Aegon NV Net Assets

Latest as of June 2025: €9.39 Billion EUR ≈ $10.98 Billion USD

Aegon NV net assets. Based on the latest financial reports, Aegon NV (AGN) has net assets worth €9.39 Billion EUR (≈ $10.98 Billion USD) 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 ≈ $363.16 Billion USD) and total liabilities (€301.25 Billion ≈ $352.19 Billion USD). 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. Also explore Aegon NV (AGN) equity growth momentum to track the company's year-over-year net asset growth rate.

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

Net Assets of Aegon NV (1985–2024)

Net assets of Aegon NV from 1985 to 2024. This chart illustrates how Aegon NV's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Aegon NV to measure how much of total assets are equity-financed.

Annual Net Assets for Aegon NV (1985–2024)

The table below shows the annual net assets of Aegon NV from 1985 to 2024. For live market cap and overall valuation, see Aegon NV market cap and net worth.

Year	Net Assets	Change
2024-12-31	€9.31 Billion ≈ $10.89 Billion	-2.52%
2023-12-31	€9.55 Billion ≈ $11.17 Billion	-32.67%
2022-12-31	€14.19 Billion ≈ $16.59 Billion	-46.19%
2021-12-31	€26.37 Billion ≈ $30.83 Billion	+6.94%
2020-12-31	€24.66 Billion ≈ $28.83 Billion	+0.90%
2019-12-31	€24.44 Billion ≈ $28.57 Billion	+8.30%
2018-12-31	€22.57 Billion ≈ $26.38 Billion	-7.46%
2017-12-31	€24.39 Billion ≈ $28.51 Billion	-1.41%
2016-12-31	€24.73 Billion ≈ $28.92 Billion	-5.78%
2015-12-31	€26.25 Billion ≈ $30.69 Billion	-6.68%
2014-12-31	€28.13 Billion ≈ $32.89 Billion	+12.56%
2013-12-31	€24.99 Billion ≈ $29.22 Billion	-15.86%
2012-12-31	€29.70 Billion ≈ $34.72 Billion	+15.41%
2011-12-31	€25.73 Billion ≈ $30.09 Billion	+9.86%
2010-12-31	€23.43 Billion ≈ $27.39 Billion	+24.05%
2009-12-31	€18.88 Billion ≈ $22.08 Billion	+37.23%
2008-12-31	€13.76 Billion ≈ $16.09 Billion	-9.28%
2007-12-31	€15.17 Billion ≈ $17.73 Billion	-20.81%
2006-12-31	€19.15 Billion ≈ $22.39 Billion	-15.51%
2005-12-31	€22.67 Billion ≈ $26.50 Billion	+57.29%
2004-12-31	€14.41 Billion ≈ $16.85 Billion	+1.99%
2003-12-31	€14.13 Billion ≈ $16.52 Billion	-0.70%
2002-12-31	€14.23 Billion ≈ $16.64 Billion	-6.94%
2001-12-31	€15.29 Billion ≈ $17.88 Billion	+19.06%
2000-12-31	€12.84 Billion ≈ $15.02 Billion	-5.16%
1999-12-31	€13.54 Billion ≈ $15.83 Billion	+71.80%
1998-12-31	€7.88 Billion ≈ $9.22 Billion	-4.30%
1997-12-31	€8.24 Billion ≈ $9.63 Billion	+61.53%
1996-12-31	€5.10 Billion ≈ $5.96 Billion	+37.10%
1995-12-31	€3.72 Billion ≈ $4.35 Billion	+1.74%
1994-12-31	€3.66 Billion ≈ $4.27 Billion	-7.88%
1993-12-31	€3.97 Billion ≈ $4.64 Billion	+37.26%
1992-12-31	€2.89 Billion ≈ $3.38 Billion	+10.96%
1991-12-31	€2.61 Billion ≈ $3.05 Billion	+29.07%
1990-12-31	€2.02 Billion ≈ $2.36 Billion	+19.25%
1989-12-31	€1.69 Billion ≈ $1.98 Billion	+37.51%
1988-12-31	€1.23 Billion ≈ $1.44 Billion	+29.54%
1987-12-31	€950.52 Million ≈ $1.11 Billion	-21.16%
1986-12-31	€1.21 Billion ≈ $1.41 Billion	-22.18%
1985-12-31	€1.55 Billion ≈ $1.81 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.

Aegon NV Net Assets Breakdown (December 2024)

Aegon NV net assets breakdown by equity component as of 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
JSW Energy Limited NSE:JSWENERGY	$10.02 Billion
Banque Cantonale Vaudoise SW:BCVN	$10.02 Billion
Knight Transportation Inc NYSE:KNX	$10.04 Billion
CSPC Pharmaceutical Group Limited F:CVG	$10.04 Billion
CHINA RE.PO.HO.UNS.ADR/15 F:CRP0	$10.01 Billion
Raytron Technology Co Ltd SHG:688002	$10.00 Billion
BizLink Holding Inc TW:3665	$9.98 Billion
Littelfuse Inc NASDAQ:LFUS	$9.98 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: 1.62x
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 3.27x to 1.62x 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	€7.42	x
1986-12-31	€1.54	€7.42	x
1987-12-31	€1.19	€7.42	x
1988-12-31	€1.53	€7.42	x
1989-12-31	€2.47	€7.42	x
1990-12-31	€1.84	€7.42	x
1991-12-31	€2.58	€7.42	x
1992-12-31	€2.66	€7.42	x
1993-12-31	€3.69	€7.42	x
1994-12-31	€3.48	€7.42	x
1995-12-31	€3.43	€7.42	x
1996-12-31	€4.58	€7.42	x
1997-12-31	€7.46	€7.42	x
1998-12-31	€6.55	€7.42	x
1999-12-31	€10.70	€7.42	x
2000-12-31	€9.27	€7.42	x
2001-12-31	€10.73	€7.42	x
2002-12-31	€9.57	€7.42	x
2003-12-31	€8.76	€7.42	x
2004-12-31	€8.75	€7.42	x
2005-12-31	€13.19	€7.42	x
2006-12-31	€11.23	€7.42	x
2007-12-31	€9.70	€7.42	x
2008-12-31	€9.13	€7.42	x
2009-12-31	€11.89	€7.42	x
2010-12-31	€13.72	€7.42	x
2011-12-31	€13.89	€7.42	x
2012-12-31	€15.57	€7.42	x
2013-12-31	€10.40	€7.42	x
2014-12-31	€10.52	€7.42	x
2015-12-31	€9.77	€7.42	x
2016-12-31	€9.42	€7.42	x
2017-12-31	€9.31	€7.42	x
2018-12-31	€8.65	€7.42	x
2019-12-31	€11.88	€7.42	x
2020-12-31	€11.95	€7.42	x
2021-12-31	€12.73	€7.42	x
2022-12-31	€6.93	€7.42	x
2023-12-31	€3.99	€7.42	x
2024-12-31	€4.57	€7.42	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: $13,175,000,000
Average return on equity (ROE) among peers: 14.29%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Aegon NV (AGN)	€9.39 Billion	9.01%	32.09x	$10.02 Billion
ASR Nederland NV (ASRNL)	$2.66 Billion	11.87%	15.71x	$14.10 Billion
NN Group NV (NN)	$23.69 Billion	16.72%	13.09x	$20.45 Billion

About Aegon NV

AS:AGN Netherlands Insurance - Diversified

Market Cap

$13.04 Billion

€11.16 Billion EUR

Market Cap Rank

#2170 Global

#25 in Netherlands

Share Price

€7.42

Change (1 day)

+0.30%

52-Week Range

€5.96 - €8.29

All Time High

€8.29