Whitbread PLC (WTB) - Net Assets
Based on the latest financial reports, Whitbread PLC (WTB) has net assets worth GBX3.19 Billion GBX (≈ $388.43K USD) as of August 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX10.03 Billion ≈ $1.22 Million USD) and total liabilities (GBX6.83 Billion ≈ $831.34K 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. Also explore Whitbread PLC (WTB) total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX3.19 Billion |
| % of Total Assets | 31.84% |
| Annual Growth Rate | 2.88% |
| 5-Year Change | -19.05% |
| 10-Year Change | 18.98% |
| Growth Volatility | 22.52 |
Whitbread PLC - Net Assets Trend (1986–2025)
This chart illustrates how Whitbread PLC's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see WTB stock market capitalisation.
Annual Net Assets for Whitbread PLC (1986–2025)
The table below shows the annual net assets of Whitbread PLC from 1986 to 2025. Explore cash efficiency ratio of Whitbread PLC to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2025-02-28 | GBX3.33 Billion ≈ $405.71K |
-5.25% |
| 2024-02-29 | GBX3.52 Billion ≈ $428.21K |
0.00% |
| 2024-02-28 | GBX3.52 Billion ≈ $428.21K |
-14.40% |
| 2023-02-28 | GBX4.11 Billion ≈ $500.24K |
-0.18% |
| 2022-02-28 | GBX4.12 Billion ≈ $501.16K |
+7.43% |
| 2021-02-28 | GBX3.83 Billion ≈ $466.50K |
+2.28% |
| 2020-02-29 | GBX3.75 Billion ≈ $456.12K |
0.00% |
| 2020-02-28 | GBX3.75 Billion ≈ $456.12K |
-33.68% |
| 2019-02-28 | GBX5.65 Billion ≈ $687.77K |
+101.70% |
| 2018-02-28 | GBX2.80 Billion ≈ $340.98K |
+11.00% |
| 2017-02-28 | GBX2.52 Billion ≈ $307.20K |
+4.99% |
| 2016-02-29 | GBX2.40 Billion ≈ $292.58K |
0.00% |
| 2016-02-28 | GBX2.40 Billion ≈ $292.58K |
+21.58% |
| 2015-02-28 | GBX1.98 Billion ≈ $240.65K |
+10.93% |
| 2014-02-28 | GBX1.78 Billion ≈ $216.94K |
+15.38% |
| 2013-02-28 | GBX1.55 Billion ≈ $188.02K |
+20.43% |
| 2012-02-29 | GBX1.28 Billion ≈ $156.13K |
0.00% |
| 2012-02-28 | GBX1.28 Billion ≈ $156.13K |
+3.32% |
| 2011-02-28 | GBX1.24 Billion ≈ $151.12K |
+12.09% |
| 2010-02-28 | GBX1.11 Billion ≈ $134.81K |
-1.82% |
| 2009-02-28 | GBX1.13 Billion ≈ $137.31K |
-14.33% |
| 2008-02-29 | GBX1.32 Billion ≈ $160.27K |
0.00% |
| 2008-02-28 | GBX1.32 Billion ≈ $160.27K |
+24.37% |
| 2007-02-28 | GBX1.06 Billion ≈ $128.86K |
-31.52% |
| 2006-02-28 | GBX1.55 Billion ≈ $188.16K |
-14.84% |
| 2005-02-28 | GBX1.82 Billion ≈ $220.97K |
-13.45% |
| 2004-02-29 | GBX2.10 Billion ≈ $255.31K |
0.00% |
| 2004-02-28 | GBX2.10 Billion ≈ $255.31K |
+5.42% |
| 2003-02-28 | GBX1.99 Billion ≈ $242.20K |
+5.41% |
| 2002-02-28 | GBX1.89 Billion ≈ $229.78K |
-24.25% |
| 2001-02-28 | GBX2.49 Billion ≈ $303.33K |
-1.91% |
| 2000-02-29 | GBX2.54 Billion ≈ $309.24K |
0.00% |
| 2000-02-28 | GBX2.54 Billion ≈ $309.24K |
+1.86% |
| 1999-02-28 | GBX2.50 Billion ≈ $303.61K |
+0.65% |
| 1998-02-28 | GBX2.48 Billion ≈ $301.66K |
+9.49% |
| 1997-02-28 | GBX2.26 Billion ≈ $275.52K |
+0.32% |
| 1996-02-29 | GBX2.26 Billion ≈ $274.64K |
0.00% |
| 1996-02-28 | GBX2.26 Billion ≈ $274.64K |
-0.93% |
| 1995-02-28 | GBX2.28 Billion ≈ $277.23K |
+3.33% |
| 1994-02-28 | GBX2.21 Billion ≈ $268.28K |
+6.41% |
| 1993-02-28 | GBX2.07 Billion ≈ $252.13K |
-20.27% |
| 1992-02-29 | GBX2.60 Billion ≈ $316.24K |
0.00% |
| 1992-02-28 | GBX2.60 Billion ≈ $316.24K |
-2.30% |
| 1991-02-28 | GBX2.66 Billion ≈ $323.68K |
+1.60% |
| 1990-02-28 | GBX2.62 Billion ≈ $318.60K |
+18.78% |
| 1989-02-28 | GBX2.20 Billion ≈ $268.22K |
+92.62% |
| 1988-02-29 | GBX1.14 Billion ≈ $139.25K |
0.00% |
| 1988-02-28 | GBX1.14 Billion ≈ $139.25K |
-3.29% |
| 1987-02-28 | GBX1.18 Billion ≈ $143.99K |
+7.24% |
| 1986-02-28 | GBX1.10 Billion ≈ $134.26K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Whitbread 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 442.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (February 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX4.44 Billion | 133.08% |
| Common Stock | GBX145.20 Million | 4.35% |
| Total Equity | GBX3.33 Billion | 100.00% |
Whitbread PLC Competitors by Market Cap
The table below lists competitors of Whitbread PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Liberty Shoes Limited
NSE:LIBERTSHOE
|
$46.64 Million |
|
Homeritz Corporation Bhd
KLSE:5160
|
$46.66 Million |
|
HYUNDAI BIOLAND Co.Ltd
KQ:052260
|
$46.66 Million |
|
SCD Co. Ltd
KQ:042110
|
$46.68 Million |
|
Yesco Holdings Co. Ltd
KO:015360
|
$46.62 Million |
|
SGA Solutions Co.Ltd
KQ:184230
|
$46.60 Million |
|
CZR Resources Ltd
AU:CZR
|
$46.59 Million |
|
Rapala VMC Oyj
HE:RAP1V
|
$46.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Whitbread PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,519,400,000 to 3,334,500,000, a change of -184,900,000 (-5.3%).
- Net income of 253,700,000 contributed positively to equity growth.
- Dividend payments of 178,100,000 reduced retained earnings.
- Share repurchases of 264,300,000 reduced equity.
- New share issuances of 7,100,000 increased equity.
- Other comprehensive income increased equity by 1,771,400,000.
- Other factors decreased equity by 1,774,700,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX253.70 Million | +7.61% |
| Dividends Paid | GBX178.10 Million | -5.34% |
| Share Repurchases | GBX264.30 Million | -7.93% |
| Share Issuances | GBX7.10 Million | +0.21% |
| Other Comprehensive Income | GBX1.77 Billion | +53.12% |
| Other Changes | GBX-1.77 Billion | -53.22% |
| Total Change | GBX- | -5.25% |
Book Value vs Market Value Analysis
This analysis compares Whitbread 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: 124.28x
- 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 652.41x to 124.28x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-02-28 | GBX3.52 | GBX2296.00 | x |
| 1987-02-28 | GBX3.71 | GBX2296.00 | x |
| 1988-02-28 | GBX3.39 | GBX2296.00 | x |
| 1988-02-29 | GBX3.39 | GBX2296.00 | x |
| 1989-02-28 | GBX6.12 | GBX2296.00 | x |
| 1990-02-28 | GBX7.18 | GBX2296.00 | x |
| 1991-02-28 | GBX7.23 | GBX2296.00 | x |
| 1992-02-28 | GBX7.15 | GBX2296.00 | x |
| 1992-02-29 | GBX7.15 | GBX2296.00 | x |
| 1993-02-28 | GBX5.36 | GBX2296.00 | x |
| 1994-02-28 | GBX6.10 | GBX2296.00 | x |
| 1995-02-28 | GBX6.24 | GBX2296.00 | x |
| 1996-02-28 | GBX6.15 | GBX2296.00 | x |
| 1996-02-29 | GBX6.15 | GBX2296.00 | x |
| 1997-02-28 | GBX6.13 | GBX2296.00 | x |
| 1998-02-28 | GBX6.59 | GBX2296.00 | x |
| 1999-02-28 | GBX6.59 | GBX2296.00 | x |
| 2000-02-28 | GBX6.74 | GBX2296.00 | x |
| 2000-02-29 | GBX6.74 | GBX2296.00 | x |
| 2001-02-28 | GBX6.63 | GBX2296.00 | x |
| 2002-02-28 | GBX7.51 | GBX2296.00 | x |
| 2003-02-28 | GBX8.86 | GBX2296.00 | x |
| 2004-02-28 | GBX9.29 | GBX2296.00 | x |
| 2004-02-29 | GBX9.29 | GBX2296.00 | x |
| 2005-02-28 | GBX8.00 | GBX2296.00 | x |
| 2006-02-28 | GBX6.54 | GBX2296.00 | x |
| 2007-02-28 | GBX3.95 | GBX2296.00 | x |
| 2008-02-28 | GBX5.94 | GBX2296.00 | x |
| 2008-02-29 | GBX5.94 | GBX2296.00 | x |
| 2009-02-28 | GBX5.57 | GBX2296.00 | x |
| 2010-02-28 | GBX5.44 | GBX2296.00 | x |
| 2011-02-28 | GBX6.05 | GBX2296.00 | x |
| 2012-02-28 | GBX6.20 | GBX2296.00 | x |
| 2012-02-29 | GBX6.20 | GBX2296.00 | x |
| 2013-02-28 | GBX7.36 | GBX2296.00 | x |
| 2014-02-28 | GBX8.41 | GBX2296.00 | x |
| 2015-02-28 | GBX10.81 | GBX2296.00 | x |
| 2016-02-28 | GBX13.14 | GBX2296.00 | x |
| 2016-02-29 | GBX13.14 | GBX2296.00 | x |
| 2017-02-28 | GBX13.85 | GBX2296.00 | x |
| 2018-02-28 | GBX15.30 | GBX2296.00 | x |
| 2019-02-28 | GBX30.77 | GBX2296.00 | x |
| 2020-02-28 | GBX21.43 | GBX2296.00 | x |
| 2020-02-29 | GBX21.43 | GBX2296.00 | x |
| 2021-02-28 | GBX20.38 | GBX2296.00 | x |
| 2022-02-28 | GBX20.30 | GBX2296.00 | x |
| 2023-02-28 | GBX20.27 | GBX2296.00 | x |
| 2024-02-28 | GBX18.03 | GBX2296.00 | x |
| 2024-02-29 | GBX18.03 | GBX2296.00 | x |
| 2025-02-28 | GBX18.47 | GBX2296.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Whitbread 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): 7.61%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.68%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 2.97x
- Recent ROE (7.61%) is below the historical average (11.22%), 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 | 9.14% | 6.49% | 0.86x | 1.64x | GBX-9.32 Million |
| 1987 | 9.47% | 7.06% | 0.82x | 1.64x | GBX-6.17 Million |
| 1988 | 11.91% | 7.85% | 0.83x | 1.82x | GBX21.28 Million |
| 1988 | 11.91% | 7.85% | 0.83x | 1.82x | GBX21.28 Million |
| 1989 | 7.47% | 8.77% | 0.58x | 1.46x | GBX-54.91 Million |
| 1990 | 20.71% | 25.73% | 0.60x | 1.35x | GBX272.96 Million |
| 1991 | 5.87% | 7.37% | 0.55x | 1.44x | GBX-106.84 Million |
| 1992 | 2.44% | 2.81% | 0.58x | 1.49x | GBX-190.83 Million |
| 1992 | 2.44% | 2.81% | 0.58x | 1.49x | GBX-190.83 Million |
| 1993 | 5.39% | 4.58% | 0.76x | 1.56x | GBX-91.84 Million |
| 1994 | 7.57% | 7.02% | 0.75x | 1.43x | GBX-53.29 Million |
| 1995 | 9.06% | 8.30% | 0.76x | 1.44x | GBX-21.28 Million |
| 1996 | 9.91% | 8.08% | 0.78x | 1.58x | GBX-2.05 Million |
| 1996 | 9.91% | 8.08% | 0.78x | 1.58x | GBX-2.05 Million |
| 1997 | 10.96% | 8.16% | 0.79x | 1.71x | GBX21.61 Million |
| 1998 | 12.11% | 9.34% | 0.78x | 1.67x | GBX51.95 Million |
| 1999 | 9.15% | 7.73% | 0.72x | 1.64x | GBX-21.04 Million |
| 2000 | 7.11% | 6.11% | 0.57x | 2.03x | GBX-73.23 Million |
| 2000 | 7.11% | 6.11% | 0.57x | 2.03x | GBX-73.23 Million |
| 2001 | 7.40% | 7.09% | 0.56x | 1.87x | GBX-64.77 Million |
| 2002 | -2.79% | -2.61% | 0.58x | 1.84x | GBX-240.80 Million |
| 2003 | 7.68% | 8.49% | 0.51x | 1.78x | GBX-45.99 Million |
| 2004 | 7.86% | 9.20% | 0.51x | 1.68x | GBX-44.66 Million |
| 2004 | 7.86% | 9.20% | 0.51x | 1.68x | GBX-44.66 Million |
| 2005 | 9.29% | 11.60% | 0.35x | 2.27x | GBX-12.83 Million |
| 2006 | 17.12% | 17.72% | 0.44x | 2.20x | GBX109.93 Million |
| 2007 | 26.62% | 24.01% | 0.41x | 2.69x | GBX175.92 Million |
| 2008 | 42.35% | 45.85% | 0.50x | 1.83x | GBX426.18 Million |
| 2008 | 42.35% | 45.85% | 0.50x | 1.83x | GBX426.18 Million |
| 2009 | 8.14% | 6.88% | 0.52x | 2.28x | GBX-20.98 Million |
| 2010 | 14.54% | 11.22% | 0.54x | 2.39x | GBX50.30 Million |
| 2011 | 18.01% | 13.96% | 0.57x | 2.25x | GBX99.28 Million |
| 2012 | 20.94% | 15.03% | 0.60x | 2.32x | GBX139.62 Million |
| 2012 | 20.94% | 15.03% | 0.60x | 2.32x | GBX139.62 Million |
| 2013 | 19.78% | 14.95% | 0.64x | 2.07x | GBX150.05 Million |
| 2014 | 18.49% | 14.29% | 0.69x | 1.89x | GBX150.55 Million |
| 2015 | 18.77% | 14.19% | 0.70x | 1.89x | GBX172.90 Million |
| 2016 | 16.28% | 13.39% | 0.66x | 1.83x | GBX150.94 Million |
| 2016 | 16.28% | 13.39% | 0.66x | 1.83x | GBX150.94 Million |
| 2017 | 16.68% | 13.57% | 0.66x | 1.85x | GBX168.77 Million |
| 2018 | 12.31% | 17.19% | 0.41x | 1.75x | GBX64.85 Million |
| 2019 | 3.13% | 8.63% | 0.20x | 1.78x | GBX-388.47 Million |
| 2020 | 5.81% | 10.57% | 0.26x | 2.09x | GBX-156.98 Million |
| 2020 | 5.81% | 10.57% | 0.26x | 2.09x | GBX-156.98 Million |
| 2021 | -23.64% | -153.93% | 0.07x | 2.29x | GBX-1.29 Billion |
| 2022 | 1.03% | 2.50% | 0.18x | 2.32x | GBX-369.40 Million |
| 2023 | 6.78% | 10.62% | 0.26x | 2.42x | GBX-132.34 Million |
| 2024 | 8.87% | 10.54% | 0.31x | 2.71x | GBX-39.84 Million |
| 2024 | 8.87% | 10.54% | 0.31x | 2.71x | GBX-39.84 Million |
| 2025 | 7.61% | 8.68% | 0.30x | 2.97x | GBX-79.75 Million |
Industry Comparison
This section compares Whitbread PLC's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $-269,066,812
- Average return on equity (ROE) among peers: 2.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Whitbread PLC (WTB) | GBX3.19 Billion | 9.14% | 2.14x | $46.64 Million |
| InterContinental Hotels Group PLC (IHG) | $-1.11 Billion | 0.00% | 0.00x | $21.64 Billion |
| PPHE Hotel Group Ltd (PPH) | $267.90 Million | 11.14% | 2.57x | $7.64 Million |
| Safestay PLC (SSTY) | $30.76 Million | -2.90% | 2.07x | $104.69K |
About Whitbread PLC
Whitbread plc operates hotels and restaurants in the United Kingdom, Germany, and internationally. The company operates hotels under the Premier Inn, ZIP by Premier Inn, and hub by Premier Inn brands. It also operates restaurants under the Brewers Fayre, Beefeater, Cookhouse and Pub, Bar+Block Steakhouse, Thyme, Whitebread Inns, and Table Table brands. The company was founded in 1742 and is headq… Read more