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Fincantieri SpAMIL:FCT +1.06%39 Debt-to-Equity is 2.33 as of Dec. 2025, which is 8% below its 10-year median of 2.54. GuruFocus rates MIL:FCT with a GF Score™ of 39/100. The stock has 3 warning signs investors should review. Among 313 Aerospace & Defense companies, Fincantieri SpA ranks worse than 92.65% 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 Fincantieri SpA's Debt-to-Equity or its related term are showing as below:
MIL:FCT'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.06 Med: 2.54 Max: 6.73
Current: 2.33
During the past 13 years, the highest Debt-to-Equity Ratio of Fincantieri SpA was 6.73. The lowest was 1.06. And the median was 2.54.
MIL:FCT's Debt-to-Equity is ranked worse than 92.65% of 313
companies
in the Aerospace & Defense industry
Industry Median: 0.31
vs MIL:FCT: 2.33
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.
Fincantieri SpA Debt-to-Equity Related Terms
Fincantieri SpA Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Fincantieri SpA'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.
MIL:FCT vs SPCX, GE, RTX: Debt-to-Equity Comparison
For the Aerospace & Defense subindustry, Fincantieri SpA'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.
Fincantieri SpA Debt-to-Equity vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Fincantieri SpA's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Fincantieri SpA'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.
Fincantieri SpA (MIL:FCT) has a Debt-to-Equity of 2.33 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Fincantieri SpA and its competitors. This is near median its historical median of 2.54. Over the past decade, Fincantieri SpA's Debt-to-Equity has ranged from 1.06 to 6.73. According to the industry distribution chart, Fincantieri SpA ranks #290 out of 313 companies in the Aerospace & Defense industry, placing it in the top 92.7%.
Is Fincantieri SpA's Debt-to-Equity too high?
Fincantieri SpA's current Debt-to-Equity of 2.33 is near median its 10-year median of 2.54. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 6.73. The Aerospace & Defense industry median Debt-to-Equity is 0.31. Fincantieri SpA's value of 2.33 is 651.6% above this industry median. Based on the distribution chart, Fincantieri SpA ranks #290 out of 313 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Fincantieri SpA has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Fincantieri SpA's Debt-to-Equity compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Fincantieri SpA ranks #290 out of 313 companies for Debt-to-Equity. This places Fincantieri SpA in the lower half of its industry. The industry median Debt-to-Equity is 0.31. Fincantieri SpA's value of 2.33 is 651.6% above this benchmark. Historically, Fincantieri SpA's own Debt-to-Equity has ranged from 1.06 to 6.73 over the past decade. While the company's 10-year median is 2.54 vs. the industry median of 0.31, Fincantieri SpA 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 0.31, 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. Fincantieri SpA's current Debt-to-Equity of 2.33 is 651.6% 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 Fincantieri SpA and its competitors. For the Aerospace & Defense industry, the median Debt-to-Equity is 0.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fincantieri SpA's current Debt-to-Equity is 2.33, which is near median its own 10-year median of 2.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fincantieri SpA stock overvalued right now?
Fincantieri SpA (MIL:FCT) has a current Debt-to-Equity of 2.33. The current Debt-to-Equity is 2.33, which is near median its 10-year median of 2.54 and 651.6% above the Aerospace & Defense industry median of 0.31. Fincantieri SpA's overall GF Score™ is 39/100 with 3 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 Fincantieri SpA (MIL:FCT), the current Debt-to-Equity is 2.33 as of Dec. 2025. 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.
Fincantieri is one of the world's largest shipbuilding groups, operating across the defense, commercial, and specialized maritime sectors. The company designs and builds a wide range of vessels, including cruise ships, naval combatants, submarines, and offshore and specialized ships. It also provides lifecycle support and system integration services. Fincantieri is organized into four main divisions—shipbuilding; equipment, systems, and infrastructure; offshore and specialized vessels; and underwater systems—covering the full spectrum of defense and commercial shipbuilding.
39GF Score
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