AllianceBernstein Holding L.P. (AB) Balance Sheet
AB balance sheet, 2025
December 31, 2025 · U.S. dollars$1.24B assets = $1.7M liabilities + $1.24B equity
Both columns are drawn to the same scale: what AB owns equals what it owes plus shareholders’ equity. Hover a block for its value.
AB financial health
Equity / assets99.8%
Equity-funded · of assets funded by shareholders
Goodwill & intangibles0.0%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal 2025.
AB balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.54B2016 | $1.24B2025 | −2.4%/yr | |
| Total liabilities | $619,0002016 | $1.7M2025 | +11.6%/yr | |
| Shareholders’ equity | $1.54B2016 | $1.24B2025 | −2.4%/yr | |
| Cash & short-term investments | $657.0M2016 | $832.0M2024 | +3.0%/yr | |
| Total debt | $513.0M2016 | $02023 | −100.0% | |
| Net cash (debt) | $144.0M2016 | $153.0M2023 | +$9.0M | |
| Working capital | $515.5M2016 | $142.0M2022 | −$373.5M | |
| Book value per share | $15.812016 | $12.242025 | −2.8%/yr | |
| Debt / equity | 0.332016 | 0.002023 | −0.33 | |
| Shares outstanding | 97.4M2016 | 101.1M2025 | +0.4%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
AB assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
AB liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
AB debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
AB balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | — | $832.0M | $153.0M | $41.7M | $1,286 | $2.79B | $1.77B | $640.2M | $671.9M | $657.0M |
| Cash & equivalents | — | $832.0M | $153.0M | $40.8M | $1,286 | $1.04B | $679.7M | $640.2M | $671.9M | $657.0M |
| Short-term investments | — | — | — | $947,000 | $613 | $1.75B | $1.09B | $1.17B | $816.4M | $946.1M |
| Receivables | $0 | $0 | $0 | $82.5M | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | — | $0 | $0 | $0 | $0 | $0 | $0 | $529.3M | $144.4M | $289.1M |
| Total current assets | — | $832.0M | $153.0M | $124.2M | $1,286 | $2.79B | $1.77B | $1.17B | $816.4M | $946.1M |
| Property, plant & equipment (net) | $0 | $449.9M | $5.0M | $16.5M | $422 | $418.5M | $362.7M | $0 | $0 | $0 |
| Goodwill & intangible assets | $0 | $3.81B | $163.9M | $974.2M | $3,133 | $3.13B | $3.13B | $3.15B | $3.17B | $3.20B |
| Long-term investments | $1.24B | $2.03B | $2.08B | $2.07B | $1.62B | $1.61B | $1.55B | $1.49B | $1.54B | $1.54B |
| Other non-current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total assets | $1.24B | $2.03B | $2.08B | $2.07B | $1.62B | $1.61B | $1.55B | $1.49B | $1.54B | $1.54B |
| Liabilities | ||||||||||
| Accounts payable | — | — | — | −$17.8M | — | — | — | — | $0 | $0 |
| Short-term debt | — | — | $0 | $0 | $0 | $675 | $0 | $0 | $0 | $0 |
| Total current liabilities | — | — | — | −$17.8M | — | $873 | $192.1M | $412.3M | $515.7M | $430.6M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $1.7M | $2.8M | $1.3M | $1.6M | $2.1M | $1.9M | $1.7M | $644,000 | $1.2M | $619,000 |
| Total liabilities | $1.7M | $2.8M | $1.3M | $1.6M | $2.1M | $1.9M | $1.7M | $644,000 | $1.2M | $619,000 |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $1.28B | $2.10B | $2.15B | $2.16B | $1.70B | $1.66B | $1.62B | $1.56B | $1.59B | $1.59B |
| Retained earnings (deficit) | — | — | — | $831.8M | — | — | — | — | $0 | $0 |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | −$40.5M | −$64.8M | −$72.2M | −$88.6M | −$32.7M | −$54.1M | −$68.1M | −$39.0M | −$33.0M | −$42.0M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $1.24B | $2.03B | $2.08B | $2.07B | $1.62B | $1.60B | $1.55B | $1.49B | $1.54B | $1.54B |
| Key figures | ||||||||||
| Total debt | — | — | $0 | $0 | $0 | $675 | $0 | $546.3M | $565.7M | $513.0M |
| Net cash (debt) | — | — | $153.0M | $41.7M | $1,286 | $2.79B | $1.77B | $93.9M | $106.2M | $144.0M |
| Working capital | — | — | — | $142.0M | — | $2.79B | $1.58B | $757.2M | $300.7M | $515.5M |
| Tangible book value | $1.24B | −$1.78B | $1.91B | $1.10B | $1.62B | −$1.52B | −$1.58B | −$1.66B | −$1.63B | −$1.66B |
| Book value per share | $12.24 | $17.82 | $18.38 | $20.37 | $16.29 | $16.56 | $16.18 | $15.32 | $16.22 | $15.81 |
| Shares outstanding | 101.1M | 114.0M | 112.9M | 101.8M | 99.6M | 96.9M | 95.9M | 97.3M | 95.2M | 97.4M |
| Current ratio | — | — | — | — | — | 3,198,127.56 | 9.24 | 2.84 | 1.58 | 2.20 |
| Quick ratio | — | — | — | — | — | 3,198,127.56 | 9.24 | 1.55 | 1.30 | 1.53 |
| Debt / equity | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.37 | 0.37 | 0.33 |
| Equity / assets | 99.8% | 99.9% | 99.9% | 99.9% | 99.9% | 99.9% | 99.9% | 100.0% | 99.9% | 100.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | — | — | — | — | — | — | $832.0M | — | — | — | $153.0M | — |
| Cash & equivalents | — | — | — | — | — | — | $832.0M | — | — | — | $153.0M | — |
| Receivables | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | — | — | — | — | — | $952,000 | $0 | — | — | — | $0 | — |
| Total current assets | — | — | — | — | — | $952,000 | $832.0M | — | — | — | $153.0M | — |
| Property, plant & equipment (net) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5.0M | $0 |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $3.81B | $0 | $0 | $0 | $163.9M | $0 |
| Long-term investments | $0 | $1.26B | $1.24B | $1.18B | $1.98B | $2.00B | $2.03B | $2.10B | $2.09B | $2.07B | $2.08B | $1.97B |
| Other non-current assets | $1.25B | $271,000 | $0 | $0 | $1.1M | $0 | $0 | $147,000 | $0 | $10,000 | $0 | $0 |
| Total assets | $1.25B | $1.26B | $1.24B | $1.18B | $1.98B | $2.00B | $2.03B | $2.10B | $2.09B | $2.07B | $2.08B | $1.97B |
| Liabilities | ||||||||||||
| Short-term debt | — | — | $0 | $0 | $0 | $0 | $0 | $0 | — | $0 | — | — |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $1.0M | $101,000 | $1.7M | $1.9M | $449,000 | $258,000 | $2.8M | $719,000 | $556,000 | $389,000 | $1.3M | $552,000 |
| Total liabilities | $1.0M | $101,000 | $1.7M | $1.9M | $449,000 | $258,000 | $2.8M | $719,000 | $556,000 | $389,000 | $1.3M | $552,000 |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1.30B | $1.32B | $1.28B | $1.23B | $2.04B | $2.06B | $2.10B | $2.17B | $2.16B | $2.15B | $2.15B | $2.06B |
| Accumulated other comprehensive income | −$54.7M | −$19.8M | −$40.5M | −$48.8M | −$54.3M | −$63.3M | −$64.8M | −$68.3M | −$79.2M | −$84.2M | −$72.2M | −$52.1M |
| Total shareholders' equity | $1.24B | $1.26B | $1.24B | $1.18B | $1.98B | $2.00B | $2.03B | $2.10B | $2.09B | $2.07B | $2.08B | $1.97B |
| Key figures | ||||||||||||
| Total debt | — | — | $0 | $0 | $0 | $0 | $0 | $0 | — | $0 | — | — |
| Net cash (debt) | — | — | $0 | $0 | $0 | $0 | $832.0M | $0 | — | $0 | — | — |
| Tangible book value | $1.24B | $1.26B | $1.24B | $1.18B | $1.98B | $2.00B | −$1.78B | $2.10B | $2.09B | $2.07B | $1.91B | $1.97B |
| Book value per share | $13.33 | $13.63 | $13.66 | $12.68 | $17.92 | $18.05 | $17.82 | $18.40 | $18.13 | $18.03 | $18.61 | $17.43 |
| Shares outstanding | 93.3M | 92.5M | 90.6M | 92.8M | 110.6M | 110.6M | 114.0M | 114.0M | 115.0M | 114.7M | 111.6M | 113.2M |
| Debt / equity | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | 0.00 | — | — |
| Equity / assets | 99.8% | 100.0% | 99.8% | 99.8% | 100.0% | 100.0% | 99.9% | 100.0% | 100.0% | 100.0% | 99.9% | 100.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 12, 2026); data from EODHD.
AB financial position
At the end of fiscal 2025 (December 31, 2025), AllianceBernstein had total assets of $1.2 billion (down 39.1% from a year earlier), total liabilities of $1.7 million and shareholders' equity of $1.2 billion. In the latest quarter (ended June 30, 2026) total assets were $1.2 billion and equity $1.2 billion.
Related: AB income statement, AB cash flow statement, AB key metrics. See the AB stock overview for the latest quote and news.
AB balance sheet FAQ
What are AllianceBernstein's total assets?
AllianceBernstein reported total assets of $1.2 billion at the end of fiscal 2025 (December 31, 2025), compared with $2.0 billion a year earlier.
What is AllianceBernstein's book value?
AllianceBernstein's shareholders' equity (book value) was $1.2 billion at the end of fiscal 2025, or $12.24 per share.