Schneider National, Inc. (SNDR) Balance Sheet
SNDR balance sheet, 2025
December 31, 2025 · U.S. dollars$4.91B assets = $1.88B liabilities + $3.03B equity
Both columns are drawn to the same scale: what SNDR owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SNDR financial health
Descriptive bands, not a rating. Fiscal 2025.
SNDR balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $3.05B2016 | $4.91B2025 | +5.4%/yr | |
| Total liabilities | $1.87B2016 | $1.88B2025 | +0.1%/yr | |
| Shareholders’ equity | $1.19B2016 | $3.02B2025 | +11.0%/yr | |
| Cash & short-term investments | $183.3M2016 | $243.3M2025 | +3.2%/yr | |
| Total debt | $698.3M2016 | $560.4M2025 | −2.4%/yr | |
| Net cash (debt) | −$515.0M2016 | −$317.1M2025 | +$197.9M | |
| Working capital | $246.4M2016 | $625.4M2025 | +$379.0M | |
| Book value per share | $6.842016 | $17.202025 | +10.8%/yr | |
| Current ratio | 1.362016 | 2.132025 | +0.76 | |
| Debt / equity | 0.592016 | 0.192025 | −0.40 | |
| Shares outstanding | 173.5M2016 | 175.9M2025 | +0.2%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SNDR assets
SNDR liabilities and equity
SNDR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SNDR balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $243.3M | $165.5M | $159.6M | $431.6M | $294.1M | $442.6M | $599.9M | $430.0M | $280.1M | $183.3M |
| Cash & equivalents | $201.5M | $117.6M | $102.4M | $385.7M | $244.8M | $395.5M | $551.6M | $378.7M | $238.5M | $130.8M |
| Short-term investments | $41.8M | $47.9M | $57.2M | $45.9M | $49.3M | $47.1M | $48.3M | $51.3M | $41.6M | $52.5M |
| Receivables | $751.4M | $707.5M | $730.9M | $781.9M | $849.8M | $656.0M | $633.8M | $754.0M | $655.2M | $544.2M |
| Inventory | $99.8M | $89.8M | $117.9M | $53.0M | $27.4M | $44.9M | $71.9M | $60.8M | $83.1M | $74.1M |
| Other current assets | $86.7M | $152.5M | $102.5M | $83.8M | $77.2M | $77.2M | $100.1M | $79.5M | $75.6M | $122.0M |
| Total current assets | $1.18B | $1.12B | $1.11B | $1.35B | $1.25B | $1.22B | $1.41B | $1.32B | $1.09B | $923.6M |
| Property, plant & equipment (net) | $2.81B | $2.95B | $2.66B | $2.28B | $2.05B | $1.83B | $1.93B | $1.92B | $1.86B | $1.76B |
| Goodwill & intangible assets | $481.9M | $505.3M | $471.1M | $320.0M | $334.4M | $332.3M | $293.4M | $244.8M | $239.5M | $240.8M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.5M | $138.9M | $0 |
| Other non-current assets | $439.2M | $364.7M | $310.6M | $367.9M | $303.4M | $131.3M | $82.0M | $129.7M | $0 | $132.1M |
| Total assets | $4.91B | $4.93B | $4.56B | $4.32B | $3.94B | $3.52B | $3.71B | $3.62B | $3.33B | $3.05B |
| Liabilities | ||||||||||
| Accounts payable | $208.6M | $253.1M | $241.3M | $276.7M | $331.7M | $245.7M | $207.7M | $226.0M | $230.4M | $227.3M |
| Short-term debt | $42.3M | $137.9M | $104.5M | $73.3M | $61.4M | $40.4M | $82.2M | $51.7M | $19.1M | $258.7M |
| Deferred revenue | — | — | $1 | $2.6M | $3.2M | $700,000 | — | $163.7M | $142.9M | −$258.7M |
| Total current liabilities | $555.8M | $704.5M | $606.2M | $636.9M | $690.2M | $534.6M | $465.2M | $522.6M | $462.0M | $677.3M |
| Long-term debt | $390.9M | $420.8M | $197.6M | $141.8M | $208.9M | $266.4M | $305.8M | $359.6M | $420.6M | $439.6M |
| Lease obligations | — | — | — | — | — | — | — | — | — | $10.8M |
| Other long-term liabilities | $931.3M | $821.5M | $796.6M | $702.3M | $614.4M | $659.7M | $700.8M | $610.0M | $557.7M | $751.3M |
| Total liabilities | $1.88B | $1.95B | $1.60B | $1.48B | $1.51B | $1.46B | $1.47B | $1.49B | $1.44B | $1.87B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $3.02B | — | — | — | $2.42B | $1.55B | $1.54B | $1.54B | $1.53B | $1.06B |
| Retained earnings (deficit) | $1.52B | $1.48B | $1.43B | $1.26B | $857.8M | $502.5M | $693.6M | $589.3M | $355.6M | $125.2M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | — |
| Accumulated other comprehensive income | −$1.9M | −$3.8M | −$3.4M | −$5.0M | $0 | $800,000 | $100,000 | −$1.0M | −$1.27B | $883,000 |
| Minority interest | — | — | — | — | — | — | — | — | $0 | — |
| Total shareholders' equity | $3.02B | $2.99B | $2.96B | $2.84B | $2.42B | $2.06B | $2.24B | $2.13B | $1.89B | $1.19B |
| Key figures | ||||||||||
| Total debt | $560.4M | $610.8M | $302.1M | $215.1M | $270.3M | $306.8M | $443.9M | $411.3M | $439.7M | $698.3M |
| Net cash (debt) | −$317.1M | −$445.3M | −$142.5M | $216.5M | $23.8M | $135.8M | $156.0M | $18.7M | −$159.6M | −$515.0M |
| Working capital | $625.4M | $410.8M | $504.7M | $713.4M | $558.3M | $686.1M | $940.5M | $801.7M | $632.0M | $246.4M |
| Tangible book value | $2.54B | $2.48B | $2.49B | $2.52B | $2.09B | $1.72B | $1.94B | $1.89B | $1.65B | $945.6M |
| Book value per share | $17.20 | $16.96 | $16.59 | $15.87 | $13.61 | $11.57 | $12.61 | $12.03 | $11.03 | $6.84 |
| Shares outstanding | 175.9M | 176.1M | 178.2M | 178.8M | 178.1M | 177.6M | 177.3M | 177.2M | 171.3M | 173.5M |
| Current ratio | 2.13 | 1.58 | 1.83 | 2.12 | 1.81 | 2.28 | 3.02 | 2.53 | 2.37 | 1.36 |
| Quick ratio | 1.79 | 1.24 | 1.47 | 1.91 | 1.66 | 2.05 | 2.65 | 2.27 | 2.02 | 1.07 |
| Debt / equity | 0.19 | 0.20 | 0.10 | 0.08 | 0.11 | 0.15 | 0.20 | 0.19 | 0.23 | 0.59 |
| Equity / assets | 61.6% | 60.5% | 64.9% | 65.7% | 61.6% | 58.5% | 60.3% | 58.8% | 56.8% | 38.8% |
| 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 | $327.1M | $265.1M | $243.3M | $235.7M | $205.1M | $154.3M | $165.5M | $231.6M | $157.2M | $124.2M | $159.6M | $114.9M |
| Cash & equivalents | $292.7M | $227.8M | $201.5M | $194.1M | $160.7M | $106.2M | $117.6M | $179.0M | $103.2M | $67.3M | $102.4M | $58.5M |
| Short-term investments | $34.4M | $37.3M | $41.8M | $41.6M | $44.4M | $48.1M | $47.9M | $52.6M | $54.0M | $56.9M | $57.2M | $56.4M |
| Receivables | $693.7M | $639.7M | $751.4M | $780.2M | $739.0M | $765.7M | $707.5M | $659.5M | $706.3M | $690.9M | $730.9M | $818.0M |
| Inventory | $62.8M | $78.1M | $99.8M | $101.4M | $82.4M | $93.7M | $89.8M | $83.3M | $91.1M | $91.9M | $117.9M | $113.8M |
| Other current assets | $0 | $0 | $86.7M | $104.7M | $0 | $151.3M | $152.5M | $113.4M | $95.8M | $164.1M | $102.5M | $100.3M |
| Total current assets | $986.4M | $867.5M | $1.18B | $1.22B | $765.2M | $1.17B | $1.12B | $1.09B | $1.05B | $1.07B | $1.11B | $1.15B |
| Property, plant & equipment (net) | $2.66B | $2.70B | $2.81B | $2.81B | $2.85B | $2.88B | $2.95B | $2.58B | $2.59B | $2.64B | $2.58B | $2.56B |
| Goodwill & intangible assets | $410.0M | $758.1M | $481.9M | $413.6M | $415.1M | $417.8M | $505.3M | $384.0M | $774.6M | $386.5M | $734.4M | $390.1M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $937.6M | $597.6M | $439.2M | $532.0M | $929.4M | $520.2M | $364.7M | $521.7M | $132.2M | $480.2M | $130.2M | $485.6M |
| Total assets | $5.00B | $4.92B | $4.91B | $4.98B | $4.96B | $4.98B | $4.93B | $4.57B | $4.55B | $4.58B | $4.56B | $4.58B |
| Liabilities | ||||||||||||
| Accounts payable | $267.9M | $271.9M | $208.6M | $228.3M | $267.6M | $267.8M | $253.1M | $208.5M | $218.0M | $274.6M | $241.3M | $281.1M |
| Short-term debt | $10.5M | $10.7M | $42.3M | $12.4M | $12.9M | $10.9M | $137.9M | $139.0M | $139.2M | $209.4M | $104.5M | $70.5M |
| Deferred revenue | — | — | — | — | $100,000 | — | — | — | — | — | $1 | $600,000 |
| Total current liabilities | $696.6M | $681.8M | $555.8M | $579.6M | $610.1M | $614.2M | $704.5M | $657.2M | $659.3M | $743.7M | $606.2M | $610.6M |
| Long-term debt | $385.6M | $388.1M | $390.9M | $509.8M | $512.7M | $565.8M | $420.8M | $124.7M | $125.8M | $96.6M | $197.6M | $218.5M |
| Other long-term liabilities | $854.5M | $832.7M | $931.3M | $868.6M | $820.7M | $810.3M | $821.5M | $825.6M | $811.2M | $796.5M | $796.6M | $794.1M |
| Total liabilities | $1.94B | $1.90B | $1.88B | $1.96B | $1.94B | $1.99B | $1.95B | $1.61B | $1.60B | $1.64B | $1.60B | $1.62B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | — | — | $3.02B | — | — | — | — | — | — | $2.94B | — | — |
| Retained earnings (deficit) | $1.55B | $1.52B | $1.52B | $1.51B | $1.51B | $1.49B | $1.48B | $1.47B | $1.45B | $1.43B | $1.43B | $1.42B |
| Accumulated other comprehensive income | −$2.0M | −$2.1M | −$1.9M | −$2.3M | −$2.6M | −$3.3M | −$3.8M | −$2.9M | −$3.9M | −$3.6M | −$3.4M | −$5.0M |
| Total shareholders' equity | $3.06B | $3.02B | $3.02B | $3.02B | $3.01B | $2.99B | $2.99B | $2.97B | $2.95B | $2.94B | $2.96B | $2.96B |
| Key figures | ||||||||||||
| Total debt | $396.1M | $398.8M | $560.4M | $522.2M | $525.6M | $576.7M | $610.8M | $263.7M | $265.0M | $306.0M | $302.1M | $289.0M |
| Net cash (debt) | −$69.0M | −$133.7M | −$317.1M | −$286.5M | −$320.5M | −$422.4M | −$445.3M | −$32.1M | −$107.8M | −$181.8M | −$142.5M | −$174.1M |
| Working capital | $289.8M | $185.7M | $625.4M | $642.4M | $155.1M | $550.8M | $410.8M | $430.6M | $391.1M | $327.4M | $504.7M | $536.4M |
| Tangible book value | $2.65B | $2.26B | $2.54B | $2.61B | $2.60B | $2.57B | $2.48B | $2.58B | $2.18B | $2.56B | $2.22B | $2.57B |
| Book value per share | $17.39 | $17.17 | $17.20 | $17.17 | $17.14 | $16.98 | $16.95 | $16.87 | $16.79 | $16.66 | $16.70 | $16.64 |
| Shares outstanding | 175.9M | 175.9M | 175.9M | 175.9M | 175.8M | 176.0M | 176.2M | 175.9M | 175.8M | 176.6M | 177.1M | 177.7M |
| Current ratio | 1.42 | 1.27 | 2.13 | 2.11 | 1.25 | 1.90 | 1.58 | 1.66 | 1.59 | 1.44 | 1.83 | 1.88 |
| Quick ratio | 1.47 | 1.33 | 1.79 | 1.75 | 1.55 | 1.50 | 1.24 | 1.36 | 1.31 | 1.10 | 1.47 | 1.53 |
| Debt / equity | 0.13 | 0.13 | 0.19 | 0.17 | 0.17 | 0.19 | 0.20 | 0.09 | 0.09 | 0.10 | 0.10 | 0.10 |
| Equity / assets | 61.2% | 61.4% | 61.6% | 60.7% | 60.8% | 60.0% | 60.5% | 64.9% | 64.9% | 64.3% | 64.9% | 64.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 20, 2026); data from EODHD.
SNDR financial position
At the end of fiscal 2025 (December 31, 2025), Schneider National had total assets of $4.9 billion (down 0.4% from a year earlier), total liabilities of $1.9 billion and shareholders' equity of $3.0 billion. It held $243.3 million in cash and short-term investments against $560.4 million of debt, net debt of $317.1 million. Its current ratio was 2.13. In the latest quarter (ended June 30, 2026) total assets were $5.0 billion and equity $3.1 billion.
Related: SNDR income statement, SNDR cash flow statement, SNDR key metrics. See the SNDR stock overview for the latest quote and news.
SNDR balance sheet FAQ
What are Schneider National's total assets?
Schneider National 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 Schneider National have?
Schneider National had $560.4 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.19.
How much cash does Schneider National have?
Schneider National held $243.3 million in cash and short-term investments at the end of fiscal 2025; with $560.4 million of debt that is net debt of $317.1 million.
What is Schneider National's book value?
Schneider National's shareholders' equity (book value) was $3.0 billion at the end of fiscal 2025, or $17.20 per share.
What is Schneider National's current ratio?
Schneider National had current assets of $1.2 billion and current liabilities of $555.8 million, a current ratio of 2.13 (it can cover its short-term obligations).
How much goodwill does Schneider National have?
Schneider National carried $481.9 million of goodwill and intangible assets, 9.8% of total assets, at the end of fiscal 2025.