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NetgearNTGR +1.17%69 Debt-to-Equity is 0.10 as of Jun. 2026, which is 43% above its 10-year median of 0.07. GuruFocus rates NTGR with a GF Score™ of 69/100 and a GF Value™ of $23.37 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,229 Hardware companies, Netgear ranks better than 72.27% 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 Netgear's Debt-to-Equity or its related term are showing as below:
NTGR'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.07 Max: 0.1
Current: 0.1
During the past 13 years, the highest Debt-to-Equity Ratio of Netgear was 0.10. The lowest was 0.04. And the median was 0.07.
NTGR's Debt-to-Equity is ranked better than 72.27% of 2229
companies
in the Hardware industry
Industry Median: 0.28
vs NTGR: 0.10
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.
Netgear Debt-to-Equity Related Terms
Netgear Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Netgear'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.
NTGR vs FEIM, ADTN, GILT: Debt-to-Equity Comparison
For the Communication Equipment subindustry, Netgear'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.
Netgear Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Netgear's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Netgear'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.
Netgear (NTGR) has a Debt-to-Equity of 0.10 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Netgear and its competitors. This is 43% above median its historical median of 0.07. Over the past decade, Netgear's Debt-to-Equity has ranged from 0.04 to 0.10. According to the industry distribution chart, Netgear ranks #618 out of 2229 companies in the Hardware industry, placing it in the top 27.7%.
Is Netgear's Debt-to-Equity too high?
Netgear's current Debt-to-Equity of 0.10 is 43% above median its 10-year median of 0.07. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.10. The Hardware industry median Debt-to-Equity is 0.28. Netgear's value of 0.10 is 64.3% below this industry median. Based on the distribution chart, Netgear ranks #618 out of 2229 companies in the Hardware industry, which is above the industry midpoint. Overall, Netgear has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Netgear's Debt-to-Equity compare to FEIM and ADTN?
According to the Hardware industry distribution chart, Netgear ranks #618 out of 2229 companies for Debt-to-Equity. This puts Netgear in the upper half of its industry. The industry median Debt-to-Equity is 0.28. Netgear's value of 0.10 is 64.3% below this benchmark. Historically, Netgear's own Debt-to-Equity has ranged from 0.04 to 0.10 over the past decade. While the company's 10-year median is 0.07 vs. the industry median of 0.28, Netgear 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,229 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. Netgear's current Debt-to-Equity of 0.10 is 64.3% 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 Netgear and its competitors. For the Hardware 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. Netgear's current Debt-to-Equity is 0.10, which is 43% above median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netgear stock overvalued right now?
Based on GuruFocus' analysis, Netgear (NTGR) is currently considered Fairly Valued. The stock's GF Value™ is $23.37, compared to a current price of $21.66 — trading 7.3% below its estimated fair value. The current Debt-to-Equity is 0.10, which is 43% above median its 10-year median of 0.07 and 64.3% below the Hardware industry median of 0.28. Netgear's overall GF Score™ is 69/100 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 Netgear (NTGR), the current Debt-to-Equity is 0.10 as of Jun. 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 Netgear (NTGR) Overvalued in 2026?
Based on GuruFocus' analysis, Netgear stock appears to be undervalued.
The current stock price of $21.66 is trading 7.3% below its estimated GF Value™ of $23.37.
GuruFocus considers Netgear to be Fairly Valued.
Key valuation signals for NTGR:
Debt-to-Equity: 0.10 (43% above median its 10-year median of 0.07)
GF Value™: $23.37 vs. price of $21.66 (7.3% below fair value)
Industry Position: 64.3% below the Hardware median (#618 of 2229)
No single metric tells the full story. See the NTGR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Netgear Inc provider of networking technologies for businesses, homes, and service providers. It delivers a wide range of intelligent solutions designed to unleash the full potential of connectivity. The group has two segments: Enterprise and Consumer which offers reliable, easy-to-use, high-performance networking solutions, including switches, routers, access points, software, and AV over IP technologies, tailored to meet the diverse needs of organizations of all sizes. The Home Networking and Mobile offers connectivity, powerful performance, and enhanced security features right out of the box, designed to help keep families safe online, and Others. It conduct business across three geographic territories: Americas; Europe, Middle East and Africa; and Asia Pacific.
69GF Score
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