Lendlease Group
Lendlease Group operates as an integrated real estate and investment company in Australia, Asia, Europe, and the Americas. It operates through Investments, Development, Construction, and Capital Release Unit segments. The Investments segment owns and/or manages investments, including residential, office, retail, industrial, and infrastructure investment assets. The Development segment develops in… Read more
Lendlease Group (LLC) - Net Assets
Latest net assets as of December 2025: AU$5.57 Billion AUD
Based on the latest financial reports, Lendlease Group (LLC) has net assets worth AU$5.57 Billion AUD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$14.11 Billion) and total liabilities (AU$8.54 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 | AU$5.57 Billion |
| % of Total Assets | 39.45% |
| Annual Growth Rate | 4.63% |
| 5-Year Change | -26.05% |
| 10-Year Change | -8.45% |
| Growth Volatility | 15.83 |
Lendlease Group - Net Assets Trend (1989–2025)
This chart illustrates how Lendlease Group's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lendlease Group (1989–2025)
The table below shows the annual net assets of Lendlease Group from 1989 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$5.14 Billion | +5.39% |
| 2024-06-30 | AU$4.88 Billion | -26.60% |
| 2023-06-30 | AU$6.64 Billion | -4.68% |
| 2022-06-30 | AU$6.97 Billion | +0.27% |
| 2021-06-30 | AU$6.95 Billion | +0.27% |
| 2020-06-30 | AU$6.93 Billion | +9.05% |
| 2019-06-30 | AU$6.36 Billion | -0.89% |
| 2018-06-30 | AU$6.41 Billion | +4.01% |
| 2017-06-30 | AU$6.17 Billion | +9.83% |
| 2016-06-30 | AU$5.61 Billion | +8.64% |
| 2015-06-30 | AU$5.17 Billion | +6.15% |
| 2014-06-30 | AU$4.87 Billion | +12.46% |
| 2013-06-30 | AU$4.33 Billion | +10.69% |
| 2012-06-30 | AU$3.91 Billion | +7.67% |
| 2011-06-30 | AU$3.63 Billion | +7.19% |
| 2010-06-30 | AU$3.39 Billion | +38.48% |
| 2009-06-30 | AU$2.45 Billion | -19.60% |
| 2008-06-30 | AU$3.04 Billion | -6.14% |
| 2007-06-30 | AU$3.24 Billion | +7.69% |
| 2006-06-30 | AU$3.01 Billion | +7.89% |
| 2005-06-30 | AU$2.79 Billion | -1.58% |
| 2004-06-30 | AU$2.84 Billion | -5.71% |
| 2003-06-30 | AU$3.01 Billion | -19.84% |
| 2002-06-30 | AU$3.75 Billion | +2.31% |
| 2001-06-30 | AU$3.67 Billion | -30.89% |
| 2000-06-30 | AU$5.31 Billion | +52.98% |
| 1999-06-30 | AU$3.47 Billion | +7.15% |
| 1998-06-30 | AU$3.24 Billion | +10.89% |
| 1997-06-30 | AU$2.92 Billion | +15.42% |
| 1996-06-30 | AU$2.53 Billion | +4.75% |
| 1995-06-30 | AU$2.41 Billion | +16.09% |
| 1994-06-30 | AU$2.08 Billion | +12.23% |
| 1993-06-30 | AU$1.85 Billion | +4.80% |
| 1992-06-30 | AU$1.77 Billion | +5.29% |
| 1991-06-30 | AU$1.68 Billion | +29.27% |
| 1990-06-30 | AU$1.30 Billion | +28.86% |
| 1989-06-30 | AU$1.01 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lendlease Group'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 352.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$1.20 Billion | 23.54% |
| Common Stock | AU$1.81 Billion | 35.43% |
| Other Comprehensive Income | AU$2.10 Billion | 41.03% |
| Total Equity | AU$5.11 Billion | 100.00% |
Lendlease Group Competitors by Market Cap
The table below lists competitors of Lendlease Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BrightGene Bio Medical Technology C
SHG:688166
|
$1.46 Billion |
|
Yelp Inc
NYSE:YELP
|
$1.46 Billion |
|
Zhejiang Merit Interactive Network Technology Co Ltd Class A
SHE:300766
|
$1.46 Billion |
|
Nanjing ESTUN Automation Co Ltd
SHE:002747
|
$1.46 Billion |
|
Douzone Bizon Co Ltd
KO:012510
|
$1.46 Billion |
|
Gentera S.A.B. de C.V
OTCGREY:CMPRF
|
$1.46 Billion |
|
Uniti Group Inc
NASDAQ:UNIT
|
$1.46 Billion |
|
EZCORP Inc
NASDAQ:EZPW
|
$1.46 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lendlease Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,843,000,000 to 5,111,000,000, a change of 268,000,000 (5.5%).
- Net income of 225,000,000 contributed positively to equity growth.
- Dividend payments of 105,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 152,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$225.00 Million | +4.4% |
| Dividends Paid | AU$105.00 Million | -2.05% |
| Other Comprehensive Income | AU$152.00 Million | +2.97% |
| Other Changes | AU$-4.00 Million | -0.08% |
| Total Change | AU$- | 5.53% |
Book Value vs Market Value Analysis
This analysis compares Lendlease Group'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: 0.47x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.08x to 0.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-06-30 | AU$3.23 | AU$3.50 | x |
| 1990-06-30 | AU$3.64 | AU$3.50 | x |
| 1991-06-30 | AU$4.47 | AU$3.50 | x |
| 1992-06-30 | AU$4.30 | AU$3.50 | x |
| 1993-06-30 | AU$4.23 | AU$3.50 | x |
| 1994-06-30 | AU$4.60 | AU$3.50 | x |
| 1995-06-30 | AU$5.00 | AU$3.50 | x |
| 1996-06-30 | AU$5.03 | AU$3.50 | x |
| 1997-06-30 | AU$5.62 | AU$3.50 | x |
| 1998-06-30 | AU$6.17 | AU$3.50 | x |
| 1999-06-30 | AU$6.58 | AU$3.50 | x |
| 2000-06-30 | AU$9.96 | AU$3.50 | x |
| 2001-06-30 | AU$7.76 | AU$3.50 | x |
| 2002-06-30 | AU$8.36 | AU$3.50 | x |
| 2003-06-30 | AU$6.59 | AU$3.50 | x |
| 2004-06-30 | AU$6.56 | AU$3.50 | x |
| 2005-06-30 | AU$6.69 | AU$3.50 | x |
| 2006-06-30 | AU$7.67 | AU$3.50 | x |
| 2007-06-30 | AU$7.59 | AU$3.50 | x |
| 2008-06-30 | AU$7.75 | AU$3.50 | x |
| 2009-06-30 | AU$5.83 | AU$3.50 | x |
| 2010-06-30 | AU$7.07 | AU$3.50 | x |
| 2011-06-30 | AU$6.70 | AU$3.50 | x |
| 2012-06-30 | AU$7.23 | AU$3.50 | x |
| 2013-06-30 | AU$7.97 | AU$3.50 | x |
| 2014-06-30 | AU$8.91 | AU$3.50 | x |
| 2015-06-30 | AU$9.38 | AU$3.50 | x |
| 2016-06-30 | AU$10.16 | AU$3.50 | x |
| 2017-06-30 | AU$10.81 | AU$3.50 | x |
| 2018-06-30 | AU$11.00 | AU$3.50 | x |
| 2019-06-30 | AU$10.85 | AU$3.50 | x |
| 2020-06-30 | AU$11.53 | AU$3.50 | x |
| 2021-06-30 | AU$10.14 | AU$3.50 | x |
| 2022-06-30 | AU$10.17 | AU$3.50 | x |
| 2023-06-30 | AU$9.69 | AU$3.50 | x |
| 2024-06-30 | AU$7.09 | AU$3.50 | x |
| 2025-06-30 | AU$7.51 | AU$3.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lendlease Group utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.96%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 2.77x
- Recent ROE (4.40%) is below the historical average (6.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | 1.60% | 1.21% | 0.72x | 1.85x | AU$-84.16 Million |
| 1990 | -0.10% | -0.08% | 0.80x | 1.65x | AU$-131.07 Million |
| 1991 | 0.00% | 0.00% | 0.56x | 1.52x | AU$-167.95 Million |
| 1992 | 0.00% | 0.00% | 0.40x | 1.44x | AU$-176.83 Million |
| 1994 | 9.91% | 14.32% | 0.47x | 1.48x | AU$-1.89 Million |
| 1995 | 9.61% | 15.91% | 0.42x | 1.44x | AU$-9.36 Million |
| 1996 | 10.28% | 20.23% | 0.36x | 1.40x | AU$7.17 Million |
| 1997 | 11.03% | 15.03% | 0.46x | 1.60x | AU$30.06 Million |
| 1998 | 11.24% | 0.00% | 0.00x | 2.00x | AU$40.16 Million |
| 1999 | 12.18% | 0.00% | 0.00x | 2.11x | AU$75.19 Million |
| 2000 | 69.04% | 37.14% | 0.90x | 2.07x | AU$3.12 Billion |
| 2001 | -0.17% | -0.06% | 1.10x | 2.52x | AU$-368.91 Million |
| 2002 | -0.33% | -0.10% | 1.40x | 2.29x | AU$-387.33 Million |
| 2003 | -0.23% | -0.07% | 1.34x | 2.47x | AU$-306.94 Million |
| 2004 | -0.15% | -0.05% | 1.24x | 2.53x | AU$-286.28 Million |
| 2005 | -0.36% | -0.12% | 1.30x | 2.37x | AU$-287.25 Million |
| 2006 | 14.13% | 3.44% | 1.48x | 2.78x | AU$121.39 Million |
| 2007 | 15.74% | 3.52% | 1.52x | 2.95x | AU$181.35 Million |
| 2008 | 8.88% | 1.83% | 1.69x | 2.88x | AU$-33.40 Million |
| 2009 | -27.17% | -4.46% | 1.76x | 3.46x | AU$-894.15 Million |
| 2010 | 10.32% | 3.30% | 0.92x | 3.39x | AU$10.66 Million |
| 2011 | 13.70% | 5.52% | 0.74x | 3.38x | AU$132.98 Million |
| 2012 | 12.84% | 4.34% | 0.93x | 3.19x | AU$110.81 Million |
| 2013 | 12.76% | 4.52% | 0.86x | 3.29x | AU$119.22 Million |
| 2014 | 16.92% | 5.90% | 0.88x | 3.24x | AU$336.52 Million |
| 2015 | 11.98% | 4.66% | 0.70x | 3.67x | AU$102.39 Million |
| 2016 | 12.44% | 4.63% | 0.81x | 3.31x | AU$136.90 Million |
| 2017 | 12.51% | 4.55% | 0.80x | 3.44x | AU$152.26 Million |
| 2018 | 12.36% | 4.79% | 0.98x | 2.65x | AU$151.50 Million |
| 2019 | 7.37% | 2.83% | 0.96x | 2.71x | AU$-166.40 Million |
| 2020 | -4.49% | -2.66% | 0.63x | 2.67x | AU$-1.00 Billion |
| 2021 | 3.20% | 2.27% | 0.55x | 2.55x | AU$-470.70 Million |
| 2022 | -1.43% | -1.12% | 0.50x | 2.57x | AU$-793.30 Million |
| 2023 | -3.51% | -2.27% | 0.54x | 2.87x | AU$-893.60 Million |
| 2024 | -31.01% | -16.29% | 0.55x | 3.46x | AU$-1.99 Billion |
| 2025 | 4.40% | 2.96% | 0.54x | 2.77x | AU$-286.10 Million |
Industry Comparison
This section compares Lendlease Group's net assets metrics with peer companies in the Real Estate - Diversified industry.
Industry Context
- Industry: Real Estate - Diversified
- Average net assets among peers: $20,634,155
- Average return on equity (ROE) among peers: 31.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lendlease Group (LLC) | AU$5.57 Billion | 1.60% | 1.53x | $1.46 Billion |
| Group One Capital Limited (G1C) | $17.55 Million | 29.44% | 7.92x | $1.00 Million |
| Lifestyle Communities Ltd (LIC) | $14.02 Million | 22.62% | 0.83x | $251.28 Million |
| Raptis Group Ltd (RPG) | $30.32 Million | 42.81% | 22.47x | $1.93 Million |