Woodside Energy Group Ltd (WDS) Balance Sheet
WDS balance sheet, 2025
December 31, 2025 · U.S. dollars$66.50B assets = $26.66B liabilities + $39.84B equity
Both columns are drawn to the same scale: what WDS owns equals what it owes plus shareholders’ equity. Hover a block for its value.
WDS financial health
Descriptive bands, not a rating. Fiscal 2025.
WDS balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $24.75B2016 | $66.50B2025 | +11.6%/yr | |
| Total liabilities | $9.09B2016 | $26.66B2025 | +12.7%/yr | |
| Shareholders’ equity | $14.84B2016 | $35.91B2025 | +10.3%/yr | |
| Cash & short-term investments | $285.0M2016 | $5.94B2025 | +40.1%/yr | |
| Total debt | $4.97B2016 | $13.72B2025 | +11.9%/yr | |
| Net cash (debt) | −$4.69B2016 | −$7.78B2025 | −$3.1B | |
| Working capital | −$63.0M2016 | $3.21B2025 | +$3.3B | |
| Book value per share | $17.772016 | $18.772025 | +0.6%/yr | |
| Current ratio | 0.932016 | 1.592025 | +0.66 | |
| Debt / equity | 0.342016 | 0.382025 | +0.05 | |
| Shares outstanding | 835.0M2016 | 1.91B2025 | +9.7%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
WDS assets
WDS liabilities and equity
WDS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
WDS balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $5.94B | $4.11B | $1.95B | $6.88B | $3.35B | $3.78B | $4.09B | $1.73B | $392.0M | $285.0M |
| Cash & equivalents | $5.71B | $3.92B | $1.74B | $6.20B | $3.02B | $3.60B | $4.06B | $1.67B | $318.0M | $285.0M |
| Short-term investments | $229.0M | $185.0M | $209.0M | $677.0M | $320.0M | $172.0M | $28.0M | $54.0M | $74.0M | — |
| Receivables | $959.0M | $2.68B | $1.64B | $1.65B | $368.0M | $167.0M | $208.0M | $266.0M | $214.0M | $198.0M |
| Inventory | $693.0M | $684.0M | $616.0M | $678.0M | $202.0M | $125.0M | $176.0M | $155.0M | $186.0M | $149.0M |
| Other current assets | $1.03B | $93.0M | $918.0M | $83.0M | $363.0M | $184.0M | $177.0M | $262.0M | $219.0M | $268.0M |
| Total current assets | $8.62B | $7.56B | $5.12B | $9.29B | $4.28B | $4.25B | $4.65B | $2.41B | $1.01B | $900.0M |
| Property, plant & equipment (net) | $48.77B | $44.65B | $42.69B | $41.99B | $20.34B | $18.50B | $23.23B | $23.24B | $23.07B | $22.67B |
| Goodwill & intangible assets | $4.85B | $4.83B | $4.18B | $9.23B | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $324.0M | $367.0M | $369.0M | $385.0M | $107.0M | $54.0M | $35.0M | $30.0M | $0 | $0 |
| Other non-current assets | $3.93B | $3.86B | $3.00B | $0 | $1.75B | $1.82B | $1.44B | $1.40B | $1.32B | $1.18B |
| Total assets | $66.50B | $61.26B | $55.36B | $59.32B | $26.47B | $24.62B | $29.35B | $27.09B | $25.40B | $24.75B |
| Liabilities | ||||||||||
| Accounts payable | $1.73B | $2.08B | $1.66B | $2.03B | $191.0M | $100.0M | $224.0M | $212.0M | $237.0M | $197.0M |
| Short-term debt | $941.0M | $1.18B | $298.0M | $584.0M | $468.0M | $870.0M | $146.0M | $79.0M | $76.0M | $76.0M |
| Deferred revenue | — | $4.0M | $2.68B | $3.14B | $1.47B | $951.0M | $715.0M | $663.0M | $735.0M | $642.0M |
| Total current liabilities | $5.42B | $5.86B | $4.98B | $6.61B | $2.62B | $2.09B | $1.13B | $1.04B | $1.04B | $963.0M |
| Long-term debt | $12.78B | $10.44B | $6.20B | $6.19B | $6.33B | $6.62B | $6.70B | $3.99B | $4.99B | $0 |
| Lease obligations | $1.76B | $1.62B | $1.61B | $1.63B | $1.37B | $1.28B | $1.17B | — | — | — |
| Other long-term liabilities | $8.46B | $8.81B | $9.01B | $9.40B | $3.29B | $3.03B | $4.11B | $3.73B | $3.46B | $8.13B |
| Total liabilities | $26.66B | $25.11B | $20.19B | $22.19B | $12.24B | $11.75B | $11.94B | $8.77B | $9.49B | $9.09B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $29.04B | $29.00B | $29.00B | $29.00B | $9.41B | $9.30B | $9.01B | $8.88B | $6.92B | $6.92B |
| Retained earnings (deficit) | $6.13B | $2.35B | $4.30B | $6.88B | $3.44B | $1.40B | $6.65B | $7.66B | $7.20B | $6.97B |
| Accumulated other comprehensive income | $743.0M | $3.83B | $1.09B | $452.0M | $595.0M | $1.38B | $953.0M | $954.0M | $962.0M | $949.0M |
| Minority interest | $3.93B | $754.0M | $771.0M | $791.0M | — | — | — | — | — | — |
| Total shareholders' equity | $35.91B | $35.40B | $34.40B | $36.34B | $13.44B | $12.07B | $16.62B | $17.49B | $15.08B | $14.84B |
| Key figures | ||||||||||
| Total debt | $13.72B | $11.62B | $6.50B | $6.77B | $6.80B | $7.49B | $6.85B | $4.07B | $5.07B | $4.97B |
| Net cash (debt) | −$7.78B | −$7.52B | −$4.55B | $106.0M | −$3.45B | −$3.72B | −$2.76B | −$2.34B | −$4.67B | −$4.69B |
| Working capital | $3.21B | $1.71B | $136.0M | $2.68B | $1.66B | $2.16B | $3.52B | $1.37B | −$31.0M | −$63.0M |
| Tangible book value | $31.06B | $30.57B | $30.22B | $27.11B | $13.44B | $12.07B | $16.62B | $17.49B | $15.08B | $14.84B |
| Book value per share | $18.77 | $18.51 | $18.00 | $23.84 | $13.84 | $12.70 | $17.76 | $18.99 | $17.41 | $17.77 |
| Shares outstanding | 1.91B | 1.91B | 1.91B | 1.52B | 971.6M | 951.1M | 935.8M | 921.2M | 866.2M | 835.0M |
| Current ratio | 1.59 | 1.29 | 1.03 | 1.41 | 1.63 | 2.03 | 4.11 | 2.31 | 0.97 | 0.93 |
| Quick ratio | 1.27 | 1.16 | 0.72 | 1.29 | 1.42 | 1.88 | 3.80 | 1.91 | 0.58 | 0.50 |
| Debt / equity | 0.38 | 0.33 | 0.19 | 0.19 | 0.51 | 0.62 | 0.41 | 0.23 | 0.34 | 0.34 |
| Equity / assets | 54.0% | 57.8% | 62.1% | 61.3% | 50.8% | 49.0% | 56.6% | 64.6% | 59.4% | 59.9% |
| Jun '26 | Dec '25 | Jun '25 | Dec '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | Dec '22 | Sep '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $4.34B | $5.94B | $4.88B | $4.11B | $2.13B | $2.13B | $1.95B | $1.95B | $3.84B | $1.72B | $6.88B | $1.72B |
| Cash & equivalents | $4.34B | $5.71B | $4.88B | $3.92B | $1.98B | $1.98B | $1.74B | $1.74B | $3.47B | $1.55B | $6.20B | $1.55B |
| Short-term investments | $119.0M | $229.0M | $274.0M | $185.0M | $154.0M | $154.0M | $209.0M | $209.0M | $373.0M | $169.2M | $677.0M | $169.2M |
| Receivables | $2.11B | $959.0M | $2.23B | $2.68B | $1.46B | $1.46B | $1.64B | $987.0M | $1.22B | $412.8M | $1.10B | $412.8M |
| Inventory | $579.0M | $693.0M | $711.0M | $684.0M | $719.0M | $719.0M | $616.0M | $616.0M | $700.0M | $169.5M | $678.0M | $169.5M |
| Other current assets | $166.0M | $1.03B | $813.0M | $93.0M | $1.74B | $1.74B | $918.0M | $1.57B | $193.0M | $23.8M | $632.0M | $23.8M |
| Total current assets | $7.20B | $8.62B | $8.63B | $7.56B | $6.05B | $6.05B | $5.12B | $5.12B | $5.96B | $2.32B | $9.29B | $2.32B |
| Property, plant & equipment (net) | $49.59B | $48.77B | $46.30B | $44.65B | $42.03B | $42.03B | $42.69B | $42.69B | $42.76B | $10.50B | $41.99B | $10.50B |
| Goodwill & intangible assets | $4.86B | $4.85B | $4.89B | $4.83B | $3.70B | $3.70B | $4.18B | $4.00B | $9.34B | $1.15B | $9.23B | $1.15B |
| Long-term investments | $381.0M | $324.0M | $320.0M | $367.0M | $354.0M | $0 | $369.0M | $0 | $392.0M | $0 | $385.0M | $0 |
| Other non-current assets | $5.66B | $3.93B | $4.74B | $3.86B | $3.51B | $3.87B | $3.00B | $3.56B | $0 | $856.8M | $0 | $856.8M |
| Total assets | $67.68B | $66.50B | $64.88B | $61.26B | $55.64B | $55.64B | $55.36B | $55.36B | $56.74B | $14.83B | $59.32B | $14.83B |
| Liabilities | ||||||||||||
| Accounts payable | $1.78B | $1.73B | $1.60B | $2.08B | $1.60B | — | $1.66B | $1.66B | $1.93B | $189.8M | $2.03B | $189.8M |
| Short-term debt | $1.29B | $941.0M | $177.0M | $1.18B | $1.21B | $1.21B | $298.0M | $298.0M | $556.0M | $65.0M | $584.0M | $65.0M |
| Deferred revenue | — | — | — | $4.0M | −$2.01B | — | −$298.0M | — | $2.07B | $16.5M | $3.14B | — |
| Total current liabilities | $5.18B | $5.42B | $4.54B | $5.86B | $4.88B | $4.88B | $4.98B | $4.98B | $4.95B | $1.65B | $6.61B | $1.65B |
| Long-term debt | $10.39B | $12.78B | $13.38B | $10.44B | $6.16B | $0 | $6.20B | $0 | $6.12B | $0 | $6.19B | $0 |
| Lease obligations | $2.30B | $1.76B | $1.58B | $1.62B | $1.54B | — | $1.61B | — | $1.57B | — | $1.63B | — |
| Other long-term liabilities | $10.39B | $8.46B | $8.45B | $8.81B | $8.77B | $14.93B | $9.01B | $15.21B | $8.99B | $3.90B | $9.40B | $3.90B |
| Total liabilities | $25.96B | $26.66B | $26.37B | $25.11B | $19.81B | $19.81B | $20.19B | $20.19B | $20.05B | $5.55B | $22.19B | $5.55B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $29.04B | $29.04B | $29.00B | $29.00B | $29.00B | $29.00B | $29.00B | $29.00B | $29.00B | $7.25B | $29.00B | $7.25B |
| Retained earnings (deficit) | $1.05B | $6.13B | $666.0M | $2.35B | $1.41B | $5.09B | $4.30B | $4.30B | $5.89B | $835.5M | $6.88B | $835.5M |
| Accumulated other comprehensive income | $5.96B | $743.0M | $5.97B | $3.83B | $4.66B | $982.0M | $1.09B | $1.09B | $1.02B | −$6.31B | $452.0M | −$6.31B |
| Minority interest | $5.67B | $3.93B | $2.87B | $754.0M | — | — | — | — | — | — | — | — |
| Total shareholders' equity | $36.05B | $35.91B | $35.64B | $35.40B | $35.07B | $35.07B | $34.40B | $34.40B | $35.91B | $9.28B | $36.34B | $9.28B |
| Key figures | ||||||||||||
| Total debt | $13.67B | $13.72B | $13.55B | $11.62B | $7.37B | $5.82B | $6.50B | $6.20B | $6.68B | $1.28B | $6.77B | $1.28B |
| Net cash (debt) | −$9.33B | −$7.78B | −$8.68B | −$7.52B | −$5.23B | −$3.69B | −$4.55B | −$4.25B | −$2.84B | $432.0M | $106.0M | $432.0M |
| Working capital | $2.02B | $3.21B | $4.09B | $1.71B | $1.17B | $1.17B | $136.0M | $136.0M | $1.01B | $670.5M | $2.68B | $670.5M |
| Tangible book value | $31.20B | $31.06B | $30.75B | $30.57B | $31.37B | $31.37B | $30.22B | $30.40B | $26.57B | $8.13B | $27.11B | $8.13B |
| Book value per share | $18.82 | $18.76 | $18.64 | $18.50 | $18.35 | $18.35 | $18.14 | $18.14 | $18.80 | $6.09 | $19.03 | $6.09 |
| Shares outstanding | 1.92B | 1.91B | 1.91B | 1.91B | 1.91B | 1.91B | 1.90B | 1.90B | 1.91B | 1.52B | 1.91B | 1.52B |
| Current ratio | 1.39 | 1.59 | 1.90 | 1.29 | 1.24 | 1.24 | 1.03 | 1.03 | 1.20 | 1.41 | 1.41 | 1.41 |
| Quick ratio | 1.25 | 1.27 | 1.56 | 1.16 | 0.74 | 0.74 | 0.72 | 0.59 | 1.02 | 1.29 | 1.21 | 1.29 |
| Debt / equity | 0.38 | 0.38 | 0.38 | 0.33 | 0.21 | 0.17 | 0.19 | 0.18 | 0.19 | 0.14 | 0.19 | 0.14 |
| Equity / assets | 53.3% | 54.0% | 54.9% | 57.8% | 63.0% | 63.0% | 62.1% | 62.1% | 63.3% | 62.6% | 61.3% | 62.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 24, 2026); data from EODHD.
WDS financial position
At the end of fiscal 2025 (December 31, 2025), Woodside Energy had total assets of $66.5 billion (up 8.5% from a year earlier), total liabilities of $26.7 billion and shareholders' equity of $35.9 billion. It held $5.9 billion in cash and short-term investments against $13.7 billion of debt, net debt of $7.8 billion. Its current ratio was 1.59. In the latest quarter (ended June 30, 2026) total assets were $67.7 billion and equity $36.1 billion.
Related: WDS income statement, WDS cash flow statement, WDS key metrics. See the WDS stock overview for the latest quote and news.
WDS balance sheet FAQ
What are Woodside Energy's total assets?
Woodside Energy reported total assets of $66.5 billion at the end of fiscal 2025 (December 31, 2025), compared with $61.3 billion a year earlier.
How much debt does Woodside Energy have?
Woodside Energy had $13.7 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.38.
How much cash does Woodside Energy have?
Woodside Energy held $5.9 billion in cash and short-term investments at the end of fiscal 2025; with $13.7 billion of debt that is net debt of $7.8 billion.
What is Woodside Energy's book value?
Woodside Energy's shareholders' equity (book value) was $35.9 billion at the end of fiscal 2025, or $18.77 per share.
What is Woodside Energy's current ratio?
Woodside Energy had current assets of $8.6 billion and current liabilities of $5.4 billion, a current ratio of 1.59 (it can cover its short-term obligations).
How much goodwill does Woodside Energy have?
Woodside Energy carried $4.9 billion of goodwill and intangible assets, 7.3% of total assets, at the end of fiscal 2025.