Mitchells & Butlers Debt-to-Equity Ratio Growth & History (MAB)
Mitchells & Butlers's debt-to-equity ratio was 0.54 for fiscal 2025.
View full Mitchells & Butlers company overviewMitchells & Butlers annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-27 | 0.54 | −0.10 | −15.75% |
| 2024 | 2024-09-28 | 0.64 | −0.21 | −24.49% |
| 2023 | 2023-09-30 | 0.84 | −0.07 | −7.25% |
| 2022 | 2022-09-24 | 0.91 | −0.07 | −7.44% |
| 2021 | 2021-09-25 | 0.98 | — | — |
Mitchells & Butlers quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-03-31 | 0.48 | — | — |
| Q4 2025 | 2025-09-30 | 0.54 | — | — |
Mitchells & Butlers debt-to-equity ratio trends
Between the periods ended 2021-09-25 and 2025-09-27, Mitchells & Butlers's debt-to-equity ratio decreased from 0.98 to 0.54, a change of −0.45. The latest reported quarter, Q2 2026, shows 0.48.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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