Kerry Group (KRZ) - Net Assets
Based on the latest financial reports, Kerry Group (KRZ) has net assets worth €5.91 Billion EUR (≈ $6.91 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€11.63 Billion ≈ $13.60 Billion USD) and total liabilities (€5.73 Billion ≈ $6.69 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 Kerry Group liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €5.91 Billion |
| % of Total Assets | 50.79% |
| Annual Growth Rate | 14.43% |
| 5-Year Change | 39.35% |
| 10-Year Change | 132.51% |
| Growth Volatility | 31.61 |
Kerry Group - Net Assets Trend (1985–2024)
This chart illustrates how Kerry Group's net assets have evolved over time, based on quarterly financial data. Also explore how large is Kerry Group's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Kerry Group (1985–2024)
The table below shows the annual net assets of Kerry Group from 1985 to 2024. For live valuation and market cap data, see KRZ market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €6.49 Billion ≈ $7.58 Billion |
-0.54% |
| 2023-12-31 | €6.52 Billion ≈ $7.63 Billion |
+4.81% |
| 2022-12-31 | €6.22 Billion ≈ $7.28 Billion |
+11.11% |
| 2021-12-31 | €5.60 Billion ≈ $6.55 Billion |
+20.31% |
| 2020-12-31 | €4.66 Billion ≈ $5.44 Billion |
+2.05% |
| 2019-12-31 | €4.56 Billion ≈ $5.33 Billion |
+13.08% |
| 2018-12-31 | €4.03 Billion ≈ $4.72 Billion |
+12.91% |
| 2017-12-31 | €3.57 Billion ≈ $4.18 Billion |
+15.49% |
| 2016-12-31 | €3.09 Billion ≈ $3.62 Billion |
+10.89% |
| 2015-12-31 | €2.79 Billion ≈ $3.26 Billion |
+24.80% |
| 2014-12-31 | €2.24 Billion ≈ $2.61 Billion |
+13.63% |
| 2013-12-31 | €1.97 Billion ≈ $2.30 Billion |
-2.46% |
| 2012-12-31 | €2.02 Billion ≈ $2.36 Billion |
+9.32% |
| 2011-12-31 | €1.85 Billion ≈ $2.16 Billion |
+13.42% |
| 2010-12-31 | €1.63 Billion ≈ $1.90 Billion |
+26.71% |
| 2009-12-31 | €1.28 Billion ≈ $1.50 Billion |
+12.27% |
| 2008-12-31 | €1.14 Billion ≈ $1.34 Billion |
-6.96% |
| 2007-12-31 | €1.23 Billion ≈ $1.44 Billion |
-7.10% |
| 2006-12-31 | €1.32 Billion ≈ $1.55 Billion |
+12.35% |
| 2005-12-31 | €1.18 Billion ≈ $1.38 Billion |
+21.64% |
| 2004-12-31 | €968.16 Million ≈ $1.13 Billion |
+5.24% |
| 2003-12-31 | €919.95 Million ≈ $1.08 Billion |
+14.35% |
| 2002-12-31 | €804.53 Million ≈ $940.58 Million |
+6.20% |
| 2001-12-31 | €757.55 Million ≈ $885.65 Million |
+43.18% |
| 2000-12-31 | €529.09 Million ≈ $618.56 Million |
+50.25% |
| 1999-12-31 | €352.12 Million ≈ $411.67 Million |
+29.93% |
| 1998-12-31 | €271.01 Million ≈ $316.84 Million |
+142.36% |
| 1997-12-31 | €111.82 Million ≈ $130.73 Million |
+73.60% |
| 1996-12-31 | €64.41 Million ≈ $75.30 Million |
-83.78% |
| 1995-12-31 | €397.13 Million ≈ $464.29 Million |
+37.72% |
| 1994-12-31 | €288.36 Million ≈ $337.12 Million |
+19.71% |
| 1993-12-31 | €240.88 Million ≈ $281.61 Million |
+12.65% |
| 1992-12-31 | €213.83 Million ≈ $249.99 Million |
+10.57% |
| 1991-12-31 | €193.40 Million ≈ $226.10 Million |
+17.01% |
| 1990-12-31 | €165.28 Million ≈ $193.23 Million |
+8.47% |
| 1989-12-31 | €152.38 Million ≈ $178.15 Million |
+65.07% |
| 1988-12-31 | €92.31 Million ≈ $107.92 Million |
+63.30% |
| 1987-12-31 | €56.53 Million ≈ $66.09 Million |
+23.30% |
| 1986-12-31 | €45.85 Million ≈ $53.60 Million |
+35.68% |
| 1985-12-31 | €33.79 Million ≈ $39.51 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kerry 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 29107.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €4.38 Billion | 67.54% |
| Other Components | €2.11 Billion | 32.46% |
| Total Equity | €6.49 Billion | 100.00% |
Kerry Group Competitors by Market Cap
The table below lists competitors of Kerry Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sanan Optoelectronics Co Ltd
SHG:600703
|
$11.16 Billion |
|
Turkiye Petrol Rafinerileri AS
IS:TUPRS
|
$11.16 Billion |
|
LG Corp
KO:003550
|
$11.16 Billion |
|
Dr. Reddy’s Laboratories Ltd ADR
NYSE:RDY
|
$11.16 Billion |
|
TELECOM ITALIA ADR 1
F:TQIA
|
$11.15 Billion |
|
Pinnacle West Capital Corp
NYSE:PNW
|
$11.14 Billion |
|
The Clorox Company
NYSE:CLX
|
$11.14 Billion |
|
Summit Therapeutics PLC
NASDAQ:SMMT
|
$11.14 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kerry Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,521,300,000 to 6,485,800,000, a change of -35,500,000 (-0.5%).
- Net income of 734,400,000 contributed positively to equity growth.
- Dividend payments of 205,200,000 reduced retained earnings.
- Share repurchases of 556,500,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €734.40 Million | +11.32% |
| Dividends Paid | €205.20 Million | -3.16% |
| Share Repurchases | €556.50 Million | -8.58% |
| Other Changes | €-8.20 Million | -0.13% |
| Total Change | €- | -0.54% |
Book Value vs Market Value Analysis
This analysis compares Kerry 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: 1.85x
- 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 378.88x to 1.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | €0.19 | €72.20 | x |
| 1986-12-31 | €0.26 | €72.20 | x |
| 1987-12-31 | €0.33 | €72.20 | x |
| 1988-12-31 | €0.56 | €72.20 | x |
| 1989-12-31 | €0.94 | €72.20 | x |
| 1990-12-31 | €1.02 | €72.20 | x |
| 1991-12-31 | €1.20 | €72.20 | x |
| 1992-12-31 | €1.33 | €72.20 | x |
| 1993-12-31 | €1.54 | €72.20 | x |
| 1994-12-31 | €1.84 | €72.20 | x |
| 1995-12-31 | €2.42 | €72.20 | x |
| 1996-12-31 | €0.39 | €72.20 | x |
| 1997-12-31 | €0.68 | €72.20 | x |
| 1998-12-31 | €1.58 | €72.20 | x |
| 1999-12-31 | €2.03 | €72.20 | x |
| 2000-12-31 | €3.05 | €72.20 | x |
| 2001-12-31 | €4.28 | €72.20 | x |
| 2002-12-31 | €4.32 | €72.20 | x |
| 2003-12-31 | €4.93 | €72.20 | x |
| 2004-12-31 | €5.17 | €72.20 | x |
| 2005-12-31 | €6.27 | €72.20 | x |
| 2006-12-31 | €7.09 | €72.20 | x |
| 2007-12-31 | €6.84 | €72.20 | x |
| 2008-12-31 | €6.53 | €72.20 | x |
| 2009-12-31 | €7.33 | €72.20 | x |
| 2010-12-31 | €9.27 | €72.20 | x |
| 2011-12-31 | €10.51 | €72.20 | x |
| 2012-12-31 | €11.47 | €72.20 | x |
| 2013-12-31 | €11.19 | €72.20 | x |
| 2014-12-31 | €12.70 | €72.20 | x |
| 2015-12-31 | €15.84 | €72.20 | x |
| 2016-12-31 | €17.53 | €72.20 | x |
| 2017-12-31 | €20.23 | €72.20 | x |
| 2018-12-31 | €22.82 | €72.20 | x |
| 2019-12-31 | €25.76 | €72.20 | x |
| 2020-12-31 | €26.26 | €72.20 | x |
| 2021-12-31 | €31.56 | €72.20 | x |
| 2022-12-31 | €35.05 | €72.20 | x |
| 2023-12-31 | €37.10 | €72.20 | x |
| 2024-12-31 | €38.97 | €72.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kerry 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): 11.32%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.60%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.93x
- Recent ROE (11.32%) is below the historical average (19.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 15.22% | 2.14% | 2.63x | 2.70x | €1.55 Million |
| 1986 | 14.42% | 2.20% | 2.55x | 2.57x | €1.79 Million |
| 1987 | 14.51% | 2.54% | 2.51x | 2.27x | €2.31 Million |
| 1988 | 13.08% | 2.88% | 1.44x | 3.16x | €2.69 Million |
| 1989 | 11.08% | 2.90% | 1.75x | 2.19x | €1.58 Million |
| 1990 | 11.47% | 3.13% | 1.53x | 2.39x | €2.34 Million |
| 1991 | 11.89% | 2.95% | 1.72x | 2.34x | €3.55 Million |
| 1992 | 11.87% | 2.98% | 1.88x | 2.12x | €3.88 Million |
| 1993 | 11.99% | 3.28% | 1.55x | 2.35x | €4.78 Million |
| 1994 | 11.18% | 3.65% | 1.00x | 3.06x | €3.41 Million |
| 1995 | 12.19% | 3.18% | 1.43x | 2.68x | €8.70 Million |
| 1996 | 109.63% | 4.51% | 2.11x | 11.52x | €64.17 Million |
| 1997 | 73.39% | 4.81% | 2.11x | 7.22x | €70.88 Million |
| 1998 | 34.98% | 4.31% | 1.65x | 4.92x | €67.69 Million |
| 1999 | 21.44% | 3.07% | 1.68x | 4.15x | €40.27 Million |
| 2000 | 25.04% | 5.05% | 1.63x | 3.04x | €79.60 Million |
| 2001 | 17.57% | 4.43% | 1.22x | 3.26x | €57.38 Million |
| 2002 | 12.91% | 2.77% | 1.47x | 3.17x | €23.45 Million |
| 2003 | 17.50% | 4.36% | 1.42x | 2.83x | €68.98 Million |
| 2004 | 21.08% | 4.94% | 1.21x | 3.54x | €107.23 Million |
| 2005 | 20.03% | 5.32% | 1.11x | 3.40x | €118.11 Million |
| 2006 | 13.43% | 3.83% | 1.16x | 3.03x | €45.43 Million |
| 2007 | 20.02% | 5.14% | 1.21x | 3.23x | €123.19 Million |
| 2008 | 15.47% | 3.69% | 1.24x | 3.39x | €62.61 Million |
| 2009 | 15.67% | 4.45% | 1.09x | 3.23x | €72.82 Million |
| 2010 | 19.93% | 6.54% | 1.11x | 2.76x | €161.50 Million |
| 2011 | 19.55% | 6.80% | 1.01x | 2.83x | €176.17 Million |
| 2012 | 13.24% | 4.57% | 1.09x | 2.65x | €65.28 Million |
| 2013 | 4.29% | 1.45% | 1.12x | 2.65x | €-112.35 Million |
| 2014 | 21.47% | 8.34% | 0.96x | 2.67x | €256.34 Million |
| 2015 | 18.83% | 8.61% | 0.87x | 2.51x | €246.39 Million |
| 2016 | 17.23% | 8.70% | 0.83x | 2.40x | €223.70 Million |
| 2017 | 16.47% | 9.18% | 0.87x | 2.07x | €231.18 Million |
| 2018 | 13.40% | 8.18% | 0.79x | 2.06x | €137.06 Million |
| 2019 | 12.42% | 7.82% | 0.76x | 2.08x | €110.28 Million |
| 2020 | 11.90% | 7.97% | 0.74x | 2.03x | €88.55 Million |
| 2021 | 13.62% | 10.38% | 0.65x | 2.03x | €202.88 Million |
| 2022 | 9.75% | 6.91% | 0.71x | 1.97x | €-15.79 Million |
| 2023 | 11.16% | 10.44% | 0.60x | 1.79x | €75.97 Million |
| 2024 | 11.32% | 10.60% | 0.55x | 1.93x | €85.82 Million |
Industry Comparison
This section compares Kerry Group's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $804,778,000
- Average return on equity (ROE) among peers: 18.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kerry Group (KRZ) | €5.91 Billion | 15.22% | 0.97x | $11.15 Billion |
| Glanbia PLC (GL9) | $804.78 Million | 18.18% | 1.62x | $3.57 Billion |
About Kerry Group
Kerry Group plc, together with its subsidiaries, provides taste and nutrition solutions. The company offers taste solutions, such as dairy and dairy-free flavours, savoury flavours and extracts, smoke and grill, sweet flavours and extracts, and taste modulations. It also provides nutrition solutions, including enzymes, proteins, nutritional lipids and bases, soluble dietary fibre, wellness and he… Read more