ADTRAN Inc (ADTN) - Net Assets
Based on the latest financial reports, ADTRAN Inc (ADTN) has net assets worth $506.54 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 ($1.19 Billion) and total liabilities ($678.52 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. Check financial resilience of ADTRAN Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $506.54 Million |
| % of Total Assets | 42.74% |
| Annual Growth Rate | 9.34% |
| 5-Year Change | 45.38% |
| 10-Year Change | 8.27% |
| Growth Volatility | 58.74 |
ADTRAN Inc - Net Assets Trend (1993–2025)
This chart illustrates how ADTRAN Inc's net assets have evolved over time, based on quarterly financial data. Also explore how large is ADTRAN Inc's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for ADTRAN Inc (1993–2025)
The table below shows the annual net assets of ADTRAN Inc from 1993 to 2025. For live valuation and market cap data, see how much is ADTRAN Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $519.16 Million | -5.59% |
| 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 2793.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $802.00K | 0.55% |
| Other Comprehensive Income | $78.88 Million | 54.09% |
| Other Components | $796.16 Million | 545.95% |
| Total Equity | $145.83 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 |
|---|---|
|
OC Oerlikon Corp AG
SW:OERL
|
$1.30 Billion |
|
Compagnie des Alpes S.A.
PA:CDA
|
$1.30 Billion |
|
Zhejiang Hisoar Pharmaceutical Co Ltd
SHE:002099
|
$1.30 Billion |
|
Jiangsu Gian Technology Co Ltd
SHE:300709
|
$1.30 Billion |
|
Innovita Biological Technology Co. Ltd. A
SHG:688253
|
$1.30 Billion |
|
Vizsla Silver Corp.
TO:VZLA
|
$1.30 Billion |
|
Yihai International Holding Ltd
F:YIR
|
$1.30 Billion |
|
ArriVent BioPharma, Inc. Common Stock
NASDAQ:AVBP
|
$1.30 Billion |
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 2024 to 2025, total equity changed from 126,951,000 to 145,830,000, a change of 18,879,000 (14.9%).
- Net loss of 45,656,000 reduced equity.
- Other comprehensive income increased equity by 67,623,000.
- Other factors decreased equity by 3,088,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-45.66 Million | -31.31% |
| Other Comprehensive Income | $67.62 Million | +46.37% |
| Other Changes | $-3.09 Million | -2.12% |
| Total Change | $- | 14.87% |
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: 9.02x
- 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 145.77x to 9.02x 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 | $16.49 | x |
| 1994-12-31 | $0.29 | $16.49 | x |
| 1995-12-31 | $0.83 | $16.49 | x |
| 1996-12-31 | $1.09 | $16.49 | x |
| 1997-12-31 | $1.34 | $16.49 | x |
| 1998-12-31 | $1.49 | $16.49 | x |
| 1999-12-31 | $5.15 | $16.49 | x |
| 2000-12-31 | $5.47 | $16.49 | x |
| 2001-12-31 | $5.66 | $16.49 | x |
| 2002-12-31 | $5.69 | $16.49 | x |
| 2003-12-31 | $6.12 | $16.49 | x |
| 2004-12-31 | $5.76 | $16.49 | x |
| 2005-12-31 | $6.95 | $16.49 | x |
| 2006-12-31 | $5.80 | $16.49 | x |
| 2007-12-31 | $5.47 | $16.49 | x |
| 2008-12-31 | $5.83 | $16.49 | x |
| 2009-12-31 | $7.14 | $16.49 | x |
| 2010-12-31 | $8.96 | $16.49 | x |
| 2011-12-31 | $10.58 | $16.49 | x |
| 2012-12-31 | $10.86 | $16.49 | x |
| 2013-12-31 | $10.17 | $16.49 | x |
| 2014-12-31 | $9.90 | $16.49 | x |
| 2015-12-31 | $9.37 | $16.49 | x |
| 2016-12-31 | $9.80 | $16.49 | x |
| 2017-12-31 | $10.23 | $16.49 | x |
| 2018-12-31 | $9.32 | $16.49 | x |
| 2019-12-31 | $7.95 | $16.49 | x |
| 2020-12-31 | $7.72 | $16.49 | x |
| 2021-12-31 | $7.35 | $16.49 | x |
| 2022-12-31 | $15.62 | $16.49 | x |
| 2023-12-31 | $7.72 | $16.49 | x |
| 2024-12-31 | $1.61 | $16.49 | x |
| 2025-12-31 | $1.83 | $16.49 | 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): -31.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.21%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 8.26x
- Recent ROE (-31.31%) is below the historical average (-1.62%), 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 |
| 2025 | -31.31% | -4.21% | 0.90x | 8.26x | $-60.24 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: $163,463,045
- Average return on equity (ROE) among peers: -39.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ADTRAN Inc (ADTN) | $506.54 Million | 44.63% | 1.34x | $1.30 Billion |
| Applied Opt (AAOI) | $20.68 Million | -25.77% | 1.60x | $2.97 Billion |
| Airgain Inc (AIRG) | $45.15 Million | -5.72% | 0.17x | $58.36 Million |
| Akoustis Technologies, Inc. (AKTSQ) | $86.24 Million | -73.70% | 0.73x | $138.60K |
| Amplitech Group Inc (AMPG) | $556.32K | 82.02% | 0.41x | $75.54 Million |
| Actelis Networks Inc. (ASNS) | $3.27 Million | -336.36% | 3.54x | $684.96K |
| Ast Spacemobile Inc (ASTS) | $207.56 Million | -5.24% | 0.12x | $22.55 Billion |
| Aviat Networks Inc (AVNW) | $255.88 Million | 4.21% | 1.09x | $204.57 Million |
| Belden Inc (BDC) | $819.24 Million | 1.85% | 0.70x | $4.29 Billion |
| BK Technologies Inc (BKTI) | $32.60 Million | 3.37% | 0.76x | $310.35 Million |
About 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; routers, and switches; edge c… Read more