Ingram Micro Holding Corporation (INGM) Balance Sheet
INGM balance sheet, 2025
December 31, 2025 · U.S. dollars$21.24B assets = $17.00B liabilities + $4.25B equity
Both columns are drawn to the same scale: what INGM owns equals what it owes plus shareholders’ equity. Hover a block for its value.
INGM financial health
Descriptive bands, not a rating. Fiscal 2025.
INGM balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $13.72B2016 | $21.24B2025 | +5.0%/yr | |
| Total liabilities | $9.61B2016 | $17.00B2025 | +6.5%/yr | |
| Shareholders’ equity | $4.11B2016 | $4.25B2025 | +0.4%/yr | |
| Cash & short-term investments | $796.2M2016 | $1.86B2025 | +9.9%/yr | |
| Total debt | $1.39B2016 | $3.66B2025 | +11.3%/yr | |
| Net cash (debt) | −$596.1M2016 | −$1.79B2025 | −$1.2B | |
| Working capital | $3.22B2016 | $4.56B2025 | +$1.3B | |
| Book value per share | $19.892019 | $18.052025 | −1.6%/yr | |
| Current ratio | 1.372016 | 1.332025 | −0.04 | |
| Debt / equity | 0.342016 | 0.862025 | +0.52 | |
| Shares outstanding | 234.8M2019 | 235.4M2025 | +0.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
INGM assets
INGM liabilities and equity
INGM debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
INGM balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $1.86B | $918.4M | $948.5M | $1.32B | $1.23B | $1.41B | $671.8M | $533.9M | $549.6M | $796.2M |
| Cash & equivalents | $1.86B | $918.4M | $948.5M | $1.32B | $1.23B | $1.41B | $671.8M | $533.9M | $549.6M | $796.2M |
| Receivables | $10.55B | $9.45B | $8.99B | $8.78B | $8.52B | $8.48B | $7.90B | $7.76B | $7.63B | $6.35B |
| Inventory | $4.97B | $4.70B | $4.66B | $5.36B | $5.29B | $4.65B | $4.19B | $4.51B | $4.47B | $3.90B |
| Other current assets | $859.3M | $734.9M | $757.4M | $713.6M | $1.64B | $587.5M | $688.6M | $669.0M | $633.1M | $756.2M |
| Total current assets | $18.24B | $15.80B | $15.35B | $16.17B | $16.68B | $15.13B | $13.46B | $13.47B | $13.28B | $11.81B |
| Property, plant & equipment (net) | $935.1M | $895.2M | $883.3M | $722.1M | $733.6M | $994.7M | $455.4M | $421.0M | $417.4M | $381.9M |
| Goodwill & intangible assets | $1.57B | $1.61B | $1.73B | $1.80B | $1.94B | $1.19B | $1.20B | $1.26B | $1.38B | $1.35B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $502.1M | $477.1M | $450.5M | $389.0M | $444.7M | $425.3M | $360.3M | $317.3M | $299.9M | $176.6M |
| Total assets | $21.24B | $18.78B | $18.42B | $19.09B | $19.80B | $17.73B | $15.47B | $15.46B | $15.37B | $13.72B |
| Liabilities | ||||||||||
| Accounts payable | $11.96B | $10.01B | $9.23B | $9.85B | $9.81B | $9.69B | $8.09B | $8.58B | $7.76B | $7.17B |
| Short-term debt | $554.1M | $278.7M | $371.3M | $288.6M | $275.0M | $222.8M | $142.4M | $175.2M | $127.5M | $559.8M |
| Total current liabilities | $13.68B | $11.31B | $10.66B | $11.31B | $11.98B | $11.16B | $9.30B | $9.59B | $8.77B | $8.59B |
| Long-term debt | $2.75B | $3.17B | $3.66B | $4.17B | $4.64B | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $459.4M | $463.4M | $471.7M | $410.9M | $336.6M | — | — | — | — | — |
| Other long-term liabilities | $565.2M | $571.0M | $593.0M | $548.1M | $478.7M | $1.56B | $1.51B | $1.48B | $2.28B | $1.01B |
| Total liabilities | $17.00B | $15.05B | $14.91B | $16.03B | $17.10B | $12.72B | $10.80B | $11.07B | $11.05B | $9.61B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $2.4M | $2.3M | — | — | — | — | $4.67B | $4.40B | $4.32B | $4.11B |
| Retained earnings (deficit) | $1.59B | $1.34B | $1.08B | $737.5M | $96.7M | $4.41B | — | — | — | — |
| Accumulated other comprehensive income | −$263.2M | −$509.7M | −$231.5M | −$337.5M | −$61.3M | −$185.2M | — | — | — | — |
| Total shareholders' equity | $4.25B | $3.73B | $3.51B | $3.06B | $2.69B | $5.01B | $4.67B | $4.40B | $4.32B | $4.11B |
| Key figures | ||||||||||
| Total debt | $3.66B | $3.82B | $4.40B | $4.79B | $5.16B | $1.57B | $1.48B | $1.49B | $2.11B | $1.39B |
| Net cash (debt) | −$1.79B | −$2.90B | −$3.45B | −$3.47B | −$3.93B | −$163.4M | −$808.4M | −$954.6M | −$1.56B | −$596.1M |
| Working capital | $4.56B | $4.49B | $4.69B | $4.87B | $4.69B | $3.97B | $4.16B | $3.88B | $4.51B | $3.22B |
| Tangible book value | $2.68B | $2.13B | $1.77B | $1.26B | $752.3M | $3.83B | $3.47B | $3.14B | $2.95B | $2.76B |
| Book value per share | $18.05 | $16.62 | $14.93 | $13.02 | $11.47 | $21.34 | $19.89 | — | — | — |
| Shares outstanding | 235.4M | 224.7M | 234.8M | 234.8M | 234.8M | 234.8M | 234.8M | — | — | — |
| Current ratio | 1.33 | 1.40 | 1.44 | 1.43 | 1.39 | 1.36 | 1.45 | 1.40 | 1.51 | 1.37 |
| Quick ratio | 0.91 | 0.92 | 0.93 | 0.89 | 0.81 | 0.89 | 0.92 | 0.86 | 0.93 | 0.83 |
| Debt / equity | 0.86 | 1.02 | 1.25 | 1.56 | 1.91 | 0.31 | 0.32 | 0.34 | 0.49 | 0.34 |
| Equity / assets | 20.0% | 19.9% | 19.0% | 16.0% | 13.6% | 28.3% | 30.2% | 28.4% | 28.1% | 30.0% |
| 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 | $809.0M | $916.0M | $1.86B | $802.6M | $856.7M | $881.6M | $918.4M | $849.5M | $928.8M | $857.6M | $948.5M | $864.6M |
| Cash & equivalents | $809.0M | $916.0M | $1.86B | $802.6M | $856.7M | $881.6M | $918.4M | $849.5M | $928.8M | $857.6M | $948.5M | $864.6M |
| Receivables | $10.68B | $10.88B | $10.55B | $9.19B | $9.15B | $8.94B | $9.45B | $8.87B | $8.12B | $8.30B | $8.99B | $8.74B |
| Inventory | $6.02B | $5.18B | $4.97B | $5.37B | $5.51B | $5.04B | $4.70B | $4.94B | $4.74B | $4.68B | $4.66B | $4.82B |
| Other current assets | $1.02B | $948.7M | $859.3M | $856.5M | $944.9M | $786.2M | $734.9M | $819.5M | $784.2M | $735.8M | $757.4M | $1.07B |
| Total current assets | $18.53B | $17.92B | $18.24B | $16.22B | $16.46B | $15.65B | $15.80B | $15.48B | $14.57B | $14.57B | $15.35B | $15.50B |
| Property, plant & equipment (net) | $918.7M | $938.7M | $935.1M | $937.1M | $923.9M | $912.2M | $895.2M | $904.4M | $886.2M | $900.4M | $883.3M | $853.6M |
| Goodwill & intangible assets | $1.51B | $1.54B | $1.57B | $1.58B | $1.57B | $1.60B | $1.61B | $1.66B | $1.67B | $1.70B | $1.73B | $1.73B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $566.6M | $547.2M | $502.1M | $484.8M | $495.0M | $468.1M | $477.1M | $511.5M | $487.1M | $483.3M | $450.5M | $502.6M |
| Total assets | $21.53B | $20.95B | $21.24B | $19.22B | $19.45B | $18.63B | $18.78B | $18.56B | $17.61B | $17.65B | $18.42B | $18.58B |
| Liabilities | ||||||||||||
| Accounts payable | $11.80B | $11.64B | $11.96B | $9.61B | $10.05B | $9.62B | $10.01B | $9.47B | $8.92B | $8.52B | $9.23B | $9.39B |
| Short-term debt | $1.34B | $892.9M | $554.1M | $832.2M | $786.2M | $553.9M | $278.7M | $598.7M | $309.4M | $457.0M | $371.3M | $452.1M |
| Total current liabilities | $14.16B | $13.64B | $13.68B | $11.48B | $11.81B | $11.17B | $11.31B | $11.04B | $10.16B | $9.98B | $10.66B | $11.08B |
| Long-term debt | $2.56B | $2.55B | $2.75B | $3.06B | $3.04B | $3.03B | $3.17B | $3.34B | $3.42B | $3.58B | $3.66B | $3.62B |
| Lease obligations | $446.7M | $464.7M | $459.4M | $476.6M | $451.2M | $476.9M | $463.4M | $463.5M | $457.1M | $475.3M | $471.7M | $459.3M |
| Other long-term liabilities | $525.6M | $549.2M | $565.2M | $584.6M | $560.1M | $567.8M | $571.0M | $567.1M | $564.7M | $599.8M | $593.0M | $652.5M |
| Total liabilities | $17.25B | $16.74B | $17.00B | $15.12B | $15.41B | $14.77B | $15.05B | $14.95B | $14.15B | $14.17B | $14.91B | $15.35B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $2.4M | $2.4M | $2.4M | $2.3M | $2.3M | $2.3M | $2.3M | $2.2M | — | — | $2.2M | — |
| Retained earnings (deficit) | $1.75B | $1.67B | $1.59B | $1.48B | $1.40B | $1.39B | $1.34B | $1.25B | $1.18B | $1.14B | $1.08B | $943.3M |
| Accumulated other comprehensive income | −$312.6M | −$324.6M | −$263.2M | −$303.6M | −$271.2M | −$435.5M | −$509.7M | −$286.4M | −$371.6M | −$315.6M | −$231.5M | −$370.5M |
| Total shareholders' equity | $4.28B | $4.20B | $4.25B | $4.10B | $4.05B | $3.86B | $3.73B | $3.61B | $3.46B | $3.48B | $3.51B | $3.23B |
| Key figures | ||||||||||||
| Total debt | $4.24B | $3.81B | $3.66B | $4.27B | $4.18B | $3.96B | $3.82B | $4.30B | $4.09B | $4.41B | $4.40B | $4.43B |
| Net cash (debt) | −$3.43B | −$2.89B | −$1.79B | −$3.47B | −$3.32B | −$3.08B | −$2.90B | −$3.45B | −$3.16B | −$3.55B | −$3.45B | −$3.57B |
| Working capital | $4.37B | $4.29B | $4.56B | $4.74B | $4.66B | $4.48B | $4.49B | $4.44B | $4.41B | $4.59B | $4.69B | $4.42B |
| Tangible book value | $2.77B | $2.67B | $2.68B | $2.52B | $2.48B | $2.26B | $2.13B | $1.95B | $1.79B | $1.79B | $1.77B | $1.50B |
| Book value per share | $18.43 | $17.94 | $18.07 | $17.41 | $17.23 | $16.44 | $15.90 | $15.39 | $14.75 | $14.83 | $14.93 | $13.76 |
| Shares outstanding | 232.2M | 234.4M | 235.1M | 235.6M | 234.9M | 234.9M | 234.8M | 234.8M | 234.8M | 234.8M | 234.8M | 234.8M |
| Current ratio | 1.31 | 1.31 | 1.33 | 1.41 | 1.39 | 1.40 | 1.40 | 1.40 | 1.43 | 1.46 | 1.44 | 1.40 |
| Quick ratio | 0.81 | 0.86 | 0.91 | 0.87 | 0.85 | 0.88 | 0.92 | 0.88 | 0.89 | 0.92 | 0.93 | 0.87 |
| Debt / equity | 0.99 | 0.91 | 0.86 | 1.04 | 1.03 | 1.03 | 1.02 | 1.19 | 1.18 | 1.27 | 1.25 | 1.37 |
| Equity / assets | 19.9% | 20.1% | 20.0% | 21.3% | 20.8% | 20.7% | 19.9% | 19.5% | 19.7% | 19.7% | 19.0% | 17.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 3, 2026); data from EODHD.
INGM financial position
At the end of fiscal 2025 (December 31, 2025), Ingram Micro had total assets of $21.2 billion (up 13.1% from a year earlier), total liabilities of $17.0 billion and shareholders' equity of $4.2 billion. It held $1.9 billion in cash and short-term investments against $3.7 billion of debt, net debt of $1.8 billion. Its current ratio was 1.33. In the latest quarter (ended June 30, 2026) total assets were $21.5 billion and equity $4.3 billion.
Related: INGM income statement, INGM cash flow statement, INGM key metrics. See the INGM stock overview for the latest quote and news.
INGM balance sheet FAQ
What are Ingram Micro's total assets?
Ingram Micro reported total assets of $21.2 billion at the end of fiscal 2025 (December 31, 2025), compared with $18.8 billion a year earlier.
How much debt does Ingram Micro have?
Ingram Micro had $3.7 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.86.
How much cash does Ingram Micro have?
Ingram Micro held $1.9 billion in cash and short-term investments at the end of fiscal 2025; with $3.7 billion of debt that is net debt of $1.8 billion.
What is Ingram Micro's book value?
Ingram Micro's shareholders' equity (book value) was $4.2 billion at the end of fiscal 2025, or $18.05 per share.
What is Ingram Micro's current ratio?
Ingram Micro had current assets of $18.2 billion and current liabilities of $13.7 billion, a current ratio of 1.33 (it can cover its short-term obligations).
How much goodwill does Ingram Micro have?
Ingram Micro carried $1.6 billion of goodwill and intangible assets, 7.4% of total assets, at the end of fiscal 2025.