Volkswagen AG (VWAGY) closed fiscal year 2025 with total debt of 196 B EUR and net debt of 150 B EUR, 3.00 times its EBITDA.
Volkswagen AG (VWAGY) closed fiscal year 2025 with total debt of 196 B EUR and net debt of 150 B EUR, 3.00 times its EBITDA. The highest net debt to EBITDA reading over the period was 3.00 times, in 2025. The series covers 4 fiscal years, from 2022 to 2025. All figures are stated in EUR and come from the statements as reported to the SEC (EDGAR), with no restatements or adjustments of our own. Debt balances are taken at the fiscal year-end date; net debt subtracts cash and short-term investments from total financial debt.
Fiscal year end: December
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Total debt | 178B | 194B | 197B | 196B |
| Net debt | 143B | 144B | 149B | 150B |
| Net debt / EBITDA (x) | 2.74× | 2.65× | 2.89× | 3.00× |
Figures in EUR
