ING Group NV ADR
NYSE: ING · FINANCIAL SERVICES · BANKS - DIVERSIFIED
Updated 2026-06-12
ING Group NV ADR (ING) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $1.23T | $1.31T | $1.33T | $1.16T | $1.24T | $1.27T | $1.16T | $1.08T | $1.18T | $1.01T | $845.08B | $846.22B | $887.03B | $891.74B | $937.38B | $951.29B | $967.82B | $975.58B | $1.02T | $1.05T |
| Cash & equivalents | $14.33B | $12.41B | $22.05B | $15.39B | $13.07B | $76.52B | $56.71B | $13.32B | $12.23B | $20.66B | $19.67B | $21.99B | $49.99B | $53.20B | $112.23B | $108.01B | $87.25B | $89.89B | $69.96B | $52.89B |
| Current assets | $114.71B | $110.50B | $108.33B | $94.95B | $93.74B | $427.84B | $382.76B | $77.29B | $244.88B | $68.85B | $41.36B | $39.86B | $83.11B | $87.05B | $148.25B | $139.16B | $119.86B | $131.33B | $116.13B | $106.31B |
| Total liabilities | $1.19T | $1.27T | $1.30T | $1.12T | $1.20T | $1.23T | $1.11T | $1.03T | $1.12T | $956.76B | $794.68B | $795.10B | $835.30B | $135.82B | $79.55B | $116.64B | $917.41B | $923.40B | $969.24B | $1.00T |
| Current liabilities | $770.39B | $879.13B | $852.94B | $632.08B | $667.81B | $674.74B | $603.49B | $555.66B | $817.70B | $753.39B | $4.39B | $3.61B | $61.00M | $476.21B | $416.60B | $401.10B | $640.80B | $734.25B | $757.05B | $819.08B |
| Long-term debt | $67.25B | $88.96B | $107.14B | $122.99B | $114.10B | $129.66B | $147.18B | $141.81B | $122.40B | $86.49B | $79.97B | $67.67B | $78.17B | $83.31B | $97.87B | $108.50B | $111.70B | $148.84B | $160.25B | $169.33B |
| Shareholder equity | $38.27B | $37.21B | $17.33B | $31.12B | $38.37B | $42.45B | $49.51B | $42.44B | $50.42B | $47.83B | $50.40B | $51.12B | $51.73B | $755.92B | $857.83B | $834.65B | $50.41B | $51.24B | $50.31B | $49.70B |
| Retained earnings | $44.57B | $46.26B | $11.86B | $25.29B | $33.59B | $39.41B | $26.46B | $39.98B | $23.72B | $26.82B | $26.91B | $31.52B | $33.20B | $35.85B | $28.27B | $37.32B | $34.94B | $36.85B | $33.85B | $35.63B |
| Accounts receivable | $21.03B | $23.55B | $26.37B | $23.76B | $21.81B | $19.10B | $16.22B | $12.18B | $7.69B | $7.27B | $6.87B | $5.67B | $1.04B | $1.06B | $1.18B | $1.35B | $1.27B | $834.00M | $984.00M | — |
| Inventory | — | $4.30B | $4.25B | $3.38B | $2.45B | $1.89B | $1.44B | $1.20B | $387.23M | $107.26M | $-150.32B | $-154.70B | $-165.53B | $-142.57B | $-163.72B | $-159.30B | $-145.78B | $89.38B | — | — |
| Goodwill | $310.48M | $2.25B | $2.95B | $3.07B | $2.80B | $1.79B | $1.30B | $1.18B | $991.66M | $982.02M | $903.00M | $816.00M | $918.00M | $907.00M | $533.00M | $472.00M | $464.00M | $470.78M | $475.99M | $477.00M |
Frequently asked questions
What is ING Group NV ADR's revenue?
ING Group NV ADR's trailing twelve-month revenue is $24.61B, and consensus projects about $30.40B by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is ING?
In its most recent fiscal year, ING ran a gross margin of 94.34%, an operating margin of 39.71%, and a net margin of 27.47%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does ING generate?
ING produced $-6.73B in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is ING's balance sheet healthy?
ING holds $52.89B in cash and equivalents against $169.33B in long-term debt, on $49.70B of shareholder equity. That debt is best read against the cash flow the business throws off each year.