E.ON SE (EOAA) - Net Assets
Based on the latest financial reports, E.ON SE (EOAA) has net assets worth €25.83 Billion EUR (≈ $30.20 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 (€110.69 Billion ≈ $129.40 Billion USD) and total liabilities (€84.85 Billion ≈ $99.20 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 E.ON SE asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €25.83 Billion |
| % of Total Assets | 23.34% |
| Annual Growth Rate | 39.55% |
| 5-Year Change | 44.41% |
| 10-Year Change | N/A |
| Growth Volatility | 129.61 |
E.ON SE - Net Assets Trend (2016–2025)
This chart illustrates how E.ON SE's net assets have evolved over time, based on quarterly financial data. Also explore EOAA total assets for the complete picture of this company's asset base.
Annual Net Assets for E.ON SE (2016–2025)
The table below shows the annual net assets of E.ON SE from 2016 to 2025. For live valuation and market cap data, see EOAA market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €25.83 Billion ≈ $30.20 Billion |
+6.90% |
| 2024-12-31 | €24.17 Billion ≈ $28.25 Billion |
+21.01% |
| 2023-12-31 | €19.97 Billion ≈ $23.35 Billion |
-8.68% |
| 2022-12-31 | €21.87 Billion ≈ $25.56 Billion |
+22.24% |
| 2021-12-31 | €17.89 Billion ≈ $20.91 Billion |
+97.56% |
| 2020-12-31 | €9.05 Billion ≈ $10.59 Billion |
-30.80% |
| 2019-12-31 | €13.09 Billion ≈ $15.30 Billion |
+53.62% |
| 2018-12-31 | €8.52 Billion ≈ $9.96 Billion |
+26.98% |
| 2017-12-31 | €6.71 Billion ≈ $7.84 Billion |
+421.21% |
| 2016-12-31 | €1.29 Billion ≈ $1.50 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to E.ON SE'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 1432300000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €5.83 Billion | 30.26% |
| Other Components | €13.43 Billion | 69.74% |
| Total Equity | €19.26 Billion | 100.00% |
E.ON SE Competitors by Market Cap
The table below lists competitors of E.ON SE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
L3Harris Technologies Inc
NYSE:LHX
|
$51.53 Billion |
|
Cameco Corp
TO:CCO
|
$51.55 Billion |
|
Fastenal Company
NASDAQ:FAST
|
$51.57 Billion |
|
Sandvik AB
ST:SAND
|
$51.72 Billion |
|
Mercedes-Benz Group AG
F:MBG
|
$51.50 Billion |
|
UCB SA
BR:UCB
|
$51.45 Billion |
|
Carrier Global Corp
NYSE:CARR
|
$51.37 Billion |
|
Thales S.A.
PA:HO
|
$51.35 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in E.ON SE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 17,841,000,000 to 19,260,000,000, a change of 1,419,000,000 (8.0%).
- Net income of 1,734,000,000 contributed positively to equity growth.
- Dividend payments of 1,437,000,000 reduced retained earnings.
- Other factors increased equity by 1,122,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.73 Billion | +9.0% |
| Dividends Paid | €1.44 Billion | -7.46% |
| Other Changes | €1.12 Billion | +5.83% |
| Total Change | €- | 7.95% |
Book Value vs Market Value Analysis
This analysis compares E.ON SE'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: 2.47x
- 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 9.74x to 2.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €1.85 | €18.00 | x |
| 2018-12-31 | €2.66 | €18.00 | x |
| 2019-12-31 | €3.48 | €18.00 | x |
| 2020-12-31 | €1.89 | €18.00 | x |
| 2021-12-31 | €4.32 | €18.00 | x |
| 2022-12-31 | €5.68 | €18.00 | x |
| 2023-12-31 | €5.40 | €18.00 | x |
| 2024-12-31 | €6.83 | €18.00 | x |
| 2025-12-31 | €7.29 | €18.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently E.ON SE 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): 9.00%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.20%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 5.75x
- Recent ROE (9.00%) is below the historical average (28.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | -22.14% | 0.60x | 0.00x | €-8.34 Billion |
| 2017 | 97.95% | 10.34% | 0.68x | 13.96x | €3.52 Billion |
| 2018 | 55.97% | 10.90% | 0.54x | 9.43x | €2.65 Billion |
| 2019 | 17.25% | 3.82% | 0.42x | 10.86x | €658.30 Million |
| 2020 | 20.65% | 1.67% | 0.64x | 19.37x | €524.50 Million |
| 2021 | 41.64% | 6.06% | 0.65x | 10.63x | €3.56 Billion |
| 2022 | 12.34% | 1.58% | 0.86x | 9.03x | €347.50 Million |
| 2023 | 3.66% | 0.55% | 0.83x | 8.04x | €-894.40 Million |
| 2024 | 25.40% | 5.66% | 0.72x | 6.24x | €2.75 Billion |
| 2025 | 9.00% | 2.20% | 0.71x | 5.75x | €-192.00 Million |
Industry Comparison
This section compares E.ON SE's net assets metrics with peer companies in the Utilities - Diversified industry.
Industry Context
- Industry: Utilities - Diversified
- Average net assets among peers: $16,894,161,111
- Average return on equity (ROE) among peers: 11.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| E.ON SE (EOAA) | €25.83 Billion | 0.00% | 3.28x | $51.50 Billion |
| Companhia Energética de Minas Gerais (CID) | $12.93 Billion | 2.58% | 2.25x | $4.63 Billion |
| CIA EN.GER. ADR 1 (CIDS) | $24.66 Billion | 23.38% | 1.23x | $3.31 Billion |
| EnBW Energie Baden-Württemberg AG (EBK) | $2.39 Billion | -1.30% | 9.08x | $22.58 Billion |
| EDP-ENERG.PORTUG. ADR/10 (EDPA) | $13.98 Billion | 4.70% | 2.65x | $19.10 Billion |
| Enel SpA (ENLA) | $47.85 Billion | 10.01% | 2.46x | $98.17 Billion |
| E.ON SE (EOAN) | $17.89 Billion | 26.22% | 5.69x | $52.11 Billion |
| Lechwerke AG (LEC) | $553.36 Million | 21.85% | 2.14x | $2.50 Billion |
| MVV Energie AG (MVV1) | $2.51 Billion | 7.28% | 2.13x | $2.09 Billion |
| RWE AG (RWE) | $29.28 Billion | 9.28% | 3.73x | $38.05 Billion |
About E.ON SE
E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally. The company operates through Energy Networks, Energy Infrastructure Solutions, and Energy Retail segments. The Energy Networks segment operates power and gas distribution networks; and offers maintenance, repair, and related services for its power and gas networks. I… Read more