Madison Air Solutions 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	208.4	339.9	287.1
Short-Term Investments	-	79.3	14.8
Trading Asset Securities	0.3	-	-
Cash & Short-Term Investments	208.7	419.2	301.9
Cash Growth	-50.21%	38.85%	-
Accounts Receivable	475.4	386.9	337.9
Other Receivables	0.9	-	-
Receivables	476.3	404.5	354.2
Inventory	408.4	293.3	282
Prepaid Expenses	40.4	35.1	32.3
Other Current Assets	2.2	-	113.2
Total Current Assets	1,136	1,152	1,084
Property, Plant & Equipment	478.5	328.9	354.4
Long-Term Investments	-	6.9	-
Goodwill	3,319	2,226	2,236
Other Intangible Assets	3,232	1,733	1,848
Other Long-Term Assets	12.3	6.2	862.3
Total Assets	8,177	5,453	6,384
Accounts Payable	260.1	212.8	169.4
Accrued Expenses	180	123.2	161.8
Current Portion of Long-Term Debt	25.7	27	25.7
Current Portion of Leases	22	20.1	18.6
Current Income Taxes Payable	5.4	15.1	11.5
Current Unearned Revenue	128.3	77.1	57.1
Other Current Liabilities	59.9	46.6	97.4
Total Current Liabilities	681.4	521.9	541.5
Long-Term Debt	5,623	4,101	4,112
Long-Term Leases	95.8	87	91.9
Long-Term Unearned Revenue	13.3	7.1	-
Pension & Post-Retirement Benefits	5	6.3	-
Long-Term Deferred Tax Liabilities	651.1	284.6	341.6
Other Long-Term Liabilities	142.4	100.3	151.3
Total Liabilities	7,212	5,108	5,238
Additional Paid-In Capital	-	-	940.9
Retained Earnings	-6.3	-17.4	92.6
Comprehensive Income & Other	-30.7	-40.7	-22.9
Total Common Equity	-37	-58.1	1,011
Minority Interest	1,002	402.8	135.8
Shareholders' Equity	965	344.7	1,146
Total Liabilities & Equity	8,177	5,453	6,384
Total Debt	5,767	4,235	4,248
Net Cash (Debt)	-5,558	-3,816	-3,946
Working Capital	454.6	630.2	542.1
Tangible Book Value	-6,587	-4,017	-3,074
Land	26.2	15.7	16.3
Buildings	176	104.3	102.8
Machinery	319.8	235.6	227.3
Construction In Progress	29.4	12.1	14.4
Order Backlog	2,020	968.2	705.5

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q