Pearson plc (PSO) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q4'25 | Q2'25 | Q4'24 | Q2'24 | Q4'23 | Q2'23 | Q4'22 | Q2'22 | Q4'21 | Q2'21 | Q4'20 | Q2'20 | Q4'19 | Q2'19 | Q4'18 | Q2'18 | Q4'17 | Q2'17 | Q4'16 | Q2'16 |
|---|
| Total Current Assets | 2.32B | 2.34B | 2.73B | 2.52B | 2.43B | 2.51B | 2.8B | 2.84B | 3.22B | 2.95B | 3.34B | 2.88B | 3.17B | 2.74B | 3.38B | 2.93B | 2.99B | 3.54B | 4.08B | 3.57B |
| Cash & Short-Term Investments | 332.41M | 347M | 543M | 332M | 312M | 355M | 543M | 392M | 937M | 648M | 1.1B | 687M | 437M | 417M | 568M | 330M | 526M | 469M | 1.47B | 1.01B |
| Cash Only | 332.41M | 347M | 543M | 332M | 312M | 355M | 543M | 392M | 937M | 648M | 1.1B | 687M | 437M | 417M | 568M | 330M | 518M | 458M | 1.46B | 980M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8M | 11M | 10M | 31M |
| Accounts Receivable | 1.1B | 999M | 1.01B | 1.08B | 831M | 1.36B | 947M | 1.47B | 882M | 1.77B | 825M | 1.09B | 1.13B | 1.27B | 1.07B | 1.06B | 740M | 1.23B | 1.21B | 1.34B |
| Days Sales Outstanding | 51.82 | 53.26 | 53.09 | 49.73 | 55.7 | 56.03 | 53.68 | 59.97 | 66.07 | 74.13 | 45.79 | 67.89 | 53.81 | 58.45 | 42.9 | 44.01 | 36.52 | 54.5 | 43.38 | 61.37 |
| Inventory | 65.88M | 71M | 74M | 89M | 91M | 110M | 105M | 103M | 98M | 126M | 129M | 174M | 0 | 212M | 164M | 167M | 148M | 238M | 235M | 274M |
| Days Inventory Outstanding | 7.19 | 7.85 | 8.59 | 9.39 | 10.43 | 10.22 | 8.76 | 9.52 | 11.24 | 13.88 | 15.04 | 18.72 | - | 18.98 | 14.65 | 15.76 | 16.41 | 21.73 | 19.66 | 24.26 |
| Other Current Assets | 822.55M | 925M | 1.1B | 1.02B | 964M | 989M | 1.1B | 932M | 1.1B | 875M | 1.1B | 917M | 1.48B | 836M | 1.67B | 771M | 1.79B | 985M | 1.3B | 945M |
| Total Non-Current Assets | 4.13B | 3.88B | 4.16B | 4.19B | 4.3B | 4.37B | 4.51B | 4.63B | 4.12B | 3.96B | 4.11B | 4.64B | 4.48B | 5.23B | 4.53B | 4.7B | 4.6B | 5.31B | 5.98B | 8.25B |
| Property, Plant & Equipment | 209.63M | 203M | 216M | 207M | 217M | 226M | 250M | 292M | 366M | 453M | 515M | 637M | 618M | 642M | 237M | 268M | 281M | 306M | 343M | 339M |
| Fixed Asset Turnover | 8.94x | 8.22x | 8.50x | 8.27x | 8.10x | 7.89x | 7.58x | 5.43x | 4.47x | 3.30x | 3.31x | 2.38x | 3.24x | 4.16x | 8.97x | 6.79x | 8.40x | 6.31x | 7.88x | 5.66x |
| Goodwill | 2.42B | 2.29B | 2.44B | 2.44B | 2.43B | 2.44B | 2.48B | 2.47B | 2.15B | 2.07B | 2.09B | 2.25B | 2.14B | 2.19B | 2.11B | 2.16B | 2.03B | 2.25B | 2.34B | 4.53B |
| Intangible Assets | 582.97M | 524M | 589M | 614M | 657M | 685M | 697M | 744M | 624M | 613M | 648M | 755M | 761M | 873M | 898M | 911M | 934M | 1.01B | 1.1B | 1.08B |
| Long-Term Investments | 342.4M | 137M | 153M | 152M | 399M | 394M | 383M | 392M | 137M | 343M | 144M | 498M | 464M | 1.02B | 501M | 471M | 467M | 726M | 1.3B | 1.22B |
| Other Non-Current Assets | 517.09M | 686M | 717M | 779M | 554M | 595M | 639M | 693M | 793M | 437M | 678M | 438M | 436M | 433M | 722M | 845M | 796M | 577M | 443M | 797M |
| Total Assets | 6.45B | 6.22B | 6.89B | 6.71B | 6.73B | 6.88B | 7.31B | 7.47B | 7.34B | 6.92B | 7.45B | 7.52B | 7.65B | 7.96B | 7.91B | 7.64B | 7.89B | 8.85B | 10.07B | 11.83B |
| Asset Turnover | 0.29x | 0.26x | 0.26x | 0.26x | 0.26x | 0.26x | 0.28x | 0.24x | 0.26x | 0.22x | 0.25x | 0.20x | 0.26x | 0.23x | 0.29x | 0.24x | 0.29x | 0.22x | 0.25x | 0.16x |
| Asset Growth % | -6.46% | -7.21% | 2.45% | -2.51% | -7.96% | -7.87% | -0.46% | 7.99% | -1.45% | -7.98% | -2.6% | -5.62% | -3.23% | 4.31% | 0.22% | -13.69% | -21.64% | -25.2% | -13.49% | 8.48% |
| Total Current Liabilities | 1.16B | 1.01B | 1.48B | 1.42B | 1.4B | 1.16B | 1.46B | 1.49B | 1.58B | 1.34B | 1.65B | 1.48B | 1.49B | 1.4B | 2.13B | 2B | 1.92B | 1.84B | 1.92B | 1.72B |
| Accounts Payable | 1.04B | 902M | 273M | 1.04B | 317M | 1.02B | 348M | 1.23B | 351M | 133M | 340M | 216M | 358M | 234M | 311M | 1.17B | 265M | 1.33B | 333M | 1.46B |
| Days Payables Outstanding | 102.07 | 63.59 | 68.96 | 70.55 | 69.4 | 65.02 | 66.65 | 75.09 | 24.29 | 25.75 | 27.6 | 30.88 | 28.31 | 27.51 | 65.67 | 71.94 | 67.86 | 76.46 | 69.38 | 89.15 |
| Short-Term Debt | 61.89M | 11M | 250M | 250M | 3M | 11M | 26M | 87M | 87M | 94M | 181M | 292M | 18M | 141M | 66M | 33M | 15M | 266M | 39M | 123M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 32M | 0 | 0 | 0 | 330M | 339M | 304M | 773M | 899M | 808M | 1.45B | 0 | 1.33B | 0 | 1.36B | 0 |
| Other Current Liabilities | -53.02M | 25M | 846M | 69M | 356M | 64M | 521M | 100M | 252M | 654M | 410M | 652M | -1.18B | -906M | -143M | 556M | -486M | 247M | -1.88B | 132M |
| Current Ratio | 2.00x | 2.31x | 1.85x | 1.78x | 1.73x | 2.16x | 1.91x | 1.90x | 2.04x | 2.21x | 2.03x | 1.94x | 2.13x | 1.95x | 1.58x | 1.46x | 1.56x | 1.92x | 2.12x | 2.08x |
| Quick Ratio | 1.94x | 2.24x | 1.80x | 1.72x | 1.67x | 2.07x | 1.84x | 1.83x | 1.98x | 2.11x | 1.95x | 1.82x | 2.13x | 1.80x | 1.51x | 1.38x | 1.48x | 1.79x | 2.00x | 1.92x |
| Cash Conversion Cycle | -43.05 | -2.49 | -7.29 | -11.43 | -3.27 | 1.23 | -4.21 | -5.6 | 53.02 | 62.26 | 33.23 | 55.73 | - | 49.92 | -8.12 | -12.17 | -14.93 | -0.23 | -6.34 | -3.51 |
| Total Non-Current Liabilities | 1.63B | 1.61B | 1.36B | 1.48B | 1.33B | 1.53B | 1.43B | 1.48B | 1.48B | 1.54B | 1.67B | 1.84B | 1.83B | 2.27B | 1.25B | 1.53B | 1.95B | 3.04B | 3.79B | 3.65B |
| Long-Term Debt | 1B | 1.01B | 705M | 842M | 611M | 816M | 610M | 594M | 680M | 678M | 787M | 1.55B | 823M | 1.87B | 672M | 1.07B | 1.06B | 1.82B | 2.4B | 2.51B |
| Capital Lease Obligations | 415.27M | 419M | 452M | 458M | 483M | 492M | 534M | 557M | 565M | 581M | 610M | 751M | 749M | 736M | 2M | 0 | 4M | 0 | 4M | 0 |
| Deferred Tax Liabilities | 88.84M | 68M | 63M | 56M | 46M | 31M | 37M | 96M | 40M | 103M | 62M | 43M | 48M | 107M | 136M | 137M | 164M | 470M | 466M | 548M |
| Other Non-Current Liabilities | 65M | 113M | 79M | 180M | 122M | 80M | 189M | 237M | 142M | 179M | 161M | -684M | 160M | -602M | 370M | 117M | 985M | 373M | 922M | 728M |
| Total Liabilities | 2.79B | 2.62B | 2.84B | 2.9B | 2.74B | 2.69B | 2.89B | 2.98B | 3.06B | 2.88B | 3.32B | 3.32B | 3.33B | 3.67B | 3.38B | 3.54B | 3.87B | 4.88B | 5.72B | 5.37B |
| Total Debt | 1.48B | 1.5B | 1.47B | 1.61B | 1.16B | 1.38B | 1.22B | 1.3B | 1.4B | 1.42B | 1.65B | 1.84B | 1.68B | 2.01B | 720M | 1.1B | 1.08B | 2.08B | 2.47B | 2.44B |
| Net Debt | 1.15B | 1.15B | 929M | 1.28B | 849M | 1.03B | 672M | 909M | 463M | 767M | 554M | 1.16B | 1.24B | 1.59B | 152M | 772M | 567M | 1.62B | 1.01B | 1.46B |
| Debt / Equity | 0.41x | 0.42x | 0.36x | 0.42x | 0.29x | 0.33x | 0.28x | 0.29x | 0.33x | 0.35x | 0.40x | 0.44x | 0.39x | 0.47x | 0.16x | 0.27x | 0.27x | 0.53x | 0.57x | 0.38x |
| Debt / EBITDA | 2.48x | 5.20x | 1.87x | 5.78x | 2.12x | 2.80x | 1.98x | 3.26x | 4.31x | 4.93x | 3.62x | 20.70x | 3.24x | 8.55x | 1.79x | 7.71x | 2.55x | 16.02x | 3.44x | - |
| Net Debt / EBITDA | 1.92x | 4.00x | 1.18x | 4.59x | 1.55x | 2.08x | 1.09x | 2.28x | 1.42x | 2.67x | 1.21x | 12.98x | 2.40x | 6.78x | 0.38x | 5.40x | 1.33x | 12.49x | 1.41x | - |
| Interest Coverage | 5.69x | 10.25x | 10.09x | 2.07x | 6.58x | 7.69x | 3.73x | 17.36x | 4.45x | 0.83x | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 3.66B | 3.6B | 4.05B | 3.81B | 3.99B | 4.19B | 4.42B | 4.49B | 4.28B | 4.04B | 4.13B | 4.19B | 4.32B | 4.29B | 4.53B | 4.1B | 4.02B | 3.96B | 4.35B | 6.46B |
| Equity Growth % | -9.78% | -5.41% | 1.63% | -9% | -9.67% | -6.77% | 3.15% | 11.22% | 3.53% | -3.67% | -4.37% | -2.31% | -4.46% | 4.76% | 12.53% | 3.41% | -7.52% | -38.67% | -32.25% | 19.54% |
| Book Value per Share | 5.62 | 5.37 | 5.93 | 5.54 | 5.57 | 5.82 | 6.05 | 5.97 | 5.64 | 5.34 | 5.49 | 5.52 | 5.55 | 5.53 | 5.82 | 5.26 | 4.95 | 4.86 | 5.34 | 7.93 |
| Total Shareholders' Equity | 3.64B | 3.59B | 4.04B | 3.8B | 3.97B | 4.17B | 4.4B | 4.48B | 4.27B | 4.03B | 4.13B | 4.18B | 4.31B | 4.28B | 4.52B | 4.09B | 4.01B | 3.96B | 4.34B | 6.46B |
| Common Stock | 157.72M | 163M | 166M | 167M | 174M | 179M | 179M | 185M | 189M | 189M | 188M | 188M | 195M | 195M | 195M | 195M | 200M | 206M | 205M | 205M |
| Retained Earnings | 627.89M | 658M | 827M | 574M | 745M | 942M | 881M | 925M | 1.07B | 781M | 865M | 688M | 911M | 780M | 1.04B | 749M | 662M | 417M | 716M | 3.21B |
| Treasury Stock | -8.98M | -22M | -7M | -15M | -19M | -20M | -15M | -22M | -12M | -7M | -7M | -17M | -24M | -58M | -33M | -59M | -61M | -76M | -79M | -69M |
| Accumulated OCI | 211.63M | 138M | 403M | 426M | 432M | 439M | 724M | 765M | 400M | 444M | 459M | 708M | 617M | 755M | 708M | 599M | 610M | 810M | 905M | 516M |
| Minority Interest | 14.97M | 16M | 15M | 15M | 14M | 13M | 13M | 11M | 10M | 10M | 9M | 10M | 10M | 10M | 9M | 9M | 8M | 5M | 4M | 3M |