Xerox Corp (XRX) — Working Capital to Net Assets Ratio
Xerox Corp (XRX) has a Working Capital to Net Assets ratio of 109.3% as of March 2026. Working capital of $578.00 Million (current assets of $3.78 Billion minus current liabilities of $3.20 Billion) is measured against net assets of $529.00 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See XRX FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Xerox Corp Working Capital to Net Assets (1985–2025)
This chart shows how Xerox Corp's Working Capital to Net Assets ratio has evolved across 40 annual periods from 1985 to 2025. As of March 2026, the ratio stands at 109.3%, reflecting working capital of $578.00 Million against net assets of $529.00 Million USD. See Xerox Corp liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Xerox Corp (1985–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Xerox Corp from 1985 to 2025, covering 40 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see market value of Xerox Corp.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 56.3% | $379.00 Million | $673.00 Million | $3.61 Billion | $3.23 Billion | ▲ +32.1 pp |
| 2024 | 24.2% | $316.00 Million | $1.30 Billion | $2.94 Billion | $2.62 Billion | ▲ +9.9 pp |
| 2023 | 14.4% | $398.00 Million | $2.77 Billion | $3.18 Billion | $2.78 Billion | ▼ -7.4 pp |
| 2022 | 21.7% | $777.00 Million | $3.58 Billion | $4.11 Billion | $3.33 Billion | ▼ -20.3 pp |
| 2021 | 42.0% | $1.87 Billion | $4.45 Billion | $4.70 Billion | $2.83 Billion | ▼ -14.8 pp |
| 2020 | 56.9% | $3.31 Billion | $5.81 Billion | $5.78 Billion | $2.48 Billion | ▲ +10.4 pp |
| 2019 | 46.5% | $2.71 Billion | $5.82 Billion | $6.14 Billion | $3.44 Billion | ▲ +19.0 pp |
| 2018 | 27.5% | $1.44 Billion | $5.25 Billion | $4.70 Billion | $3.25 Billion | ▼ -17.7 pp |
| 2017 | 45.2% | $2.49 Billion | $5.51 Billion | $5.23 Billion | $2.74 Billion | ▼ -1.1 pp |
| 2016 | 46.3% | $2.34 Billion | $5.05 Billion | $6.99 Billion | $4.65 Billion | ▲ +30.9 pp |
| 2015 | 15.3% | $1.46 Billion | $9.48 Billion | $6.68 Billion | $5.23 Billion | ▼ -10.0 pp |
| 2014 | 25.3% | $2.80 Billion | $11.06 Billion | $8.87 Billion | $6.08 Billion | ▲ +3.2 pp |
| 2013 | 22.1% | $2.83 Billion | $12.77 Billion | $8.51 Billion | $5.69 Billion | ▲ +2.5 pp |
| 2012 | 19.7% | $2.36 Billion | $12.01 Billion | $8.27 Billion | $5.91 Billion | ▲ +6.9 pp |
| 2011 | 12.7% | $1.53 Billion | $12.03 Billion | $7.91 Billion | $6.38 Billion | ▼ -5.5 pp |
| 2010 | 18.3% | $2.22 Billion | $12.16 Billion | $8.64 Billion | $6.42 Billion | ▼ -55.0 pp |
| 2009 | 73.3% | $5.27 Billion | $7.19 Billion | $9.73 Billion | $4.46 Billion | ▲ +30.0 pp |
| 2008 | 43.3% | $2.70 Billion | $6.24 Billion | $8.15 Billion | $5.45 Billion | ▼ -8.1 pp |
| 2007 | 51.4% | $4.46 Billion | $8.69 Billion | $8.54 Billion | $4.08 Billion | ▼ -5.9 pp |
| 2006 | 57.3% | $4.06 Billion | $7.08 Billion | $8.75 Billion | $4.70 Billion | ▼ -3.6 pp |
| 2005 | 60.9% | $4.39 Billion | $7.21 Billion | $8.74 Billion | $4.35 Billion | ▼ -4.0 pp |
| 2004 | 64.9% | $4.63 Billion | $7.13 Billion | $10.93 Billion | $6.30 Billion | ▲ +5.8 pp |
| 2003 | 59.1% | $2.77 Billion | $4.68 Billion | $10.34 Billion | $7.57 Billion | ▼ -71.5 pp |
| 2002 | 130.6% | $3.23 Billion | $2.47 Billion | $11.02 Billion | $7.79 Billion | ▲ +37.0 pp |
| 2001 | 93.7% | $2.34 Billion | $2.50 Billion | $12.60 Billion | $10.26 Billion | ▼ -64.1 pp |
| 2000 | 157.8% | $6.75 Billion | $4.28 Billion | $13.02 Billion | $6.27 Billion | ▲ +94.2 pp |
| 1999 | 63.6% | $4.04 Billion | $6.34 Billion | $11.98 Billion | $7.95 Billion | ▼ -6.4 pp |
| 1998 | 70.0% | $3.97 Billion | $5.67 Billion | $12.47 Billion | $8.51 Billion | ▲ +17.2 pp |
| 1997 | 52.8% | $3.07 Billion | $5.82 Billion | $10.77 Billion | $7.69 Billion | ▲ +3.1 pp |
| 1996 | 49.7% | $2.95 Billion | $5.93 Billion | $10.15 Billion | $7.20 Billion | ▼ -2.9 pp |
| 1995 | 52.6% | $2.83 Billion | $5.39 Billion | $9.83 Billion | $7.00 Billion | ▼ -8.9 pp |
| 1994 | 61.5% | $3.71 Billion | $6.03 Billion | $10.55 Billion | $6.84 Billion | ▼ -68.6 pp |
| 1993 | 130.1% | $7.65 Billion | $5.88 Billion | $13.66 Billion | $6.01 Billion | ▼ -143.1 pp |
| 1992 | 273.2% | $15.93 Billion | $5.83 Billion | $21.39 Billion | $5.46 Billion | ▲ +13.4 pp |
| 1991 | 259.8% | $18.28 Billion | $7.04 Billion | $23.94 Billion | $5.65 Billion | ▲ +10.7 pp |
| 1990 | 249.1% | $17.35 Billion | $6.96 Billion | $22.55 Billion | $5.20 Billion | ▼ -13.5 pp |
| 1989 | 262.6% | $17.93 Billion | $6.83 Billion | $22.91 Billion | $4.98 Billion | ▲ +231.0 pp |
| 1987 | 31.5% | $1.61 Billion | $5.11 Billion | $4.46 Billion | $2.85 Billion | ▼ -6.2 pp |
| 1986 | 37.7% | $1.77 Billion | $4.69 Billion | $3.97 Billion | $2.21 Billion | ▼ -0.7 pp |
| 1985 | 38.4% | $1.69 Billion | $4.39 Billion | $3.90 Billion | $2.22 Billion | — |