Agilent Technologies, Inc. (A) Balance Sheet
A balance sheet, FY2025
October 31, 2025 · U.S. dollars$12.73B assets = $5.99B liabilities + $6.74B equity
Both columns are drawn to the same scale: what A owns equals what it owes plus shareholders’ equity. Hover a block for its value.
A financial health
Current ratio1.96
Comfortable · current assets cover current liabilities 1.96×
Debt / equity0.50
Low leverage · $0.50 of debt for each $1 of equity
Equity / assets53.0%
Equity-funded · of assets funded by shareholders
Cash / debt53.3%
Partial cover · cash & short-term investments vs total debt
Goodwill & intangibles38.6%
Acquisition-heavy · of total assets
Descriptive bands, not a rating. Fiscal FY2025.
A balance sheet trends, FY2016–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $7.82BFY2016 | $12.73BFY2025 | +5.6%/yr | |
| Total liabilities | $3.57BFY2016 | $5.99BFY2025 | +5.9%/yr | |
| Shareholders’ equity | $4.24BFY2016 | $6.74BFY2025 | +5.3%/yr | |
| Cash & short-term investments | $2.29BFY2016 | $1.79BFY2025 | −2.7%/yr | |
| Total debt | $1.91BFY2016 | $3.35BFY2025 | +6.4%/yr | |
| Net cash (debt) | $377.0MFY2016 | −$1.56BFY2025 | −$1.9B | |
| Working capital | $2.69BFY2016 | $2.25BFY2025 | −$444.0M | |
| Book value per share | $12.90FY2016 | $23.74FY2025 | +7.0%/yr | |
| Current ratio | 3.85FY2016 | 1.96FY2025 | −1.89 | |
| Debt / equity | 0.45FY2016 | 0.50FY2025 | +0.05 | |
| Shares outstanding | 329.0MFY2016 | 284.0MFY2025 | −1.6%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
A assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
A liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
A debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
A balance sheet
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $1.79B | $1.33B | $1.59B | $1.05B | $1.57B | $1.44B | $1.38B | $2.25B | $2.68B | $2.29B |
| Cash & equivalents | $1.79B | $1.33B | $1.59B | $1.05B | $1.48B | $1.44B | $1.38B | $2.25B | $2.68B | $2.29B |
| Short-term investments | — | — | — | $0 | $91.0M | $158.0M | — | $0 | $0 | $0 |
| Receivables | $1.49B | $1.32B | $1.29B | $1.41B | $1.17B | $1.04B | $930.0M | $776.0M | $724.0M | $624.0M |
| Inventory | $1.02B | $991.0M | $1.03B | $1.04B | $830.0M | $720.0M | $679.0M | $638.0M | $575.0M | $533.0M |
| Other current assets | $293.0M | $315.0M | $274.0M | $282.0M | $222.0M | $216.0M | $198.0M | $187.0M | $192.0M | $189.0M |
| Total current assets | $4.59B | $3.96B | $4.19B | $3.78B | $3.80B | $3.42B | $3.19B | $3.85B | $4.17B | $3.63B |
| Property, plant & equipment (net) | $2.02B | $1.96B | $1.27B | $1.10B | $945.0M | $845.0M | $850.0M | $822.0M | $757.0M | $639.0M |
| Goodwill & intangible assets | $4.92B | $5.02B | $4.43B | $4.77B | $5.94B | $4.43B | $4.70B | $3.46B | $2.97B | $2.92B |
| Long-term investments | $133.0M | $175.0M | $164.0M | $195.0M | $185.0M | $158.0M | $102.0M | $68.0M | $138.0M | $135.0M |
| Other non-current assets | $1.06B | $736.0M | $708.0M | $686.0M | $0 | $776.0M | $611.0M | $339.0M | $394.0M | $483.0M |
| Total assets | $12.73B | $11.85B | $10.76B | $10.53B | $10.71B | $9.63B | $9.45B | $8.54B | $8.43B | $7.82B |
| Liabilities | ||||||||||
| Accounts payable | $570.0M | $540.0M | $418.0M | $580.0M | $446.0M | $354.0M | $354.0M | $340.0M | $305.0M | $257.0M |
| Short-term debt | $304.0M | $87.0M | $46.0M | $36.0M | $52.0M | $75.0M | $616.0M | $0 | $210.0M | $1.0M |
| Deferred revenue | $624.0M | $544.0M | $505.0M | $461.0M | $441.0M | $386.0M | $336.0M | $324.0M | $291.0M | $269.0M |
| Total current liabilities | $2.35B | $1.90B | $1.60B | $1.86B | $1.71B | $1.47B | $2.08B | $1.17B | $1.26B | $944.0M |
| Long-term debt | $3.05B | $3.35B | $2.73B | $2.73B | $2.73B | $2.28B | $1.79B | $1.80B | $1.80B | $1.90B |
| Other long-term liabilities | $589.0M | $708.0M | $580.0M | $633.0M | $879.0M | $1.00B | $833.0M | $1.00B | $527.0M | $725.0M |
| Total liabilities | $5.99B | $5.95B | $4.92B | $5.23B | $5.32B | $4.75B | $4.70B | $3.97B | $3.59B | $3.57B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $3.0M | $3.0M | $3.0M | $3.0M | $3.0M | $3.0M | $3.0M | $5.31B | $5.30B | $9.16B |
| Retained earnings (deficit) | $1.39B | $750.0M | $782.0M | $324.0M | $348.0M | $81.0M | −$18.0M | −$336.0M | −$126.0M | $6.09B |
| Treasury stock | — | — | — | — | — | — | — | $0 | $0 | −$10.51B |
| Accumulated other comprehensive income | −$226.0M | −$305.0M | −$327.0M | −$347.0M | −$282.0M | −$522.0M | −$514.0M | −$408.0M | −$352.0M | −$503.0M |
| Minority interest | — | — | — | — | — | — | — | $4.0M | $4.0M | $0 |
| Total shareholders' equity | $6.74B | $5.90B | $5.84B | $5.30B | $5.39B | $4.87B | $4.75B | $4.57B | $4.83B | $4.24B |
| Key figures | ||||||||||
| Total debt | $3.35B | $3.57B | $2.78B | $2.77B | $2.78B | $2.36B | $2.41B | $1.80B | $2.01B | $1.91B |
| Net cash (debt) | −$1.56B | −$2.25B | −$1.19B | −$1.72B | −$1.21B | −$918.0M | −$1.02B | $448.0M | $667.0M | $377.0M |
| Working capital | $2.25B | $2.06B | $2.58B | $1.92B | $2.09B | $1.95B | $1.11B | $2.68B | $2.91B | $2.69B |
| Tangible book value | $1.82B | $877.0M | $1.41B | $532.0M | −$548.0M | $440.0M | $48.0M | $1.10B | $1.86B | $1.32B |
| Book value per share | $23.74 | $20.27 | $19.75 | $17.68 | $17.55 | $15.62 | $14.93 | $14.05 | $14.80 | $12.90 |
| Shares outstanding | 284.0M | 291.0M | 296.0M | 300.0M | 307.0M | 312.0M | 318.0M | 325.0M | 326.0M | 329.0M |
| Current ratio | 1.96 | 2.09 | 2.61 | 2.03 | 2.22 | 2.33 | 1.53 | 3.29 | 3.30 | 3.85 |
| Quick ratio | 1.40 | 1.40 | 1.80 | 1.32 | 1.61 | 1.69 | 1.11 | 2.58 | 2.69 | 3.09 |
| Debt / equity | 0.50 | 0.61 | 0.48 | 0.52 | 0.52 | 0.48 | 0.51 | 0.39 | 0.42 | 0.45 |
| Equity / assets | 53.0% | 49.8% | 54.3% | 50.4% | 50.3% | 50.6% | 50.2% | 53.5% | 57.3% | 54.3% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $1.76B | $1.81B | $1.76B | $1.79B | $1.53B | $1.49B | $1.47B | $1.33B | $1.78B | $1.67B | $1.75B | $1.59B |
| Cash & equivalents | $1.76B | $1.81B | $1.76B | $1.79B | $1.53B | $1.49B | $1.47B | $1.33B | $1.78B | $1.67B | $1.75B | $1.59B |
| Receivables | $1.48B | $1.50B | $1.52B | $1.49B | $1.38B | $1.37B | $1.33B | $1.32B | $1.23B | $1.25B | $1.29B | $1.29B |
| Inventory | $1.12B | $1.09B | $1.06B | $1.02B | $1.01B | $991.0M | $997.0M | $972.0M | $978.0M | $1.00B | $1.03B | $1.03B |
| Other current assets | $340.0M | $369.0M | $277.0M | $293.0M | $322.0M | $365.0M | $315.0M | $334.0M | $272.0M | $283.0M | $262.0M | $274.0M |
| Total current assets | $4.69B | $4.76B | $4.62B | $4.59B | $4.25B | $4.21B | $4.11B | $3.96B | $4.26B | $4.20B | $4.34B | $4.19B |
| Property, plant & equipment (net) | $2.13B | $2.10B | $2.08B | $2.02B | $1.97B | $1.91B | $1.82B | $1.96B | $1.45B | $1.37B | $1.31B | $1.27B |
| Goodwill & intangible assets | $5.94B | $4.89B | $4.91B | $4.92B | $4.94B | $4.97B | $4.94B | $5.02B | $4.36B | $4.38B | $4.41B | $4.43B |
| Long-term investments | $130.0M | $136.0M | $135.0M | $133.0M | $133.0M | $135.0M | $173.0M | $175.0M | $186.0M | $177.0M | $170.0M | $164.0M |
| Other non-current assets | $1.07B | $1.18B | $1.07B | $1.06B | $930.0M | $934.0M | $875.0M | $733.0M | $751.0M | $725.0M | $716.0M | $708.0M |
| Total assets | $13.97B | $13.06B | $12.81B | $12.73B | $12.23B | $12.16B | $11.91B | $11.85B | $11.00B | $10.86B | $10.95B | $10.76B |
| Liabilities | ||||||||||||
| Accounts payable | $608.0M | $615.0M | $602.0M | $570.0M | $530.0M | $517.0M | $547.0M | $540.0M | $497.0M | $461.0M | $488.0M | $418.0M |
| Short-term debt | $304.0M | $304.0M | $304.0M | $304.0M | $59.0M | $146.0M | $16.0M | $87.0M | $795.0M | $420.0M | $46.0M | $46.0M |
| Deferred revenue | $640.0M | $665.0M | $682.0M | $624.0M | $620.0M | $628.0M | $612.0M | $544.0M | $524.0M | $533.0M | $522.0M | $505.0M |
| Total current liabilities | $2.29B | $2.27B | $2.23B | $2.35B | $1.89B | $2.01B | $1.87B | $1.90B | $2.39B | $1.96B | $1.62B | $1.60B |
| Long-term debt | $3.65B | $3.05B | $3.05B | $3.05B | $3.35B | $3.35B | $3.35B | $3.35B | $2.14B | $2.14B | $2.56B | $2.73B |
| Other long-term liabilities | $670.0M | $623.0M | $621.0M | $589.0M | $614.0M | $661.0M | $671.0M | $708.0M | $567.0M | $548.0M | $588.0M | $580.0M |
| Total liabilities | $6.60B | $5.94B | $5.91B | $5.99B | $5.86B | $6.02B | $5.89B | $5.95B | $5.09B | $4.64B | $4.76B | $4.92B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $3.0M | $3.0M | $3.0M | $3.0M | $3.0M | $3.0M | $3.0M | $3.0M | $3.0M | $3.0M | $3.0M | $3.0M |
| Retained earnings (deficit) | $1.91B | $1.69B | $1.48B | $1.39B | $1.10B | $912.0M | $916.0M | $750.0M | $773.0M | $1.09B | $1.06B | $782.0M |
| Accumulated other comprehensive income | −$233.0M | −$202.0M | −$184.0M | −$226.0M | −$283.0M | −$280.0M | −$381.0M | −$305.0M | −$331.0M | −$337.0M | −$316.0M | −$327.0M |
| Total shareholders' equity | $7.36B | $7.12B | $6.91B | $6.74B | $6.37B | $6.14B | $6.03B | $5.90B | $5.90B | $6.21B | $6.19B | $5.84B |
| Key figures | ||||||||||||
| Total debt | $3.95B | $3.35B | $3.35B | $3.35B | $3.41B | $3.50B | $3.36B | $3.57B | $2.93B | $2.56B | $2.56B | $2.73B |
| Net cash (debt) | −$2.19B | −$1.55B | −$1.60B | −$1.56B | −$1.87B | −$2.01B | −$1.90B | −$2.25B | −$1.15B | −$885.0M | −$807.0M | −$1.15B |
| Working capital | $2.40B | $2.49B | $2.38B | $2.25B | $2.36B | $2.20B | $2.24B | $2.06B | $1.87B | $2.25B | $2.72B | $2.58B |
| Tangible book value | $1.43B | $2.23B | $2.00B | $1.82B | $1.43B | $1.17B | $1.08B | $874.0M | $1.55B | $1.83B | $1.78B | $1.41B |
| Book value per share | $26.02 | $25.08 | $24.32 | $23.74 | $22.35 | $21.53 | $21.00 | $20.27 | $20.29 | $21.21 | $21.05 | $19.95 |
| Shares outstanding | 283.0M | 284.0M | 284.0M | 284.0M | 285.0M | 285.0M | 287.0M | 291.0M | 291.0M | 293.0M | 294.0M | 293.0M |
| Current ratio | 2.05 | 2.10 | 2.07 | 1.96 | 2.25 | 2.09 | 2.20 | 2.09 | 1.78 | 2.15 | 2.68 | 2.61 |
| Quick ratio | 1.41 | 1.46 | 1.47 | 1.40 | 1.54 | 1.42 | 1.50 | 1.40 | 1.26 | 1.49 | 1.88 | 1.80 |
| Debt / equity | 0.54 | 0.47 | 0.49 | 0.50 | 0.54 | 0.57 | 0.56 | 0.61 | 0.50 | 0.41 | 0.41 | 0.47 |
| Equity / assets | 52.7% | 54.5% | 53.9% | 53.0% | 52.1% | 50.5% | 50.6% | 49.8% | 53.7% | 57.2% | 56.5% | 54.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed December 22, 2025); data from EODHD.
A financial position
At the end of fiscal 2025 (October 31, 2025), Agilent had total assets of $12.7 billion (up 7.4% from a year earlier), total liabilities of $6.0 billion and shareholders' equity of $6.7 billion. It held $1.8 billion in cash and short-term investments against $3.4 billion of debt, net debt of $1.6 billion. Its current ratio was 1.96. In the latest quarter (ended July 31, 2026) total assets were $14.0 billion and equity $7.4 billion.
Related: A income statement, A cash flow statement, A key metrics. See the A stock overview for the latest quote and news.
A balance sheet FAQ
What are Agilent's total assets?
Agilent reported total assets of $12.7 billion at the end of fiscal 2025 (October 31, 2025), compared with $11.8 billion a year earlier.
How much debt does Agilent have?
Agilent had $3.4 billion of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.50.
How much cash does Agilent have?
Agilent held $1.8 billion in cash and short-term investments at the end of fiscal 2025; with $3.4 billion of debt that is net debt of $1.6 billion.
What is Agilent's book value?
Agilent's shareholders' equity (book value) was $6.7 billion at the end of fiscal 2025, or $23.74 per share.
What is Agilent's current ratio?
Agilent had current assets of $4.6 billion and current liabilities of $2.3 billion, a current ratio of 1.96 (it can cover its short-term obligations).
How much goodwill does Agilent have?
Agilent carried $4.9 billion of goodwill and intangible assets, 38.6% of total assets, at the end of fiscal 2025.