Grupo Carso S.A.B. de C.V (GCARSOA1) - Net Assets
Based on the latest financial reports, Grupo Carso S.A.B. de C.V (GCARSOA1) has net assets worth MX$166.35 Billion MXN as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$266.83 Billion) and total liabilities (MX$100.47 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 | MX$166.35 Billion |
| % of Total Assets | 62.34% |
| Annual Growth Rate | 6.74% |
| 5-Year Change | 45.83% |
| 10-Year Change | 132.4% |
| Growth Volatility | 15.96 |
Grupo Carso S.A.B. de C.V - Net Assets Trend (2000–2025)
This chart illustrates how Grupo Carso S.A.B. de C.V's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Grupo Carso S.A.B. de C.V (2000–2025)
The table below shows the annual net assets of Grupo Carso S.A.B. de C.V from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | MX$166.35 Billion | +3.23% |
| 2024-12-31 | MX$161.15 Billion | +11.79% |
| 2023-12-31 | MX$144.16 Billion | +6.90% |
| 2022-12-31 | MX$134.85 Billion | +18.22% |
| 2021-12-31 | MX$114.07 Billion | +13.26% |
| 2020-12-31 | MX$100.71 Billion | +6.41% |
| 2019-12-31 | MX$94.64 Billion | +1.57% |
| 2018-12-31 | MX$93.18 Billion | +15.13% |
| 2017-12-31 | MX$80.93 Billion | +13.06% |
| 2016-12-31 | MX$71.58 Billion | +12.20% |
| 2015-12-31 | MX$63.79 Billion | +4.26% |
| 2014-12-31 | MX$61.19 Billion | +8.02% |
| 2013-12-31 | MX$56.64 Billion | +35.24% |
| 2012-12-31 | MX$41.88 Billion | -0.92% |
| 2011-12-31 | MX$42.27 Billion | +9.46% |
| 2010-12-31 | MX$38.62 Billion | -35.31% |
| 2009-12-31 | MX$59.70 Billion | +9.94% |
| 2008-12-31 | MX$54.30 Billion | -16.75% |
| 2007-12-31 | MX$65.23 Billion | +39.88% |
| 2006-12-31 | MX$46.63 Billion | +0.25% |
| 2005-12-31 | MX$46.51 Billion | +28.37% |
| 2004-12-31 | MX$36.23 Billion | +21.51% |
| 2003-12-31 | MX$29.82 Billion | +8.48% |
| 2002-12-31 | MX$27.49 Billion | +11.42% |
| 2001-12-31 | MX$24.67 Billion | -24.28% |
| 2000-12-31 | MX$32.58 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Grupo Carso S.A.B. de C.V'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 213.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | MX$131.28 Billion | 90.55% |
| Other Components | MX$13.69 Billion | 9.45% |
| Total Equity | MX$144.97 Billion | 100.00% |
Grupo Carso S.A.B. de C.V Competitors by Market Cap
The table below lists competitors of Grupo Carso S.A.B. de C.V ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Burlington Stores Inc
NYSE:BURL
|
$18.67 Billion |
|
Daiwa House Industry Co.Ltd
F:DWH
|
$18.68 Billion |
|
HEICO Corporation
NYSE:HEI-A
|
$18.69 Billion |
|
Zhejiang Century Huatong Group Co Ltd
SHE:002602
|
$18.70 Billion |
|
Fortive Corp
NYSE:FTV
|
$18.63 Billion |
|
Dongfang Electric Corp Ltd Class A
SHG:600875
|
$18.62 Billion |
|
Revolution Medicines Inc
NASDAQ:RVMD
|
$18.62 Billion |
|
Yunnan Aluminium Co Ltd
SHE:000807
|
$18.61 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grupo Carso S.A.B. de C.V's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 141,415,004,000 to 144,972,379,000, a change of 3,557,375,000 (2.5%).
- Net income of 8,026,683,000 contributed positively to equity growth.
- Dividend payments of 4,815,130,000 reduced retained earnings.
- Share repurchases of 224,854,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | MX$8.03 Billion | +5.54% |
| Dividends Paid | MX$4.82 Billion | -3.32% |
| Share Repurchases | MX$224.85 Million | -0.16% |
| Other Changes | MX$570.68 Million | +0.39% |
| Total Change | MX$- | 2.52% |
Book Value vs Market Value Analysis
This analysis compares Grupo Carso S.A.B. de C.V'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: 2.23x
- 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 4.51x to 2.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | MX$31.85 | MX$143.76 | x |
| 2018-12-31 | MX$37.11 | MX$143.76 | x |
| 2019-12-31 | MX$37.86 | MX$143.76 | x |
| 2020-12-31 | MX$40.85 | MX$143.76 | x |
| 2021-12-31 | MX$46.44 | MX$143.76 | x |
| 2022-12-31 | MX$53.75 | MX$143.76 | x |
| 2023-12-31 | MX$56.91 | MX$143.76 | x |
| 2024-12-31 | MX$62.70 | MX$143.76 | x |
| 2025-12-31 | MX$64.33 | MX$143.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grupo Carso S.A.B. de C.V 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): 5.54%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.19%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 1.84x
- Recent ROE (5.54%) is below the historical average (14.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 11.24% | 2.92% | 1.05x | 3.67x | MX$287.13 Million |
| 2001 | 12.50% | 4.84% | 0.80x | 3.25x | MX$496.98 Million |
| 2003 | 8.33% | 3.47% | 0.86x | 2.79x | MX$-395.63 Million |
| 2004 | 23.14% | 9.62% | 0.91x | 2.63x | MX$3.81 Billion |
| 2005 | 22.92% | 11.02% | 0.93x | 2.23x | MX$4.85 Billion |
| 2006 | 19.96% | 8.38% | 1.02x | 2.34x | MX$3.86 Billion |
| 2007 | 34.02% | 25.96% | 0.74x | 1.78x | MX$13.74 Billion |
| 2008 | 14.28% | 8.71% | 0.82x | 1.99x | MX$1.96 Billion |
| 2009 | 12.59% | 9.68% | 0.68x | 1.92x | MX$1.31 Billion |
| 2010 | 14.07% | 6.92% | 0.79x | 2.57x | MX$1.29 Billion |
| 2011 | 12.60% | 5.96% | 1.02x | 2.07x | MX$908.74 Million |
| 2012 | 19.72% | 9.07% | 1.10x | 1.99x | MX$3.76 Billion |
| 2013 | 28.48% | 16.22% | 1.00x | 1.76x | MX$9.04 Billion |
| 2014 | 10.75% | 6.90% | 0.90x | 1.73x | MX$396.53 Million |
| 2015 | 11.24% | 7.02% | 0.94x | 1.71x | MX$684.92 Million |
| 2016 | 15.01% | 10.47% | 0.83x | 1.73x | MX$3.18 Billion |
| 2017 | 13.81% | 11.29% | 0.75x | 1.64x | MX$2.77 Billion |
| 2018 | 10.64% | 9.87% | 0.66x | 1.63x | MX$541.01 Million |
| 2019 | 8.74% | 7.80% | 0.64x | 1.74x | MX$-1.08 Billion |
| 2020 | 6.18% | 6.38% | 0.53x | 1.84x | MX$-3.53 Billion |
| 2021 | 10.74% | 9.06% | 0.67x | 1.77x | MX$780.63 Million |
| 2022 | 15.77% | 10.50% | 0.76x | 1.98x | MX$6.97 Billion |
| 2023 | 10.52% | 6.81% | 0.79x | 1.95x | MX$673.73 Million |
| 2024 | 10.22% | 7.30% | 0.70x | 1.99x | MX$315.47 Million |
| 2025 | 5.54% | 4.19% | 0.72x | 1.84x | MX$-6.47 Billion |
Industry Comparison
This section compares Grupo Carso S.A.B. de C.V's net assets metrics with peer companies in the Conglomerates industry.
No peer company data available for comparison.
About Grupo Carso S.A.B. de C.V
Grupo Carso, S.A.B. de C.V., together with its subsidiaries, operates in the commercial, industrial, infrastructure and construction, and energy sectors. It operates through Commercial and Consumer Products, Industrial and Manufacturing, Infrastructure and Construction, and Energy divisions. The Commercial and Consumer Products division operates department stores and boutiques, gift shops, restau… Read more