Forgent Power Solutions, Inc. (FPS) Balance Sheet
FPS balance sheet, FY2026
June 30, 2026 · U.S. dollars$2.25B assets = $1.58B liabilities + $671.4M equity
Both columns are drawn to the same scale: what FPS owns equals what it owes plus shareholders’ equity. Hover a block for its value.
FPS financial health
Descriptive bands, not a rating. Fiscal FY2026.
FPS balance sheet trends, FY2024–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.35BFY2024 | $2.25BFY2026 | +28.9%/yr | |
| Total liabilities | $759.1MFY2024 | $1.58BFY2026 | +44.1%/yr | |
| Shareholders’ equity | $518.0MFY2024 | $564.3MFY2026 | +4.4%/yr | |
| Cash & short-term investments | $186.4MFY2024 | $121.7MFY2026 | −19.2%/yr | |
| Total debt | $523.4MFY2024 | $703.8MFY2026 | +16.0%/yr | |
| Net cash (debt) | −$337.0MFY2024 | −$582.1MFY2026 | −$245.1M | |
| Working capital | $197.9MFY2024 | $286.8MFY2026 | +$88.9M | |
| Book value per share | $2.24FY2024 | $1.85FY2026 | −9.1%/yr | |
| Current ratio | 2.04FY2024 | 1.54FY2026 | −0.50 | |
| Debt / equity | 1.01FY2024 | 1.25FY2026 | +0.24 | |
| Shares outstanding | 230.8MFY2024 | 304.4MFY2026 | +14.8%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
FPS assets
FPS liabilities and equity
FPS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
FPS balance sheet
| FY2026 | FY2025 | FY2024 | |
|---|---|---|---|
| Assets | |||
| Cash & short-term investments | $121.7M | $111.3M | $186.4M |
| Cash & equivalents | $121.7M | $111.3M | $186.4M |
| Receivables | $349.7M | $160.0M | $81.3M |
| Inventory | $249.8M | $117.6M | $83.1M |
| Other current assets | $96.9M | $56.3M | $36.5M |
| Total current assets | $818.1M | $445.1M | $387.3M |
| Property, plant & equipment (net) | $313.4M | $225.9M | $48.6M |
| Goodwill & intangible assets | $806.1M | $853.9M | $912.6M |
| Long-term investments | $0 | $0 | $0 |
| Other non-current assets | $310.5M | $11.7M | $3.5M |
| Total assets | $2.25B | $1.54B | $1.35B |
| Liabilities | |||
| Accounts payable | $130.5M | $61.9M | $26.8M |
| Short-term debt | $14.6M | $12.1M | $7.2M |
| Deferred revenue | — | $110.9M | $90.1M |
| Total current liabilities | $531.3M | $281.7M | $189.4M |
| Long-term debt | $576.2M | $496.9M | $500.0M |
| Lease obligations | $121.6M | $128.4M | $18.2M |
| Other long-term liabilities | $469.2M | $184.8M | $69.6M |
| Total liabilities | $1.58B | $963.4M | $759.1M |
| Shareholders' equity | |||
| Common stock & paid-in capital | $3,000 | $374.5M | $518.0M |
| Retained earnings (deficit) | $79.3M | $0 | — |
| Minority interest | $107.1M | $198.8M | $75.0M |
| Total shareholders' equity | $564.3M | $374.5M | $518.0M |
| Key figures | |||
| Total debt | $703.8M | $630.5M | $523.4M |
| Net cash (debt) | −$582.1M | −$519.2M | −$337.0M |
| Working capital | $286.8M | $163.5M | $197.9M |
| Tangible book value | −$241.8M | −$479.4M | −$394.6M |
| Book value per share | $1.85 | $1.62 | $2.24 |
| Shares outstanding | 304.4M | 230.8M | 230.8M |
| Current ratio | 1.54 | 1.58 | 2.04 |
| Quick ratio | 0.89 | 0.96 | 1.41 |
| Debt / equity | 1.25 | 1.68 | 1.01 |
| Equity / assets | 25.1% | 24.4% | 38.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | |
|---|---|---|---|---|---|
| Assets | |||||
| Cash & short-term investments | $121.7M | $93.8M | $106.2M | $81.4M | $111.3M |
| Cash & equivalents | $121.7M | $93.8M | $106.2M | $81.4M | $111.3M |
| Receivables | $349.7M | $274.6M | $251.0M | $189.3M | $160.0M |
| Inventory | $249.8M | $179.5M | $160.5M | $143.9M | $117.6M |
| Other current assets | $96.9M | $59.5M | $59.9M | $60.6M | $56.3M |
| Total current assets | $818.1M | $607.4M | $577.6M | $475.2M | $445.1M |
| Property, plant & equipment (net) | $313.4M | $290.2M | $271.0M | $250.5M | $225.9M |
| Goodwill & intangible assets | $806.1M | $816.9M | $828.6M | $841.1M | $853.9M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $310.5M | $138.8M | $19.9M | $14.6M | $11.7M |
| Total assets | $2.25B | $1.85B | $1.70B | $1.58B | $1.54B |
| Liabilities | |||||
| Accounts payable | $130.5M | $104.7M | $72.5M | $79.8M | $61.9M |
| Short-term debt | $14.6M | $14.3M | $12.3M | $12.5M | $12.1M |
| Deferred revenue | — | $133.5M | $154.9M | $105.0M | $110.9M |
| Total current liabilities | $531.3M | $370.2M | $346.9M | $313.6M | $281.7M |
| Long-term debt | $576.2M | $578.1M | $579.0M | $496.0M | $496.9M |
| Lease obligations | $121.6M | $123.4M | $125.3M | $126.9M | $128.4M |
| Other long-term liabilities | $469.2M | $322.4M | $181.7M | $183.8M | $184.8M |
| Total liabilities | $1.58B | $1.27B | $1.11B | $993.4M | $963.4M |
| Shareholders' equity | |||||
| Common stock & paid-in capital | $3,000 | $3,000 | $385.5M | $383.7M | — |
| Retained earnings (deficit) | $79.3M | $26.0M | $246,000 | −$15.2M | $0 |
| Accumulated other comprehensive income | — | — | $385.3M | — | — |
| Minority interest | $107.1M | $136.1M | $204.0M | $32.4M | $198.8M |
| Total shareholders' equity | $564.3M | $446.5M | $385.5M | $383.7M | $374.5M |
| Key figures | |||||
| Total debt | $703.8M | $707.6M | $708.8M | $628.1M | $630.5M |
| Net cash (debt) | −$582.1M | −$613.7M | −$602.6M | −$546.7M | −$519.2M |
| Working capital | $286.8M | $237.2M | $230.6M | $161.6M | $163.5M |
| Tangible book value | −$241.8M | −$370.4M | −$443.1M | −$457.5M | −$479.4M |
| Book value per share | $1.85 | $1.47 | $1.27 | $1.66 | $1.62 |
| Shares outstanding | 304.4M | 304.4M | 304.4M | 230.8M | 230.8M |
| Current ratio | 1.54 | 1.64 | 1.66 | 1.52 | 1.58 |
| Quick ratio | 0.89 | 1.00 | 1.03 | 0.86 | 0.96 |
| Debt / equity | 1.25 | 1.58 | 1.84 | 1.64 | 1.68 |
| Equity / assets | 25.1% | 24.1% | 22.7% | 24.3% | 24.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed September 15, 2026); data from EODHD.
FPS financial position
At the end of fiscal 2026 (June 30, 2026), Forgent Power Solutions had total assets of $2.2 billion (up 46.3% from a year earlier), total liabilities of $1.6 billion and shareholders' equity of $564.3 million. It held $121.7 million in cash and short-term investments against $703.8 million of debt, net debt of $582.1 million. Its current ratio was 1.54.
Related: FPS income statement, FPS cash flow statement, FPS key metrics. See the FPS stock overview for the latest quote and news.
FPS balance sheet FAQ
What are Forgent Power Solutions's total assets?
Forgent Power Solutions reported total assets of $2.2 billion at the end of fiscal 2026 (June 30, 2026), compared with $1.5 billion a year earlier.
How much debt does Forgent Power Solutions have?
Forgent Power Solutions had $703.8 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.25.
How much cash does Forgent Power Solutions have?
Forgent Power Solutions held $121.7 million in cash and short-term investments at the end of fiscal 2026; with $703.8 million of debt that is net debt of $582.1 million.
What is Forgent Power Solutions's book value?
Forgent Power Solutions's shareholders' equity (book value) was $564.3 million at the end of fiscal 2026, or $1.85 per share.
What is Forgent Power Solutions's current ratio?
Forgent Power Solutions had current assets of $818.1 million and current liabilities of $531.3 million, a current ratio of 1.54 (it can cover its short-term obligations).
How much goodwill does Forgent Power Solutions have?
Forgent Power Solutions carried $806.1 million of goodwill and intangible assets, 35.9% of total assets, at the end of fiscal 2026.