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STGWStagwell Inc.
$6.96$1.8B
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HomeStocksSTGWBalance Sheet

Stagwell Inc. (STGW) Balance Sheet

30Y historyFree accessUpdated daily

The company's financial position appears increasingly precarious, with a debt-to-equity ratio of 2.29 and $1.6 billion in goodwill, which represents a substantial portion of its $4.2 billion total asset base.

STGW Balance Sheet

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly
MetricTTMDec'25Dec'24Dec'23Dec'22Dec'21Dec'20Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07Dec'06Dec'05Dec'04Dec'03Dec'02Dec'01Dec'00Dec'99Dec'98Dec'97Dec'96
Total Current Assets1.22B1.16B1.14B1.03B1.03B1.01B365.69M621.97M589.85M542.77M489.58M508.75M552.24M500.51M462.15M298.41M250.12M202.25M175.74M173.44M166.48M153.2M157.01M164.72M118.76M166.66M204.99M177.18M124.65M77.72M91.9M
Cash & Short-Term Investments114.94M104.54M131.34M119.74M220.59M184.01M92.46M106.93M30.87M50.81M33.26M66.58M119.77M102.01M60.33M8.1M10.95M51.93M41.33M10.41M6.59M12.92M22.67M71.88M37.87M37.25M40.7M24.38M11.37M-899.12K30.1M
Cash Only114.94M104.54M131.34M119.74M220.59M184.01M92.46M106.93M30.87M50.81M33.26M66.58M119.77M102.01M60.33M8.1M10.95M51.93M41.33M10.41M6.59M12.92M22.67M71.88M37.87M37.25M40.7M24.38M11.37M-899.12K30.1M
Short-Term Investments0000000000000000000000000000000
Accounts Receivable727.58M900.45M889.61M811.27M738.92M760M236.8M484.45M441.96M469.8M422.96M405.67M395.73M373.04M384.93M238.59M195.31M118.21M123.9M154.67M153.82M125.16M119.23M80.98M67.6M89.68M105.32M93.93M52.72M38.66M26M
Days Sales Outstanding102.47112.98114.28117.17100.35188.7997.33281.27109.28113.28111.4111.64118.06118.52131.2292.32102.1679.0377.35103.15132.52103.01137.3694.5241.1846.8149.475.0962.172.1155.79
Inventory00000000000000000000010.36M10.79M6.79M7.02M14.62M30.8M36.94M34.21M30.27M28.8M
Days Inventory Outstanding---------------------14.4519.48.988.2315.2227.9867.2679.2100.82105.65
Other Current Assets372.5M157.31M114.2M94.05M74.01M61.83M36.43M30.59M117.02M22.16M33.36M36.49M36.98M25.46M16.89M51.72M43.87M32.11M5.27M2.42M1.25M17.18M813K5.07M6.28M25.11M28.16M21.93M26.36M9.69M7M
Total Non-Current Assets3.03B3.05B2.77B2.74B2.96B3.05B648.17M1.21B1.02B1.16B1.09B1.08B1.1B924.72M882.79M757.33M664.22M402.27M353.5M347.26M327.02M354.12M280.85M183.69M266.16M410.18M533.56M448.59M354.53M205.6M172.2M
Property, Plant & Equipment273.87M286.66M292.11M332.1M372.44M409.17M93.37M304.68M88.19M90.31M78.38M63.56M60.24M52.07M52.91M47.74M41.05M35.38M44.02M47.44M44.42M63.53M55.37M80.15M48.5M69.05M105.45M107.71M84M57.74M70.9M
Fixed Asset Turnover10.50x10.15x9.73x7.61x7.22x3.59x9.51x2.06x16.74x16.76x17.68x20.87x20.31x22.06x20.23x19.76x17.00x15.43x13.28x11.54x9.54x6.98x5.72x3.90x12.35x10.13x7.38x4.24x3.69x3.39x2.40x
Goodwill1.6B1.6B1.55B1.5B1.57B1.65B351.73M731.69M740.96M835.93M844.76M870.3M851.37M744.33M720.07M605.24M514.49M301.63M238.21M217.73M203.69M195.03M146.49M00000000
Intangible Assets822.84M834.25M836.78M818.22M907.53M958.78M186.03M54.89M174.57M70.61M85.07M72.38M86.12M56.26M63.24M57.98M67.13M34.72M46.85M55.4M48.93M57.14M47.27M103.54M186.03M290.67M340.02M289.09M245.88M117.68M101.3M
Long-Term Investments00000013.9M16.02M14.63M15.83M14.88M18.03M0000000000000000000
Other Non-Current Assets55.01M55.05M90.04M92.84M116.14M29.06M3.15M14.16M394.27M28.12M22.92M41.87M80.16M50.92M37.23M30.99M19.95M18.01M12.48M17.52M16.64M22.37M18.83M012.07M50.45M88.09M51.79M24.65M30.17M0
Total Assets4.24B4.21B3.91B3.77B4B4.06B1.01B1.83B1.61B1.7B1.58B1.59B1.65B1.43B1.34B1.06B914.35M604.52M529.24M520.7M493.5M507.31M437.86M348.41M384.92M576.84M738.55M625.77M479.17M283.32M264.11M
Asset Turnover0.70x0.69x0.73x0.67x0.67x0.36x0.88x0.34x0.92x0.89x0.88x0.83x0.74x0.81x0.80x0.89x0.76x0.90x1.10x1.05x0.86x0.87x0.72x0.90x1.56x1.21x1.05x0.73x0.65x0.69x0.64x
Asset Growth %40.46%7.84%3.75%-5.74%-1.45%300.02%-44.55%13.45%-5.14%7.7%-0.81%-3.56%15.69%5.97%27.39%15.46%51.25%14.22%1.64%5.51%-2.72%15.86%25.67%-9.49%-33.27%-21.9%18.02%30.59%69.13%7.28%96.12%
Total Current Liabilities1.47B1.48B1.37B1.37B1.37B1.29B336.96M819.64M742.54M775.63M802.82M912.62M821.5M690.32M688.83M426.3M352.67M242.4M187.84M195.8M271.51M253.13M192.88M124.56M122.29M151.27M167.38M136.45M95.57M56.34M46.8M
Accounts Payable526.1M548.32M449.35M414.98M357.25M271.77M147.83M200.15M222M244.53M251.46M359.57M316.29M246.69M356.85M178.28M131.07M77.45M75.36M65.84M90.59M56.98M77.21M91.29M107.06M128.77M149.9M111.78M84.51M48.85M41.9M
Days Payables Outstanding92.61108.4288.9993.4377.92109.3894.4194.1578.1183.6593.41140.83144.57119.34176.2296.48100.1979.7970.1468.3133.9779.48138.83120.66125.52134.02136.16203.52195.66162.7153.7
Short-Term Debt54.33M55.39M0000994K48.66M356K313K228K470K534K467K1.86M1.24M1.67M1.46M1.55M1.8M51.09M79.81M9.24M18.65M4.1M7.57M6.59M11.05M3.72M3.2M2.7M
Deferred Revenue (Current)339.62M0294.61M301.67M337.03M361.88M66.42M171.74M138.5M148.13M133.93M119.1M142.61M149.54M131.91M122.02M000000013.52M11.13M000000
Other Current Liabilities888.42M876.3M51.91M66.95M90.18M77.95M12.58M387.37M381.68M382.66M417.21M433.49M362.08M293.62M198.22M124.76M219.93M163.49M110.93M128.17M129.84M109.87M106.21M1.11M014.93M10.89M13.62M7.34M4.3M2.2M
Current Ratio0.83x0.79x0.83x0.75x0.75x0.78x1.09x0.76x0.79x0.70x0.61x0.56x0.67x0.73x0.67x0.70x0.71x0.83x0.94x0.89x0.61x0.61x0.81x1.32x0.97x1.10x1.22x1.30x1.30x1.38x1.96x
Quick Ratio0.83x0.79x0.83x0.75x0.75x0.78x1.09x0.76x0.79x0.70x0.61x0.56x0.67x0.73x0.67x0.70x0.71x0.83x0.94x0.89x0.61x0.56x0.76x1.27x0.91x1.01x1.04x1.03x0.95x0.84x1.35x
Cash Conversion Cycle9.86--------------------37.9817.94-17.16-76.12-71.99-58.78-61.17-54.3710.227.74
Total Non-Current Liabilities2.03B1.93B1.76B1.56B1.66B1.84B277.75M1.16B1.06B1.02B1.22B1.1B1.18B1.01B740.92M534.95M469.81M267.98M191.6M172.04M51.02M57.55M56.9M102.11M155.84M331.33M386.31M336.47M252.52M143.66M139.2M
Long-Term Debt1.65B1.33B1.35B1.15B1.18B1.19B198.02M887.63M953.87M882.41M935.78M740.84M742.02M664.14M428.72M383.14M283.76M215.05M178.84M161.2M43.28M47.17M46.06M102.11M155.84M331.33M372.54M336.47M252.62M143.66M139.3M
Capital Lease Obligations231.15M224.4M245.4M281.31M294.05M342.73M52.61M219.16M356.48K393K431K200K576K525K1.13M799K792K1.44M1.12M1.76M1.08M1.57M4.26M00000000
Deferred Tax Liabilities210.42M54.73M47.24M40.51M40.88M103.09M16.05M4.19M5.33M6.76M110.36M92.58M78M63.02M53.02M50.72M19.64M9.05M4.7M819K1.14M2.45M854K00013.77M0000
Other Non-Current Liabilities321M328.06M109.35M89.01M138.84M201.57M11.07M51.28M104.9M126.32M184.2M261.61M355.38M283.84M258.06M100.29M165.62M42.44M6.95M8.27M5.51M6.37M5.72M01K01K0-100.6K0-100K
Total Liabilities3.5B3.41B3.12B2.93B3.03B3.13B614.71M1.98B1.81B1.79B2.03B2.01B2B1.7B1.43B961.25M822.48M510.37M379.44M367.85M322.53M310.68M249.78M226.68M278.13M482.59M553.68M472.92M348.09M200M186M
Total Debt1.71B1.61B1.66B1.49B1.56B1.61B271.2M1.16B954.59M883.12M936.44M741.51M743.13M665.13M431.7M385.17M286.22M217.95M181.5M164.75M95.45M126.98M59.56M120.76M159.94M338.9M379.13M347.51M256.34M146.86M142M
Net Debt1.59B1.5B1.53B1.37B1.33B1.42B178.75M1.05B923.71M832.31M903.17M674.93M623.36M563.12M371.37M377.08M275.27M166.02M140.17M154.34M88.86M114.06M36.89M48.88M122.07M301.65M338.43M323.14M244.97M147.75M111.9M
Debt / Equity2.29x2.00x2.11x1.79x1.61x1.74x0.68x--------7.01x2.09x1.76x1.43x1.29x0.77x0.83x0.42x1.01x1.65x4.00x2.26x2.34x1.99x1.79x1.84x
Debt / EBITDA4.77x4.04x4.61x4.82x4.23x8.87x2.17x15.12x7.22x4.76x6.08x3.81x5.51x87.42x15.14x7.77x4.51x3.98x3.24x3.02x2.37x2.47x2.62x3.30x-1.99x4.43x4.02x5.01x5.88x6.96x
Net Debt / EBITDA4.45x3.77x4.25x4.43x3.63x7.85x1.43x13.72x6.98x4.48x5.86x3.47x4.62x74.02x13.03x7.61x4.34x3.03x2.50x2.83x2.21x2.22x1.62x1.34x-1.77x3.95x3.74x4.78x5.92x5.49x
Interest Coverage1.52x1.65x1.41x2.00x1.99x2.87x13.43x4.57x-2.32x0.24x0.66x1.27x-2.00x-0.40x0.19x0.88x0.84x2.36x1.51x1.38x2.25x2.30x2.44x7.54x-1.47x2.06x-2.02x-1.94x
Total Equity746.83M801.34M785.32M836.06M967.92M922.4M399.15M-153.6M-195.42M-92.63M-449.3M-417.6M-246.28M-181.17M-24.88M54.98M136.62M124.05M127.18M127.93M124.41M152.15M143.02M119.2M96.95M84.66M167.95M148.7M128.77M81.92M77.2M
Equity Growth %4.03%2.04%-6.07%-13.62%4.93%131.09%359.86%21.4%-110.98%79.38%-7.59%-69.56%-35.94%-628.19%-145.25%-59.76%10.13%-2.46%-0.59%2.83%-18.23%6.38%19.98%22.95%14.52%-49.59%12.95%15.47%57.19%6.11%45.7%
Book Value per Share2.983.036.786.847.8010.205.15-2.22-3.42-1.67-8.75-8.37-4.97-3.85-0.541.263.233.023.093.413.474.354.183.532.533.346.705.595.244.764.24
Total Shareholders' Equity722.51M776.37M331.73M356.69M498.65M370.75M358.76M-230.83M-311.48M-213.54M-575.11M-566.15M-441.24M-329.7M-142.83M-52.46M59.06M90.33M127.18M127.93M124.41M152.15M143.02M119.2M96.95M84.66M167.95M148.7M128.77M81.92M77.2M
Common Stock246K252K117K120K134K120K358.76M101.47M58.58M38.19M320.14M269.84M265.82M262.66M253.87M000000178.59M164.06M117.29M0093.75M106.12M000
Retained Earnings20.08M32.93M11.74M21.15M22.09M-6.98M0-480.78M-464.9M-340M-581.85M-526.99M-489.63M-465.58M-316.71M-231.27M-146.74M-131.16M-112.84M-112.97M-86.61M-53.08M-45.08M-27.26M-31.88M-46.27M45.3M19.81M4.93M-3.4M12.8M
Treasury Stock0000000000000000000000000000000
Accumulated OCI-26.91M-19.25M-23.77M-13.07M-15.48M-5.28M0-4.27M4.72M-1.95M-1.82M6.26M-8M-1M-7M-5M-4M-6M-7M6M1M3M-58.34M-53.34M-47.03M-63.64M-88.78M-77.7M-58.15M-29.07M-24.2M
Minority Interest24.32M24.97M453.59M479.37M469.27M551.65M40.39M77.23M116.06M120.92M125.81M148.55M194.95M148.53M117.95M107.43M77.56M33.73M0000000000000

Key Metrics

Growth RegimeMixed
ProfitabilityStrained
Balance SheetVulnerable
Cash FlowDeteriorating
Top Statement Risk

High leverage and goodwill

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Balance Sheet Deterioration Amidst Expansion

According to the latest quarterly filings, Stagwell's equity base has experienced significant volatility, dropping from $776.4 million in 2025Q4 to $722.5 million in 2026Q1, while total liabilities remain elevated at $3.5 billion, signaling a weakening financial position that warrants close investor scrutiny regarding long-term solvency.

The contraction in equity relative to a persistent debt load suggests that the company's aggressive growth strategy is failing to build meaningful book value. This trend indicates that the business model may be struggling to convert its acquisition-led expansion into sustainable balance sheet strength.

Leverage Constraints Limit Strategic Flexibility

As reported in financial statements, Stagwell's debt-to-equity ratio climbed to 2.29 in 2026Q1, up from 2.00 in the previous quarter, reflecting a reliance on debt financing that appears increasingly precarious given the company's thin net margins and volatile cash flow generation capabilities.

The elevated leverage ratio suggests that the company has limited room for further debt-funded acquisitions without risking a credit profile deterioration. Investors should monitor whether the current debt load necessitates future equity dilution to stabilize the capital structure.

Goodwill Concentration Risks Asset Quality

Based on reported figures, goodwill accounts for $1.6 billion of the company's $4.2 billion in total assets as of 2026Q1, representing a significant portion of the balance sheet that may be susceptible to impairment if the acquired agency brands fail to meet performance expectations.

The heavy reliance on intangible assets highlights the risks inherent in the company's buy-and-build strategy. If organic growth continues to decelerate, the carrying value of these assets may require downward adjustments, which would further erode the already thin equity base.

Tight Liquidity Buffers Raise Concerns

As indicated by the 2026Q1 current ratio of 0.83, Stagwell's ability to cover short-term obligations appears constrained, with cash reserves of only $114.9 million providing a limited buffer against the working capital volatility observed in recent periods, according to the latest balance sheet data.

A current ratio consistently below 1.0 suggests that the company is operating with minimal liquidity, leaving it vulnerable to sudden shifts in client payment cycles or unexpected operational costs. This tight liquidity position may force management to prioritize cash preservation over strategic investments.

Hidden Risks in Capital Structure

Based on the provided data, the company's reliance on debt to fund operations while maintaining minimal retained earnings of $20.1 million in 2026Q1 suggests that the balance sheet is effectively leveraged to support growth, leaving little margin for error in a high-interest rate environment.

The lack of significant retained earnings indicates that the company has not yet achieved the scale or profitability required to self-fund its operations. This structural dependency on external financing makes the company's valuation highly sensitive to credit market conditions and interest rate fluctuations.

STGW — Frequently Asked Questions

Quick answers to the most common questions about buying STGW stock.

What are the total assets of Stagwell Inc. (STGW)?

As of 2025, Stagwell Inc. (STGW) had total assets of $4.21B including $1.16B in current assets.

How much debt does Stagwell Inc. (STGW) have?

Stagwell Inc. (STGW) carries total debt of $1.61B, offset by $104.5M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.

What is the book value or shareholders' equity of Stagwell Inc.?

Stagwell Inc. (STGW) has total shareholders' equity (book value) of $776.4M ($3.03 book value per share). Book value represents the net worth of the company belonging to common stock holders.

What is Stagwell Inc.'s current ratio and liquidity?

Stagwell Inc. (STGW) reported a current ratio of 0.79x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.