PINS (Pinterest) Debt-to-Equity: 0.42 (As of Mar. 2026) — 600% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

PINS Pinterest Inc PINS
74 GF Score
Price $22.98
GF Value $43.81
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Pinterest Debt-to-Equity?

Pinterest PINS +1.64% 74 Debt-to-Equity is 0.42 as of Mar. 2026, which is 600% above its 10-year median of 0.06. GuruFocus rates PINS with a GF Score™ of 74/100 and a GF Value™ of $43.81 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 412 Interactive Media companies, Pinterest ranks worse than 75.97% on this metric.

Pinterest's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0 Mil. Pinterest's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1,205 Mil. Pinterest's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $2,851 Mil. Pinterest's debt to equity for the quarter that ended in Mar. 2026 was 0.42.

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 Pinterest's Debt-to-Equity or its related term are showing as below:

PINS' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.33   Med: 0.06   Max: 0.42
Current: 0.42

During the past 9 years, the highest Debt-to-Equity Ratio of Pinterest was 0.42. The lowest was -0.33. And the median was 0.06.

PINS's Debt-to-Equity is ranked worse than
75.97% of 412 companies
in the Interactive Media industry
Industry Median: 0.125 vs PINS: 0.42

Pinterest  (NYSE:PINS) 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.


Pinterest Debt-to-Equity Related Terms


Pinterest Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Pinterest'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.

Pinterest Debt-to-Equity Chart

Pinterest Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.08 0.07 0.06 0.04 0.06

Pinterest 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 0.03 0.03 0.04 0.06 0.42

PINS vs TME, MTCH, SNAP: Debt-to-Equity Comparison

For the Internet Content & Information subindustry, Pinterest'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.


Pinterest Debt-to-Equity vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Pinterest's Debt-to-Equity distribution charts can be found below:

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


PINS
74GF Score
Pinterest Inc PINS
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pinterest Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Pinterest'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 0.42 mean?
Pinterest (PINS) has a Debt-to-Equity of 0.42 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Pinterest and its competitors. This is 600% above median its historical median of 0.06. According to the industry distribution chart, Pinterest ranks #313 out of 412 companies in the Interactive Media industry, placing it in the top 76%.
Is Pinterest's Debt-to-Equity too high?
Pinterest's current Debt-to-Equity of 0.42 is 600% above median its 10-year median of 0.06. The Interactive Media industry median Debt-to-Equity is 0.13. Pinterest's value of 0.42 is 236% above this industry median. Based on the distribution chart, Pinterest ranks #313 out of 412 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Pinterest has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pinterest's Debt-to-Equity compare to TME and MTCH?
According to the Interactive Media industry distribution chart, Pinterest ranks #313 out of 412 companies for Debt-to-Equity. This places Pinterest in the lower half of its industry. The industry median Debt-to-Equity is 0.13. Pinterest's value of 0.42 is 236% above this benchmark. While the company's 10-year median is 0.06 vs. the industry median of 0.13, Pinterest 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 Interactive Media company?
The median Debt-to-Equity among Interactive Media companies is 0.13, based on 412 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. Pinterest's current Debt-to-Equity of 0.42 is 236% 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 Pinterest and its competitors. For the Interactive Media industry, the median Debt-to-Equity is 0.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pinterest's current Debt-to-Equity is 0.42, which is 600% above median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pinterest stock overvalued right now?
Based on GuruFocus' analysis, Pinterest (PINS) is currently considered Significantly Undervalued. The stock's GF Value™ is $43.81, compared to a current price of $22.98 — trading 47.5% below its estimated fair value. The current Debt-to-Equity is 0.42, which is 600% above median its 10-year median of 0.06 and 236% above the Interactive Media industry median of 0.13. Pinterest's overall GF Score™ is 74/100 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 Pinterest (PINS), the current Debt-to-Equity is 0.42 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 Pinterest (PINS) Overvalued in 2026?

Based on GuruFocus' analysis, Pinterest stock appears to be undervalued. The current stock price of $22.98 is trading 47.5% below its estimated GF Value™ of $43.81. GuruFocus considers Pinterest to be Significantly Undervalued.

Key valuation signals for PINS:

  • Debt-to-Equity: 0.42 (600% above median its 10-year median of 0.06)
  • GF Value™: $43.81 vs. price of $22.98 (47.5% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 236% above the Interactive Media median (#313 of 412)

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


Pinterest Business Description

Address 651 Brannan Street, San Francisco, CA, USA, 94107-1532
Pinterest is a social media platform with a focus on product and idea discovery. Pinterest users, or pinners, can leverage the platform as they go about gathering ideas on topics such as home improvement, fashion, cooking, and travel. The company has more than 500 million monthly active users, two thirds of whom are female. Pinterest generates revenue by selling digital ads on its platform. While the platform's user base spans the globe, the vast majority of its revenue stems from ads shown to North American users.
74GF Score

Get the complete analysis for PINS

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

$22.98
Price
$43.81
GF Value