NN Group NV Net Assets
NN Group NV net assets. Based on the latest financial reports, NN Group NV (NN) has net assets worth €21.16 Billion EUR (≈ $24.73 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€204.91 Billion ≈ $239.56 Billion USD) and total liabilities (€183.76 Billion ≈ $214.83 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 NN shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €21.16 Billion |
| % of Total Assets | 10.32% |
| Annual Growth Rate | 1.06% |
| 5-Year Change | -39.42% |
| 10-Year Change | -10.75% |
| Growth Volatility | 24.87 |
Net Assets of NN Group NV (2001–2025)
Net assets of NN Group NV from 2001 to 2025. This chart illustrates how NN Group NV's net assets have evolved over time, based on quarterly financial data. See NN Group NV net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for NN Group NV (2001–2025)
The table below shows the annual net assets of NN Group NV from 2001 to 2025. For live market cap and overall valuation, see market cap of NN Group NV.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €21.16 Billion ≈ $24.73 Billion |
-2.30% |
| 2024-12-31 | €21.65 Billion ≈ $25.31 Billion |
+2.52% |
| 2023-12-31 | €21.12 Billion ≈ $24.69 Billion |
+18.43% |
| 2022-12-31 | €17.83 Billion ≈ $20.85 Billion |
-48.93% |
| 2021-12-31 | €34.92 Billion ≈ $40.82 Billion |
-9.94% |
| 2020-12-31 | €38.77 Billion ≈ $45.33 Billion |
+18.24% |
| 2019-12-31 | €32.79 Billion ≈ $38.34 Billion |
+31.97% |
| 2018-12-31 | €24.85 Billion ≈ $29.05 Billion |
+0.20% |
| 2017-12-31 | €24.80 Billion ≈ $28.99 Billion |
+4.62% |
| 2016-12-31 | €23.70 Billion ≈ $27.71 Billion |
+10.44% |
| 2015-12-31 | €21.46 Billion ≈ $25.09 Billion |
+0.22% |
| 2014-12-31 | €21.42 Billion ≈ $25.04 Billion |
+49.82% |
| 2013-12-31 | €14.29 Billion ≈ $16.71 Billion |
-45.37% |
| 2012-12-31 | €26.17 Billion ≈ $30.59 Billion |
+11.47% |
| 2011-12-31 | €23.47 Billion ≈ $27.44 Billion |
+12.20% |
| 2010-12-31 | €20.92 Billion ≈ $24.46 Billion |
+31.03% |
| 2009-12-31 | €15.97 Billion ≈ $18.67 Billion |
+28.63% |
| 2008-12-31 | €12.41 Billion ≈ $14.51 Billion |
-33.98% |
| 2007-12-31 | €18.80 Billion ≈ $21.98 Billion |
-20.63% |
| 2006-12-31 | €23.69 Billion ≈ $27.69 Billion |
+8.39% |
| 2005-12-31 | €21.85 Billion ≈ $25.55 Billion |
+39.59% |
| 2004-12-31 | €15.66 Billion ≈ $18.30 Billion |
+18.62% |
| 2003-12-31 | €13.20 Billion ≈ $15.43 Billion |
+10.08% |
| 2002-12-31 | €11.99 Billion ≈ $14.02 Billion |
-27.00% |
| 2001-12-31 | €16.43 Billion ≈ $19.20 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to NN Group 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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
NN Group NV Net Assets Breakdown (December 2025)
NN Group NV net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €32.00 Million | 0.17% |
| Other Comprehensive Income | €6.46 Billion | 33.89% |
| Other Components | €12.58 Billion | 65.95% |
| Total Equity | €19.08 Billion | 100.00% |
NN Group NV Competitors by Market Cap
The table below lists competitors of NN Group NV ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Telefonica Brasil SA ADR
NYSE:VIV
|
$20.48 Billion |
|
Roku Inc
NASDAQ:ROKU
|
$20.50 Billion |
|
China Securities Co Ltd
SHG:601066
|
$20.50 Billion |
|
Reliance Steel & Aluminum Co
NYSE:RS
|
$20.51 Billion |
|
Roivant Sciences Ltd
NASDAQ:ROIV
|
$20.44 Billion |
|
Raiffeisen Bank International AG
VI:RBI
|
$20.44 Billion |
|
NiSource Inc
NYSE:NI
|
$20.43 Billion |
|
PTT Exploration and Production Public Company Limited
BK:PTTEP
|
$20.42 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NN Group NV's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 21,567,000,000 to 19,078,000,000, a change of -2,489,000,000 (-11.5%).
- Net income of 1,189,000,000 contributed positively to equity growth.
- Dividend payments of 939,000,000 reduced retained earnings.
- Share repurchases of 298,000,000 reduced equity.
- Other comprehensive income decreased equity by 5,425,000,000.
- Other factors increased equity by 2,984,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.19 Billion | +6.23% |
| Dividends Paid | €939.00 Million | -4.92% |
| Share Repurchases | €298.00 Million | -1.56% |
| Other Comprehensive Income | €-5.42 Billion | -28.44% |
| Other Changes | €2.98 Billion | +15.64% |
| Total Change | €- | -11.54% |
Book Value vs Market Value Analysis
This analysis compares NN Group 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: 1.16x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | €66.89 | €77.78 | x |
| 2012-12-31 | €74.14 | €77.78 | x |
| 2013-12-31 | €40.65 | €77.78 | x |
| 2014-12-31 | €60.70 | €77.78 | x |
| 2015-12-31 | €62.95 | €77.78 | x |
| 2016-12-31 | €72.65 | €77.78 | x |
| 2017-12-31 | €73.79 | €77.78 | x |
| 2018-12-31 | €73.23 | €77.78 | x |
| 2019-12-31 | €98.28 | €77.78 | x |
| 2020-12-31 | €122.36 | €77.78 | x |
| 2021-12-31 | €112.03 | €77.78 | x |
| 2022-12-31 | €60.09 | €77.78 | x |
| 2023-12-31 | €70.72 | €77.78 | x |
| 2024-12-31 | €79.32 | €77.78 | x |
| 2025-12-31 | €66.91 | €77.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NN Group 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): 6.23%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 39.61%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 10.74x
- Recent ROE (6.23%) is below the historical average (11.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 20.34% | 6.09% | 0.19x | 17.35x | €1.60 Billion |
| 2002 | 35.17% | 8.36% | 0.19x | 22.33x | €2.73 Billion |
| 2003 | 20.82% | 3.93% | 0.26x | 20.03x | €1.30 Billion |
| 2004 | 25.69% | 6.54% | 0.21x | 18.43x | €2.19 Billion |
| 2005 | 15.95% | 6.14% | 0.16x | 15.94x | €1.23 Billion |
| 2006 | 18.07% | 7.08% | 0.17x | 15.23x | €1.77 Billion |
| 2007 | 31.54% | 9.45% | 0.19x | 17.98x | €3.86 Billion |
| 2011 | 5.24% | 7.20% | 0.05x | 14.33x | €-1.12 Billion |
| 2012 | 4.00% | 7.79% | 0.04x | 12.94x | €-1.56 Billion |
| 2013 | 2.26% | 2.80% | 0.08x | 10.25x | €-1.10 Billion |
| 2014 | 2.76% | 4.36% | 0.08x | 7.75x | €-1.55 Billion |
| 2015 | 7.29% | 11.11% | 0.09x | 7.56x | €-580.50 Million |
| 2016 | 5.02% | 8.26% | 0.09x | 7.11x | €-1.18 Billion |
| 2017 | 8.62% | 11.66% | 0.08x | 9.27x | €-338.20 Million |
| 2018 | 4.54% | 5.66% | 0.09x | 9.11x | €-1.34 Billion |
| 2019 | 6.03% | 9.68% | 0.08x | 7.64x | €-1.29 Billion |
| 2020 | 4.95% | 10.16% | 0.07x | 6.85x | €-1.95 Billion |
| 2021 | 9.46% | 17.18% | 0.08x | 7.26x | €-187.20 Million |
| 2022 | 9.20% | 19.21% | 0.04x | 12.22x | €-142.90 Million |
| 2023 | 5.97% | 8.89% | 0.06x | 10.65x | €-790.40 Million |
| 2024 | 7.34% | 12.54% | 0.06x | 9.75x | €-573.70 Million |
| 2025 | 6.23% | 39.61% | 0.01x | 10.74x | €-718.80 Million |
Industry Comparison
This section compares NN Group NV's net assets metrics with peer companies in the Insurance - Diversified industry.
Industry Context
- Industry: Insurance - Diversified
- Average net assets among peers: $2,106,110,410
- Average return on equity (ROE) among peers: 10.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NN Group NV (NN) | €21.16 Billion | 20.34% | 8.69x | $20.45 Billion |
| Aegon NV (AGN) | $1.55 Billion | 9.01% | 8.91x | $10.02 Billion |
| ASR Nederland NV (ASRNL) | $2.66 Billion | 11.87% | 15.71x | $14.10 Billion |
About NN Group NV
NN Group N.V., a financial services company, provides life and non-life insurance products in the Netherlands and internationally. It operates through the Netherlands Life, the Netherlands Non-Life, Insurance Europe, Japan Life, and NN Bank segments. The company provides insured defined benefit, defined contribution, pensions under the Nationale-Nederlanden brand name; premium pension institution… Read more