Mears Group annual net debt
2020
2021
2022
2023
2024
2025
Mears Group Net Debt Growth & History (MER)
Mears Group's net debt was £270.2M for fiscal 2025.
View full Mears Group company overviewMears Group annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | £270.2M | £64.1M | +31.12% |
| 2024 | 2024-12-31 | £206.1M | £53.7M | +35.25% |
| 2023 | 2023-12-31 | £152.4M | £25.1M | +19.72% |
| 2022 | 2022-12-31 | £127.3M | −£35.0M | −21.56% |
| 2021 | 2021-12-31 | £162.3M | £10.1M | +6.61% |
| 2020 | 2020-12-31 | £152.2M | — | — |
Mears Group quarterly net debt
Q4.24
Q2.25
Q4.25
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | £237.2M | £18.3M | +8.38% |
| Q4 2025 | 2025-12-31 | £270.2M | £64.1M | +31.12% |
| Q2 2025 | 2025-06-30 | £218.8M | — | — |
| Q4 2024 | 2024-12-31 | £206.1M | — | — |
Mears Group net debt trends
Over the last five fiscal years, Mears Group's net debt increased from £152.2M to £270.2M, a change of £118.0M. The latest reported quarter, Q2 2026, shows £237.2M.
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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