Balfour Beatty plc (BBY) - Net Assets
Based on the latest financial reports, Balfour Beatty plc (BBY) has net assets worth GBX1.15 Billion GBX (≈ $140.17K USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX6.09 Billion ≈ $741.34K USD) and total liabilities (GBX4.94 Billion ≈ $601.18K 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 BBY tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX1.15 Billion |
| % of Total Assets | 18.91% |
| Annual Growth Rate | 2.77% |
| 5-Year Change | -16.28% |
| 10-Year Change | 51.18% |
| Growth Volatility | 27.8 |
Balfour Beatty plc - Net Assets Trend (1985–2025)
This chart illustrates how Balfour Beatty plc's net assets have evolved over time, based on quarterly financial data. See BBY defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Balfour Beatty plc (1985–2025)
The table below shows the annual net assets of Balfour Beatty plc from 1985 to 2025. For live valuation and market cap data, see BBY market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | GBX1.15 Billion ≈ $140.17K |
+1.95% |
| 2024-12-31 | GBX1.13 Billion ≈ $137.49K |
-6.46% |
| 2023-12-31 | GBX1.21 Billion ≈ $146.98K |
-12.65% |
| 2022-12-31 | GBX1.38 Billion ≈ $168.27K |
+0.51% |
| 2021-12-31 | GBX1.38 Billion ≈ $167.42K |
+2.30% |
| 2020-12-31 | GBX1.34 Billion ≈ $163.65K |
-2.32% |
| 2019-12-31 | GBX1.38 Billion ≈ $167.54K |
+10.96% |
| 2018-12-31 | GBX1.24 Billion ≈ $150.99K |
+16.42% |
| 2017-12-31 | GBX1.07 Billion ≈ $129.70K |
+39.90% |
| 2016-12-31 | GBX762.00 Million ≈ $92.71K |
-8.19% |
| 2015-12-31 | GBX830.00 Million ≈ $100.99K |
-32.52% |
| 2014-12-31 | GBX1.23 Billion ≈ $149.66K |
+18.84% |
| 2013-12-31 | GBX1.03 Billion ≈ $125.93K |
-20.93% |
| 2012-12-31 | GBX1.31 Billion ≈ $159.27K |
+3.64% |
| 2011-12-31 | GBX1.26 Billion ≈ $153.67K |
+8.88% |
| 2010-12-31 | GBX1.16 Billion ≈ $141.14K |
+16.12% |
| 2009-12-31 | GBX999.00 Million ≈ $121.55K |
+15.49% |
| 2008-12-31 | GBX865.00 Million ≈ $105.25K |
+79.09% |
| 2007-12-31 | GBX483.00 Million ≈ $58.77K |
+24.81% |
| 2006-12-31 | GBX387.00 Million ≈ $47.09K |
+32.53% |
| 2005-12-31 | GBX292.00 Million ≈ $35.53K |
-3.31% |
| 2004-12-31 | GBX302.00 Million ≈ $36.74K |
+30.74% |
| 2003-12-31 | GBX231.00 Million ≈ $28.11K |
+19.69% |
| 2002-12-31 | GBX193.00 Million ≈ $23.48K |
+4.32% |
| 2001-12-31 | GBX185.00 Million ≈ $22.51K |
+17.83% |
| 2000-12-31 | GBX157.00 Million ≈ $19.10K |
+89.16% |
| 1999-12-31 | GBX83.00 Million ≈ $10.10K |
-60.10% |
| 1998-12-31 | GBX208.00 Million ≈ $25.31K |
-54.49% |
| 1997-12-31 | GBX457.00 Million ≈ $55.60K |
-24.59% |
| 1996-12-31 | GBX606.00 Million ≈ $73.73K |
+13.70% |
| 1995-12-31 | GBX533.00 Million ≈ $64.85K |
-17.87% |
| 1994-12-31 | GBX649.00 Million ≈ $78.96K |
+43.90% |
| 1993-12-31 | GBX451.00 Million ≈ $54.87K |
-11.57% |
| 1992-12-31 | GBX510.00 Million ≈ $62.05K |
+0.39% |
| 1991-12-31 | GBX508.00 Million ≈ $61.81K |
+3.91% |
| 1990-12-31 | GBX488.90 Million ≈ $59.48K |
-8.17% |
| 1989-12-31 | GBX532.40 Million ≈ $64.78K |
+20.73% |
| 1988-12-31 | GBX441.00 Million ≈ $53.66K |
+11.20% |
| 1987-12-31 | GBX396.60 Million ≈ $48.25K |
-2.32% |
| 1986-12-31 | GBX406.00 Million ≈ $49.40K |
+5.18% |
| 1985-12-31 | GBX386.00 Million ≈ $46.97K |
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Equity Component Analysis
This analysis shows how different components contribute to Balfour Beatty plc'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 1119.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX475.00 Million | 41.56% |
| Common Stock | GBX247.00 Million | 21.61% |
| Other Comprehensive Income | GBX99.00 Million | 8.66% |
| Other Components | GBX322.00 Million | 28.17% |
| Total Equity | GBX1.14 Billion | 100.00% |
Balfour Beatty plc Competitors by Market Cap
The table below lists competitors of Balfour Beatty plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vinyl Chemicals (India) Limited
NSE:VINYLINDIA
|
$50.48 Million |
|
IRSA Propiedades Comerciales S.A
BA:IRCP
|
$50.48 Million |
|
FIT INVEST JSC
VN:FIT
|
$50.50 Million |
|
Binh Duong Trade and Development JSC
VN:TDC
|
$50.51 Million |
|
Thonburi Medical Centre Public Company Limited
BK:KDH
|
$50.45 Million |
|
Hilbert Group AB Series B
ST:HILB-B
|
$50.44 Million |
|
K Auction Inc.
KQ:102370
|
$50.44 Million |
|
Mangalam Organics Limited
NSE:MANORG
|
$50.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Balfour Beatty plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,121,000,000 to 1,143,000,000, a change of 22,000,000 (2.0%).
- Net income of 263,000,000 contributed positively to equity growth.
- Dividend payments of 64,000,000 reduced retained earnings.
- Share repurchases of 157,000,000 reduced equity.
- Other comprehensive income decreased equity by 86,000,000.
- Other factors increased equity by 66,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX263.00 Million | +23.01% |
| Dividends Paid | GBX64.00 Million | -5.6% |
| Share Repurchases | GBX157.00 Million | -13.74% |
| Other Comprehensive Income | GBX-86.00 Million | -7.52% |
| Other Changes | GBX66.00 Million | +5.77% |
| Total Change | GBX- | 1.96% |
Book Value vs Market Value Analysis
This analysis compares Balfour Beatty plc'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: 384.83x
- 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 732.60x to 384.83x 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 | GBX1.19 | GBX871.00 | x |
| 1986-12-31 | GBX1.18 | GBX871.00 | x |
| 1987-12-31 | GBX1.11 | GBX871.00 | x |
| 1988-12-31 | GBX1.08 | GBX871.00 | x |
| 1989-12-31 | GBX1.25 | GBX871.00 | x |
| 1990-12-31 | GBX1.12 | GBX871.00 | x |
| 1991-12-31 | GBX1.11 | GBX871.00 | x |
| 1992-12-31 | GBX1.05 | GBX871.00 | x |
| 1993-12-31 | GBX0.84 | GBX871.00 | x |
| 1994-12-31 | GBX1.31 | GBX871.00 | x |
| 1995-12-31 | GBX1.02 | GBX871.00 | x |
| 1996-12-31 | GBX1.15 | GBX871.00 | x |
| 1997-12-31 | GBX0.75 | GBX871.00 | x |
| 1998-12-31 | GBX0.41 | GBX871.00 | x |
| 1999-12-31 | GBX0.17 | GBX871.00 | x |
| 2000-12-31 | GBX0.32 | GBX871.00 | x |
| 2001-12-31 | GBX0.38 | GBX871.00 | x |
| 2002-12-31 | GBX0.41 | GBX871.00 | x |
| 2003-12-31 | GBX0.38 | GBX871.00 | x |
| 2004-12-31 | GBX0.62 | GBX871.00 | x |
| 2005-12-31 | GBX0.59 | GBX871.00 | x |
| 2006-12-31 | GBX0.78 | GBX871.00 | x |
| 2007-12-31 | GBX0.97 | GBX871.00 | x |
| 2008-12-31 | GBX1.42 | GBX871.00 | x |
| 2009-12-31 | GBX1.74 | GBX871.00 | x |
| 2010-12-31 | GBX1.69 | GBX871.00 | x |
| 2011-12-31 | GBX1.84 | GBX871.00 | x |
| 2012-12-31 | GBX1.91 | GBX871.00 | x |
| 2013-12-31 | GBX1.51 | GBX871.00 | x |
| 2014-12-31 | GBX1.79 | GBX871.00 | x |
| 2015-12-31 | GBX1.21 | GBX871.00 | x |
| 2016-12-31 | GBX1.11 | GBX871.00 | x |
| 2017-12-31 | GBX1.53 | GBX871.00 | x |
| 2018-12-31 | GBX1.79 | GBX871.00 | x |
| 2019-12-31 | GBX1.99 | GBX871.00 | x |
| 2020-12-31 | GBX1.94 | GBX871.00 | x |
| 2021-12-31 | GBX2.06 | GBX871.00 | x |
| 2022-12-31 | GBX2.22 | GBX871.00 | x |
| 2023-12-31 | GBX2.12 | GBX871.00 | x |
| 2024-12-31 | GBX2.12 | GBX871.00 | x |
| 2025-12-31 | GBX2.26 | GBX871.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Balfour Beatty plc 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): 23.01%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.77%
- • Asset Turnover: 1.56x
- • Equity Multiplier: 5.33x
- Recent ROE (23.01%) is above the historical average (1.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 10.12% | 1.33% | 2.00x | 3.81x | GBX330.00K |
| 1986 | 11.13% | 1.49% | 1.84x | 4.04x | GBX3.24 Million |
| 1987 | 22.03% | 2.60% | 1.96x | 4.32x | GBX35.38 Million |
| 1988 | 29.16% | 3.01% | 1.93x | 5.00x | GBX58.35 Million |
| 1989 | 30.41% | 3.07% | 1.98x | 5.01x | GBX78.19 Million |
| 1990 | 25.31% | 2.62% | 1.76x | 5.49x | GBX56.25 Million |
| 1991 | 0.81% | 0.09% | 1.56x | 5.95x | GBX-34.20 Million |
| 1992 | 1.84% | 0.21% | 1.38x | 6.45x | GBX-31.10 Million |
| 1993 | 15.63% | 1.47% | 1.48x | 7.19x | GBX19.10 Million |
| 1994 | 12.78% | 1.88% | 1.49x | 4.56x | GBX15.00 Million |
| 1995 | -27.42% | -2.86% | 1.65x | 5.82x | GBX-158.30 Million |
| 1996 | 0.60% | 0.07% | 1.77x | 4.83x | GBX-46.60 Million |
| 1997 | -18.28% | -1.59% | 1.90x | 6.05x | GBX-102.10 Million |
| 1998 | -70.56% | -3.79% | 2.04x | 9.12x | GBX-158.70 Million |
| 1999 | -472.50% | -14.35% | 2.35x | 13.99x | GBX-386.00 Million |
| 2000 | 46.10% | 3.03% | 1.80x | 8.45x | GBX55.60 Million |
| 2001 | 41.53% | 2.78% | 1.82x | 8.22x | GBX57.70 Million |
| 2002 | 27.46% | 1.71% | 1.94x | 8.27x | GBX33.70 Million |
| 2003 | 38.53% | 2.82% | 1.79x | 7.65x | GBX65.90 Million |
| 2004 | 86.09% | 7.45% | 1.51x | 7.68x | GBX229.80 Million |
| 2005 | 36.30% | 2.76% | 1.71x | 7.67x | GBX76.80 Million |
| 2006 | 23.51% | 2.03% | 1.74x | 6.66x | GBX52.30 Million |
| 2007 | 31.26% | 2.34% | 1.92x | 6.95x | GBX102.70 Million |
| 2008 | 22.76% | 2.37% | 1.82x | 5.28x | GBX109.90 Million |
| 2009 | 21.21% | 2.36% | 1.65x | 5.45x | GBX111.50 Million |
| 2010 | 12.37% | 1.55% | 1.72x | 4.65x | GBX27.40 Million |
| 2011 | 14.77% | 1.96% | 1.64x | 4.58x | GBX60.10 Million |
| 2012 | 2.68% | 0.37% | 1.64x | 4.43x | GBX-95.60 Million |
| 2013 | -3.39% | -0.47% | 1.31x | 5.53x | GBX-138.30 Million |
| 2014 | -4.89% | -0.83% | 1.39x | 4.27x | GBX-182.70 Million |
| 2015 | -24.94% | -2.96% | 1.51x | 5.57x | GBX-288.60 Million |
| 2016 | 3.17% | 0.35% | 1.45x | 6.31x | GBX-51.70 Million |
| 2017 | 15.91% | 2.43% | 1.42x | 4.62x | GBX62.40 Million |
| 2018 | 10.97% | 2.03% | 1.45x | 3.71x | GBX11.90 Million |
| 2019 | 9.50% | 1.78% | 1.51x | 3.54x | GBX-6.80 Million |
| 2020 | 2.25% | 0.41% | 1.56x | 3.51x | GBX-103.60 Million |
| 2021 | 10.23% | 1.94% | 1.49x | 3.54x | GBX3.10 Million |
| 2022 | 20.90% | 3.78% | 1.49x | 3.72x | GBX150.20 Million |
| 2023 | 16.44% | 2.46% | 1.52x | 4.39x | GBX77.20 Million |
| 2024 | 15.88% | 2.16% | 1.46x | 5.02x | GBX65.90 Million |
| 2025 | 23.01% | 2.77% | 1.56x | 5.33x | GBX148.70 Million |
Industry Comparison
This section compares Balfour Beatty plc's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $97,218,222
- Average return on equity (ROE) among peers: -10.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Balfour Beatty plc (BBY) | GBX1.15 Billion | 10.12% | 4.29x | $50.45 Million |
| Babcock International Group PLC (BAB) | $47.34 Million | -96.10% | 7.52x | $62.58 Million |
| Billington Holdings PLC (BILN) | $29.22 Million | 4.69% | 0.70x | $637.55K |
| Ceps PLC (CEPS) | $1.09 Million | -89.66% | 14.07x | $111.15K |
| Costain Group PLC (COST) | $-44.50 Million | 0.00% | 0.00x | $6.83 Million |
| Galliford Try PLC (GFRD) | $120.10 Million | 21.15% | 3.82x | $6.30 Million |
| Hill & Smith Holdings PLC (HILS) | $9.98 Million | 12.25% | 0.88x | $27.83 Million |
| Kier Group PLC (KIE) | $183.10 Million | 25.78% | 5.72x | $10.97 Million |
| Kinovo PLC (KINO) | $10.62 Million | 12.98% | 2.45x | $9.21 Million |
| Keller Group PLC (KLR) | $518.00 Million | 17.26% | 2.24x | $22.54 Million |
About Balfour Beatty plc
Balfour Beatty plc finances, develops, builds, maintains, and operates infrastructure in the United Kingdom, the United States, and internationally. It operates through three segments: Construction Services, Support Services, Infrastructure Investments. The company constructs buildings, including commercial, healthcare, education, retail, and residential assets; and infrastructure assets comprisi… Read more