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Thryv HoldingsTHRY +0.84%51 Debt-to-Equity is 1.15 as of Mar. 2026, which is 34% below its 10-year median of 1.73. GuruFocus rates THRY with a GF Score™ of 51/100 and a GF Value™ of $11.18 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,239 Software companies, Thryv Holdings ranks worse than 87.18% 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 Thryv Holdings's Debt-to-Equity or its related term are showing as below:
THRY'
s Debt-to-Equity Range Over the Past 10 Years
Min: -7.02 Med: 1.73 Max: 28.24
Current: 1.15
During the past 13 years, the highest Debt-to-Equity Ratio of Thryv Holdings was 28.24. The lowest was -7.02. And the median was 1.73.
THRY's Debt-to-Equity is ranked worse than 87.18% of 2239
companies
in the Software industry
Industry Median: 0.19
vs THRY: 1.15
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.
Thryv Holdings Debt-to-Equity Related Terms
Thryv Holdings Debt-to-Equity Historical Data
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The historical data trend for Thryv 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.
THRY vs EGAN, KLTR, LMED: Debt-to-Equity Comparison
For the Software - Application subindustry, Thryv 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.
Thryv Holdings Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, Thryv Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Thryv 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.
Thryv Holdings (THRY) has a Debt-to-Equity of 1.15 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Thryv Holdings and its competitors. This is 34% below median its historical median of 1.73. According to the industry distribution chart, Thryv Holdings ranks #1952 out of 2239 companies in the Software industry, placing it in the top 87.2%.
Is Thryv Holdings' Debt-to-Equity too high?
Thryv Holdings' current Debt-to-Equity of 1.15 is 34% below median its 10-year median of 1.73. The Software industry median Debt-to-Equity is 0.19. Thryv Holdings' value of 1.15 is 505.3% above this industry median. Based on the distribution chart, Thryv Holdings ranks #1952 out of 2239 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Thryv Holdings has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thryv Holdings' Debt-to-Equity compare to EGAN and KLTR?
According to the Software industry distribution chart, Thryv Holdings ranks #1952 out of 2239 companies for Debt-to-Equity. This places Thryv Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.19. Thryv Holdings' value of 1.15 is 505.3% above this benchmark. While the company's 10-year median is 1.73 vs. the industry median of 0.19, Thryv 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 a Software company?
The median Debt-to-Equity among Software companies is 0.19, based on 2,239 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. Thryv Holdings's current Debt-to-Equity of 1.15 is 505.3% 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 Thryv Holdings and its competitors. For the Software industry, the median Debt-to-Equity is 0.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thryv Holdings's current Debt-to-Equity is 1.15, which is 34% below median its own 10-year median of 1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thryv Holdings stock overvalued right now?
Based on GuruFocus' analysis, Thryv Holdings (THRY) is currently considered Possible Value Trap. The stock's GF Value™ is $11.18, compared to a current price of $4.21 — trading 62.3% below its estimated fair value. The current Debt-to-Equity is 1.15, which is 34% below median its 10-year median of 1.73 and 505.3% above the Software industry median of 0.19. Thryv Holdings' overall GF Score™ is 51/100 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 Thryv Holdings (THRY), the current Debt-to-Equity is 1.15 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 Thryv Holdings (THRY) Overvalued in 2026?
Based on GuruFocus' analysis, Thryv Holdings stock appears to be undervalued.
The current stock price of $4.21 is trading 62.3% below its estimated GF Value™ of $11.18.
GuruFocus considers Thryv Holdings to be Possible Value Trap.
Key valuation signals for THRY:
Debt-to-Equity: 1.15 (34% below median its 10-year median of 1.73)
GF Value™: $11.18 vs. price of $4.21 (62.3% below fair value)
Industry Position: 505.3% above the Software median (#1952 of 2239)
No single metric tells the full story. See the THRY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thryv Holdings Inc is dedicated to supporting local, independent service-based businesses and emerging franchises by providing a cloud-based software platform, and marketing solutions to entrepreneurs. The group are provider of SaaS all-in-one small business management software in addition to providing print and digital marketing solutions to SMBs. Its solutions enable small and medium-sized business clients to attract and generate new business leads, manage their customer relationships efficiently with artificial intelligence (AI) tools and automation. The group has two business segments; Thryv SaaS deriving maximum revenue and Thryv Marketing Services.
51GF Score
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