Reynolds Consumer Products Inc. (REYN) Balance Sheet

NASDAQ: REYNAssets, liabilities, debt and equity over 9 years.

REYN balance sheet, 2025

December 31, 2025 · U.S. dollars

$4.94B assets = $2.68B liabilities + $2.25B equity

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

REYN financial health

Current ratio1.93

Comfortable · current assets cover current liabilities 1.93×

Debt / equity0.78

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

Equity / assets45.6%

Equity-funded · of assets funded by shareholders

Cash / debt8.3%

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

Goodwill & intangibles57.5%

Mostly intangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

REYN balance sheet trends, 2017–2025

Reynolds Consumer Products Inc. balance sheet trends
Metric	Then	Latest	Change
Total assets	$5.91B2017	$4.94B2025	−2.2%/yr
Total liabilities	$7.21B2017	$2.68B2025	−11.6%/yr
Shareholders’ equity	−$1.30B2017	$2.25B2025	—
Cash & short-term investments	$23.0M2017	$147.0M2025	+26.1%/yr
Total debt	$5.98B2017	$1.76B2025	−14.1%/yr
Net cash (debt)	−$5.95B2017	−$1.62B2025	+$4.3B
Working capital	−$4.00B2017	$539.0M2025	+$4.5B
Book value per share	−$6.402017	$10.712025	—
Current ratio	0.112017	1.932025	+1.83
Debt / equity	1.422020	0.782025	−0.64
Shares outstanding	202.8M2017	210.4M2025	+0.5%/yr

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

REYN assets

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

REYN liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

REYN debt vs cash

Total debtCash & ST investmentsNet cash (debt)

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

REYN balance sheet

Reynolds Consumer Products Inc. annual balance sheet
	2025	2024	2023	2022	2021	2020	2019	2018	2017
Assets
Cash & short-term investments	$147.0M	$137.0M	$115.0M	$38.0M	$164.0M	$312.0M	$102.0M	$23.0M	$23.0M
Cash & equivalents	$147.0M	$137.0M	$115.0M	$38.0M	$164.0M	$312.0M	$102.0M	$23.0M	$23.0M
Receivables	$365.0M	$350.0M	$361.0M	$370.0M	$338.0M	$309.0M	$35.0M	$58.0M	$85.0M
Inventory	$584.0M	$567.0M	$524.0M	$722.0M	$583.0M	$419.0M	$418.0M	$429.0M	$371.0M
Other current assets	$20.0M	$47.0M	$41.0M	$41.0M	$19.0M	$13.0M	$15.0M	$6.0M	$8.0M
Total current assets	$1.12B	$1.10B	$1.04B	$1.17B	$1.10B	$1.05B	$570.0M	$516.0M	$487.0M
Property, plant & equipment (net)	$921.0M	$848.0M	$788.0M	$787.0M	$732.0M	$673.0M	$579.0M	$464.0M	$424.0M
Goodwill & intangible assets	$2.84B	$2.87B	$2.90B	$2.91B	$2.94B	$2.97B	$3.00B	$3.03B	$3.06B
Long-term investments	$0	$0	$0	$0	$0	$0	$0	$0	$0
Other non-current assets	$61.0M	$57.0M	$104.0M	$61.0M	$36.0M	$76.0M	$72.0M	$2.41B	$1.94B
Total assets	$4.94B	$4.87B	$4.83B	$4.93B	$4.81B	$4.77B	$4.22B	$6.42B	$5.91B
Liabilities
Accounts payable	$387.0M	$319.0M	$253.0M	$298.0M	$261.0M	$226.0M	$207.0M	$404.0M	$366.0M
Short-term debt	$23.0M	$21.0M	$17.0M	$39.0M	$36.0M	$38.0M	$29.0M	$271.0M	$3.63B
Deferred revenue	—	—	$172.0M	—	$112.0M	$139.0M	$176.0M	−$271.0M	−$3.63B
Total current liabilities	$577.0M	$539.0M	$478.0M	$496.0M	$484.0M	$432.0M	$378.0M	$1.39B	$4.48B
Long-term debt	$1.58B	$1.69B	$1.83B	$2.07B	$2.09B	$2.21B	$4.20B	$5.71B	$2.35B
Lease obligations	$104.0M	$93.0M	$58.0M	$67.0M	$46.0M	$51.0M	$35.0M	—	—
Other long-term liabilities	$526.0M	$506.0M	$536.0M	$499.0M	$485.0M	$518.0M	$459.0M	$354.0M	$382.0M
Total liabilities	$2.68B	$2.73B	$2.85B	$3.06B	$3.06B	$3.16B	$5.04B	$7.45B	$7.21B
Shareholders' equity
Common stock & paid-in capital	—	—	—	—	—	—	−$823.0M	−$1.03B	−$1.30B
Retained earnings (deficit)	$802.0M	$694.0M	$537.0M	$431.0M	$365.0M	$233.0M	−$823.0M	−$1.03B	−$1.30B
Accumulated other comprehensive income	$20.0M	$35.0M	$50.0M	$52.0M	$10.0M	$1.0M	$5.0M	$7.0M	$6.0M
Total shareholders' equity	$2.25B	$2.14B	$1.98B	$1.87B	$1.76B	$1.61B	−$818.0M	−$1.03B	−$1.30B
Key figures
Total debt	$1.76B	$1.79B	$1.91B	$2.17B	$2.17B	$2.30B	$4.27B	$5.98B	$5.98B
Net cash (debt)	−$1.62B	−$1.66B	−$1.79B	−$2.13B	−$2.00B	−$1.99B	−$4.17B	−$5.96B	−$5.95B
Working capital	$539.0M	$562.0M	$563.0M	$675.0M	$620.0M	$621.0M	$192.0M	−$869.0M	−$4.00B
Tangible book value	−$585.0M	−$725.0M	−$913.0M	−$1.04B	−$1.18B	−$1.36B	−$3.82B	−$4.06B	−$4.36B
Book value per share	$10.71	$10.18	$9.44	$8.90	$8.37	$7.90	−$3.90	−$5.07	−$6.40
Shares outstanding	210.4M	210.4M	210.0M	209.9M	209.8M	204.5M	209.7M	202.8M	202.8M
Current ratio	1.93	2.04	2.18	2.36	2.28	2.44	1.51	0.37	0.11
Quick ratio	0.89	0.90	1.00	0.82	1.04	1.44	0.36	0.06	0.02
Debt / equity	0.78	0.84	0.96	1.16	1.24	1.42	—	—	—
Equity / assets	45.6%	44.0%	41.1%	37.9%	36.5%	33.8%	−19.4%	−16.0%	−22.0%

Reynolds Consumer Products Inc. 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	$66.0M	$71.0M	$147.0M	$53.0M	$57.0M	$58.0M	$137.0M	$96.0M	$101.0M	$135.0M	$115.0M	$124.0M
Cash & equivalents	$66.0M	$71.0M	$147.0M	$53.0M	$57.0M	$58.0M	$137.0M	$96.0M	$101.0M	$135.0M	$115.0M	$124.0M
Short-term investments	—	—	—	—	—	—	—	—	$26.0M	$26.0M	—	−$386.0M
Receivables	$374.0M	$377.0M	$365.0M	$365.0M	$344.0M	$326.0M	$350.0M	$348.0M	$383.0M	$345.0M	$361.0M	$358.0M
Inventory	$718.0M	$637.0M	$584.0M	$639.0M	$630.0M	$632.0M	$567.0M	$624.0M	$584.0M	$570.0M	$524.0M	$576.0M
Other current assets	$27.0M	$20.0M	$20.0M	$27.0M	$32.0M	$34.0M	$47.0M	$37.0M	$45.0M	$41.0M	$41.0M	$48.0M
Total current assets	$1.19B	$1.10B	$1.12B	$1.08B	$1.06B	$1.05B	$1.10B	$1.10B	$1.11B	$1.09B	$1.04B	$1.11B
Property, plant & equipment (net)	$966.0M	$934.0M	$921.0M	$905.0M	$885.0M	$871.0M	$848.0M	$808.0M	$808.0M	$814.0M	$788.0M	$776.0M
Goodwill & intangible assets	$2.83B	$2.83B	$2.84B	$2.85B	$2.85B	$2.86B	$2.87B	$2.88B	$2.88B	$2.89B	$2.90B	$2.89B
Long-term investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Other non-current assets	$102.0M	$59.0M	$61.0M	$61.0M	$60.0M	$58.0M	$57.0M	$55.0M	$62.0M	$64.0M	$104.0M	$68.0M
Total assets	$5.08B	$4.93B	$4.94B	$4.90B	$4.86B	$4.84B	$4.87B	$4.84B	$4.87B	$4.86B	$4.83B	$4.84B
Liabilities
Accounts payable	$433.0M	$418.0M	$387.0M	$364.0M	$393.0M	$370.0M	$319.0M	$363.0M	$339.0M	$320.0M	$253.0M	$267.0M
Short-term debt	$27.0M	$25.0M	$23.0M	$39.0M	$39.0M	$38.0M	$20.0M	$19.0M	$19.0M	$18.0M	$17.0M	$16.0M
Deferred revenue	—	—	—	—	—	—	—	$29.0M	$1.0M	$37.0M	$172.0M	$1.0M
Total current liabilities	$660.0M	$616.0M	$577.0M	$559.0M	$575.0M	$584.0M	$539.0M	$543.0M	$523.0M	$517.0M	$478.0M	$467.0M
Long-term debt	$1.53B	$1.53B	$1.58B	$1.61B	$1.62B	$1.62B	$1.69B	$1.74B	$1.78B	$1.83B	$1.83B	$1.98B
Lease obligations	$118.0M	$103.0M	$104.0M	$109.0M	$104.0M	$103.0M	$93.0M	$78.0M	$82.0M	$86.0M	$58.0M	$60.0M
Other long-term liabilities	$579.0M	$519.0M	$526.0M	$544.0M	$521.0M	$512.0M	$506.0M	$500.0M	$518.0M	$519.0M	$536.0M	$498.0M
Total liabilities	$2.77B	$2.67B	$2.68B	$2.72B	$2.71B	$2.72B	$2.73B	$2.78B	$2.83B	$2.87B	$2.85B	$2.95B
Shareholders' equity
Retained earnings (deficit)	$853.0M	$813.0M	$802.0M	$733.0M	$702.0M	$676.0M	$694.0M	$622.0M	$585.0M	$537.0M	$537.0M	$448.0M
Accumulated other comprehensive income	$25.0M	$22.0M	$20.0M	$18.0M	$24.0M	$29.0M	$35.0M	$34.0M	$51.0M	$53.0M	$50.0M	$52.0M
Total shareholders' equity	$2.31B	$2.27B	$2.25B	$2.18B	$2.15B	$2.12B	$2.14B	$2.06B	$2.04B	$1.99B	$1.98B	$1.89B
Key figures
Total debt	$1.65B	$1.63B	$1.76B	$1.82B	$1.74B	$1.74B	$1.78B	$1.81B	$1.87B	$1.92B	$1.91B	$2.04B
Net cash (debt)	−$1.58B	−$1.56B	−$1.62B	−$1.77B	−$1.68B	−$1.68B	−$1.64B	−$1.72B	−$1.76B	−$1.78B	−$1.79B	−$1.92B
Working capital	$525.0M	$489.0M	$539.0M	$525.0M	$488.0M	$466.0M	$562.0M	$562.0M	$590.0M	$574.0M	$563.0M	$639.0M
Tangible book value	−$516.0M	−$567.0M	−$585.0M	−$666.0M	−$705.0M	−$738.0M	−$725.0M	−$810.0M	−$842.0M	−$900.0M	−$913.0M	−$996.0M
Book value per share	$10.90	$10.69	$10.70	$10.36	$10.21	$10.09	$10.16	$9.82	$9.71	$9.47	$9.44	$9.01
Shares outstanding	211.9M	211.8M	210.6M	210.4M	210.3M	210.3M	210.9M	210.3M	210.2M	210.1M	210.0M	210.0M
Current ratio	1.80	1.79	1.93	1.94	1.85	1.80	2.04	2.03	2.13	2.11	2.18	2.37
Quick ratio	0.67	0.73	0.89	0.75	0.70	0.66	0.90	0.82	0.93	0.93	1.00	1.03
Debt / equity	0.71	0.72	0.78	0.84	0.81	0.82	0.83	0.88	0.91	0.96	0.96	1.08
Equity / assets	45.5%	45.9%	45.6%	44.5%	44.2%	43.9%	44.0%	42.6%	41.9%	40.9%	41.1%	39.1%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 4, 2026); data from EODHD.

REYN financial position

At the end of fiscal 2025 (December 31, 2025), Reynolds Consumer Products had total assets of $4.9 billion (up 1.3% from a year earlier), total liabilities of $2.7 billion and shareholders' equity of $2.3 billion. It held $147.0 million in cash and short-term investments against $1.8 billion of debt, net debt of $1.6 billion. Its current ratio was 1.93. In the latest quarter (ended June 30, 2026) total assets were $5.1 billion and equity $2.3 billion.

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

REYN balance sheet FAQ

What are Reynolds Consumer Products's total assets?

Reynolds Consumer Products reported total assets of $4.9 billion at the end of fiscal 2025 (December 31, 2025), compared with $4.9 billion a year earlier.

How much debt does Reynolds Consumer Products have?

Reynolds Consumer Products had $1.8 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 Reynolds Consumer Products have?

Reynolds Consumer Products held $147.0 million in cash and short-term investments at the end of fiscal 2025; with $1.8 billion of debt that is net debt of $1.6 billion.

What is Reynolds Consumer Products's book value?

Reynolds Consumer Products's shareholders' equity (book value) was $2.3 billion at the end of fiscal 2025, or $10.71 per share.

What is Reynolds Consumer Products's current ratio?

Reynolds Consumer Products had current assets of $1.1 billion and current liabilities of $577.0 million, a current ratio of 1.93 (it can cover its short-term obligations).

How much goodwill does Reynolds Consumer Products have?

Reynolds Consumer Products carried $2.8 billion of goodwill and intangible assets, 57.5% of total assets, at the end of fiscal 2025.