M&T Bank CorporationMTB

Where MTB's Net Debt / EBITDA sits inside its own 10-year distribution, with the yearly high, low and average.

$239.83+0.81 (+0.34%)Previous close
NYSEFinancial Services

MTB Net Debt / EBITDA: current value, 10-year range and year-by-year history

Net Debt / EBITDA History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
MTB Net Debt / EBITDA historyMTB Net Debt / EBITDA from Sep 2023 to Jun 2026: low -4.55, high 3.73, latest 3.73.-5.21-2.81-0.411.994.39Sep 23Mar 24Sep 24Jun 25Dec 25Jun 26med -2.73

MTB Net Debt / EBITDA by year

Yearly range of MTB’s net debt / ebitda from 2016 to 2026. Over the full period it ranged from -14.3 to 3.7, averaging -3.5.

MTB Net Debt / EBITDA — yearly low, average, high and year-end values
YearLowAverageHighYear-end
20260.62.23.73.7
2025-2.7-1.7-0.9-1.4
2024-4.5-3.2-1.9-1.9
2023-4.0-3.5-2.7-4.0
2022-13.0-10.2-6.2-6.2
2021-14.3-12.9-12.0-14.3
2020-9.9-6.5-1.5-9.9
2019-0.60.21.1-0.6
20181.01.21.41.2
20170.00.61.30.8
2016-0.80.41.51.5

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How many years of operating earnings it would take to pay off the company's net debt. The most common leverage ratio — higher means more financial risk and less flexibility.

Formula(Total Debt − Cash) / EBITDA
Full guide
How to read this chart

Watch the trend more than the level. Declining ratio = deleveraging, growing financial flexibility. Rising ratio = increasing leverage, which constrains dividends, buybacks, and future investment.

Key caveats
  • Sector context is essential: 3× is aggressive for a consumer brand but normal for a regulated utility. Always compare to sector peers.
  • Large acquisitions spike the ratio temporarily — check whether the integration plan credibly drives paydown.
Pro — up to 30-year history

Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.