M&T Bank (MTB) Ratios
M&T Bank Ratios
MX:MTB's free cash flow for Q2 2026 was $1.25B. For the 2026 fiscal year, MX:MTB's free cash flow was decreased by $-21.00M and operating cash flow was $1.27B. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.32 | 0.22 | 0.25 | 0.23 | 0.36 |
| Quick Ratio | 0.32 | 0.22 | 0.25 | 0.23 | 0.36 |
| Cash Ratio | 0.11 | 0.13 | 0.17 | 0.15 | 0.32 |
| Solvency Ratio | 0.02 | 0.02 | 0.02 | 0.01 | 0.02 |
| Operating Cash Flow Ratio | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 |
| Short-Term Operating Cash Flow Coverage | 1.40 | 3.41 | 0.73 | 1.29 | 57.71 |
| Net Current Asset Value | $ -128.91B | $ -143.75B | $ -138.15B | $ -135.48B | $ -88.89B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.06 | 0.07 | 0.06 | 0.04 | 0.02 |
| Debt-to-Equity Ratio | 0.45 | 0.47 | 0.50 | 0.30 | 0.20 |
| Debt-to-Capital Ratio | 0.31 | 0.32 | 0.33 | 0.23 | 0.16 |
| Long-Term Debt-to-Capital Ratio | 0.27 | 0.30 | 0.23 | 0.14 | 0.16 |
| Financial Leverage Ratio | 7.32 | 7.17 | 7.73 | 7.93 | 8.66 |
| Debt Service Coverage Ratio | 0.59 | 0.59 | 0.38 | 0.61 | 13.56 |
| Interest Coverage Ratio | 1.04 | 0.79 | 1.16 | 6.15 | 21.54 |
| Debt to Market Cap | 0.41 | 0.44 | 0.59 | 0.32 | 0.18 |
| Interest Debt Per Share | 106.02 | 107.15 | 99.94 | 48.69 | 28.34 |
| Net Debt to EBITDA | -1.36 | -1.86 | -3.96 | -6.22 | -14.28 |
| Profitability Margins | |||||
| Gross Profit Margin | 74.62% | 64.31% | 69.98% | 88.84% | 99.36% |
| EBIT Margin | 29.99% | 24.69% | 28.94% | 30.96% | 40.40% |
| EBITDA Margin | 34.04% | 28.48% | 32.91% | 36.11% | 45.74% |
| Operating Profit Margin | 29.99% | 24.69% | 28.94% | 30.96% | 40.40% |
| Pretax Profit Margin | 29.99% | 24.69% | 28.94% | 30.96% | 40.40% |
| Net Profit Margin | 23.16% | 19.31% | 21.92% | 23.61% | 30.60% |
| Continuous Operations Profit Margin | 23.16% | 19.31% | 21.92% | 23.61% | 30.60% |
| Net Income Per EBT | 77.22% | 78.19% | 75.74% | 76.26% | 75.72% |
| EBT Per EBIT | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Return on Assets (ROA) | 1.34% | 1.24% | 1.32% | 0.99% | 1.20% |
| Return on Equity (ROE) | 9.77% | 8.92% | 10.17% | 7.87% | 10.38% |
| Return on Capital Employed (ROCE) | 9.21% | 7.20% | 10.29% | 8.92% | 11.48% |
| Return on Invested Capital (ROIC) | 6.75% | 5.51% | 6.77% | 6.07% | 8.67% |
| Return on Tangible Assets | 1.39% | 1.30% | 1.37% | 1.04% | 1.24% |
| Earnings Yield | 9.04% | 8.27% | 12.02% | 8.42% | 9.41% |
| Efficiency Ratios | |||||
| Receivables Turnover | 0.00 | 0.00 | 4.44 | 3.27 | 5.54 |
| Payables Turnover | 0.00 | 0.00 | 0.83 | 0.22 | 0.02 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Asset Turnover | 0.00 | 7.86 | 7.19 | 5.10 | 5.31 |
| Asset Turnover | 0.06 | 0.06 | 0.06 | 0.04 | 0.04 |
| Working Capital Turnover Ratio | -0.10 | -0.10 | -0.10 | -0.08 | -0.07 |
| Cash Conversion Cycle | 0.00 | 0.00 | -356.97 | -1584.28 | -19849.37 |
| Days of Sales Outstanding | 0.00 | 0.00 | 82.12 | 111.69 | 65.88 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Payables Outstanding | 0.00 | 0.00 | 439.09 | 1695.97 | 19915.25 |
| Operating Cycle | 0.00 | 0.00 | 82.12 | 111.69 | 65.88 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 19.18 | 21.68 | 23.47 | 28.03 | 21.10 |
| Free Cash Flow Per Share | 18.27 | 20.39 | 21.93 | 26.72 | 19.94 |
| Dividend Paid and CapEx Coverage Ratio | 2.53 | 2.89 | 3.19 | 4.18 | 3.41 |
| Capital Expenditure Coverage Ratio | 21.00 | 16.71 | 15.25 | 21.37 | 18.22 |
| Operating Cash Flow Coverage Ratio | 0.23 | 0.26 | 0.29 | 0.61 | 0.77 |
| Operating Cash Flow to Sales Ratio | 0.24 | 0.27 | 0.31 | 0.54 | 0.45 |
| Free Cash Flow Yield | 9.07% | 10.84% | 16.00% | 18.42% | 12.98% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 11.85 | 12.78 | 8.32 | 11.88 | 10.63 |
| Price-to-Sales (P/S) Ratio | 2.56 | 2.33 | 1.82 | 2.81 | 3.25 |
| Price-to-Book (P/B) Ratio | 1.08 | 1.08 | 0.85 | 0.93 | 1.10 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 11.03 | 9.22 | 6.25 | 5.43 | 7.70 |
| Price-to-Operating Cash Flow Ratio | 10.50 | 8.67 | 5.84 | 5.18 | 7.28 |
| Price-to-Earnings Growth (PEG) Ratio | 0.76 | -1.78 | 0.23 | -0.74 | 0.27 |
| Enterprise Value Multiple | 6.17 | 6.33 | 1.58 | 1.55 | -7.17 |
| Enterprise Value | 25.83B | 24.18B | 6.52B | 4.71B | -19.92B |
| EV to EBITDA | 6.17 | 6.33 | 1.58 | 1.55 | -7.17 |
| EV to Sales | 2.10 | 1.80 | 0.52 | 0.56 | -3.28 |
| EV to Free Cash Flow | 9.03 | 7.13 | 1.79 | 1.08 | -7.76 |
| EV to Operating Cash Flow | 8.60 | 6.70 | 1.67 | 1.03 | -7.34 |
| Tangible Book Value Per Share | 131.89 | 122.95 | 110.27 | 101.85 | 103.41 |
| Shareholders’ Equity Per Share | 186.37 | 174.36 | 162.04 | 155.16 | 139.14 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.23 | 0.22 | 0.24 | 0.24 | 0.24 |
| Revenue Per Share | 78.63 | 80.52 | 75.18 | 51.71 | 47.22 |
| Net Income Per Share | 18.21 | 15.55 | 16.48 | 12.21 | 14.45 |
| Tax Burden | 0.77 | 0.78 | 0.76 | 0.76 | 0.76 |
| Interest Burden | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.26 | 0.25 | 0.25 | 0.34 | 0.35 |
| Stock-Based Compensation to Revenue | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.05 | 1.39 | 1.42 | 2.30 | 1.46 |
Currency in USD
