NET Net Debt / EBITDA: current value, 10-year range and year-by-year history
Cash & Leverage
Net Debt / EBITDA History
Historically priceyAbove avgAround avgBelow avgHistorically cheap
NET Net Debt / EBITDA by year
Yearly range of NET’s net debt / ebitda from 2018 to 2026. Over the full period it ranged from -37.3 to 48.2, averaging 1.7.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 18.7 | 33.5 | 48.2 | 48.2 |
| 2025 | 17.9 | 27.0 | 36.1 | 26.1 |
| 2024 | -33.7 | 11.8 | 32.3 | 21.2 |
| 2023 | -37.3 | -23.3 | -14.8 | -37.3 |
| 2022 | -16.5 | -12.9 | -8.9 | -16.5 |
| 2021 | -7.4 | -5.7 | -4.4 | -7.4 |
| 2020 | -6.3 | -3.0 | 0.7 | -6.3 |
| 2019 | 0.3 | 2.5 | 7.4 | 1.7 |
| 2018 | 0.2 | 0.2 | 0.2 | 0.2 |
Get notified when NET Net Debt / EBITDA crosses a threshold
Free — one alert setup, notifications by push, Telegram, or Discord.
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) / EBITDAHow 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.