ACCO Brands Corporation (ACCO) Balance Sheet
ACCO balance sheet, 2025
December 31, 2025 · U.S. dollars$2.25B assets = $1.59B liabilities + $664.6M equity
Both columns are drawn to the same scale: what ACCO owns equals what it owes plus shareholders’ equity. Hover a block for its value.
ACCO financial health
Descriptive bands, not a rating. Fiscal 2025.
ACCO balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $2.06B2016 | $2.25B2025 | +1.0%/yr | |
| Total liabilities | $1.36B2016 | $1.59B2025 | +1.8%/yr | |
| Shareholders’ equity | $708.7M2016 | $664.6M2025 | −0.7%/yr | |
| Cash & short-term investments | $42.9M2016 | $64.4M2025 | +4.6%/yr | |
| Total debt | $696.2M2016 | $920.8M2025 | +3.2%/yr | |
| Net cash (debt) | −$653.3M2016 | −$856.4M2025 | −$203.1M | |
| Working capital | $264.3M2016 | $285.0M2025 | +$20.7M | |
| Book value per share | $6.492016 | $7.072025 | +1.0%/yr | |
| Current ratio | 1.652016 | 1.612025 | −0.04 | |
| Debt / equity | 0.982016 | 1.392025 | +0.40 | |
| Shares outstanding | 109.2M2016 | 94.0M2025 | −1.7%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
ACCO assets
ACCO liabilities and equity
ACCO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
ACCO balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $64.4M | $74.1M | $66.4M | $62.2M | $41.2M | $36.6M | $27.8M | $67.0M | $76.9M | $42.9M |
| Cash & equivalents | $64.4M | $74.1M | $66.4M | $62.2M | $41.2M | $36.6M | $27.8M | $67.0M | $76.9M | $42.9M |
| Short-term investments | — | — | — | — | — | — | — | — | $0 | $0 |
| Receivables | $359.7M | $348.9M | $430.7M | $384.1M | $416.1M | $356.0M | $453.7M | $428.4M | $469.3M | $391.0M |
| Inventory | $289.1M | $270.4M | $327.5M | $395.2M | $428.0M | $305.1M | $283.3M | $340.6M | $254.2M | $210.0M |
| Other current assets | $37.1M | $38.1M | $30.8M | $40.8M | $39.6M | $30.5M | $41.2M | $44.2M | $29.2M | $26.8M |
| Total current assets | $750.3M | $731.5M | $855.4M | $882.3M | $924.9M | $728.2M | $806.0M | $880.2M | $829.6M | $670.7M |
| Property, plant & equipment (net) | $606.4M | $218.5M | $261.1M | $273.9M | $319.8M | $330.6M | $369.0M | $263.7M | $279.6M | $198.4M |
| Goodwill & intangible assets | $1.18B | $1.16B | $1.41B | $1.52B | $1.70B | $1.80B | $1.48B | $1.50B | $1.51B | $1.15B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $0 | $122.4M | $122.6M | $120.0M | $141.9M | $185.5M | $136.4M | $146.6M | $180.8M | $42.6M |
| Total assets | $2.25B | $2.23B | $2.64B | $2.79B | $3.09B | $3.05B | $2.79B | $2.79B | $2.80B | $2.06B |
| Liabilities | ||||||||||
| Accounts payable | $186.7M | $167.3M | $183.7M | $239.5M | $308.2M | $180.2M | $245.7M | $274.6M | $178.2M | $135.1M |
| Short-term debt | $51.3M | $72.8M | $57.2M | $81.2M | $67.4M | $99.1M | $55.0M | $39.5M | $43.2M | $68.5M |
| Deferred revenue | — | — | $157.3M | $115.9M | $158.3M | $136.5M | $148.2M | $157.3M | $203.2M | $138.1M |
| Total current liabilities | $465.3M | $490.3M | $542.0M | $589.0M | $708.6M | $556.9M | $588.8M | $599.2M | $538.4M | $406.4M |
| Long-term debt | $806.0M | $783.3M | $882.2M | $936.5M | $954.1M | $1.05B | $777.2M | $843.0M | $889.2M | $627.7M |
| Lease obligations | $84.0M | $88.4M | $97.3M | $96.4M | $113.4M | $99.1M | $111.6M | — | — | — |
| Other long-term liabilities | $317.1M | $348.7M | $433.6M | $459.1M | $563.8M | $694.5M | $648.9M | $554.5M | $597.4M | $321.7M |
| Total liabilities | $1.59B | $1.62B | $1.86B | $1.98B | $2.23B | $2.31B | $2.01B | $2.00B | $2.02B | $1.36B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.1M | $1.1M | $1.1M |
| Retained earnings (deficit) | −$675.3M | −$687.6M | −$556.0M | −$504.4M | −$462.0M | −$537.3M | −$574.2M | −$656.8M | −$739.2M | −$871.7M |
| Treasury stock | — | — | — | −$43.4M | −$40.9M | −$39.9M | −$38.2M | −$33.9M | −$26.4M | −$17.0M |
| Accumulated other comprehensive income | −$522.6M | −$572.1M | −$526.3M | −$540.3M | −$535.5M | −$564.2M | −$505.7M | −$461.7M | −$461.1M | −$419.4M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $664.6M | $606.1M | $787.0M | $810.1M | $864.8M | $742.7M | $773.7M | $789.7M | $774.1M | $708.7M |
| Key figures | ||||||||||
| Total debt | $920.8M | $923.0M | $1.02B | $1.09B | $1.11B | $1.23B | $922.0M | $882.5M | $932.4M | $696.2M |
| Net cash (debt) | −$856.4M | −$848.9M | −$949.8M | −$1.03B | −$1.07B | −$1.19B | −$894.2M | −$815.5M | −$855.5M | −$653.3M |
| Working capital | $285.0M | $241.2M | $313.4M | $293.3M | $216.3M | $171.3M | $217.2M | $281.0M | $291.2M | $264.3M |
| Tangible book value | −$510.8M | −$549.9M | −$618.7M | −$708.4M | −$839.9M | −$1.06B | −$703.5M | −$706.2M | −$735.0M | −$444.1M |
| Book value per share | $7.07 | $6.34 | $8.26 | $8.50 | $8.91 | $7.73 | $7.66 | $7.38 | $6.98 | $6.49 |
| Shares outstanding | 94.0M | 95.6M | 95.3M | 95.3M | 97.1M | 96.1M | 101.0M | 107.0M | 110.9M | 109.2M |
| Current ratio | 1.61 | 1.49 | 1.58 | 1.50 | 1.31 | 1.31 | 1.37 | 1.47 | 1.54 | 1.65 |
| Quick ratio | 0.91 | 0.86 | 0.92 | 0.76 | 0.65 | 0.70 | 0.82 | 0.83 | 1.01 | 1.07 |
| Debt / equity | 1.39 | 1.52 | 1.29 | 1.35 | 1.28 | 1.66 | 1.19 | 1.12 | 1.20 | 0.98 |
| Equity / assets | 29.5% | 27.2% | 29.8% | 29.0% | 28.0% | 24.4% | 27.7% | 28.3% | 27.7% | 34.3% |
| 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 | $106.4M | $118.9M | $64.4M | $82.5M | $133.3M | $134.6M | $74.1M | $102.0M | $112.7M | $124.6M | $66.4M | $73.7M |
| Cash & equivalents | $106.4M | $118.9M | $64.4M | $82.5M | $133.3M | $134.6M | $74.1M | $102.0M | $112.7M | $124.6M | $66.4M | $73.7M |
| Receivables | $374.2M | $277.6M | $359.7M | $296.4M | $348.8M | $246.4M | $348.9M | $325.7M | $369.1M | $274.8M | $430.7M | $351.7M |
| Inventory | $327.6M | $356.0M | $289.1M | $315.3M | $313.8M | $314.7M | $270.4M | $324.8M | $330.0M | $348.8M | $327.5M | $368.5M |
| Other current assets | $51.0M | $45.0M | $37.1M | $38.3M | $40.0M | $47.0M | $38.1M | $41.5M | $46.6M | $49.6M | $30.8M | $41.1M |
| Total current assets | $859.2M | $797.5M | $750.3M | $732.5M | $835.9M | $742.7M | $731.5M | $794.0M | $858.4M | $797.8M | $855.4M | $835.0M |
| Property, plant & equipment (net) | $207.2M | $625.2M | $606.4M | $222.3M | $226.0M | $588.1M | $218.5M | $240.0M | $242.9M | $254.8M | $261.1M | $254.6M |
| Goodwill & intangible assets | $1.14B | $1.16B | $1.18B | $1.18B | $1.19B | $1.18B | $1.16B | $1.20B | $1.20B | $1.38B | $1.41B | $1.48B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $113.7M | $0 | $0 | $122.4M | $124.4M | $0 | $122.4M | $123.6M | $117.1M | $116.0M | $122.6M | $114.9M |
| Total assets | $2.32B | $2.28B | $2.25B | $2.26B | $2.38B | $2.27B | $2.23B | $2.36B | $2.41B | $2.54B | $2.64B | $2.68B |
| Liabilities | ||||||||||||
| Accounts payable | $168.4M | $184.2M | $186.7M | $175.7M | $172.3M | $173.7M | $167.3M | $182.4M | $174.5M | $170.1M | $183.7M | $173.0M |
| Short-term debt | $54.2M | $70.6M | $51.3M | $58.5M | $61.6M | $56.4M | $72.8M | $81.5M | $82.6M | $77.9M | $57.2M | $89.3M |
| Deferred revenue | — | — | — | — | — | — | — | — | — | — | $157.3M | $144.1M |
| Total current liabilities | $435.4M | $450.3M | $465.3M | $436.6M | $452.9M | $421.4M | $490.3M | $497.7M | $484.3M | $473.3M | $542.0M | $518.9M |
| Long-term debt | $0 | $848.0M | $806.0M | $837.7M | $944.1M | $897.8M | $783.3M | $849.8M | $917.5M | $897.5M | $882.2M | $892.2M |
| Lease obligations | — | $81.4M | $84.0M | $88.8M | $91.0M | $91.6M | $88.4M | $93.6M | $95.5M | $98.4M | $97.3M | $93.1M |
| Other long-term liabilities | $1.20B | $303.4M | $317.1M | $340.2M | $343.3M | $343.3M | $348.7M | $394.5M | $394.5M | $414.3M | $433.6M | $434.6M |
| Total liabilities | $1.63B | $1.60B | $1.59B | $1.61B | $1.74B | $1.66B | $1.62B | $1.74B | $1.80B | $1.79B | $1.86B | $1.85B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M |
| Retained earnings (deficit) | −$656.9M | −$663.7M | −$675.3M | −$689.2M | −$686.4M | −$708.5M | −$687.6M | −$700.7M | −$702.7M | −$569.7M | −$556.0M | −$488.9M |
| Accumulated other comprehensive income | −$518.6M | −$520.0M | −$522.6M | −$526.6M | −$535.4M | −$544.1M | −$572.1M | −$548.9M | −$555.9M | −$544.6M | −$526.3M | −$537.5M |
| Total shareholders' equity | $691.1M | $680.2M | $664.6M | $644.0M | $637.3M | $606.1M | $606.1M | $615.5M | $617.1M | $758.5M | $787.0M | $838.0M |
| Key figures | ||||||||||||
| Total debt | $1.01B | $978.7M | $920.8M | $962.3M | $1.07B | $1.02B | $923.0M | $1.00B | $1.08B | $1.05B | $1.02B | $1.06B |
| Net cash (debt) | −$900.1M | −$859.8M | −$856.4M | −$879.8M | −$940.5M | −$888.7M | −$848.9M | −$900.6M | −$962.5M | −$928.6M | −$949.8M | −$981.7M |
| Working capital | $423.8M | $347.2M | $285.0M | $295.9M | $383.0M | $321.3M | $241.2M | $296.3M | $374.1M | $324.5M | $313.4M | $316.1M |
| Tangible book value | −$453.1M | −$475.5M | −$510.8M | −$537.3M | −$554.0M | −$576.2M | −$549.9M | −$584.4M | −$577.9M | −$616.5M | −$618.7M | −$641.2M |
| Book value per share | $7.23 | $7.12 | $7.09 | $6.90 | $6.85 | $6.50 | $6.32 | $6.31 | $6.38 | $7.93 | $8.25 | $8.67 |
| Shares outstanding | 95.6M | 95.5M | 93.8M | 93.3M | 93.1M | 93.3M | 95.9M | 97.5M | 96.8M | 95.7M | 95.4M | 96.7M |
| Current ratio | 1.97 | 1.77 | 1.61 | 1.68 | 1.85 | 1.76 | 1.49 | 1.60 | 1.77 | 1.69 | 1.58 | 1.61 |
| Quick ratio | 1.10 | 0.88 | 0.91 | 0.87 | 1.06 | 0.90 | 0.86 | 0.86 | 0.99 | 0.84 | 0.92 | 0.82 |
| Debt / equity | 1.46 | 1.44 | 1.39 | 1.49 | 1.68 | 1.69 | 1.52 | 1.63 | 1.74 | 1.39 | 1.29 | 1.26 |
| Equity / assets | 29.7% | 29.8% | 29.5% | 28.5% | 26.8% | 26.7% | 27.2% | 26.1% | 25.6% | 29.8% | 29.8% | 31.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 9, 2026); data from EODHD.
ACCO financial position
At the end of fiscal 2025 (December 31, 2025), ACCO Brands had total assets of $2.3 billion (up 1.1% from a year earlier), total liabilities of $1.6 billion and shareholders' equity of $664.6 million. It held $64.4 million in cash and short-term investments against $920.8 million of debt, net debt of $856.4 million. Its current ratio was 1.61. In the latest quarter (ended June 30, 2026) total assets were $2.3 billion and equity $691.1 million.
Related: ACCO income statement, ACCO cash flow statement, ACCO key metrics. See the ACCO stock overview for the latest quote and news.
ACCO balance sheet FAQ
What are ACCO Brands's total assets?
ACCO Brands reported total assets of $2.3 billion at the end of fiscal 2025 (December 31, 2025), compared with $2.2 billion a year earlier.
How much debt does ACCO Brands have?
ACCO Brands had $920.8 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.39.
How much cash does ACCO Brands have?
ACCO Brands held $64.4 million in cash and short-term investments at the end of fiscal 2025; with $920.8 million of debt that is net debt of $856.4 million.
What is ACCO Brands's book value?
ACCO Brands's shareholders' equity (book value) was $664.6 million at the end of fiscal 2025, or $7.07 per share.
What is ACCO Brands's current ratio?
ACCO Brands had current assets of $750.3 million and current liabilities of $465.3 million, a current ratio of 1.61 (it can cover its short-term obligations).
How much goodwill does ACCO Brands have?
ACCO Brands carried $1.2 billion of goodwill and intangible assets, 52.2% of total assets, at the end of fiscal 2025.