Aegon NV
Aegon Ltd. provides insurance, pensions, retirement, and asset management services in the Americas, the Netherlands, the United Kingdom, and internationally. It offers life, accident, property and casualty, and health insurance; annuities, retirement plans, mutual funds, and stable value solutions; commercial and residential mortgage loans; digital saving services; retail and institutional invest… Read more
Aegon NV (AGN) - Net Assets
Latest net assets as of June 2025: €9.39 Billion EUR
Based on the latest financial reports, Aegon NV (AGN) has net assets worth €9.39 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€310.63 Billion) and total liabilities (€301.25 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €9.39 Billion |
| % of Total Assets | 3.02% |
| Annual Growth Rate | 4.71% |
| 5-Year Change | -62.24% |
| 10-Year Change | -64.52% |
| Growth Volatility | 25.19 |
Aegon NV - Net Assets Trend (1985–2024)
This chart illustrates how Aegon NV's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Aegon NV (1985–2024)
The table below shows the annual net assets of Aegon NV from 1985 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €9.31 Billion | -2.52% |
| 2023-12-31 | €9.55 Billion | -32.67% |
| 2022-12-31 | €14.19 Billion | -46.19% |
| 2021-12-31 | €26.37 Billion | +6.94% |
| 2020-12-31 | €24.66 Billion | +0.90% |
| 2019-12-31 | €24.44 Billion | +8.30% |
| 2018-12-31 | €22.57 Billion | -7.46% |
| 2017-12-31 | €24.39 Billion | -1.41% |
| 2016-12-31 | €24.73 Billion | -5.78% |
| 2015-12-31 | €26.25 Billion | -6.68% |
| 2014-12-31 | €28.13 Billion | +12.56% |
| 2013-12-31 | €24.99 Billion | -15.86% |
| 2012-12-31 | €29.70 Billion | +15.41% |
| 2011-12-31 | €25.73 Billion | +9.86% |
| 2010-12-31 | €23.43 Billion | +24.05% |
| 2009-12-31 | €18.88 Billion | +37.23% |
| 2008-12-31 | €13.76 Billion | -9.28% |
| 2007-12-31 | €15.17 Billion | -20.81% |
| 2006-12-31 | €19.15 Billion | -15.51% |
| 2005-12-31 | €22.67 Billion | +57.29% |
| 2004-12-31 | €14.41 Billion | +1.99% |
| 2003-12-31 | €14.13 Billion | -0.70% |
| 2002-12-31 | €14.23 Billion | -6.94% |
| 2001-12-31 | €15.29 Billion | +19.06% |
| 2000-12-31 | €12.84 Billion | -5.16% |
| 1999-12-31 | €13.54 Billion | +71.80% |
| 1998-12-31 | €7.88 Billion | -4.30% |
| 1997-12-31 | €8.24 Billion | +61.53% |
| 1996-12-31 | €5.10 Billion | +37.10% |
| 1995-12-31 | €3.72 Billion | +1.74% |
| 1994-12-31 | €3.66 Billion | -7.88% |
| 1993-12-31 | €3.97 Billion | +37.26% |
| 1992-12-31 | €2.89 Billion | +10.96% |
| 1991-12-31 | €2.61 Billion | +29.07% |
| 1990-12-31 | €2.02 Billion | +19.25% |
| 1989-12-31 | €1.69 Billion | +37.51% |
| 1988-12-31 | €1.23 Billion | +29.54% |
| 1987-12-31 | €950.52 Million | -21.16% |
| 1986-12-31 | €1.21 Billion | -22.18% |
| 1985-12-31 | €1.55 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Aegon NV's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 389.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €4.35 Billion | 47.32% |
| Common Stock | €241.00 Million | 2.62% |
| Other Comprehensive Income | €-3.83 Billion | -41.66% |
| Other Components | €8.43 Billion | 91.72% |
| Total Equity | €9.19 Billion | 100.00% |
Aegon NV Competitors by Market Cap
The table below lists competitors of Aegon NV ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eldorado Gold Corp
NYSE:EGO
|
$7.42 Billion |
|
Affiliated Managers Group Inc
NYSE:AMG
|
$7.42 Billion |
|
Korea Investment Holdings Co
KO:071050
|
$7.42 Billion |
|
Accor S. A.
PA:AC
|
$7.42 Billion |
|
Aegon Ltd.
F:J060
|
$7.41 Billion |
|
IDACORP Inc
NYSE:IDA
|
$7.41 Billion |
|
Pinnacle Financial Partners, Inc.
NASDAQ:PNFP
|
$7.40 Billion |
|
Sartorius Aktiengesellschaft
PINK:SUVPF
|
$7.40 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aegon NV's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,549,000,000 to 9,187,000,000, a change of 1,638,000,000 (21.7%).
- Net income of 688,000,000 contributed positively to equity growth.
- Dividend payments of 521,000,000 reduced retained earnings.
- Share repurchases of 925,000,000 reduced equity.
- Other comprehensive income increased equity by 570,000,000.
- Other factors increased equity by 1,826,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €688.00 Million | +7.49% |
| Dividends Paid | €521.00 Million | -5.67% |
| Share Repurchases | €925.00 Million | -10.07% |
| Other Comprehensive Income | €570.00 Million | +6.2% |
| Other Changes | €1.83 Billion | +19.88% |
| Total Change | €- | 21.70% |
Book Value vs Market Value Analysis
This analysis compares Aegon NV's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.34x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.69x to 1.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | €2.27 | €6.12 | x |
| 1986-12-31 | €1.54 | €6.12 | x |
| 1987-12-31 | €1.19 | €6.12 | x |
| 1988-12-31 | €1.53 | €6.12 | x |
| 1989-12-31 | €2.47 | €6.12 | x |
| 1990-12-31 | €1.84 | €6.12 | x |
| 1991-12-31 | €2.58 | €6.12 | x |
| 1992-12-31 | €2.66 | €6.12 | x |
| 1993-12-31 | €3.69 | €6.12 | x |
| 1994-12-31 | €3.48 | €6.12 | x |
| 1995-12-31 | €3.43 | €6.12 | x |
| 1996-12-31 | €4.58 | €6.12 | x |
| 1997-12-31 | €7.46 | €6.12 | x |
| 1998-12-31 | €6.55 | €6.12 | x |
| 1999-12-31 | €10.70 | €6.12 | x |
| 2000-12-31 | €9.27 | €6.12 | x |
| 2001-12-31 | €10.73 | €6.12 | x |
| 2002-12-31 | €9.57 | €6.12 | x |
| 2003-12-31 | €8.76 | €6.12 | x |
| 2004-12-31 | €8.75 | €6.12 | x |
| 2005-12-31 | €13.19 | €6.12 | x |
| 2006-12-31 | €11.23 | €6.12 | x |
| 2007-12-31 | €9.70 | €6.12 | x |
| 2008-12-31 | €9.13 | €6.12 | x |
| 2009-12-31 | €11.89 | €6.12 | x |
| 2010-12-31 | €13.72 | €6.12 | x |
| 2011-12-31 | €13.89 | €6.12 | x |
| 2012-12-31 | €15.57 | €6.12 | x |
| 2013-12-31 | €10.40 | €6.12 | x |
| 2014-12-31 | €10.52 | €6.12 | x |
| 2015-12-31 | €9.77 | €6.12 | x |
| 2016-12-31 | €9.42 | €6.12 | x |
| 2017-12-31 | €9.31 | €6.12 | x |
| 2018-12-31 | €8.65 | €6.12 | x |
| 2019-12-31 | €11.88 | €6.12 | x |
| 2020-12-31 | €11.95 | €6.12 | x |
| 2021-12-31 | €12.73 | €6.12 | x |
| 2022-12-31 | €6.93 | €6.12 | x |
| 2023-12-31 | €3.99 | €6.12 | x |
| 2024-12-31 | €4.57 | €6.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aegon NV utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.49%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.52%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 35.64x
- Recent ROE (7.49%) is below the historical average (8.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 9.01% | 3.54% | 0.26x | 9.91x | €-15.38 Million |
| 1986 | 12.28% | 4.10% | 0.21x | 14.19x | €27.50 Million |
| 1987 | 16.21% | 3.68% | 0.21x | 20.69x | €59.07 Million |
| 1988 | 14.26% | 3.80% | 0.20x | 18.57x | €52.47 Million |
| 1989 | 13.14% | 4.18% | 0.21x | 15.10x | €53.13 Million |
| 1990 | 16.81% | 6.16% | 0.20x | 13.58x | €137.60 Million |
| 1991 | 14.44% | 6.01% | 0.19x | 12.47x | €115.54 Million |
| 1992 | 14.40% | 5.89% | 0.18x | 13.28x | €126.45 Million |
| 1993 | 11.58% | 4.51% | 0.17x | 14.79x | €62.70 Million |
| 1994 | 13.78% | 5.54% | 0.14x | 17.24x | €137.48 Million |
| 1995 | 16.19% | 6.31% | 0.14x | 18.43x | €230.17 Million |
| 1996 | 14.35% | 6.40% | 0.14x | 16.23x | €222.05 Million |
| 1997 | 12.17% | 7.05% | 0.11x | 15.04x | €178.76 Million |
| 1998 | 14.96% | 7.26% | 0.12x | 16.54x | €391.13 Million |
| 1999 | 11.59% | 7.02% | 0.10x | 16.89x | €215.70 Million |
| 2000 | 16.09% | 6.72% | 0.13x | 19.01x | €781.60 Million |
| 2001 | 15.67% | 7.52% | 0.12x | 17.27x | €867.80 Million |
| 2002 | 10.87% | 4.97% | 0.13x | 16.74x | €123.90 Million |
| 2003 | 12.69% | 6.31% | 0.12x | 16.56x | €379.80 Million |
| 2004 | 11.54% | 5.83% | 0.12x | 16.55x | €221.70 Million |
| 2005 | 12.05% | 6.00% | 0.15x | 13.74x | €464.50 Million |
| 2006 | 14.57% | 5.66% | 0.16x | 16.45x | €875.30 Million |
| 2007 | 16.84% | 5.60% | 0.15x | 20.73x | €1.04 Billion |
| 2008 | -7.87% | -14.38% | 0.03x | 20.89x | €-2.46 Billion |
| 2009 | 1.08% | 0.44% | 0.16x | 15.82x | €-1.68 Billion |
| 2010 | 7.51% | 3.58% | 0.15x | 14.19x | €-582.40 Million |
| 2011 | 3.38% | 2.73% | 0.09x | 13.44x | €-1.70 Billion |
| 2012 | 5.29% | 3.65% | 0.12x | 12.33x | €-1.40 Billion |
| 2013 | 3.39% | 1.88% | 0.13x | 14.16x | €-1.65 Billion |
| 2014 | 4.22% | 2.70% | 0.10x | 15.11x | €-1.63 Billion |
| 2015 | -1.65% | -1.37% | 0.08x | 15.83x | €-3.06 Billion |
| 2016 | 2.37% | 1.18% | 0.12x | 17.23x | €-1.89 Billion |
| 2017 | 9.69% | 4.45% | 0.13x | 16.26x | €-75.60 Million |
| 2018 | 3.15% | 4.88% | 0.04x | 17.42x | €-1.54 Billion |
| 2019 | 5.07% | 2.03% | 0.14x | 18.03x | €-1.20 Billion |
| 2020 | -0.55% | -0.30% | 0.10x | 18.05x | €-2.59 Billion |
| 2021 | 7.56% | 4.29% | 0.10x | 17.89x | €-637.60 Million |
| 2022 | -4.07% | -1.06% | 0.13x | 28.67x | €-1.97 Billion |
| 2023 | -2.37% | -0.61% | 0.10x | 39.95x | €-933.90 Million |
| 2024 | 7.49% | 3.52% | 0.06x | 35.64x | €-230.70 Million |
Industry Comparison
This section compares Aegon NV's net assets metrics with peer companies in the Insurance - Diversified industry.
Industry Context
- Industry: Insurance - Diversified
- Average net assets among peers: $9,833,000,000
- Average return on equity (ROE) among peers: 8.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aegon NV (AGN) | €9.39 Billion | 9.01% | 32.09x | $7.41 Billion |
| ASR Nederland NV (ASRNL) | $9.83 Billion | 8.98% | 13.09x | $11.72 Billion |