Firstgroup annual net debt
2021
2022
2023
2024
2025
2026
Firstgroup Net Debt Growth & History (FGP)
Firstgroup's net debt was £725.3M for fiscal 2026.
View full Firstgroup company overviewFirstgroup annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-28 | £725.3M | −£260.3M | −26.41% |
| 2025 | 2025-03-29 | £985.6M | −£162.7M | −14.17% |
| 2024 | 2024-03-30 | £1.15B | −£127.3M | −9.98% |
| 2023 | 2023-03-25 | £1.28B | £649.5M | +103.74% |
| 2022 | 2022-03-26 | £626.1M | −£1.75B | −73.69% |
| 2021 | 2021-03-27 | £2.38B | — | — |
Firstgroup quarterly net debt
Q4.25
Q2.26
Q4.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-03-31 | £835.4M | −£350.6M | −29.56% |
| Q2 2026 | 2025-09-30 | £844.8M | — | — |
| Q4 2025 | 2025-03-31 | £1.19B | — | — |
Firstgroup net debt trends
Over the last five fiscal years, Firstgroup's net debt decreased from £2.38B to £725.3M, a change of −£1.65B. The latest reported quarter, Q4 2026, shows £835.4M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Firstgroup source filings ↗