Mitchells & Butlers annual net debt
2021
2022
2023
2024
2025
Mitchells & Butlers Net Debt Growth & History (MAB)
Mitchells & Butlers's net debt was £1.29B for fiscal 2025.
View full Mitchells & Butlers company overviewMitchells & Butlers annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-27 | £1.29B | −£163.0M | −11.20% |
| 2024 | 2024-09-28 | £1.46B | −£212.0M | −12.72% |
| 2023 | 2023-09-30 | £1.67B | −£71.0M | −4.09% |
| 2022 | 2022-09-24 | £1.74B | −£73.0M | −4.03% |
| 2021 | 2021-09-25 | £1.81B | — | — |
Mitchells & Butlers quarterly net debt
Q4.25
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-03-31 | £1.17B | — | — |
| Q4 2025 | 2025-09-30 | £1.29B | — | — |
Mitchells & Butlers net debt trends
Between the periods ended 2021-09-25 and 2025-09-27, Mitchells & Butlers's net debt decreased from £1.81B to £1.29B, a change of −£519.0M. The latest reported quarter, Q2 2026, shows £1.17B.
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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