Valmet Oyj (HEL:VALMT)

Valmet Oyj Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	618	535	482	432	277	517
Short-Term Investments	54	25	38	28	31	47
Cash & Short-Term Investments	672	560	520	460	308	564
Cash Growth	32.02%	7.69%	13.04%	49.35%	-45.39%	62.07%
Accounts Receivable	1,163	1,096	1,206	1,448	1,319	924
Other Receivables	69	67	64	56	268	178
Receivables	1,232	1,163	1,270	1,504	1,587	1,102
Inventory	950	884	903	1,048	934	662
Other Current Assets	305	245	251	284	58	35
Total Current Assets	3,159	2,852	2,944	3,296	2,887	2,363
Property, Plant & Equipment	750	740	726	698	600	468
Long-Term Investments	37	30	29	26	25	472
Goodwill	2,012	1,800	1,808	1,735	1,611	730
Other Intangible Assets	1,138	1,040	1,127	1,142	1,030	274
Long-Term Accounts Receivable	14	17	22	8	-	-
Long-Term Deferred Tax Assets	104	96	94	90	60	66
Other Long-Term Assets	66	59	82	69	58	46
Total Assets	7,280	6,634	6,832	7,064	6,271	4,420

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	497	500	460	520	442	374
Accrued Expenses	-	387	416	237	214	159
Current Portion of Long-Term Debt	338	132	115	103	155	222
Current Portion of Leases	49	48	50	43	35	22
Current Income Taxes Payable	83	58	75	85	79	79
Current Unearned Revenue	903	855	904	1,151	1,205	1,263
Other Current Liabilities	916	354	336	525	608	450
Total Current Liabilities	2,786	2,334	2,356	2,664	2,738	2,569
Long-Term Debt	1,359	1,153	1,272	1,240	555	195
Long-Term Leases	126	128	107	98	63	37
Pension & Post-Retirement Benefits	131	156	157	154	132	189
Long-Term Deferred Tax Liabilities	276	246	284	283	238	69
Other Long-Term Liabilities	23	27	42	54	46	29
Total Liabilities	4,701	4,044	4,218	4,493	3,772	3,088

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	140	140	140	140	140	100
Retained Earnings	1,119	1,168	1,137	1,096	997	804
Comprehensive Income & Other	1,313	1,276	1,330	1,329	1,357	422
Total Common Equity	2,572	2,584	2,607	2,565	2,494	1,326
Minority Interest	7	6	7	6	5	6
Shareholders' Equity	2,579	2,590	2,614	2,571	2,499	1,332
Total Liabilities & Equity	7,280	6,634	6,832	7,064	6,271	4,420

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	1,872	1,461	1,544	1,484	808	476
Net Cash (Debt)	-1,200	-901	-1,024	-1,024	-500	88
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-6.51	-4.89	-5.56	-5.56	-2.85	0.59
Filing Date Shares Outstanding	184.23	184.23	184.17	184.16	184.18	149.47
Total Common Shares Outstanding	184.23	184.23	184.17	184.16	184.18	149.47
Working Capital	373	518	588	632	149	-206
Book Value Per Share	13.96	14.03	14.16	13.93	13.54	8.87
Tangible Book Value	-578	-256	-328	-312	-147	322
Tangible Book Value Per Share	-3.14	-1.39	-1.78	-1.69	-0.80	2.15
Land	-	38	41	40	41	25
Buildings	-	472	461	449	428	395
Machinery	-	1,119	1,083	1,029	976	941
Construction In Progress	-	75	83	81	84	72
Order Backlog	-	4,306	4,452	3,973	4,403	4,096

Data Source: S&P Global Market Intelligence Last updated: Oct 28, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 8, 2026

Data Sources Report a data error