A.P. Møller - Mærsk Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	9,042	6,575	6,701	10,057	11,832
Short-Term Investments	12,340	17,460	12,844	18,594	5,003
Cash & Short-Term Investments	21,382	24,035	19,545	28,651	16,835
Cash Growth	-11.04%	22.97%	-31.78%	70.19%	186.99%
Accounts Receivable	5,306	5,849	5,359	6,971	5,403
Other Receivables	1,604	1,971	1,742	1,325	995
Receivables	6,910	7,820	7,101	8,296	6,529
Inventory	1,391	1,601	1,658	1,604	1,457
Prepaid Expenses	587	566	1,269	1,245	542
Other Current Assets	339	50	1,927	267	439
Total Current Assets	30,609	34,072	31,500	40,063	25,802
Property, Plant & Equipment	42,024	38,850	36,729	39,161	37,209
Long-Term Investments	2,173	2,104	2,148	2,395	2,739
Goodwill	5,328	5,130	5,161	5,205	1,561
Other Intangible Assets	5,092	4,694	4,963	5,580	4,208
Long-Term Deferred Tax Assets	484	365	343	399	356
Other Long-Term Assets	2,501	2,363	1,622	852	384
Total Assets	88,352	87,697	82,578	93,680	72,271
Accounts Payable	6,847	6,698	6,401	6,804	6,241
Current Portion of Long-Term Debt	1,100	526	197	255	469
Current Portion of Leases	3,076	2,684	2,650	3,032	2,398
Current Income Taxes Payable	514	621	442	569	424
Current Unearned Revenue	552	748	568	102	110
Other Current Liabilities	2,346	2,646	2,611	2,559	2,451
Total Current Liabilities	14,435	13,923	12,869	13,321	12,093
Long-Term Debt	4,803	4,539	4,169	3,774	4,315
Long-Term Leases	9,941	8,728	7,798	8,582	8,153
Pension & Post-Retirement Benefits	209	179	191	191	215
Long-Term Deferred Tax Liabilities	879	834	766	883	520
Other Long-Term Liabilities	1,389	1,547	1,695	1,897	1,387
Total Liabilities	31,656	29,750	27,488	28,648	26,683
Common Stock	2,870	2,870	3,186	3,392	3,513
Retained Earnings	53,372	55,290	51,822	61,646	41,787
Comprehensive Income & Other	-661	-1,243	-978	-1,047	-792
Total Common Equity	55,581	56,917	54,030	63,991	44,508
Minority Interest	1,115	1,030	1,060	1,041	1,080
Shareholders' Equity	56,696	57,947	55,090	65,032	45,588
Total Liabilities & Equity	88,352	87,697	82,578	93,680	72,271
Total Debt	18,920	16,477	14,814	15,643	15,335
Net Cash (Debt)	2,462	7,558	4,731	13,008	1,500
Net Cash Growth	-67.42%	59.76%	-63.63%	767.20%	-
Net Cash Per Share	161.20	478.44	280.37	710.52	78.41
Filing Date Shares Outstanding	14.67	15.71	15.98	17.62	18.71
Total Common Shares Outstanding	14.67	15.71	15.98	17.62	18.71
Working Capital	16,174	20,149	18,631	26,742	13,709
Book Value Per Share	3789.39	3623.29	3380.26	3632.14	2379.35
Tangible Book Value	45,161	47,093	43,906	53,206	38,739
Tangible Book Value Per Share	3078.98	2997.91	2746.88	3019.98	2070.95
Machinery	47,210	44,890	42,961	48,699	47,804
Construction In Progress	2,939	3,612	3,631	2,296	1,177

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.