ADTRAN Inc
ADTRAN Holdings, Inc. provides networking and communications platforms, software, systems, and services in the United States, Germany, the United Kingdom, and internationally. It operates through two segments, Network Solutions, and Services & Support. It offers residential gateways; ethernet passive optical network ONUs; gigabit passive optical network/XGS-PON ONTs; traditional SSE, routers, and… Read more
ADTRAN Inc (ADTN) - Net Assets
Latest net assets as of September 2025: $543.67 Million USD
Based on the latest financial reports, ADTRAN Inc (ADTN) has net assets worth $543.67 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.21 Billion) and total liabilities ($665.24 Million). 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 | $543.67 Million |
| % of Total Assets | 44.97% |
| Annual Growth Rate | 9.86% |
| 5-Year Change | 47.45% |
| 10-Year Change | 14.52% |
| Growth Volatility | 59.53 |
ADTRAN Inc - Net Assets Trend (1993–2024)
This chart illustrates how ADTRAN Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ADTRAN Inc (1993–2024)
The table below shows the annual net assets of ADTRAN Inc from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $549.89 Million | -47.56% |
| 2023-12-31 | $1.05 Billion | -19.56% |
| 2022-12-31 | $1.30 Billion | +265.05% |
| 2021-12-31 | $357.10 Million | -4.25% |
| 2020-12-31 | $372.94 Million | -1.97% |
| 2019-12-31 | $380.43 Million | -14.76% |
| 2018-12-31 | $446.28 Million | -10.41% |
| 2017-12-31 | $498.15 Million | +3.89% |
| 2016-12-31 | $479.52 Million | -0.13% |
| 2015-12-31 | $480.16 Million | -12.54% |
| 2014-12-31 | $549.01 Million | -9.19% |
| 2013-12-31 | $604.61 Million | -12.68% |
| 2012-12-31 | $692.41 Million | +0.04% |
| 2011-12-31 | $692.13 Million | +20.93% |
| 2010-12-31 | $572.32 Million | +26.48% |
| 2009-12-31 | $452.51 Million | +20.41% |
| 2008-12-31 | $375.82 Million | -0.69% |
| 2007-12-31 | $378.43 Million | -13.20% |
| 2006-12-31 | $435.96 Million | -19.59% |
| 2005-12-31 | $542.17 Million | +16.19% |
| 2004-12-31 | $466.64 Million | -5.50% |
| 2003-12-31 | $493.82 Million | +13.47% |
| 2002-12-31 | $435.21 Million | -0.55% |
| 2001-12-31 | $437.63 Million | +0.70% |
| 2000-12-31 | $434.59 Million | +8.63% |
| 1999-12-31 | $400.05 Million | +72.89% |
| 1998-12-31 | $231.39 Million | +9.13% |
| 1997-12-31 | $212.04 Million | +22.65% |
| 1996-12-31 | $172.88 Million | +32.27% |
| 1995-12-31 | $130.70 Million | +53.40% |
| 1994-12-31 | $85.20 Million | +185.91% |
| 1993-12-31 | $29.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ADTRAN Inc'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 2641.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $795.00K | 0.63% |
| Other Comprehensive Income | $11.25 Million | 8.86% |
| Other Components | $803.72 Million | 633.09% |
| Total Equity | $126.95 Million | 100.00% |
ADTRAN Inc Competitors by Market Cap
The table below lists competitors of ADTRAN Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Perenti Global Limited
PINK:AUSDF
|
$785.69 Million |
|
Hunan Boyun New Materials Co Ltd
SHE:002297
|
$786.03 Million |
|
Austevoll Seafood ASA
PINK:ASTVF
|
$786.13 Million |
|
Viridien Société anonyme
F:GDG
|
$786.17 Million |
|
Draegerwerk AG & Co. KGaA Pfd.
LSE:0K5E
|
$785.53 Million |
|
Financial Street Holdings Co Ltd
SHE:000402
|
$785.44 Million |
|
Shenzhen Sunrise New Energy Co Ltd
SHE:002256
|
$785.39 Million |
|
Genco Shipping & Trading Ltd
NYSE:GNK
|
$785.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ADTRAN Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 605,257,000 to 126,951,000, a change of -478,306,000 (-79.0%).
- Net loss of 459,891,000 reduced equity.
- Share repurchases of 1,143,000 reduced equity.
- Other comprehensive income decreased equity by 36,276,000.
- Other factors increased equity by 19,004,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-459.89 Million | -362.26% |
| Share Repurchases | $1.14 Million | -0.9% |
| Other Comprehensive Income | $-36.28 Million | -28.57% |
| Other Changes | $19.00 Million | +14.97% |
| Total Change | $- | -79.03% |
Book Value vs Market Value Analysis
This analysis compares ADTRAN Inc'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: 6.71x
- 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 95.38x to 6.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $0.11 | $10.79 | x |
| 1994-12-31 | $0.29 | $10.79 | x |
| 1995-12-31 | $0.83 | $10.79 | x |
| 1996-12-31 | $1.09 | $10.79 | x |
| 1997-12-31 | $1.34 | $10.79 | x |
| 1998-12-31 | $1.49 | $10.79 | x |
| 1999-12-31 | $5.15 | $10.79 | x |
| 2000-12-31 | $5.47 | $10.79 | x |
| 2001-12-31 | $5.66 | $10.79 | x |
| 2002-12-31 | $5.69 | $10.79 | x |
| 2003-12-31 | $6.12 | $10.79 | x |
| 2004-12-31 | $5.76 | $10.79 | x |
| 2005-12-31 | $6.95 | $10.79 | x |
| 2006-12-31 | $5.80 | $10.79 | x |
| 2007-12-31 | $5.47 | $10.79 | x |
| 2008-12-31 | $5.83 | $10.79 | x |
| 2009-12-31 | $7.14 | $10.79 | x |
| 2010-12-31 | $8.96 | $10.79 | x |
| 2011-12-31 | $10.58 | $10.79 | x |
| 2012-12-31 | $10.86 | $10.79 | x |
| 2013-12-31 | $10.17 | $10.79 | x |
| 2014-12-31 | $9.90 | $10.79 | x |
| 2015-12-31 | $9.37 | $10.79 | x |
| 2016-12-31 | $9.80 | $10.79 | x |
| 2017-12-31 | $10.23 | $10.79 | x |
| 2018-12-31 | $9.32 | $10.79 | x |
| 2019-12-31 | $7.95 | $10.79 | x |
| 2020-12-31 | $7.72 | $10.79 | x |
| 2021-12-31 | $7.35 | $10.79 | x |
| 2022-12-31 | $15.62 | $10.79 | x |
| 2023-12-31 | $7.72 | $10.79 | x |
| 2024-12-31 | $1.61 | $10.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ADTRAN Inc 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): -362.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -49.84%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 9.23x
- Recent ROE (-362.26%) is below the historical average (-0.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 44.63% | 18.37% | 1.56x | 1.55x | $10.32 Million |
| 1994 | 26.77% | 18.49% | 1.31x | 1.11x | $14.29 Million |
| 1995 | 22.57% | 16.25% | 1.09x | 1.27x | $16.43 Million |
| 1996 | 23.03% | 15.92% | 1.19x | 1.22x | $22.53 Million |
| 1997 | 18.96% | 15.15% | 0.94x | 1.33x | $19.01 Million |
| 1998 | 17.42% | 14.07% | 0.95x | 1.30x | $17.17 Million |
| 1999 | 12.73% | 13.87% | 0.66x | 1.39x | $10.94 Million |
| 2000 | 27.81% | 26.09% | 0.85x | 1.26x | $77.36 Million |
| 2001 | 3.96% | 4.48% | 0.74x | 1.19x | $-26.43 Million |
| 2002 | 5.69% | 7.17% | 0.66x | 1.20x | $-18.75 Million |
| 2003 | 12.46% | 15.51% | 0.67x | 1.20x | $12.13 Million |
| 2004 | 16.10% | 16.53% | 0.81x | 1.20x | $28.48 Million |
| 2005 | 18.66% | 19.71% | 0.79x | 1.20x | $46.93 Million |
| 2006 | 17.97% | 16.57% | 0.88x | 1.24x | $34.74 Million |
| 2007 | 20.17% | 16.01% | 0.99x | 1.27x | $38.49 Million |
| 2008 | 20.91% | 15.69% | 1.06x | 1.26x | $41.00 Million |
| 2009 | 16.40% | 15.33% | 0.86x | 1.25x | $28.97 Million |
| 2010 | 19.92% | 18.82% | 0.88x | 1.21x | $56.76 Million |
| 2011 | 20.02% | 19.32% | 0.88x | 1.18x | $69.36 Million |
| 2012 | 6.83% | 7.62% | 0.70x | 1.28x | $-21.98 Million |
| 2013 | 7.57% | 7.14% | 0.81x | 1.31x | $-14.67 Million |
| 2014 | 8.13% | 7.08% | 0.85x | 1.35x | $-10.28 Million |
| 2015 | 3.88% | 3.11% | 0.95x | 1.32x | $-29.37 Million |
| 2016 | 7.35% | 5.53% | 0.95x | 1.39x | $-12.72 Million |
| 2017 | 4.78% | 3.58% | 1.00x | 1.33x | $-25.98 Million |
| 2018 | -4.33% | -3.65% | 0.84x | 1.41x | $-63.97 Million |
| 2019 | -13.93% | -10.00% | 0.97x | 1.43x | $-91.02 Million |
| 2020 | 0.64% | 0.47% | 0.96x | 1.41x | $-34.92 Million |
| 2021 | -2.42% | -1.53% | 0.99x | 1.59x | $-44.35 Million |
| 2022 | -0.21% | -0.20% | 0.53x | 2.00x | $-99.43 Million |
| 2023 | -44.23% | -23.30% | 0.69x | 2.77x | $-328.21 Million |
| 2024 | -362.26% | -49.84% | 0.79x | 9.23x | $-472.59 Million |
Industry Comparison
This section compares ADTRAN Inc's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,613,891,015
- Average return on equity (ROE) among peers: -215.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ADTRAN Inc (ADTN) | $543.67 Million | 44.63% | 1.22x | $785.61 Million |
| AAC Technologies Holdings Inc (AACAY) | $14.21 Billion | 28.32% | 0.71x | $4.55 Billion |
| Applied Opt (AAOI) | $115.01 Million | 3.72% | 0.60x | $2.97 Billion |
| Ability Inc (ABILF) | $5.00 Million | -5.60% | 13.35x | $544.32 |
| ADVA Optical Networking SE (ADVOF) | $176.06 Million | -16.73% | 0.17x | $243.68 Million |
| Airgain Inc (AIRG) | $46.22 Million | 2.47% | 0.22x | $44.70 Million |
| Aerkomm Inc (AKOM) | $24.19 Million | -98.53% | 2.63x | $805.19K |
| Akoustis Technologies, Inc. (AKTSQ) | $-57.09 Million | 0.00% | 0.00x | $135.67K |
| Amplitech Group Inc (AMPG) | $440.28K | -233.03% | 5.39x | $50.17 Million |
| Actelis Networks Inc. (ASNS) | $388.00K | -1620.10% | 27.93x | $465.34K |