Imperial Brands annual net debt
2021
2022
2023
2024
2025
Imperial Brands Net Debt Growth & History (IMB)
Imperial Brands's net debt was £8.56B for fiscal 2025.
View full Imperial Brands company overviewImperial Brands annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | £8.56B | £552.0M | +6.90% |
| 2024 | 2024-09-30 | £8.01B | −£380.0M | −4.53% |
| 2023 | 2023-09-30 | £8.38B | −£20.0M | −0.24% |
| 2022 | 2022-09-30 | £8.40B | −£381.0M | −4.34% |
| 2021 | 2021-09-30 | £8.79B | — | — |
Imperial Brands quarterly net debt
Q2.25
Q4.25
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-03-31 | £10.73B | £439.0M | +4.26% |
| Q4 2025 | 2025-09-30 | £8.56B | — | — |
| Q2 2025 | 2025-03-31 | £10.30B | — | — |
Imperial Brands net debt trends
Between the periods ended 2021-09-30 and 2025-09-30, Imperial Brands's net debt decreased from £8.79B to £8.56B, a change of −£229.0M. The latest reported quarter, Q2 2026, shows £10.73B.
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.
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