Top 5 Companies in the Construction & Engineering Industry With the Highest Debt to EBITDA Ratio (GVA, INSU, GLDD, MTZ, PIKE)
Below are the three companies in the Construction & Engineering industry with the highest debt to EBITDA ratios. This ratio indicates how many years of EBITDA would be necessary in order to pay back all the debt (assuming Debt and EBITDA are constant). Typically, this ratio is considered to be alarming when it is greater than 3.0 but this can vary and should be looked at within the context of the industry.
Granite Construction ranks highest with a a debt to EBITDA ratio of 6.0. Insituform Technologies is next with a a debt to EBITDA ratio of 4.1. Great Lakes Dredge & Dock ranks third highest with a a debt to EBITDA ratio of 3.8.
MasTec follows with a a debt to EBITDA ratio of 2.8, and Pike Electric rounds out the top five with a a debt to EBITDA ratio of 2.8.
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