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Arphra AIPlain-English read on The Bank of New York Mellon Corporation’s valuationEnterprise value
-$35.97B
Market cap
$97.81B
Net debt
-$98.57B
Total debt
$78.02B
Cash & ST inv.
$176.59B
Capital structure
· balance sheet · 2026-03-31Enterprise-value bridge
Net debt 274%
Share of enterprise value funded by equity vs net debt.
Market capitalisation$97.81B
+ Total debt+$78.02B
− Cash & short-term investments−$176.59B
= Enterprise value-$35.97B
Reported EV -$35.97B differs from the bridge (-$763.99M) — vendor EV may include preferred equity / minority interest.
Valuation
· key metrics · TTMEV multiples
EV / EBITDA—
EV / Sales-0.9×
EV / FCF-24.7×
Net debt / EBITDA-14.3×
Debt / Equity—
History
· 3y · net debt held constant