DXC Technology Company (DXC) Balance Sheet
DXC balance sheet, FY2026
March 31, 2026 · U.S. dollars$12.89B assets = $9.68B liabilities + $3.21B equity
Both columns are drawn to the same scale: what DXC owns equals what it owes plus shareholders’ equity. Hover a block for its value.
DXC financial health
Current ratio1.36
Adequate · current assets cover current liabilities 1.36×
Debt / equity1.44
Moderate leverage · $1.44 of debt for each $1 of equity
Equity / assets22.8%
Balanced · of assets funded by shareholders
Cash / debt40.9%
Low cash cover · cash & short-term investments vs total debt
Goodwill & intangibles16.6%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal FY2026.
DXC balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $8.66BFY2017 | $12.89BFY2026 | +4.5%/yr | |
| Total liabilities | $6.50BFY2017 | $9.68BFY2026 | +4.5%/yr | |
| Shareholders’ equity | $1.89BFY2017 | $2.94BFY2026 | +5.0%/yr | |
| Cash & short-term investments | $1.26BFY2017 | $1.74BFY2026 | +3.6%/yr | |
| Total debt | $2.96BFY2017 | $4.25BFY2026 | +4.1%/yr | |
| Net cash (debt) | −$1.70BFY2017 | −$2.51BFY2026 | −$810.0M | |
| Working capital | $297.0MFY2017 | $1.42BFY2026 | +$1.1B | |
| Book value per share | $13.45FY2017 | $16.46FY2026 | +2.3%/yr | |
| Current ratio | 1.10FY2017 | 1.36FY2026 | +0.26 | |
| Debt / equity | 1.57FY2017 | 1.44FY2026 | −0.13 | |
| Shares outstanding | 140.4MFY2017 | 178.7MFY2026 | +2.7%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
DXC assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
DXC liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
DXC debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
DXC balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $1.74B | $1.80B | $1.22B | $1.86B | $2.67B | $2.67B | $3.68B | $2.90B | $2.59B | $1.26B |
| Cash & equivalents | $1.74B | $1.80B | $1.22B | $1.86B | $2.67B | $2.67B | $3.68B | $2.90B | $2.59B | $1.26B |
| Short-term investments | — | — | — | — | — | — | — | — | $0 | — |
| Receivables | $2.97B | $2.97B | $3.25B | $3.44B | $3.85B | $3.85B | $4.39B | $5.18B | $5.48B | $1.64B |
| Inventory | $0 | $0 | $0 | $570.0M | $652.0M | $727.0M | $646.0M | $627.0M | $1.08B | $0 |
| Other current assets | $652.0M | $595.0M | $658.0M | $255.0M | $268.0M | $193.0M | $270.0M | $382.0M | $469.0M | $341.0M |
| Total current assets | $5.36B | $5.36B | $5.13B | $6.12B | $7.45B | $7.45B | $8.99B | $9.09B | $9.62B | $3.25B |
| Property, plant & equipment (net) | $1.78B | $1.89B | $2.40B | $2.89B | $3.54B | $3.54B | $4.97B | $3.18B | $3.36B | $903.0M |
| Goodwill & intangible assets | $2.14B | $2.17B | $2.66B | $3.11B | $4.00B | $4.00B | $8.62B | $13.54B | $14.80B | $3.65B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6.0M | $5.0M |
| Other non-current assets | $3.60B | $3.79B | $3.67B | $3.73B | $5.15B | $5.15B | $3.42B | $3.69B | $6.13B | $859.0M |
| Total assets | $12.89B | $13.21B | $13.87B | $15.85B | $20.14B | $20.14B | $26.01B | $29.50B | $33.92B | $8.66B |
| Liabilities | ||||||||||
| Accounts payable | $561.0M | $549.0M | $846.0M | $782.0M | $840.0M | $840.0M | $1.60B | $1.67B | $1.51B | $410.0M |
| Short-term debt | $752.0M | $1.11B | $553.0M | $817.0M | $1.29B | $1.29B | $1.76B | $2.42B | $1.92B | $738.0M |
| Deferred revenue | $748.0M | $762.0M | $866.0M | $1.05B | $1.05B | $1.05B | $1.02B | $1.72B | $1.77B | $556.0M |
| Total current liabilities | $3.94B | $4.41B | $4.39B | $5.19B | $6.85B | $6.85B | $7.89B | $9.34B | $9.85B | $2.95B |
| Long-term debt | $2.95B | $3.00B | $3.82B | $3.90B | $4.07B | $4.34B | $8.67B | $5.47B | $6.09B | $2.23B |
| Lease obligations | $869.0M | $949.0M | $1.20B | $965.0M | $1.85B | $1.46B | $1.99B | $482.0M | $771.0M | $37.0M |
| Other long-term liabilities | $2.79B | $2.31B | $2.59B | $2.94B | $3.85B | $3.57B | $4.31B | $2.96B | $4.14B | $1.32B |
| Total liabilities | $9.68B | $9.71B | $10.80B | $12.03B | $14.76B | $14.76B | $20.88B | $17.77B | $20.08B | $6.50B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $1.0M | $2.0M | $2.0M | $2.0M | $3.0M | $3.0M | $3.0M | $3.0M | $12.21B | $152.0M |
| Retained earnings (deficit) | −$2.94B | −$3.45B | −$3.84B | −$4.67B | −$4.45B | −$4.45B | −$5.18B | $478.0M | $1.30B | −$170.0M |
| Treasury stock | — | — | — | −$187.0M | −$173.0M | −$158.0M | −$152.0M | −$136.0M | −$85.0M | −$497.0M |
| Accumulated other comprehensive income | −$890.0M | −$762.0M | −$732.0M | −$774.0M | −$385.0M | −$385.0M | −$603.0M | −$244.0M | $58.0M | −$162.0M |
| Minority interest | $268.0M | $261.0M | $255.0M | $323.0M | $323.0M | $335.0M | $344.0M | $323.0M | $350.0M | — |
| Total shareholders' equity | $2.94B | $3.23B | $2.81B | $3.50B | $5.05B | $5.05B | $4.79B | $11.38B | $13.49B | $1.89B |
| Key figures | ||||||||||
| Total debt | $4.25B | $4.55B | $4.87B | $5.37B | $6.17B | $6.17B | $11.49B | $7.41B | $8.01B | $2.96B |
| Net cash (debt) | −$2.51B | −$2.75B | −$3.64B | −$3.51B | −$3.50B | −$3.50B | −$7.81B | −$4.51B | −$5.42B | −$1.70B |
| Working capital | $1.42B | $952.0M | $741.0M | $937.0M | $593.0M | $593.0M | $1.09B | −$247.0M | −$232.0M | $297.0M |
| Tangible book value | $802.0M | $1.06B | $149.0M | $389.0M | $1.06B | $1.06B | −$3.84B | −$2.16B | −$1.31B | −$1.76B |
| Book value per share | $16.46 | $17.46 | $14.14 | $15.27 | $19.80 | $19.88 | $18.51 | $40.45 | $46.54 | $13.45 |
| Shares outstanding | 178.7M | 184.9M | 198.8M | 229.0M | 255.2M | 254.1M | 258.6M | 281.4M | 289.8M | 140.4M |
| Current ratio | 1.36 | 1.22 | 1.17 | 1.18 | 1.09 | 1.09 | 1.14 | 0.97 | 0.98 | 1.10 |
| Quick ratio | 1.20 | 1.08 | 1.02 | 1.02 | 0.95 | 0.95 | 1.02 | 0.87 | 0.82 | 0.99 |
| Debt / equity | 1.44 | 1.41 | 1.73 | 1.53 | 1.22 | 1.22 | 2.40 | 0.65 | 0.59 | 1.57 |
| Equity / assets | 22.8% | 24.5% | 20.3% | 22.1% | 25.1% | 25.1% | 18.4% | 38.6% | 39.8% | 21.8% |
| 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 | $1.96B | $1.74B | $1.73B | $1.89B | $1.79B | $1.80B | $1.72B | $1.25B | $1.32B | $1.22B | $1.69B | $1.25B |
| Cash & equivalents | $1.96B | $1.74B | $1.73B | $1.89B | $1.79B | $1.80B | $1.72B | $1.25B | $1.32B | $1.22B | $1.69B | $1.25B |
| Receivables | $2.89B | $2.97B | $2.91B | $2.90B | $3.06B | $2.97B | $2.76B | $3.10B | $3.00B | $3.25B | $3.13B | $3.10B |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $555.0M | $559.0M |
| Other current assets | $664.0M | $652.0M | $631.0M | $655.0M | $628.0M | $595.0M | $593.0M | $658.0M | $650.0M | $658.0M | $153.0M | $99.0M |
| Total current assets | $5.51B | $5.36B | $5.27B | $5.44B | $5.48B | $5.36B | $5.08B | $5.01B | $4.96B | $5.13B | $5.53B | $5.01B |
| Property, plant & equipment (net) | $1.77B | $1.78B | $1.83B | $1.89B | $1.98B | $1.89B | $1.92B | $2.09B | $2.19B | $2.40B | $2.56B | $2.09B |
| Goodwill & intangible assets | $2.04B | $2.14B | $2.30B | $2.40B | $2.04B | $2.17B | $2.30B | $2.52B | $2.54B | $2.66B | $2.85B | $2.52B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $3.60B | $3.60B | $3.78B | $3.86B | $3.94B | $3.79B | $3.73B | $3.89B | $3.66B | $3.67B | $3.94B | $3.89B |
| Total assets | $12.93B | $12.89B | $13.18B | $13.58B | $13.44B | $13.21B | $13.03B | $13.50B | $13.35B | $13.87B | $14.89B | $13.50B |
| Liabilities | ||||||||||||
| Accounts payable | $689.0M | $561.0M | $582.0M | $709.0M | $650.0M | $549.0M | $563.0M | $708.0M | $676.0M | $846.0M | $870.0M | $708.0M |
| Short-term debt | $735.0M | $752.0M | $765.0M | $1.85B | $1.18B | $1.11B | $428.0M | $476.0M | $639.0M | $553.0M | $956.0M | $476.0M |
| Deferred revenue | $715.0M | $748.0M | $724.0M | $651.0M | $722.0M | $762.0M | $744.0M | $703.0M | $762.0M | $866.0M | $846.0M | $703.0M |
| Total current liabilities | $3.92B | $3.94B | $3.91B | $5.01B | $4.50B | $4.41B | $3.79B | $4.00B | $4.09B | $4.39B | $4.96B | $4.00B |
| Long-term debt | $0 | $2.95B | $3.09B | $2.37B | $3.10B | $3.00B | $3.64B | $3.83B | $3.55B | $3.58B | $3.88B | $3.79B |
| Lease obligations | — | $869.0M | $896.0M | $934.0M | $1.02B | $949.0M | $802.0M | $1.03B | $1.07B | $1.20B | $1.03B | $866.0M |
| Other long-term liabilities | $5.68B | $2.79B | $2.76B | $2.87B | $2.41B | $2.31B | $2.36B | $2.44B | $2.61B | $2.83B | $2.69B | $2.47B |
| Total liabilities | $9.60B | $9.68B | $9.76B | $10.25B | $10.01B | $9.71B | $9.78B | $10.27B | $10.25B | $10.80B | $11.53B | $10.27B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1.0M | $1.0M | $1.0M | $2.0M | $2.0M | $2.0M | $2.0M | $2.0M | $2.0M | $2.0M | $2.0M | $2.0M |
| Retained earnings (deficit) | −$2.60B | −$2.94B | −$2.93B | −$3.16B | −$3.35B | −$3.45B | −$3.71B | −$3.77B | −$3.81B | −$3.84B | −$3.76B | −$3.77B |
| Accumulated other comprehensive income | −$835.0M | −$890.0M | −$870.0M | −$881.0M | −$801.0M | −$762.0M | −$719.0M | −$663.0M | −$727.0M | −$732.0M | −$742.0M | −$663.0M |
| Minority interest | — | $268.0M | $268.0M | $265.0M | $262.0M | $261.0M | — | — | — | — | — | — |
| Total shareholders' equity | $3.06B | $2.94B | $3.15B | $3.07B | $3.17B | $3.23B | $2.99B | $2.98B | $2.85B | $2.81B | $3.11B | $2.98B |
| Key figures | ||||||||||||
| Total debt | $4.17B | $4.25B | $4.32B | $4.69B | $4.80B | $4.99B | $4.50B | $4.72B | $4.84B | $4.87B | $5.38B | $4.72B |
| Net cash (debt) | −$2.22B | −$2.51B | −$2.59B | −$2.81B | −$3.01B | −$3.19B | −$2.78B | −$3.48B | −$3.52B | −$3.64B | −$3.69B | −$3.48B |
| Working capital | $1.60B | $1.42B | $1.36B | $430.0M | $979.0M | $952.0M | $1.29B | $1.00B | $870.0M | $741.0M | $570.0M | $1.00B |
| Tangible book value | $1.01B | $802.0M | $848.0M | $675.0M | $1.12B | $1.06B | $686.0M | $459.0M | $308.0M | $149.0M | $252.0M | $459.0M |
| Book value per share | $18.39 | $16.46 | $17.46 | $17.14 | $17.13 | $17.47 | $16.18 | $16.21 | $15.58 | $15.53 | $16.19 | $14.68 |
| Shares outstanding | 166.3M | 178.7M | 180.2M | 179.2M | 185.0M | 184.8M | 184.8M | 183.9M | 182.9M | 181.1M | 191.9M | 203.1M |
| Current ratio | 1.41 | 1.36 | 1.35 | 1.09 | 1.22 | 1.22 | 1.34 | 1.25 | 1.21 | 1.17 | 1.11 | 1.25 |
| Quick ratio | 1.24 | 1.20 | 1.19 | 0.96 | 1.08 | 1.08 | 1.18 | 1.09 | 1.05 | 1.02 | 0.97 | 1.09 |
| Debt / equity | 1.37 | 1.44 | 1.37 | 1.53 | 1.51 | 1.55 | 1.51 | 1.58 | 1.70 | 1.73 | 1.73 | 1.58 |
| Equity / assets | 23.7% | 22.8% | 23.9% | 22.6% | 23.6% | 24.5% | 22.9% | 22.1% | 21.3% | 20.3% | 20.9% | 22.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed May 8, 2026); data from EODHD.
DXC financial position
At the end of fiscal 2026 (March 31, 2026), DXC Technology had total assets of $12.9 billion (down 2.4% from a year earlier), total liabilities of $9.7 billion and shareholders' equity of $2.9 billion. It held $1.7 billion in cash and short-term investments against $4.2 billion of debt, net debt of $2.5 billion. Its current ratio was 1.36. In the latest quarter (ended June 30, 2026) total assets were $12.9 billion and equity $3.1 billion.
Related: DXC income statement, DXC cash flow statement, DXC key metrics. See the DXC stock overview for the latest quote and news.
DXC balance sheet FAQ
What are DXC Technology's total assets?
DXC Technology reported total assets of $12.9 billion at the end of fiscal 2026 (March 31, 2026), compared with $13.2 billion a year earlier.
How much debt does DXC Technology have?
DXC Technology had $4.2 billion of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.44.
How much cash does DXC Technology have?
DXC Technology held $1.7 billion in cash and short-term investments at the end of fiscal 2026; with $4.2 billion of debt that is net debt of $2.5 billion.
What is DXC Technology's book value?
DXC Technology's shareholders' equity (book value) was $2.9 billion at the end of fiscal 2026, or $16.46 per share.
What is DXC Technology's current ratio?
DXC Technology had current assets of $5.4 billion and current liabilities of $3.9 billion, a current ratio of 1.36 (it can cover its short-term obligations).
How much goodwill does DXC Technology have?
DXC Technology carried $2.1 billion of goodwill and intangible assets, 16.6% of total assets, at the end of fiscal 2026.