MIL:1SPCE), the current Debt-to-Equity is 1.43 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 Virgin Galactic Holdings (MIL:1SPCE) Overvalued in 2026?
Based on GuruFocus' analysis, Virgin Galactic Holdings stock appears to be undervalued.
The current stock price of €2.19 is trading 50.5% below its estimated GF Value™ of €4.43.
GuruFocus considers Virgin Galactic Holdings to be Possible Value Trap.
Key valuation signals for MIL:1SPCE:
Debt-to-Equity: 1.43 (66% above median its 10-year median of 0.86)
GF Value™: €4.43 vs. price of €2.19 (50.5% below fair value)
Industry Position: 376.7% above the Aerospace & Defense median (#275 of 313)
No single metric tells the full story. See the MIL:1SPCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Virgin Galactic Holdings Inc is a United States-based vertically integrated aerospace company pioneering human spaceflight for private individuals & researchers, and it also manufactures air and space vehicles. Using technologies, the company is developing a spaceflight system designed to offer its customers a multi-day and transformative experience. This culminates in a spaceflight that includes views of Earth from space and several minutes of weightlessness that will launch from Spaceport America, New Mexico.
37GF Score
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