SSE PLC (SSE) - Net Assets
Based on the latest financial reports, SSE PLC (SSE) has net assets worth GBX13.42 Billion GBX (≈ $1.63 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX35.35 Billion ≈ $4.30 Million USD) and total liabilities (GBX21.94 Billion ≈ $2.67 Million 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 SSE PLC PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX13.42 Billion |
| % of Total Assets | 37.95% |
| Annual Growth Rate | 12.18% |
| 5-Year Change | 65.25% |
| 10-Year Change | -82.67% |
| Growth Volatility | 355.14 |
SSE PLC - Net Assets Trend (1986–2026)
This chart illustrates how SSE PLC's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is SSE PLC worth.
Annual Net Assets for SSE PLC (1986–2026)
The table below shows the annual net assets of SSE PLC from 1986 to 2026. Also explore SSE PLC equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | GBX13.42 Billion ≈ $1.63 Million |
+5.69% |
| 2025-03-31 | GBX12.69 Billion ≈ $1.54 Million |
+7.54% |
| 2024-03-31 | GBX11.80 Billion ≈ $1.44 Million |
+27.84% |
| 2023-03-31 | GBX9.23 Billion ≈ $1.12 Million |
+13.73% |
| 2022-03-31 | GBX8.12 Billion ≈ $987.77K |
+55.86% |
| 2021-03-31 | GBX5.21 Billion ≈ $633.75K |
+38.81% |
| 2020-03-31 | GBX3.75 Billion ≈ $456.57K |
-35.22% |
| 2019-03-31 | GBX5.79 Billion ≈ $704.76K |
+10.75% |
| 2018-03-31 | GBX5.23 Billion ≈ $636.36K |
-93.24% |
| 2017-12-31 | GBX77.39 Billion ≈ $9.42 Million |
+1133.81% |
| 2017-03-31 | GBX6.27 Billion ≈ $763.18K |
-91.75% |
| 2016-12-31 | GBX76.05 Billion ≈ $9.25 Million |
+1357.73% |
| 2016-03-31 | GBX5.22 Billion ≈ $634.76K |
-93.06% |
| 2015-12-31 | GBX75.18 Billion ≈ $9.15 Million |
+1136.44% |
| 2015-03-31 | GBX6.08 Billion ≈ $739.82K |
-91.42% |
| 2014-12-31 | GBX70.90 Billion ≈ $8.63 Million |
+1284.90% |
| 2014-03-31 | GBX5.12 Billion ≈ $622.90K |
-7.74% |
| 2013-03-31 | GBX5.55 Billion ≈ $675.14K |
+21.05% |
| 2012-03-31 | GBX4.58 Billion ≈ $557.75K |
-11.86% |
| 2011-03-31 | GBX5.20 Billion ≈ $632.79K |
+66.64% |
| 2010-03-31 | GBX3.12 Billion ≈ $379.74K |
+4.91% |
| 2009-03-31 | GBX2.97 Billion ≈ $361.96K |
-0.18% |
| 2008-03-31 | GBX2.98 Billion ≈ $362.62K |
+14.81% |
| 2007-03-31 | GBX2.60 Billion ≈ $315.85K |
+21.00% |
| 2006-03-31 | GBX2.15 Billion ≈ $261.03K |
+15.20% |
| 2005-03-31 | GBX1.86 Billion ≈ $226.59K |
+0.53% |
| 2004-03-31 | GBX1.85 Billion ≈ $225.40K |
+5.06% |
| 2003-03-31 | GBX1.76 Billion ≈ $214.54K |
+3.34% |
| 2002-03-31 | GBX1.71 Billion ≈ $207.61K |
+2.98% |
| 2001-03-31 | GBX1.66 Billion ≈ $201.60K |
-0.41% |
| 2000-03-31 | GBX1.66 Billion ≈ $202.42K |
+5.53% |
| 1999-03-31 | GBX1.58 Billion ≈ $191.81K |
+67.21% |
| 1998-03-31 | GBX942.80 Million ≈ $114.71K |
+6.94% |
| 1997-03-31 | GBX881.60 Million ≈ $107.27K |
+1.84% |
| 1996-03-31 | GBX865.70 Million ≈ $105.33K |
+11.22% |
| 1995-03-31 | GBX778.40 Million ≈ $94.71K |
+9.08% |
| 1994-03-31 | GBX713.60 Million ≈ $86.82K |
+11.60% |
| 1993-03-31 | GBX639.40 Million ≈ $77.80K |
+9.99% |
| 1992-03-31 | GBX581.30 Million ≈ $70.73K |
+159.86% |
| 1991-03-31 | GBX223.70 Million ≈ $27.22K |
+32.76% |
| 1990-03-31 | GBX168.50 Million ≈ $20.50K |
+39.14% |
| 1989-03-31 | GBX121.10 Million ≈ $14.73K |
-23.93% |
| 1988-03-31 | GBX159.20 Million ≈ $19.37K |
+6.06% |
| 1987-03-31 | GBX150.10 Million ≈ $18.26K |
+10.86% |
| 1986-03-31 | GBX135.40 Million ≈ $16.47K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to SSE 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 6472.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX8.90 Billion | 70.27% |
| Common Stock | GBX607.70 Million | 4.80% |
| Other Comprehensive Income | GBX418.60 Million | 3.31% |
| Other Components | GBX2.74 Billion | 21.63% |
| Total Equity | GBX12.66 Billion | 100.00% |
SSE PLC Competitors by Market Cap
The table below lists competitors of SSE PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiayuan Science and Technology Co.Ltd.
SHE:301117
|
$356.97 Million |
|
Karbon Capital Partners Corp. Class A Ordinary Shares
NASDAQ:KBON
|
$357.09 Million |
|
Ãlgerðin Egill SkallagrÃmsson hf.
IC:OLGERD
|
$357.19 Million |
|
CJ Corp 4P Pref
KO:00104K
|
$357.20 Million |
|
CODERE ONLINE LUX. EO 1
F:J9T
|
$356.94 Million |
|
Metrodata Electronics Tbk
JK:MTDL
|
$356.81 Million |
|
Energy Recovery Inc
NASDAQ:ERII
|
$356.80 Million |
|
Diplomat Holdings Ltd
TA:DIPL
|
$356.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SSE PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 12,064,000,000 to 12,663,900,000, a change of 599,900,000 (5.0%).
- Net income of 1,208,700,000 contributed positively to equity growth.
- Dividend payments of 674,000,000 reduced retained earnings.
- Share repurchases of 25,400,000 reduced equity.
- New share issuances of 1,995,800,000 increased equity.
- Other comprehensive income decreased equity by 58,100,000.
- Other factors decreased equity by 1,847,100,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX1.21 Billion | +9.54% |
| Dividends Paid | GBX674.00 Million | -5.32% |
| Share Repurchases | GBX25.40 Million | -0.2% |
| Share Issuances | GBX2.00 Billion | +15.76% |
| Other Comprehensive Income | GBX-58.10 Million | -0.46% |
| Other Changes | GBX-1.85 Billion | -14.59% |
| Total Change | GBX- | 4.97% |
Book Value vs Market Value Analysis
This analysis compares SSE 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: 220.31x
- 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 15373.33x to 220.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-03-31 | GBX0.16 | GBX2432.00 | x |
| 1987-03-31 | GBX0.18 | GBX2432.00 | x |
| 1988-03-31 | GBX0.19 | GBX2432.00 | x |
| 1989-03-31 | GBX0.14 | GBX2432.00 | x |
| 1990-03-31 | GBX0.20 | GBX2432.00 | x |
| 1991-03-31 | GBX0.26 | GBX2432.00 | x |
| 1992-03-31 | GBX0.68 | GBX2432.00 | x |
| 1993-03-31 | GBX0.75 | GBX2432.00 | x |
| 1994-03-31 | GBX0.83 | GBX2432.00 | x |
| 1995-03-31 | GBX0.91 | GBX2432.00 | x |
| 1996-03-31 | GBX1.01 | GBX2432.00 | x |
| 1997-03-31 | GBX1.03 | GBX2432.00 | x |
| 1998-03-31 | GBX1.10 | GBX2432.00 | x |
| 1999-03-31 | GBX1.80 | GBX2432.00 | x |
| 2000-03-31 | GBX1.91 | GBX2432.00 | x |
| 2001-03-31 | GBX1.93 | GBX2432.00 | x |
| 2002-03-31 | GBX1.99 | GBX2432.00 | x |
| 2003-03-31 | GBX1.72 | GBX2432.00 | x |
| 2004-03-31 | GBX2.01 | GBX2432.00 | x |
| 2005-03-31 | GBX2.13 | GBX2432.00 | x |
| 2006-03-31 | GBX2.44 | GBX2432.00 | x |
| 2007-03-31 | GBX2.95 | GBX2432.00 | x |
| 2008-03-31 | GBX3.39 | GBX2432.00 | x |
| 2009-03-31 | GBX3.36 | GBX2432.00 | x |
| 2010-03-31 | GBX3.39 | GBX2432.00 | x |
| 2011-03-31 | GBX5.60 | GBX2432.00 | x |
| 2012-03-31 | GBX4.88 | GBX2432.00 | x |
| 2013-03-31 | GBX5.82 | GBX2432.00 | x |
| 2014-03-31 | GBX5.27 | GBX2432.00 | x |
| 2014-12-31 | GBX72.97 | GBX2432.00 | x |
| 2015-03-31 | GBX6.18 | GBX2432.00 | x |
| 2015-12-31 | GBX76.41 | GBX2432.00 | x |
| 2016-03-31 | GBX5.19 | GBX2432.00 | x |
| 2016-12-31 | GBX75.96 | GBX2432.00 | x |
| 2017-03-31 | GBX6.20 | GBX2432.00 | x |
| 2017-12-31 | GBX76.54 | GBX2432.00 | x |
| 2018-03-31 | GBX5.17 | GBX2432.00 | x |
| 2019-03-31 | GBX5.67 | GBX2432.00 | x |
| 2020-03-31 | GBX3.63 | GBX2432.00 | x |
| 2021-03-31 | GBX5.00 | GBX2432.00 | x |
| 2022-03-31 | GBX7.64 | GBX2432.00 | x |
| 2023-03-31 | GBX7.98 | GBX2432.00 | x |
| 2024-03-31 | GBX10.12 | GBX2432.00 | x |
| 2025-03-31 | GBX10.96 | GBX2432.00 | x |
| 2026-03-31 | GBX11.04 | GBX2432.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SSE 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): 9.54%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.87%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 2.79x
- Recent ROE (9.54%) is below the historical average (17.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 17.13% | 7.38% | 0.40x | 5.75x | GBX9.66 Million |
| 1987 | 14.99% | 6.98% | 0.40x | 5.36x | GBX7.49 Million |
| 1988 | 9.55% | 4.62% | 0.41x | 5.08x | GBX-720.00K |
| 1989 | -30.06% | -10.51% | 0.41x | 6.89x | GBX-48.51 Million |
| 1990 | 29.73% | 11.19% | 0.49x | 5.38x | GBX33.25 Million |
| 1991 | 21.81% | 8.58% | 0.55x | 4.64x | GBX26.43 Million |
| 1992 | 16.69% | 14.49% | 0.59x | 1.96x | GBX38.87 Million |
| 1993 | 16.55% | 14.74% | 0.64x | 1.76x | GBX41.86 Million |
| 1994 | 17.07% | 15.36% | 0.66x | 1.67x | GBX50.42 Million |
| 1995 | 15.27% | 14.27% | 0.65x | 1.66x | GBX41.06 Million |
| 1996 | 17.15% | 16.73% | 0.57x | 1.79x | GBX61.93 Million |
| 1997 | 18.63% | 17.26% | 0.52x | 2.07x | GBX76.04 Million |
| 1998 | 13.88% | 12.65% | 0.52x | 2.09x | GBX36.62 Million |
| 1999 | 13.09% | 7.34% | 0.73x | 2.46x | GBX48.65 Million |
| 2000 | 24.81% | 13.54% | 0.73x | 2.53x | GBX246.43 Million |
| 2001 | 24.57% | 11.35% | 0.75x | 2.89x | GBX241.38 Million |
| 2002 | 25.30% | 10.77% | 0.85x | 2.78x | GBX260.99 Million |
| 2003 | 30.11% | 10.98% | 0.83x | 3.31x | GBX298.00 Million |
| 2004 | 25.91% | 8.74% | 0.95x | 3.14x | GBX275.06 Million |
| 2005 | 30.06% | 7.54% | 1.12x | 3.56x | GBX373.63 Million |
| 2006 | 29.94% | 6.33% | 1.24x | 3.81x | GBX427.76 Million |
| 2007 | 31.99% | 7.00% | 1.25x | 3.65x | GBX570.91 Million |
| 2008 | 29.29% | 5.72% | 1.11x | 4.62x | GBX574.90 Million |
| 2009 | 3.77% | 0.44% | 1.43x | 5.97x | GBX-185.42 Million |
| 2010 | 39.53% | 5.73% | 1.19x | 5.80x | GBX922.82 Million |
| 2011 | 28.93% | 5.31% | 1.32x | 4.12x | GBX984.42 Million |
| 2012 | 4.31% | 0.62% | 1.61x | 4.29x | GBX-260.61 Million |
| 2013 | 7.68% | 1.50% | 1.37x | 3.71x | GBX-128.99 Million |
| 2014 | 6.31% | 1.06% | 1.45x | 4.13x | GBX-188.85 Million |
| 2015 | 8.93% | 1.72% | 1.36x | 3.83x | GBX-64.95 Million |
| 2016 | 8.87% | 1.60% | 1.30x | 4.27x | GBX-58.85 Million |
| 2017 | 25.50% | 5.51% | 1.21x | 3.81x | GBX972.25 Million |
| 2018 | 12.42% | 2.38% | 1.17x | 4.44x | GBX126.48 Million |
| 2019 | 24.33% | 19.30% | 0.32x | 3.88x | GBX829.87 Million |
| 2020 | 4.48% | 2.47% | 0.32x | 5.61x | GBX-207.14 Million |
| 2021 | 43.70% | 33.34% | 0.32x | 4.15x | GBX1.76 Billion |
| 2022 | 37.47% | 34.80% | 0.34x | 3.19x | GBX2.22 Billion |
| 2023 | -1.84% | -1.26% | 0.46x | 3.16x | GBX-1.02 Billion |
| 2024 | 15.48% | 16.36% | 0.37x | 2.56x | GBX605.18 Million |
| 2025 | 9.86% | 11.74% | 0.33x | 2.52x | GBX-17.00 Million |
| 2026 | 9.54% | 11.87% | 0.29x | 2.79x | GBX-57.69 Million |
Industry Comparison
This section compares SSE PLC's net assets metrics with peer companies in the Utilities - Diversified industry.
Industry Context
- Industry: Utilities - Diversified
- Average net assets among peers: $434,744,192
- Average return on equity (ROE) among peers: 29.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SSE PLC (SSE) | GBX13.42 Billion | 17.13% | 1.64x | $356.95 Million |
| Metlen Energy & Metals PLC (MTLN) | $1.23 Billion | 3.86% | 1.36x | $6.76 Billion |
| Telecom Plus PLC (TEP) | $62.81 Million | 37.34% | 1.23x | $7.90 Million |
| Yu Group PLC (YU) | $9.29 Million | 47.94% | 5.42x | $3.76 Million |
About SSE PLC
SSE plc engages in the generation, transmission, distribution, and supply of electricity. The company distributes electricity to approximately 4 million homes and businesses in southern central England and the north of Scotland; and owns, develops, and operates the high voltage electricity transmission system in the north of Scotland and other areas. Its diversified portfolio includes onshore and… Read more