ULUnilever PLC

$64.97

Is it safe?

Can UL take a bad year?

Unilever PLC carries $21.0B of net debt at 2.03× EBITDA: a load its earnings can carry.

$21.0B

Net debt · as at FY2025 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
2.03×

Net debt / EBITDA · 2.10× a year ago · the load is coming down

Interest cover
8.83×

Interest cover · operating profit covers the interest bill several times over

Annualised volatility
21%

Annualised volatility · about as steady as the market itself

Details
Total debtFY2025
$26.0B
Cash and short-term investments
$5.06B
Net debt
$21.0B
EBITDA, trailing twelve months
$10.3B
Operating profit, trailing twelve months
$9.04B
Debt / equity
1.68×
Total debt / EBITDA
2.52×
Annualised volatilitytwo years of daily moves
21%
Worst drawdown on file
−30%
Below its 52-week high
−11%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.