Dollar Amounts
USD (Millions)
Balance sheet data in USD (millions)
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Over the five-year period Oracle’s balance sheet shows meaningful volatility but an overall strengthening by 2025. Total assets fell from $131.1B in 2021 to $109.3B in 2022 (−16.6%), then rebounded to $134.4B in 2023, $141.0B in 2024 and $168.4B in 2025 (2024–25 +19.4%). Total liabilities followed a similar, but smaller, swing: $125.9B → $115.5B (2022) → $133.3B (2023) → $132.3B (2024) → $147.9B (2025). Stockholders’ equity is the most notable series: a modest $5.2B in 2021 turned negative to −$6.2B in 2022 (liabilities exceeded assets), then recovered to $1.1B (2023), $8.7B (2024) and $20.5B (2025). By 2025 the equity/assets ratio has improved to ~12.2% from about 4.0% in 2021 (it was −5.7% in 2022), and the liabilities/assets ratio has fallen from ~96% to ~88%. The 2022 negative-equity blip is the key anomaly and suggests either large one-time charges, asset write-downs, significant share repurchases or acquisition/financing activity that temporarily left liabilities above assets; the subsequent recovery indicates asset growth outpacing liability growth and/or retained earnings rebuilding. From a solvency standpoint the balance sheet is materially healthier in 2025: assets rose sharply while equity turned strongly positive. In a software/enterprise tech context this pattern is plausible given aggressive buybacks, acquisition accounting (goodwill/amortization), and fluctuating deferred revenue or financing structures — so continued monitoring of debt levels, buyback/dividend policy and the composition of assets (cash, goodwill, intangibles vs. operating assets) is warranted despite the improved headline position.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.