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Net debt / EBITDA at other companies

Flex Ltd. logo
Flex Ltd.FLEX
1.1×-0.1×
MKS Instruments logo
MKS InstrumentsMKSI
3.8×-0.7×
Monolithic Power Systems logo
Monolithic Power SystemsMPWR
-1.4×+0.3×
Vertiv Holdings Co logo
Vertiv Holdings CoVRT
0.3×-0.5×
Nordson logo
NordsonNDSN
2.1×-0.7×
Emerson Electric logo
Emerson ElectricEMR
1.3×-0.3×

Other financials

Income statement

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Revenue$511.0M+26.3%
Gross profit$200.9M+33.5%
Operating income$68.3M+123%
Net income$66.8M+170%
EPS (diluted)$1.58+143%

Balance sheet

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Cash & equivalents$699.5M-3.3%
Total debt$683.1M+0.3%
Total equity$1.4B+12.5%
Total assets$2.6B+12.6%

Cash flow

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Operating cash flow-$6.0M-121%
CapEx$36.6M+163%
Free cash flow-$42.6M-384%

Valuation

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Market cap$14.91B+240%
Enterprise value$14.89B+243%
P/E78.3×+18.5×
P/S7.8×+5.0×

Profitability

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Gross margin38.2%+1.8pp
Operating margin10.8%+6.5pp
Net margin10%+5.3pp
FCF margin3.6%-2.7pp

Returns & leverage

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Return on equity14.6%+8.4pp
Debt / equity0.5×-0.1×
Current ratio1.6×-2.8×

Where this comes from

Calculated from Advanced Energy Industries’s reported figures.

Based on the most recent quarter.

The official record: Advanced Energy Industries’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Advanced Energy Industries's net debt / EBITDA?
Advanced Energy Industries (AEIS) reported net debt / EBITDA of -0.1× in Q1 2026.
How has Advanced Energy Industries's net debt / EBITDA changed year-over-year?
Advanced Energy Industries's net debt / EBITDA increased by 80.3% year-over-year, from -0.3× to -0.1×.
What is the long-term trend for Advanced Energy Industries's net debt / EBITDA?
Over 4 years (2021 to 2025), Advanced Energy Industries's net debt / EBITDA has grown at a 6.3% compound annual growth rate (CAGR), from -1× to -1.3×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.