Cabot Corporation (CBT) Balance Sheet

NYSE: CBTAssets, liabilities, debt and equity over 10 years.

CBT balance sheet, FY2025

September 30, 2025 · U.S. dollars

$3.81B assets = $2.11B liabilities + $1.71B equity

Both columns are drawn to the same scale: what CBT owns equals what it owes plus shareholders’ equity. Hover a block for its value.

CBT financial health

Current ratio1.61

Comfortable · current assets cover current liabilities 1.61×

Debt / equity0.78

Moderate leverage · $0.78 of debt for each $1 of equity

Equity / assets40.6%

Equity-funded · of assets funded by shareholders

Cash / debt21.2%

Low cash cover · cash & short-term investments vs total debt

Goodwill & intangibles5.0%

Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal FY2025.

CBT balance sheet trends, FY2016–FY2025

Cabot Corporation balance sheet trends
Metric	Then	Latest	Change
Total assets	$3.16BFY2016	$3.81BFY2025	+2.1%/yr
Total liabilities	$1.79BFY2016	$2.11BFY2025	+1.9%/yr
Shareholders’ equity	$1.27BFY2016	$1.55BFY2025	+2.2%/yr
Cash & short-term investments	$200.0MFY2016	$258.0MFY2025	+2.9%/yr
Total debt	$926.0MFY2016	$1.22BFY2025	+3.1%/yr
Net cash (debt)	−$726.0MFY2016	−$957.0MFY2025	−$231.0M
Working capital	$695.0MFY2016	$582.0MFY2025	−$113.0M
Book value per share	$20.25FY2016	$28.60FY2025	+3.9%/yr
Current ratio	2.65FY2016	1.61FY2025	−1.04
Debt / equity	0.73FY2016	0.78FY2025	+0.06
Shares outstanding	62.9MFY2016	54.2MFY2025	−1.6%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

CBT assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

CBT liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

CBT debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

CBT balance sheet

Cabot Corporation annual balance sheet
	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Assets
Cash & short-term investments	$258.0M	$223.0M	$238.0M	$206.0M	$168.0M	$151.0M	$169.0M	$175.0M	$280.0M	$200.0M
Cash & equivalents	$258.0M	$223.0M	$238.0M	$206.0M	$168.0M	$151.0M	$169.0M	$175.0M	$280.0M	$200.0M
Short-term investments	—	—	—	—	—	—	—	$0	$0	$0
Receivables	$671.0M	$733.0M	$695.0M	$836.0M	$645.0M	$418.0M	$530.0M	$637.0M	$527.0M	$456.0M
Inventory	$504.0M	$552.0M	$585.0M	$664.0M	$523.0M	$359.0M	$466.0M	$511.0M	$396.0M	$348.0M
Other current assets	$106.0M	$97.0M	$108.0M	$114.0M	$89.0M	$50.0M	$45.0M	$63.0M	$59.0M	$112.0M
Total current assets	$1.54B	$1.60B	$1.63B	$1.82B	$1.43B	$978.0M	$1.21B	$1.39B	$1.26B	$1.12B
Property, plant & equipment (net)	$1.71B	$1.53B	$1.41B	$1.27B	$1.38B	$1.31B	$1.35B	$1.30B	$1.30B	$1.29B
Goodwill & intangible assets	$189.0M	$186.0M	$194.0M	$192.0M	$240.0M	$237.0M	$186.0M	$191.0M	$291.0M	$292.0M
Long-term investments	$16.0M	$23.0M	$20.0M	$20.0M	$40.0M	$39.0M	$39.0M	$52.0M	$56.0M	$53.0M
Other non-current assets	$360.0M	$388.0M	$352.0M	$223.0M	$225.0M	$213.0M	$221.0M	$319.0M	$398.0M	$407.0M
Total assets	$3.81B	$3.74B	$3.60B	$3.52B	$3.31B	$2.78B	$3.00B	$3.24B	$3.31B	$3.16B
Liabilities
Accounts payable	$459.0M	$495.0M	$438.0M	$533.0M	$480.0M	$316.0M	$390.0M	$446.0M	$339.0M	$259.0M
Short-term debt	$274.0M	$67.0M	$182.0M	$354.0M	$445.0M	$21.0M	$40.0M	$284.0M	$263.0M	$8.0M
Deferred revenue	—	—	−$4.0M	$65.0M	—	—	—	$29.0M	−$97.0M	−$57.0M
Total current liabilities	$957.0M	$772.0M	$822.0M	$1.10B	$1.15B	$529.0M	$599.0M	$952.0M	$741.0M	$421.0M
Long-term debt	$856.0M	$1.09B	$1.09B	$1.09B	$717.0M	$1.09B	$1.02B	$719.0M	$661.0M	$918.0M
Lease obligations	$85.0M	$88.0M	$84.0M	$83.0M	$84.0M	$89.0M	—	—	—	—
Other long-term liabilities	$297.0M	$287.0M	$281.0M	$299.0M	$352.0M	$344.0M	$247.0M	$294.0M	$309.0M	$447.0M
Total liabilities	$2.11B	$2.15B	$2.20B	$2.49B	$2.22B	$1.97B	$1.87B	$1.97B	$1.71B	$1.79B
Shareholders' equity
Common stock & paid-in capital	$53.0M	$54.0M	$55.0M	$56.0M	$57.0M	$57.0M	$57.0M	$61.0M	$111.0M	$111.0M
Retained earnings (deficit)	$1.83B	$1.73B	$1.57B	$1.28B	$1.16B	$989.0M	$1.34B	$1.42B	$1.68B	$1.54B
Treasury stock	—	—	—	—	−$4.0M	−$4.0M	−$5.0M	−$7.0M	−$6.0M	−$7.0M
Accumulated other comprehensive income	−$335.0M	−$360.0M	−$362.0M	−$439.0M	−$289.0M	−$351.0M	−$391.0M	−$317.0M	−$259.0M	−$325.0M
Minority interest	$155.0M	$165.0M	$143.0M	$134.0M	$143.0M	$123.0M	—	$125.0M	$121.0M	$98.0M
Total shareholders' equity	$1.55B	$1.43B	$1.26B	$898.0M	$947.0M	$691.0M	$998.0M	$1.15B	$1.48B	$1.27B
Key figures
Total debt	$1.22B	$1.33B	$1.36B	$1.53B	$1.25B	$1.20B	$1.06B	$1.00B	$924.0M	$926.0M
Net cash (debt)	−$957.0M	−$1.11B	−$1.12B	−$1.32B	−$1.08B	−$1.05B	−$895.0M	−$828.0M	−$644.0M	−$726.0M
Working capital	$582.0M	$833.0M	$804.0M	$715.0M	$278.0M	$449.0M	$611.0M	$434.0M	$521.0M	$695.0M
Tangible book value	$1.36B	$1.24B	$1.07B	$706.0M	$707.0M	$454.0M	$812.0M	$963.0M	$1.19B	$982.0M
Book value per share	$28.60	$25.58	$22.37	$15.78	$16.67	$12.21	$16.97	$18.70	$23.60	$20.25
Shares outstanding	54.2M	55.7M	56.5M	56.9M	56.8M	56.6M	58.8M	61.7M	62.7M	62.9M
Current ratio	1.61	2.08	1.98	1.65	1.24	1.85	2.02	1.46	1.70	2.65
Quick ratio	0.97	1.24	1.14	0.94	0.71	1.08	1.17	0.85	1.09	1.56
Debt / equity	0.78	0.93	1.08	1.70	1.32	1.74	1.07	0.87	0.62	0.73
Equity / assets	40.6%	38.1%	35.1%	25.5%	28.6%	24.8%	33.2%	35.6%	44.7%	40.3%

Cabot Corporation quarterly balance sheet
	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	$250.0M	$252.0M	$230.0M	$258.0M	$239.0M	$213.0M	$183.0M	$223.0M	$197.0M	$206.0M	$244.0M	$238.0M
Cash & equivalents	$250.0M	$252.0M	$230.0M	$258.0M	$239.0M	$213.0M	$183.0M	$223.0M	$197.0M	$206.0M	$244.0M	$238.0M
Receivables	$731.0M	$657.0M	$616.0M	$671.0M	$689.0M	$739.0M	$677.0M	$733.0M	$732.0M	$744.0M	$726.0M	$695.0M
Inventory	$566.0M	$522.0M	$503.0M	$504.0M	$531.0M	$541.0M	$536.0M	$552.0M	$553.0M	$551.0M	$617.0M	$585.0M
Other current assets	$118.0M	$116.0M	$108.0M	$106.0M	$114.0M	$110.0M	$100.0M	$97.0M	$109.0M	$104.0M	$105.0M	$108.0M
Total current assets	$1.67B	$1.55B	$1.46B	$1.54B	$1.57B	$1.60B	$1.50B	$1.60B	$1.59B	$1.60B	$1.69B	$1.63B
Property, plant & equipment (net)	$1.74B	$1.75B	$1.73B	$1.71B	$1.67B	$1.60B	$1.56B	$1.53B	$1.43B	$1.43B	$1.44B	$1.41B
Goodwill & intangible assets	$189.0M	$189.0M	$190.0M	$189.0M	$189.0M	$183.0M	$184.0M	$186.0M	$187.0M	$196.0M	$199.0M	$194.0M
Long-term investments	$19.0M	$18.0M	$17.0M	$16.0M	$15.0M	$14.0M	$13.0M	$23.0M	$24.0M	$22.0M	$21.0M	$20.0M
Other non-current assets	$363.0M	$392.0M	$366.0M	$360.0M	$388.0M	$381.0M	$393.0M	$388.0M	$348.0M	$346.0M	$339.0M	$352.0M
Total assets	$3.98B	$3.90B	$3.76B	$3.81B	$3.84B	$3.78B	$3.64B	$3.74B	$3.58B	$3.60B	$3.69B	$3.60B
Liabilities
Accounts payable	$670.0M	$598.0M	$575.0M	$459.0M	$596.0M	$577.0M	$599.0M	$495.0M	$575.0M	$587.0M	$585.0M	$438.0M
Short-term debt	$445.0M	$436.0M	$272.0M	$274.0M	$110.0M	$199.0M	$109.0M	$67.0M	$57.0M	$96.0M	$214.0M	$182.0M
Deferred revenue	—	—	—	—	—	—	—	−$676.0M	—	—	−$554.0M	—
Total current liabilities	$1.14B	$1.07B	$874.0M	$957.0M	$740.0M	$818.0M	$747.0M	$772.0M	$717.0M	$718.0M	$830.0M	$822.0M
Long-term debt	$828.0M	$863.0M	$854.0M	$856.0M	$1.10B	$1.09B	$1.09B	$1.09B	$1.08B	$1.09B	$1.10B	$1.09B
Lease obligations	—	—	—	$85.0M	—	—	—	$88.0M	—	—	—	$84.0M
Other long-term liabilities	$278.0M	$279.0M	$300.0M	$297.0M	$309.0M	$286.0M	$291.0M	$287.0M	$284.0M	$283.0M	$292.0M	$281.0M
Total liabilities	$2.24B	$2.21B	$2.03B	$2.11B	$2.15B	$2.19B	$2.13B	$2.15B	$2.08B	$2.09B	$2.22B	$2.20B
Shareholders' equity
Common stock & paid-in capital	−$3.0M	$52.0M	−$3.0M	$53.0M	$53.0M	$54.0M	$54.0M	$54.0M	$55.0M	$55.0M	$55.0M	$55.0M
Retained earnings (deficit)	$1.82B	$1.83B	$1.84B	$1.83B	$1.85B	$1.80B	$1.77B	$1.73B	$1.68B	$1.63B	$1.58B	$1.57B
Accumulated other comprehensive income	−$267.0M	−$316.0M	−$310.0M	−$335.0M	−$355.0M	−$427.0M	−$457.0M	−$360.0M	−$382.0M	−$317.0M	−$305.0M	−$362.0M
Minority interest	$129.0M	$119.0M	$154.0M	$155.0M	$142.0M	—	—	—	—	—	—	—
Total shareholders' equity	$1.60B	$1.57B	$1.57B	$1.55B	$1.54B	$1.43B	$1.37B	$1.43B	$1.35B	$1.37B	$1.33B	$1.26B
Key figures
Total debt	$1.27B	$1.30B	$1.13B	$1.22B	$1.22B	$1.29B	$1.20B	$1.33B	$1.14B	$1.18B	$1.31B	$1.36B
Net cash (debt)	−$1.02B	−$1.05B	−$896.0M	−$957.0M	−$976.0M	−$1.08B	−$1.01B	−$1.11B	−$943.0M	−$978.0M	−$1.07B	−$1.12B
Working capital	$530.0M	$479.0M	$583.0M	$582.0M	$833.0M	$785.0M	$749.0M	$833.0M	$874.0M	$887.0M	$862.0M	$804.0M
Tangible book value	$1.42B	$1.38B	$1.39B	$1.36B	$1.35B	$1.24B	$1.18B	$1.24B	$1.16B	$1.17B	$1.13B	$1.07B
Book value per share	$30.87	$30.04	$29.77	$29.03	$28.64	$26.23	$24.84	$25.82	$24.17	$24.54	$23.82	$22.53
Shares outstanding	52.0M	52.2M	52.9M	53.4M	53.8M	54.4M	55.0M	55.2M	55.7M	55.7M	55.8M	56.1M
Current ratio	1.47	1.45	1.67	1.61	2.13	1.96	2.00	2.08	2.22	2.24	2.04	1.98
Quick ratio	0.86	0.85	0.97	0.97	1.25	1.16	1.15	1.24	1.30	1.32	1.17	1.14
Debt / equity	0.79	0.83	0.71	0.78	0.79	0.90	0.88	0.93	0.85	0.87	0.99	1.08
Equity / assets	40.4%	40.2%	41.9%	40.6%	40.2%	37.7%	37.5%	38.1%	37.6%	38.0%	36.0%	35.1%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed November 24, 2025); data from EODHD.

CBT financial position

At the end of fiscal 2025 (September 30, 2025), Cabot had total assets of $3.8 billion (up 2.1% from a year earlier), total liabilities of $2.1 billion and shareholders' equity of $1.6 billion. It held $258.0 million in cash and short-term investments against $1.2 billion of debt, net debt of $957.0 million. Its current ratio was 1.61. In the latest quarter (ended June 30, 2026) total assets were $4.0 billion and equity $1.6 billion.

Related: CBT income statement, CBT cash flow statement, CBT key metrics. See the CBT stock overview for the latest quote and news.

CBT balance sheet FAQ

What are Cabot's total assets?

Cabot reported total assets of $3.8 billion at the end of fiscal 2025 (September 30, 2025), compared with $3.7 billion a year earlier.

How much debt does Cabot have?

Cabot had $1.2 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.78.

How much cash does Cabot have?

Cabot held $258.0 million in cash and short-term investments at the end of fiscal 2025; with $1.2 billion of debt that is net debt of $957.0 million.

What is Cabot's book value?

Cabot's shareholders' equity (book value) was $1.6 billion at the end of fiscal 2025, or $28.60 per share.

What is Cabot's current ratio?

Cabot had current assets of $1.5 billion and current liabilities of $957.0 million, a current ratio of 1.61 (it can cover its short-term obligations).

How much goodwill does Cabot have?

Cabot carried $189.0 million of goodwill and intangible assets, 5.0% of total assets, at the end of fiscal 2025.