Aristocrat Leisure Ltd (ALL) - Net Assets
Based on the latest financial reports, Aristocrat Leisure Ltd (ALL) has net assets worth AU$6.56 Billion AUD (≈ $4.64 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$10.39 Billion ≈ $7.35 Billion USD) and total liabilities (AU$3.84 Billion ≈ $2.71 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. Check ALL intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$6.56 Billion |
| % of Total Assets | 63.1% |
| Annual Growth Rate | 18.76% |
| 5-Year Change | 69.05% |
| 10-Year Change | 509.69% |
| Growth Volatility | 40.28 |
Aristocrat Leisure Ltd - Net Assets Trend (1996–2025)
This chart illustrates how Aristocrat Leisure Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Aristocrat Leisure Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Aristocrat Leisure Ltd (1996–2025)
The table below shows the annual net assets of Aristocrat Leisure Ltd from 1996 to 2025. For live valuation and market cap data, see Aristocrat Leisure Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | AU$6.56 Billion ≈ $4.64 Billion |
+4.42% |
| 2024-09-30 | AU$6.28 Billion ≈ $4.44 Billion |
-6.63% |
| 2023-09-30 | AU$6.73 Billion ≈ $4.76 Billion |
+11.68% |
| 2022-09-30 | AU$6.02 Billion ≈ $4.26 Billion |
+55.27% |
| 2021-09-30 | AU$3.88 Billion ≈ $2.74 Billion |
+22.94% |
| 2020-09-30 | AU$3.16 Billion ≈ $2.23 Billion |
+47.19% |
| 2019-09-30 | AU$2.14 Billion ≈ $1.52 Billion |
+23.73% |
| 2018-09-30 | AU$1.73 Billion ≈ $1.23 Billion |
+28.75% |
| 2017-09-30 | AU$1.35 Billion ≈ $952.10 Million |
+25.11% |
| 2016-09-30 | AU$1.08 Billion ≈ $760.98 Million |
+17.23% |
| 2015-09-30 | AU$917.42 Million ≈ $649.14 Million |
+29.93% |
| 2014-09-30 | AU$706.08 Million ≈ $499.60 Million |
+88.07% |
| 2013-09-30 | AU$375.43 Million ≈ $265.64 Million |
+35.77% |
| 2012-09-30 | AU$276.52 Million ≈ $195.66 Million |
+9.67% |
| 2011-09-30 | AU$252.14 Million ≈ $178.41 Million |
+34.21% |
| 2010-09-30 | AU$187.87 Million ≈ $132.93 Million |
+22.11% |
| 2009-09-30 | AU$153.86 Million ≈ $108.87 Million |
-20.04% |
| 2008-09-30 | AU$192.43 Million ≈ $136.16 Million |
-40.02% |
| 2007-09-30 | AU$320.80 Million ≈ $226.99 Million |
-12.10% |
| 2006-09-30 | AU$364.97 Million ≈ $258.24 Million |
+3.82% |
| 2005-09-30 | AU$351.56 Million ≈ $248.75 Million |
-6.05% |
| 2004-09-30 | AU$374.19 Million ≈ $264.76 Million |
+71.11% |
| 2003-09-30 | AU$218.68 Million ≈ $154.73 Million |
-45.06% |
| 2002-09-30 | AU$398.06 Million ≈ $281.65 Million |
+13.53% |
| 2001-09-30 | AU$350.61 Million ≈ $248.08 Million |
+120.99% |
| 2000-09-30 | AU$158.66 Million ≈ $112.26 Million |
+22.83% |
| 1999-09-30 | AU$129.17 Million ≈ $91.39 Million |
+7.71% |
| 1998-09-30 | AU$119.92 Million ≈ $84.85 Million |
+10.85% |
| 1997-09-30 | AU$108.18 Million ≈ $76.54 Million |
+141.57% |
| 1996-09-30 | AU$44.78 Million ≈ $31.69 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Aristocrat Leisure Ltd'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 24215.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$6.87 Billion | 104.73% |
| Common Stock | AU$2.26 Billion | 34.47% |
| Other Comprehensive Income | AU$144.50 Million | 2.20% |
| Total Equity | AU$6.56 Billion | 100.00% |
Aristocrat Leisure Ltd Competitors by Market Cap
The table below lists competitors of Aristocrat Leisure Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pure Storage Inc
NYSE:PSTG
|
$22.11 Billion |
|
Bank Mandiri Persero Tbk PT
JK:BMRI
|
$22.15 Billion |
|
Insmed Inc
NASDAQ:INSM
|
$22.15 Billion |
|
Taishin Financial Holding Co Ltd
TW:2887
|
$22.17 Billion |
|
Jiangsu Hengli Hydraulic Co Ltd
SHG:601100
|
$22.10 Billion |
|
STD BK GRP SP.ADRS RC-10
F:SKCS
|
$22.06 Billion |
|
Shanxi Xinghuacun Fen Wine Factory Co Ltd
SHG:600809
|
$22.05 Billion |
|
Rollins Inc
NYSE:ROL
|
$22.05 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aristocrat Leisure Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,279,900,000 to 6,557,200,000, a change of 277,300,000 (4.4%).
- Net income of 1,430,800,000 contributed positively to equity growth.
- Dividend payments of 538,400,000 reduced retained earnings.
- Share repurchases of 977,000,000 reduced equity.
- Other comprehensive income increased equity by 28,900,000.
- Other factors increased equity by 333,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$1.43 Billion | +21.82% |
| Dividends Paid | AU$538.40 Million | -8.21% |
| Share Repurchases | AU$977.00 Million | -14.9% |
| Other Comprehensive Income | AU$28.90 Million | +0.44% |
| Other Changes | AU$333.00 Million | +5.08% |
| Total Change | AU$- | 4.42% |
Book Value vs Market Value Analysis
This analysis compares Aristocrat Leisure Ltd'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: 4.88x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 394.26x to 4.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-09-30 | AU$0.13 | AU$51.00 | x |
| 1997-09-30 | AU$0.26 | AU$51.00 | x |
| 1998-09-30 | AU$0.29 | AU$51.00 | x |
| 1999-09-30 | AU$0.30 | AU$51.00 | x |
| 2000-09-30 | AU$0.37 | AU$51.00 | x |
| 2001-09-30 | AU$0.79 | AU$51.00 | x |
| 2002-09-30 | AU$0.87 | AU$51.00 | x |
| 2003-09-30 | AU$0.47 | AU$51.00 | x |
| 2004-09-30 | AU$0.76 | AU$51.00 | x |
| 2005-09-30 | AU$0.73 | AU$51.00 | x |
| 2006-09-30 | AU$0.77 | AU$51.00 | x |
| 2007-09-30 | AU$0.68 | AU$51.00 | x |
| 2008-09-30 | AU$0.42 | AU$51.00 | x |
| 2009-09-30 | AU$0.31 | AU$51.00 | x |
| 2010-09-30 | AU$0.36 | AU$51.00 | x |
| 2011-09-30 | AU$0.47 | AU$51.00 | x |
| 2013-09-30 | AU$0.68 | AU$51.00 | x |
| 2014-09-30 | AU$1.24 | AU$51.00 | x |
| 2015-09-30 | AU$1.44 | AU$51.00 | x |
| 2016-09-30 | AU$1.69 | AU$51.00 | x |
| 2017-09-30 | AU$2.11 | AU$51.00 | x |
| 2018-09-30 | AU$2.71 | AU$51.00 | x |
| 2019-09-30 | AU$3.35 | AU$51.00 | x |
| 2020-09-30 | AU$4.93 | AU$51.00 | x |
| 2021-09-30 | AU$6.06 | AU$51.00 | x |
| 2022-09-30 | AU$9.04 | AU$51.00 | x |
| 2023-09-30 | AU$10.24 | AU$51.00 | x |
| 2024-09-30 | AU$9.81 | AU$51.00 | x |
| 2025-09-30 | AU$10.45 | AU$51.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aristocrat Leisure Ltd 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): 21.82%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.72%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.58x
- Recent ROE (21.82%) is below the historical average (24.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 39.85% | 6.95% | 1.81x | 3.18x | AU$13.37 Million |
| 1997 | 21.56% | 7.11% | 1.66x | 1.83x | AU$12.50 Million |
| 1998 | 23.53% | 6.90% | 1.83x | 1.86x | AU$16.22 Million |
| 1999 | 40.06% | 9.47% | 1.99x | 2.12x | AU$38.82 Million |
| 2000 | 40.89% | 12.16% | 1.62x | 2.07x | AU$49.01 Million |
| 2001 | -0.07% | -0.03% | 0.81x | 2.70x | AU$-35.28 Million |
| 2002 | 0.03% | 0.01% | 0.83x | 2.94x | AU$-39.70 Million |
| 2003 | -48.49% | -10.81% | 1.34x | 3.35x | AU$-127.91 Million |
| 2004 | 46.69% | 15.37% | 1.25x | 2.42x | AU$137.30 Million |
| 2005 | 69.50% | 18.85% | 1.21x | 3.04x | AU$209.17 Million |
| 2006 | 65.67% | 22.24% | 1.22x | 2.41x | AU$202.61 Million |
| 2007 | 77.21% | 21.97% | 1.36x | 2.58x | AU$215.16 Million |
| 2008 | 52.59% | 9.37% | 1.06x | 5.28x | AU$81.96 Million |
| 2009 | -101.96% | -17.37% | 1.12x | 5.22x | AU$-173.32 Million |
| 2010 | 40.65% | 11.34% | 0.96x | 3.73x | AU$58.21 Million |
| 2011 | 25.95% | 9.39% | 0.92x | 2.99x | AU$40.65 Million |
| 2012 | 21.80% | 10.43% | 0.80x | 2.60x | AU$32.85 Million |
| 2013 | 28.25% | 13.26% | 0.93x | 2.30x | AU$69.26 Million |
| 2014 | -2.33% | -1.94% | 0.76x | 1.58x | AU$-87.04 Million |
| 2015 | 20.32% | 11.83% | 0.49x | 3.51x | AU$94.69 Million |
| 2016 | 32.59% | 16.47% | 0.71x | 2.78x | AU$242.95 Million |
| 2017 | 36.79% | 20.18% | 0.75x | 2.45x | AU$360.54 Million |
| 2018 | 31.32% | 15.46% | 0.60x | 3.37x | AU$369.35 Million |
| 2019 | 32.60% | 15.89% | 0.69x | 2.96x | AU$484.44 Million |
| 2020 | 43.66% | 33.29% | 0.53x | 2.49x | AU$1.06 Billion |
| 2021 | 21.14% | 17.31% | 0.55x | 2.24x | AU$432.11 Million |
| 2022 | 15.75% | 17.02% | 0.55x | 1.68x | AU$346.23 Million |
| 2023 | 21.62% | 23.10% | 0.58x | 1.62x | AU$781.49 Million |
| 2024 | 20.76% | 19.74% | 0.64x | 1.64x | AU$675.41 Million |
| 2025 | 21.82% | 22.72% | 0.61x | 1.58x | AU$775.08 Million |
Industry Comparison
This section compares Aristocrat Leisure Ltd's net assets metrics with peer companies in the Gambling industry.
Industry Context
- Industry: Gambling
- Average net assets among peers: $361,562,287
- Average return on equity (ROE) among peers: 50.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aristocrat Leisure Ltd (ALL) | AU$6.56 Billion | 39.85% | 0.58x | $22.11 Billion |
| Ainsworth Game Technology Ltd (AGI) | $393.55 Million | 2.77% | 0.23x | $365.80 Million |
| Betr Entertainment Ltd (BBT) | $48.61 Million | 6.13% | 0.22x | $128.90 Million |
| Betmakers Technology Group Ltd (BET) | $95.23 Million | -27.74% | 0.41x | $134.75 Million |
| Jumbo Interactive Ltd (JIN) | $-819.00K | 0.00% | 0.00x | $339.21 Million |
| Light & Wonder Inc (LNW) | $1.16 Billion | 316.54% | 4.18x | $6.73 Billion |
| Pointsbet Holdings Ltd (PBH) | $177.13 Million | -23.41% | 0.22x | $247.17 Million |
| Tabcorp Holdings Ltd (TAH) | $696.01 Million | 14.48% | 0.24x | $1.30 Billion |
| The Lottery Corporation Ltd (TLC) | $321.80 Million | 113.58% | 12.69x | $8.13 Billion |
About Aristocrat Leisure Ltd
Aristocrat Leisure Limited, together with its subsidiaries, operates as a gaming content and technology company in Australia and internationally. It operates through three segments: Aristocrat Gaming, Product Madness, and Aristocrat Interactive. The company designs, develops, assembles, distributes, sells, and services gaming content, platforms, and systems, including electronic gaming machines, … Read more