YETI Holdings, Inc. (YETI) Balance Sheet
YETI balance sheet, 2025
December 31, 2025 · U.S. dollars$1.30B assets = $649.8M liabilities + $650.3M equity
Both columns are drawn to the same scale: what YETI owns equals what it owes plus shareholders’ equity. Hover a block for its value.
YETI financial health
Descriptive bands, not a rating. Fiscal 2025.
YETI balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $536.1M2016 | $1.30B2025 | +10.3%/yr | |
| Total liabilities | $631.2M2016 | $649.8M2025 | +0.3%/yr | |
| Shareholders’ equity | −$97.3M2016 | $650.3M2025 | — | |
| Cash & short-term investments | $21.3M2016 | $188.3M2025 | +27.4%/yr | |
| Total debt | $537.2M2016 | $228.5M2025 | −9.1%/yr | |
| Net cash (debt) | −$515.9M2016 | −$40.1M2025 | +$475.8M | |
| Working capital | $193.1M2016 | $326.0M2025 | +$132.8M | |
| Book value per share | −$1.162016 | $7.972025 | — | |
| Current ratio | 2.402016 | 1.982025 | −0.43 | |
| Debt / equity | 11.322018 | 0.352025 | −10.97 | |
| Shares outstanding | 83.6M2016 | 81.6M2025 | −0.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
YETI assets
YETI liabilities and equity
YETI debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
YETI balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $188.3M | $358.8M | $439.0M | $234.7M | $312.2M | $253.3M | $72.5M | $80.1M | $53.6M | $21.3M |
| Cash & equivalents | $188.3M | $358.8M | $439.0M | $234.7M | $312.2M | $253.3M | $72.5M | $80.1M | $53.6M | $21.3M |
| Short-term investments | — | — | — | — | — | — | — | — | $170,000 | $16.2M |
| Receivables | $141.4M | $120.2M | $95.8M | $79.4M | $109.5M | $65.4M | $82.7M | $59.3M | $67.2M | $37.2M |
| Inventory | $290.6M | $310.1M | $337.2M | $371.4M | $318.9M | $140.1M | $185.7M | $145.4M | $175.1M | $246.1M |
| Other current assets | $39.9M | $37.7M | $42.5M | $33.3M | $29.6M | $17.7M | $19.6M | $12.2M | $7.1M | $26.4M |
| Total current assets | $660.3M | $826.8M | $914.4M | $718.9M | $770.2M | $476.5M | $360.5M | $297.0M | $303.0M | $331.0M |
| Property, plant & equipment (net) | $273.6M | $204.5M | $208.3M | $180.0M | $174.0M | $112.2M | $120.4M | $74.1M | $73.8M | $47.1M |
| Goodwill & intangible assets | $292.1M | $244.6M | $171.9M | $153.7M | $149.6M | $146.4M | $145.1M | $134.3M | $128.6M | $138.5M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $74.0M | $10.2M | $2.6M | $24.1M | $2.6M | $2.0M | $3.5M | $8.8M | $11.0M | $19.5M |
| Total assets | $1.30B | $1.29B | $1.30B | $1.08B | $1.10B | $737.1M | $629.5M | $514.2M | $516.4M | $536.1M |
| Liabilities | ||||||||||
| Accounts payable | $140.2M | $158.5M | $190.4M | $140.8M | $191.3M | $123.6M | $83.8M | $68.7M | $40.3M | $19.4M |
| Short-term debt | $20.2M | $26.1M | $21.3M | $36.7M | $34.7M | $30.9M | $23.0M | $43.6M | $47.0M | $45.5M |
| Deferred revenue | $9.5M | $10.5M | $22.4M | $7.7M | $20.8M | $11.1M | $4.5M | $9.5M | $64.3M | $72.7M |
| Total current liabilities | $334.3M | $379.5M | $398.4M | $409.0M | $403.7M | $287.8M | $170.3M | $187.3M | $151.9M | $137.9M |
| Long-term debt | $68.1M | $71.6M | $75.2M | $71.7M | $95.7M | $111.0M | $281.7M | $284.4M | $428.6M | $491.7M |
| Lease obligations | $156.2M | $96.7M | $96.7M | $67.7M | $66.1M | $44.8M | $50.2M | — | — | — |
| Other long-term liabilities | $247.4M | $94.9M | $100.0M | $69.5M | $79.1M | $49.9M | $55.5M | $13.5M | $12.1M | $1.7M |
| Total liabilities | $649.8M | $546.0M | $573.6M | $550.3M | $578.5M | $448.6M | $507.5M | $485.2M | $592.7M | $631.2M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $900,000 | $892,000 | $886,000 | $881,000 | $877,000 | $871,000 | $868,000 | $842,000 | $815,000 | $814,000 |
| Retained earnings (deficit) | $779.5M | $614.1M | $438.4M | $268.6M | $178.9M | −$33.7M | −$189.5M | −$240.1M | −$296.2M | −$309.6M |
| Accumulated other comprehensive income | $362,000 | $756,000 | −$2.1M | −$420,000 | $353,000 | −$387,000 | $4,000 | −$94,000 | $43,000 | −$13.4M |
| Total shareholders' equity | $650.3M | $740.1M | $723.6M | $526.5M | $517.8M | $288.4M | $122.0M | $29.0M | −$76.2M | −$97.3M |
| Key figures | ||||||||||
| Total debt | $228.5M | $172.5M | $176.1M | $164.1M | $186.4M | $178.5M | $346.9M | $328.0M | $475.7M | $537.2M |
| Net cash (debt) | −$40.1M | $186.3M | $262.8M | $70.7M | $125.8M | $74.8M | −$274.4M | −$248.0M | −$422.0M | −$515.9M |
| Working capital | $326.0M | $447.3M | $516.1M | $309.9M | $366.5M | $188.7M | $190.2M | $109.7M | $151.1M | $193.1M |
| Tangible book value | $358.2M | $495.5M | $551.7M | $372.8M | $368.2M | $142.0M | −$23.1M | −$105.3M | −$204.8M | −$235.8M |
| Book value per share | $7.97 | $8.63 | $8.28 | $6.04 | $5.84 | $3.28 | $1.41 | $0.35 | −$0.91 | −$1.16 |
| Shares outstanding | 81.6M | 85.8M | 87.4M | 87.2M | 88.7M | 87.8M | 86.3M | 83.5M | 83.6M | 83.6M |
| Current ratio | 1.98 | 2.18 | 2.30 | 1.76 | 1.91 | 1.66 | 2.12 | 1.59 | 1.99 | 2.40 |
| Quick ratio | 0.99 | 1.26 | 1.34 | 0.77 | 1.04 | 1.11 | 0.91 | 0.74 | 0.80 | 0.42 |
| Debt / equity | 0.35 | 0.23 | 0.24 | 0.31 | 0.36 | 0.62 | 2.84 | 11.32 | — | — |
| Equity / assets | 50.0% | 57.5% | 55.8% | 48.9% | 47.2% | 39.1% | 19.4% | 5.6% | −14.8% | −18.1% |
| 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 | $59.8M | $127.8M | $188.3M | $164.5M | $269.7M | $259.0M | $358.8M | $280.5M | $212.9M | $173.9M | $439.0M | $281.4M |
| Cash & equivalents | $59.8M | $127.8M | $188.3M | $164.5M | $269.7M | $259.0M | $358.8M | $280.5M | $212.9M | $173.9M | $439.0M | $281.4M |
| Receivables | $174.8M | $136.0M | $141.4M | $157.4M | $163.6M | $120.5M | $120.2M | $143.7M | $159.1M | $108.3M | $95.8M | $127.9M |
| Inventory | $359.1M | $318.4M | $290.6M | $324.0M | $342.1M | $330.5M | $310.1M | $370.2M | $378.3M | $363.9M | $337.2M | $341.3M |
| Other current assets | $123.3M | $60.1M | $39.9M | $50.8M | $52.8M | $57.1M | $37.7M | $51.9M | $57.0M | $57.0M | $42.5M | $40.7M |
| Total current assets | $717.0M | $642.3M | $660.3M | $696.7M | $828.2M | $767.2M | $826.8M | $846.3M | $807.2M | $703.2M | $914.4M | $791.3M |
| Property, plant & equipment (net) | $276.4M | $270.2M | $273.6M | $268.7M | $223.0M | $219.6M | $204.5M | $213.0M | $212.3M | $207.1M | $208.3M | $192.6M |
| Goodwill & intangible assets | $298.4M | $296.2M | $292.1M | $286.1M | $248.5M | $246.5M | $244.6M | $210.8M | $209.8M | $206.8M | $171.9M | $168.4M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $9.9M | $9.8M | $74.0M | $8.7M | $3.4M | $4.6M | $10.2M | $3.0M | $3.0M | $2.7M | $2.6M | $3.5M |
| Total assets | $1.30B | $1.22B | $1.30B | $1.26B | $1.30B | $1.24B | $1.29B | $1.27B | $1.23B | $1.12B | $1.30B | $1.16B |
| Liabilities | ||||||||||||
| Accounts payable | $209.8M | $146.6M | $140.2M | $146.7M | $152.3M | $137.6M | $158.5M | $148.2M | $175.2M | $139.1M | $190.4M | $179.1M |
| Short-term debt | $19.8M | $19.9M | $20.2M | $21.9M | $27.4M | $27.4M | $26.1M | $23.7M | $22.8M | $22.1M | $21.3M | $19.9M |
| Deferred revenue | $10.9M | — | $9.5M | $15.7M | $8.6M | $9.8M | $10.5M | $13.9M | $9.8M | $11.1M | $22.4M | $17.0M |
| Total current liabilities | $409.6M | $305.6M | $334.3M | $322.0M | $329.0M | $297.2M | $379.5M | $328.1M | $351.9M | $298.8M | $398.4M | $360.8M |
| Long-term debt | $96.4M | $67.4M | $68.1M | $69.2M | $70.1M | $71.4M | $71.6M | $74.4M | $75.8M | $77.4M | $75.2M | $79.5M |
| Lease obligations | $152.2M | $152.6M | $156.2M | $147.5M | $100.5M | $105.2M | $96.7M | $97.3M | $94.6M | $91.1M | $96.7M | $73.6M |
| Other long-term liabilities | $186.2M | $185.7M | $247.4M | $166.3M | $101.2M | $105.0M | $94.9M | $100.7M | $98.8M | $96.8M | $100.0M | $76.7M |
| Total liabilities | $692.2M | $558.7M | $649.8M | $557.6M | $500.3M | $473.6M | $546.0M | $503.2M | $526.4M | $472.9M | $573.6M | $517.1M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $907,000 | $907,000 | $900,000 | $899,000 | $897,000 | $896,000 | $892,000 | $891,000 | $890,000 | $889,000 | $886,000 | $885,000 |
| Retained earnings (deficit) | $860.7M | $789.4M | $779.5M | $721.3M | $681.9M | $630.7M | $614.1M | $561.0M | $504.7M | $454.3M | $438.4M | $359.8M |
| Accumulated other comprehensive income | $879,000 | $767,000 | $362,000 | $21,000 | −$897,000 | −$253,000 | $756,000 | −$2.3M | −$1.3M | −$1.3M | −$2.1M | −$474,000 |
| Total shareholders' equity | $609.5M | $659.9M | $650.3M | $702.6M | $802.7M | $764.3M | $740.1M | $770.0M | $705.9M | $646.9M | $723.6M | $638.8M |
| Key figures | ||||||||||||
| Total debt | $253.0M | $224.6M | $228.5M | $222.5M | $177.0M | $183.1M | $172.5M | $178.0M | $176.9M | $174.8M | $176.1M | $159.6M |
| Net cash (debt) | −$193.2M | −$96.8M | −$40.1M | −$58.0M | $92.7M | $75.9M | $186.3M | $102.4M | $36.0M | −$936,000 | $262.8M | $121.7M |
| Working capital | $307.4M | $336.7M | $326.0M | $374.7M | $499.2M | $470.0M | $447.3M | $518.2M | $455.4M | $404.4M | $516.1M | $430.5M |
| Tangible book value | $311.1M | $363.7M | $358.2M | $416.4M | $554.3M | $517.8M | $495.5M | $559.1M | $496.1M | $440.1M | $551.7M | $470.4M |
| Book value per share | $8.04 | $8.60 | $8.31 | $8.63 | $9.62 | $9.15 | $8.72 | $9.01 | $8.26 | $7.42 | $8.25 | $7.29 |
| Shares outstanding | 75.8M | 76.7M | 78.2M | 81.4M | 83.5M | 83.5M | 84.9M | 85.5M | 85.5M | 87.2M | 87.7M | 87.6M |
| Current ratio | 1.75 | 2.10 | 1.98 | 2.16 | 2.52 | 2.58 | 2.18 | 2.58 | 2.29 | 2.35 | 2.30 | 2.19 |
| Quick ratio | 0.57 | 0.86 | 0.99 | 1.00 | 1.32 | 1.28 | 1.26 | 1.29 | 1.06 | 0.94 | 1.34 | 1.13 |
| Debt / equity | 0.42 | 0.34 | 0.35 | 0.32 | 0.22 | 0.24 | 0.23 | 0.23 | 0.25 | 0.27 | 0.24 | 0.25 |
| Equity / assets | 46.8% | 54.2% | 50.0% | 55.8% | 61.6% | 61.7% | 57.5% | 60.5% | 57.3% | 57.8% | 55.8% | 55.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 27, 2026); data from EODHD.
YETI financial position
At the end of fiscal 2025 (December 31, 2025), YETI had total assets of $1.3 billion (up 1.1% from a year earlier), total liabilities of $649.8 million and shareholders' equity of $650.3 million. It held $188.3 million in cash and short-term investments against $228.5 million of debt, net debt of $40.1 million. Its current ratio was 1.98. In the latest quarter (ended June 30, 2026) total assets were $1.3 billion and equity $609.5 million.
Related: YETI income statement, YETI cash flow statement, YETI key metrics. See the YETI stock overview for the latest quote and news.
YETI balance sheet FAQ
What are YETI's total assets?
YETI reported total assets of $1.3 billion at the end of fiscal 2025 (December 31, 2025), compared with $1.3 billion a year earlier.
How much debt does YETI have?
YETI had $228.5 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.35.
How much cash does YETI have?
YETI held $188.3 million in cash and short-term investments at the end of fiscal 2025; with $228.5 million of debt that is net debt of $40.1 million.
What is YETI's book value?
YETI's shareholders' equity (book value) was $650.3 million at the end of fiscal 2025, or $7.97 per share.
What is YETI's current ratio?
YETI had current assets of $660.3 million and current liabilities of $334.3 million, a current ratio of 1.98 (it can cover its short-term obligations).
How much goodwill does YETI have?
YETI carried $292.1 million of goodwill and intangible assets, 22.5% of total assets, at the end of fiscal 2025.