STMicroelectronics N.V. (STM) Balance Sheet

NYSE: STMAssets, liabilities, debt and equity over 10 years.

STM balance sheet, 2025

December 31, 2025 · U.S. dollars

$24.80B assets = $6.58B liabilities + $18.23B equity

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

STM financial health

Current ratio3.36

Comfortable · current assets cover current liabilities 3.36×

Debt / equity0.12

Low leverage · $0.12 of debt for each $1 of equity

Equity / assets71.9%

Equity-funded · of assets funded by shareholders

Cash / debt230.8%

Cash covers debt · cash & short-term investments vs total debt

Goodwill & intangibles2.6%

Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

STM balance sheet trends, 2016–2025

STMicroelectronics N.V. balance sheet trends
Metric	Then	Latest	Change
Total assets	$8.00B2016	$24.80B2025	+13.4%/yr
Total liabilities	$3.41B2016	$6.58B2025	+7.6%/yr
Shareholders’ equity	$4.54B2016	$17.83B2025	+16.4%/yr
Cash & short-term investments	$1.96B2016	$4.92B2025	+10.7%/yr
Total debt	$1.45B2016	$2.13B2025	+4.4%/yr
Net cash (debt)	$513.0M2016	$2.79B2025	+$2.3B
Working capital	$2.80B2016	$7.92B2025	+$5.1B
Book value per share	$5.122016	$19.312025	+15.9%/yr
Current ratio	2.762016	3.362025	+0.60
Debt / equity	0.322016	0.122025	−0.20
Shares outstanding	886.3M2016	923.1M2025	+0.5%/yr

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

STM assets

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

STM liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

STM debt vs cash

Total debtCash & ST investmentsNet cash (debt)

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

STM balance sheet

STMicroelectronics N.V. annual balance sheet
	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Assets
Cash & short-term investments	$4.92B	$6.18B	$6.08B	$4.59B	$3.52B	$3.85B	$2.73B	$2.60B	$2.23B	$1.96B
Cash & equivalents	$2.84B	$2.28B	$3.22B	$3.26B	$3.23B	$3.01B	$2.60B	$2.27B	$1.76B	$1.63B
Short-term investments	$2.08B	$3.90B	$2.86B	$1.33B	$297.0M	$840.0M	$137.0M	$335.0M	$472.0M	$335.0M
Receivables	$1.75B	$2.44B	$2.66B	$2.65B	$2.17B	$1.82B	$1.38B	$1.48B	$1.40B	$939.0M
Inventory	$3.14B	$2.79B	$2.70B	$2.58B	$1.98B	$1.84B	$1.69B	$1.57B	$1.33B	$1.17B
Other current assets	$1.47B	$319.0M	$366.0M	$0	$160.0M	$162.0M	$452.0M	$215.0M	$129.0M	$311.0M
Total current assets	$11.27B	$11.73B	$11.81B	$9.82B	$7.83B	$7.67B	$6.26B	$5.86B	$5.10B	$4.39B
Property, plant & equipment (net)	$11.06B	$10.88B	$10.55B	$8.27B	$5.78B	$4.78B	$4.01B	$3.71B	$3.22B	$2.29B
Goodwill & intangible assets	$639.0M	$636.0M	$670.0M	$1.74B	$1.70B	$1.61B	$461.0M	$1.32B	$1.30B	$311.0M
Long-term investments	$190.0M	$108.0M	$53.0M	$11.0M	$10.0M	$10.0M	$34.0M	$80.0M	$77.0M	$76.0M
Other non-current assets	$1.64B	$1.39B	$1.37B	$1.14B	$1.09B	$1.24B	$1.11B	$813.0M	$1.18B	$943.0M
Total assets	$24.80B	$24.74B	$24.45B	$20.99B	$16.41B	$15.31B	$11.87B	$11.79B	$10.87B	$8.00B
Liabilities
Accounts payable	$1.49B	$1.32B	$1.86B	$2.12B	$1.58B	$1.17B	$950.0M	$1.03B	$942.0M	$620.0M
Short-term debt	$298.0M	$1.04B	$275.0M	$885.0M	$143.0M	$796.0M	$228.0M	$146.0M	$118.0M	$117.0M
Deferred revenue	—	$89.0M	$186.0M	$225.0M	$1.11B	$1.06B	$63.0M	$77.0M	$89.0M	$39.0M
Total current liabilities	$3.35B	$3.77B	$3.73B	$4.67B	$2.96B	$3.75B	$2.06B	$2.13B	$2.03B	$1.59B
Long-term debt	$1.83B	$1.38B	$1.40B	$2.54B	$2.40B	$1.83B	$1.90B	$1.76B	$1.58B	$1.33B
Lease obligations	$221.0M	$214.0M	$246.0M	$193.0M	$203.0M	$196.0M	$55.0M	—	—	—
Other long-term liabilities	$1.39B	$1.92B	$2.47B	$275.0M	$1.47B	$1.42B	$794.0M	$772.0M	$1.44B	$486.0M
Total liabilities	$6.58B	$7.06B	$7.60B	$7.48B	$6.83B	$7.00B	$4.76B	$4.66B	$5.05B	$3.41B
Shareholders' equity
Common stock & paid-in capital	$1.16B	$1.16B	$1.16B	$1.16B	$1.16B	$1.16B	$1.16B	$1.16B	$1.16B	$1.16B
Retained earnings (deficit)	$13.08B	$13.46B	$12.47B	$8.37B	$4.54B	$3.19B	$2.75B	$2.64B	$973.0M	$431.0M
Treasury stock	—	—	—	—	−$200.0M	−$93.0M	−$328.0M	−$141.0M	−$132.0M	−$242.0M
Accumulated other comprehensive income	$945.0M	$236.0M	$613.0M	$1.90B	$1.74B	$1.72B	$475.0M	$1.22B	$688.0M	$371.0M
Minority interest	$397.0M	$230.0M	$123.0M	$65.0M	—	—	—	—	—	—
Total shareholders' equity	$17.83B	$17.45B	$16.73B	$13.50B	$9.58B	$8.31B	$7.04B	$7.13B	$5.82B	$4.54B
Key figures
Total debt	$2.13B	$3.17B	$3.17B	$3.43B	$2.54B	$2.62B	$2.28B	$1.91B	$1.70B	$1.45B
Net cash (debt)	$2.79B	$3.02B	$2.91B	$1.16B	$983.0M	$1.22B	$455.0M	$691.0M	$530.0M	$513.0M
Working capital	$7.92B	$7.96B	$8.08B	$5.15B	$4.87B	$3.92B	$4.19B	$3.73B	$3.07B	$2.80B
Tangible book value	$17.19B	$16.81B	$16.06B	$11.76B	$7.88B	$6.70B	$6.58B	$5.80B	$4.53B	$4.22B
Book value per share	$19.31	$18.59	$17.72	$14.80	$10.37	$9.03	$7.79	$7.82	$6.43	$5.12
Shares outstanding	923.1M	938.6M	944.2M	912.3M	923.8M	919.7M	903.6M	911.0M	906.1M	886.3M
Current ratio	3.36	3.11	3.17	2.10	2.64	2.04	3.03	2.75	2.51	2.76
Quick ratio	1.99	2.28	2.34	1.55	1.92	1.51	1.99	1.92	1.79	1.83
Debt / equity	0.12	0.18	0.19	0.25	0.27	0.32	0.32	0.27	0.29	0.32
Equity / assets	71.9%	70.5%	68.4%	64.3%	58.4%	54.3%	59.3%	60.4%	53.6%	56.7%

STMicroelectronics N.V. 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	$6.03B	$4.57B	$4.92B	$4.80B	$5.63B	$5.96B	$6.18B	$6.30B	$6.31B	$6.24B	$6.08B	$5.05B
Cash & equivalents	$3.10B	$1.89B	$2.84B	$2.00B	$1.62B	$1.78B	$2.28B	$3.08B	$3.09B	$3.13B	$3.22B	$3.01B
Short-term investments	$2.94B	$2.68B	$2.08B	$2.79B	$4.01B	$4.18B	$3.90B	$3.22B	$3.19B	$3.11B	$2.86B	$2.04B
Receivables	$2.07B	$1.82B	$1.75B	$1.63B	$2.13B	$1.39B	$2.44B	$1.73B	$1.71B	$1.79B	$1.73B	$1.84B
Inventory	$3.19B	$3.17B	$3.14B	$3.18B	$3.27B	$3.01B	$2.79B	$2.88B	$2.81B	$2.69B	$2.70B	$2.87B
Other current assets	$1.41B	$1.26B	$1.47B	$1.27B	$498.0M	$1.05B	$319.0M	$1.06B	$1.04B	$1.18B	$1.29B	$1.23B
Total current assets	$12.70B	$10.83B	$11.27B	$10.88B	$11.52B	$11.41B	$11.73B	$11.96B	$11.87B	$11.89B	$11.81B	$10.99B
Property, plant & equipment (net)	$10.89B	$10.96B	$11.06B	$11.32B	$11.45B	$11.18B	$10.88B	$11.26B	$10.89B	$10.87B	$10.55B	$9.67B
Goodwill & intangible assets	$1.45B	$1.46B	$639.0M	$645.2M	$1.85B	$637.0M	$636.0M	$657.0M	$1.78B	$664.0M	$670.0M	$647.0M
Long-term investments	$144.0M	$113.0M	$190.0M	$197.0M	$77.0M	$96.0M	$108.0M	$20.0M	$54.0M	$22.0M	$53.0M	$21.0M
Other non-current assets	$1.84B	$1.77B	$1.64B	$1.76B	$1.65B	$1.60B	$1.39B	$1.62B	$1.29B	$1.53B	$1.37B	$1.23B
Total assets	$27.03B	$25.13B	$24.80B	$24.81B	$26.54B	$24.92B	$24.74B	$25.52B	$25.88B	$24.97B	$24.45B	$22.56B
Liabilities
Accounts payable	$1.77B	$1.44B	$1.49B	$1.44B	$1.45B	$1.37B	$1.32B	$1.58B	$1.58B	$1.64B	$1.86B	$1.55B
Short-term debt	$1.06B	$319.0M	$298.0M	$311.0M	$1.78B	$1.04B	$1.04B	$1.06B	$1.73B	$292.0M	$275.0M	$227.0M
Deferred revenue	—	—	—	—	$81.0M	$94.0M	$89.0M	$145.0M	$219.0M	$248.0M	$186.0M	$313.0M
Total current liabilities	$4.57B	$3.27B	$3.35B	$3.38B	$4.97B	$3.74B	$3.77B	$4.21B	$5.22B	$3.57B	$3.73B	$3.74B
Long-term debt	$2.96B	$2.25B	$1.83B	$1.91B	$1.15B	$1.89B	$1.38B	$2.11B	$1.30B	$2.88B	$1.16B	$2.42B
Lease obligations	—	$214.0M	$221.0M	$210.0M	$220.0M	$217.0M	$214.0M	$235.0M	$237.0M	$233.0M	$246.0M	$210.0M
Other long-term liabilities	$1.45B	$1.44B	$1.39B	$1.33B	$1.46B	$1.34B	$1.92B	$1.39B	$1.43B	$1.33B	$2.71B	$900.0M
Total liabilities	$8.98B	$6.96B	$6.58B	$6.62B	$7.57B	$6.96B	$7.06B	$7.71B	$7.95B	$7.77B	$7.60B	$7.05B
Shareholders' equity
Common stock & paid-in capital	$1.16B	$1.16B	$1.16B	$1.16B	$1.16B	$1.16B	$1.16B	$1.16B	$1.16B	$1.16B	$1.16B	$1.16B
Retained earnings (deficit)	$12.89B	$13.12B	$13.08B	$13.18B	$12.86B	$13.51B	$13.46B	$13.12B	$12.50B	$12.98B	$12.47B	$11.39B
Accumulated other comprehensive income	$732.0M	$798.0M	$945.0M	$910.5M	$2.93B	$495.0M	$236.0M	$657.0M	$2.22B	$468.0M	$613.0M	$376.0M
Minority interest	$406.0M	$403.0M	$397.0M	$238.0M	$236.0M	—	—	—	—	—	—	—
Total shareholders' equity	$17.64B	$17.77B	$17.83B	$17.95B	$18.74B	$17.73B	$17.45B	$17.56B	$17.81B	$17.07B	$16.73B	$15.44B
Key figures
Total debt	$4.03B	$2.57B	$2.13B	$2.38B	$3.08B	$3.09B	$3.17B	$3.35B	$3.21B	$3.35B	$3.17B	$2.80B
Net cash (debt)	$2.01B	$2.00B	$2.79B	$2.42B	$2.54B	$2.87B	$3.02B	$2.95B	$3.10B	$2.89B	$2.91B	$2.25B
Working capital	$8.13B	$7.56B	$7.92B	$7.51B	$6.55B	$7.67B	$7.96B	$7.75B	$6.64B	$8.33B	$8.08B	$7.25B
Tangible book value	$16.19B	$16.31B	$17.19B	$17.31B	$16.89B	$17.09B	$16.81B	$16.91B	$16.03B	$16.41B	$16.06B	$14.79B
Book value per share	$19.01	$19.21	$17.83	$19.54	$20.96	$18.99	$18.65	$18.71	$18.93	$18.12	$17.74	$16.35
Shares outstanding	928.0M	925.0M	1.00B	918.9M	893.9M	933.6M	935.7M	938.6M	941.1M	942.3M	942.9M	943.8M
Current ratio	2.78	3.31	3.36	3.22	2.32	3.05	3.11	2.84	2.27	3.34	3.17	2.94
Quick ratio	1.77	1.96	1.99	1.90	1.56	1.96	2.28	1.91	1.53	2.25	2.09	1.84
Debt / equity	0.23	0.14	0.12	0.13	0.16	0.17	0.18	0.19	0.18	0.20	0.19	0.18
Equity / assets	65.3%	70.7%	71.9%	72.4%	70.6%	71.1%	70.5%	68.8%	68.8%	68.4%	68.4%	68.4%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 26, 2026); data from EODHD.

STM financial position

At the end of fiscal 2025 (December 31, 2025), STMicroelectronics had total assets of $24.8 billion (up 0.2% from a year earlier), total liabilities of $6.6 billion and shareholders' equity of $17.8 billion. It held $4.9 billion in cash and short-term investments against $2.1 billion of debt, a net cash position of $2.8 billion. Its current ratio was 3.36. In the latest quarter (ended June 30, 2026) total assets were $27.0 billion and equity $17.6 billion.

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

STM balance sheet FAQ

What are STMicroelectronics's total assets?

STMicroelectronics reported total assets of $24.8 billion at the end of fiscal 2025 (December 31, 2025), compared with $24.7 billion a year earlier.

How much debt does STMicroelectronics have?

STMicroelectronics had $2.1 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.12.

How much cash does STMicroelectronics have?

STMicroelectronics held $4.9 billion in cash and short-term investments at the end of fiscal 2025; with $2.1 billion of debt that is net cash of $2.8 billion.

What is STMicroelectronics's book value?

STMicroelectronics's shareholders' equity (book value) was $17.8 billion at the end of fiscal 2025, or $19.31 per share.

What is STMicroelectronics's current ratio?

STMicroelectronics had current assets of $11.3 billion and current liabilities of $3.4 billion, a current ratio of 3.36 (it can cover its short-term obligations).

How much goodwill does STMicroelectronics have?

STMicroelectronics carried $639.0 million of goodwill and intangible assets, 2.6% of total assets, at the end of fiscal 2025.