International Consolidated Airlines Group S.A (IAG) - Net Assets
Based on the latest financial reports, International Consolidated Airlines Group S.A (IAG) has net assets worth €7.61 Billion EUR as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€42.92 Billion) and total liabilities (€35.31 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €7.61 Billion |
| % of Total Assets | 17.72% |
| Annual Growth Rate | 3.48% |
| 5-Year Change | 799.02% |
| 10-Year Change | 34.28% |
| Growth Volatility | 51.68 |
International Consolidated Airlines Group S.A - Net Assets Trend (2003–2025)
This chart illustrates how International Consolidated Airlines Group S.A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for International Consolidated Airlines Group S.A (2003–2025)
The table below shows the annual net assets of International Consolidated Airlines Group S.A from 2003 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €7.61 Billion | +23.15% |
| 2024-12-31 | €6.18 Billion | +88.41% |
| 2023-12-31 | €3.28 Billion | +62.12% |
| 2022-12-31 | €2.02 Billion | +139.01% |
| 2021-12-31 | €846.00 Million | -35.71% |
| 2020-12-31 | €1.32 Billion | -80.73% |
| 2019-12-31 | €6.83 Billion | +1.62% |
| 2018-12-31 | €6.72 Billion | -9.14% |
| 2017-12-31 | €7.40 Billion | +30.58% |
| 2016-12-31 | €5.66 Billion | +2.35% |
| 2015-12-31 | €5.53 Billion | +45.90% |
| 2014-12-31 | €3.79 Billion | -10.03% |
| 2013-12-31 | €4.22 Billion | -16.60% |
| 2012-12-31 | €5.05 Billion | -11.10% |
| 2011-12-31 | €5.69 Billion | +101.27% |
| 2010-12-31 | €2.83 Billion | +41.75% |
| 2008-12-31 | €1.99 Billion | -51.29% |
| 2007-12-31 | €4.09 Billion | +15.18% |
| 2006-12-31 | €3.55 Billion | +19.50% |
| 2005-12-31 | €2.97 Billion | +46.36% |
| 2004-12-31 | €2.03 Billion | -43.34% |
| 2003-12-31 | €3.58 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to International Consolidated Airlines Group S.A'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 decreased by 60.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €529.82 Million | 6.97% |
| Common Stock | €473.73 Million | 6.23% |
| Other Comprehensive Income | €255.39 Million | 3.36% |
| Other Components | €6.34 Billion | 83.43% |
| Total Equity | €7.60 Billion | 100.00% |
International Consolidated Airlines Group S.A Competitors by Market Cap
The table below lists competitors of International Consolidated Airlines Group S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MTU Aero Engines AG
XETRA:MTX
|
$20.17 Billion |
|
Tbea Co Ltd
SHG:600089
|
$20.20 Billion |
|
Liberty Media Corporation Series C Liberty Formula One Common Stock
NASDAQ:FWONK
|
$20.23 Billion |
|
CIMB Group Holdings Bhd
KLSE:1023
|
$20.25 Billion |
|
Korea Shipbuilding & Offshore Engineering Co Ltd
KO:009540
|
$20.10 Billion |
|
Bank of Nanjing Co Ltd
SHG:601009
|
$20.10 Billion |
|
CH Robinson Worldwide Inc
NASDAQ:CHRW
|
$20.09 Billion |
|
Hengtong Optic Electric Co Ltd
SHG:600487
|
$20.09 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in International Consolidated Airlines Group S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,170,000,000 to 7,599,741,000, a change of 1,429,741,000 (23.2%).
- Net income of 3,282,722,000 contributed positively to equity growth.
- Dividend payments of 462,645,747 reduced retained earnings.
- Share repurchases of 1,243,000,000 reduced equity.
- Other comprehensive income increased equity by 1,943,394,558.
- Other factors decreased equity by 2,090,729,811.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €3.28 Billion | +43.2% |
| Dividends Paid | €462.65 Million | -6.09% |
| Share Repurchases | €1.24 Billion | -16.36% |
| Other Comprehensive Income | €1.94 Billion | +25.57% |
| Other Changes | €-2.09 Billion | -27.51% |
| Total Change | €- | 23.17% |
Book Value vs Market Value Analysis
This analysis compares International Consolidated Airlines Group S.A'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: 3.12x
- 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 increased from 2.32x to 3.12x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | €2.03 | €4.71 | x |
| 2004-12-31 | €1.01 | €4.71 | x |
| 2005-12-31 | €1.55 | €4.71 | x |
| 2006-12-31 | €1.88 | €4.71 | x |
| 2007-12-31 | €2.20 | €4.71 | x |
| 2008-12-31 | €1.02 | €4.71 | x |
| 2010-12-31 | €1.40 | €4.71 | x |
| 2011-12-31 | €2.69 | €4.71 | x |
| 2012-12-31 | €2.30 | €4.71 | x |
| 2013-12-31 | €2.01 | €4.71 | x |
| 2014-12-31 | €1.61 | €4.71 | x |
| 2015-12-31 | €2.42 | €4.71 | x |
| 2016-12-31 | €2.42 | €4.71 | x |
| 2017-12-31 | €3.25 | €4.71 | x |
| 2018-12-31 | €3.18 | €4.71 | x |
| 2019-12-31 | €3.30 | €4.71 | x |
| 2020-12-31 | €0.37 | €4.71 | x |
| 2021-12-31 | €0.17 | €4.71 | x |
| 2022-12-31 | €0.38 | €4.71 | x |
| 2023-12-31 | €0.62 | €4.71 | x |
| 2024-12-31 | €1.17 | €4.71 | x |
| 2025-12-31 | €1.51 | €4.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently International Consolidated Airlines Group S.A 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): 43.20%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.06%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 5.65x
- Recent ROE (43.20%) is above the historical average (-18.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 5.94% | 1.72% | 0.62x | 5.53x | €-132.65 Million |
| 2004 | 31.81% | 4.85% | 0.67x | 9.85x | €375.84 Million |
| 2005 | 24.23% | 5.49% | 0.67x | 6.54x | €379.69 Million |
| 2006 | 19.18% | 4.99% | 0.75x | 5.15x | €298.96 Million |
| 2007 | 23.25% | 8.16% | 0.77x | 3.69x | €508.99 Million |
| 2008 | -22.78% | -4.17% | 0.86x | 6.37x | €-582.54 Million |
| 2010 | 7.80% | 2.50% | 0.61x | 5.11x | €-55.50 Million |
| 2011 | 10.43% | 3.49% | 0.82x | 3.67x | €23.40 Million |
| 2012 | -15.06% | -3.95% | 0.91x | 4.17x | €-1.19 Billion |
| 2013 | 3.12% | 0.66% | 0.89x | 5.32x | €-268.90 Million |
| 2014 | 28.18% | 4.87% | 0.85x | 6.79x | €633.50 Million |
| 2015 | 28.61% | 6.54% | 0.81x | 5.40x | €972.40 Million |
| 2016 | 36.05% | 8.56% | 0.82x | 5.11x | €1.40 Billion |
| 2017 | 28.06% | 8.69% | 0.84x | 3.85x | €1.28 Billion |
| 2018 | 42.97% | 11.89% | 0.87x | 4.18x | €2.21 Billion |
| 2019 | 25.14% | 6.72% | 0.72x | 5.23x | €1.03 Billion |
| 2020 | -529.39% | -88.84% | 0.26x | 23.10x | €-7.07 Billion |
| 2021 | -349.17% | -34.69% | 0.25x | 40.96x | €-3.02 Billion |
| 2022 | 21.38% | 1.87% | 0.59x | 19.50x | €229.40 Million |
| 2023 | 81.14% | 9.01% | 0.78x | 11.52x | €2.33 Billion |
| 2024 | 44.28% | 8.51% | 0.73x | 7.10x | €2.12 Billion |
| 2025 | 43.20% | 10.06% | 0.76x | 5.65x | €2.52 Billion |
Industry Comparison
This section compares International Consolidated Airlines Group S.A's net assets metrics with peer companies in the Airlines industry.
No peer company data available for comparison.
About International Consolidated Airlines Group S.A
International Consolidated Airlines Group S.A., together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the North Atlantic, Latin America, the Caribbean, Europe, Africa, the Middle East, South Asia, the Asia Pacific, and internationally. It operates through British Airways, Iberia, Vueling, Aer Lingus, and IAG Loyalty segments. The company manufa… Read more