Wesfarmers Ltd

AU:WES Australia Home Improvement Retail
Market Cap
$53.03 Billion
AU$85.65 Billion AUD
Market Cap Rank
#414 Global
#5 in Australia
Share Price
AU$75.44
Change (1 day)
-1.58%
52-Week Range
AU$68.53 - AU$94.76
All Time High
AU$94.76
Categories
Companies in Australia Home Improvement Retail
About

Wesfarmers Limited engages in the retail business in Australia, New Zealand, and internationally. The company sells outdoor living and building materials, as well as home, garden, and lifestyle improvement products; apparel and general merchandise, including toys and consumables, as well as leisure, entertainment, and soft home products; and office products and solutions, such as stationery, tech… Read more

Wesfarmers Ltd (WES) - Net Assets

Latest net assets as of December 2025: AU$7.86 Billion AUD

Based on the latest financial reports, Wesfarmers Ltd (WES) has net assets worth AU$7.86 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$28.85 Billion) and total liabilities (AU$20.99 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$7.86 Billion
% of Total Assets 27.23%
Annual Growth Rate 10.16%
5-Year Change -5.41%
10-Year Change -59.96%
Growth Volatility 77.91

Wesfarmers Ltd - Net Assets Trend (1989–2025)

This chart illustrates how Wesfarmers Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Wesfarmers Ltd (1989–2025)

The table below shows the annual net assets of Wesfarmers Ltd from 1989 to 2025.

Year Net Assets Change
2025-06-30 AU$9.19 Billion +7.04%
2024-06-30 AU$8.59 Billion +3.67%
2023-06-30 AU$8.28 Billion +3.76%
2022-06-30 AU$7.98 Billion -17.85%
2021-06-30 AU$9.71 Billion +3.97%
2020-06-30 AU$9.34 Billion -6.29%
2019-06-30 AU$9.97 Billion -56.18%
2018-06-30 AU$22.75 Billion -4.96%
2017-06-30 AU$23.94 Billion +4.32%
2016-06-30 AU$22.95 Billion -7.39%
2015-06-30 AU$24.78 Billion -4.64%
2014-06-30 AU$25.99 Billion -0.13%
2013-06-30 AU$26.02 Billion +1.54%
2012-06-30 AU$25.63 Billion +1.18%
2011-06-30 AU$25.33 Billion +2.57%
2010-06-30 AU$24.69 Billion +1.82%
2009-06-30 AU$24.25 Billion +23.80%
2008-06-30 AU$19.59 Billion +459.21%
2007-06-30 AU$3.50 Billion +10.65%
2006-06-30 AU$3.17 Billion +2.76%
2005-06-30 AU$3.08 Billion -7.49%
2004-06-30 AU$3.33 Billion -11.54%
2003-06-30 AU$3.77 Billion +10.41%
2002-06-30 AU$3.41 Billion +110.78%
2001-06-30 AU$1.62 Billion +31.37%
2000-06-30 AU$1.23 Billion +1.99%
1999-06-30 AU$1.21 Billion +3.24%
1998-06-30 AU$1.17 Billion +15.57%
1997-06-30 AU$1.01 Billion +13.21%
1996-06-30 AU$893.88 Million +7.03%
1995-06-30 AU$835.14 Million +12.42%
1994-06-30 AU$742.88 Million +20.75%
1993-06-30 AU$615.20 Million +10.31%
1992-06-30 AU$557.68 Million +36.21%
1991-06-30 AU$409.42 Million +1.15%
1990-06-30 AU$404.76 Million +43.53%
1989-06-30 AU$282.00 Million --

Equity Component Analysis

This analysis shows how different components contribute to Wesfarmers 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 4174.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Retained Earnings AU$1.81 Billion 19.66%
Common Stock AU$13.57 Billion 147.72%
Other Comprehensive Income AU$-6.19 Billion -67.38%
Total Equity AU$9.19 Billion 100.00%

Wesfarmers Ltd Competitors by Market Cap

The table below lists competitors of Wesfarmers Ltd ranked by their market capitalization.

Company Market Cap
Loblaw Companies Limited
PINK:LBLCF
 		$52.95 Billion
Industria de Diseño Textil S.A
PINK:IDEXF
 		$53.11 Billion
Compass Group PLC
PINK:CMPGF
 		$53.24 Billion
Zoetis Inc
NYSE:ZTS
 		$53.52 Billion
Target Corporation
NYSE:TGT
 		$52.60 Billion
Fastenal Company
NASDAQ:FAST
 		$52.59 Billion
Arthur J Gallagher & Co
NYSE:AJG
 		$52.50 Billion
The Progressive Corporation
SA:P1GR34
 		$52.48 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Wesfarmers Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 8,585,000,000 to 9,189,000,000, a change of 604,000,000 (7.0%).
  • Net income of 2,926,000,000 contributed positively to equity growth.
  • Dividend payments of 2,291,000,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 30,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$2.93 Billion +31.84%
Dividends Paid AU$2.29 Billion -24.93%
Other Comprehensive Income AU$-30.00 Million -0.33%
Other Changes AU$-1.00 Million -0.01%
Total Change AU$- 7.04%

Book Value vs Market Value Analysis

This analysis compares Wesfarmers 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: 9.31x
  • 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 45.05x to 9.31x 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$1.67 AU$75.44 x
1990-06-30 AU$2.07 AU$75.44 x
1991-06-30 AU$2.06 AU$75.44 x
1992-06-30 AU$2.18 AU$75.44 x
1993-06-30 AU$2.38 AU$75.44 x
1994-06-30 AU$2.85 AU$75.44 x
1995-06-30 AU$3.56 AU$75.44 x
1996-06-30 AU$3.60 AU$75.44 x
1997-06-30 AU$3.82 AU$75.44 x
1998-06-30 AU$4.22 AU$75.44 x
1999-06-30 AU$4.44 AU$75.44 x
2000-06-30 AU$4.35 AU$75.44 x
2001-06-30 AU$5.54 AU$75.44 x
2002-06-30 AU$9.01 AU$75.44 x
2003-06-30 AU$9.44 AU$75.44 x
2004-06-30 AU$8.39 AU$75.44 x
2005-06-30 AU$7.73 AU$75.44 x
2006-06-30 AU$7.92 AU$75.44 x
2007-06-30 AU$8.77 AU$75.44 x
2008-06-30 AU$32.46 AU$75.44 x
2009-06-30 AU$25.98 AU$75.44 x
2010-06-30 AU$22.03 AU$75.44 x
2011-06-30 AU$22.58 AU$75.44 x
2012-06-30 AU$22.84 AU$75.44 x
2013-06-30 AU$23.20 AU$75.44 x
2014-06-30 AU$23.04 AU$75.44 x
2015-06-30 AU$21.91 AU$75.44 x
2016-06-30 AU$20.40 AU$75.44 x
2017-06-30 AU$21.19 AU$75.44 x
2018-06-30 AU$20.08 AU$75.44 x
2019-06-30 AU$8.81 AU$75.44 x
2020-06-30 AU$8.25 AU$75.44 x
2021-06-30 AU$8.58 AU$75.44 x
2022-06-30 AU$7.04 AU$75.44 x
2023-06-30 AU$7.31 AU$75.44 x
2024-06-30 AU$7.58 AU$75.44 x
2025-06-30 AU$8.10 AU$75.44 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Wesfarmers 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): 31.84%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.42%
  • • Asset Turnover: 1.63x
  • • Equity Multiplier: 3.05x
  • Recent ROE (31.84%) is above the historical average (8.80%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1989 -0.07% -0.02% 1.91x 2.19x AU$-28.19 Million
1990 -0.01% 0.00% 1.38x 2.37x AU$-40.50 Million
1991 -0.03% -0.01% 0.95x 2.40x AU$-41.02 Million
1992 -0.69% -0.24% 1.00x 2.80x AU$-47.98 Million
1993 -2.20% -0.64% 1.25x 2.73x AU$-60.79 Million
1994 -2.80% -0.75% 1.35x 2.76x AU$-78.53 Million
1995 -0.17% -0.06% 1.26x 2.33x AU$-84.26 Million
1996 -0.09% -0.03% 1.21x 2.24x AU$-90.14 Million
1997 -0.06% -0.02% 1.32x 2.04x AU$-101.71 Million
1998 -0.05% 0.00% 0.00x 2.03x AU$-117.37 Million
1999 -0.05% 0.00% 0.00x 2.14x AU$-121.27 Million
2000 -0.06% -0.02% 1.06x 2.59x AU$-123.26 Million
2001 15.78% 5.93% 1.06x 2.51x AU$92.19 Million
2002 0.01% 0.00% 1.11x 1.95x AU$-339.71 Million
2003 0.01% 0.00% 1.16x 1.71x AU$-375.56 Million
2004 0.14% 0.06% 1.02x 2.18x AU$-328.73 Million
2005 -0.02% -0.01% 1.10x 2.37x AU$-308.84 Million
2006 33.11% 11.88% 1.17x 2.37x AU$731.55 Million
2007 22.45% 8.11% 0.80x 3.45x AU$436.04 Million
2008 5.36% 3.14% 0.90x 1.90x AU$-909.00 Million
2009 6.33% 3.02% 1.29x 1.62x AU$-890.20 Million
2010 6.34% 3.03% 1.32x 1.59x AU$-904.40 Million
2011 7.59% 3.51% 1.34x 1.61x AU$-610.90 Million
2012 8.30% 3.67% 1.37x 1.65x AU$-436.70 Million
2013 8.69% 3.79% 1.38x 1.66x AU$-341.20 Million
2014 5.81% 2.51% 1.51x 1.53x AU$-1.09 Billion
2015 9.85% 3.91% 1.55x 1.63x AU$-38.10 Million
2016 1.77% 0.62% 1.62x 1.78x AU$-1.89 Billion
2017 12.00% 4.43% 1.62x 1.68x AU$478.90 Million
2018 5.26% 4.47% 0.72x 1.62x AU$-1.08 Billion
2019 19.46% 6.95% 1.52x 1.84x AU$942.90 Million
2020 18.16% 5.52% 1.18x 2.78x AU$762.60 Million
2021 24.50% 7.04% 1.26x 2.77x AU$1.41 Billion
2022 29.47% 6.41% 1.31x 3.51x AU$1.55 Billion
2023 29.77% 5.68% 1.60x 3.28x AU$1.64 Billion
2024 29.78% 5.81% 1.61x 3.18x AU$1.70 Billion
2025 31.84% 6.42% 1.63x 3.05x AU$2.01 Billion

Industry Comparison

This section compares Wesfarmers Ltd's net assets metrics with peer companies in the Home Improvement Retail industry.

No peer company data available for comparison.