Amrize Ltd balance sheet

At the end of fiscal 2025, Amrize Ltd had total assets of $24.21bn, total liabilities of $11.09bn and shareholders' equity of $13.13bn. It held $1.92bn in cash against $5.27bn of debt: net debt of $3.35bn.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Amrize Ltd: balance sheet, annual
Fiscal year	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Cash and equivalents	1.1	1.6	1.9	0.3
Receivables	—	—	1.1	2.2
Inventory	—	1.5	1.5	1.6
Total current assets	—	4.8	4.6	4.2
Goodwill	9.0	8.9	9.0	9.1
Total assets	—	23.8	24.2	24.4
Accounts payable	—	—	1.5	1.3
Deferred revenue (current)	—	0.1	0.1	0.1
Total current liabilities	—	2.6	2.9	4.0
Short-term debt	—	0.0	0.3	0.7
Long-term debt	—	—	4.9	4.2
Total debt	0.0	0.0	5.3	5.8
Total liabilities	—	13.9	11.1	11.6
Shareholders' equity	9.2	9.9	13.1	12.8
Net debt (negative = net cash)	−1.1	−1.6	3.3	5.5
Shares outstanding	—	—	553m	537m

US$ billions unless shown otherwise. Fiscal quarters.

Amrize Ltd: balance sheet, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Receivables	—	—	—	—	1.1	1.4	2.1	2.2
Inventory	1.5	—	1.6	1.5	1.5	1.6	1.6	1.6
Total current assets	4.8	—	4.3	4.6	4.6	4.3	4.6	4.2
Goodwill	8.9	—	9.0	9.0	9.0	9.1	9.0	9.1
Total assets	23.8	—	23.8	24.0	24.2	24.3	24.6	24.4
Accounts payable	—	—	—	—	1.5	1.0	1.3	1.3
Deferred revenue (current)	0.1	—	0.0	0.0	0.1	0.1	0.1	0.1
Total current liabilities	2.6	—	3.1	3.2	2.9	3.1	4.2	4.0
Short-term debt	0.0	—	0.9	0.5	0.3	0.3	1.0	0.7
Long-term debt	—	—	—	—	4.9	4.9	4.2	4.2
Total debt	0.0	—	0.9	0.5	5.3	5.3	5.3	4.9
Total liabilities	13.9	—	11.3	11.1	11.1	11.2	11.7	11.6
Shareholders' equity	9.9	9.6	12.4	12.9	13.1	13.1	12.9	12.8
Shares outstanding	—	—	553m	553m	553m	554m	550m	537m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Amrize Ltd's SEC filings (10-K and 10-Q), retrieved October 31, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Amrize Ltd.