AeroVironment Inc (AVAV) - Net Assets
Based on the latest financial reports, AeroVironment Inc (AVAV) has net assets worth $4.27 Billion USD as of January 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.45 Billion) and total liabilities ($1.18 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. Check AVAV financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $4.27 Billion |
| % of Total Assets | 78.34% |
| Annual Growth Rate | 26.13% |
| 5-Year Change | 44.83% |
| 10-Year Change | 145.39% |
| Growth Volatility | 88.2 |
AeroVironment Inc - Net Assets Trend (2003–2025)
This chart illustrates how AeroVironment Inc's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of AeroVironment Inc for the complete picture of this company's asset base.
Annual Net Assets for AeroVironment Inc (2003–2025)
The table below shows the annual net assets of AeroVironment Inc from 2003 to 2025. For live valuation and market cap data, see AVAV stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | $886.51 Million | +7.75% |
| 2024-04-30 | $822.75 Million | +49.33% |
| 2023-04-30 | $550.97 Million | -9.41% |
| 2022-04-30 | $608.21 Million | -0.64% |
| 2021-04-30 | $612.11 Million | +20.04% |
| 2020-04-30 | $509.90 Million | +10.23% |
| 2019-04-30 | $462.57 Million | +13.08% |
| 2018-04-30 | $409.06 Million | +7.03% |
| 2017-04-30 | $382.19 Million | +5.79% |
| 2016-04-30 | $361.26 Million | +3.54% |
| 2015-04-30 | $348.91 Million | +1.88% |
| 2014-04-30 | $342.47 Million | +8.66% |
| 2013-04-30 | $315.19 Million | +5.34% |
| 2012-04-30 | $299.20 Million | +13.56% |
| 2011-04-30 | $263.47 Million | +12.87% |
| 2010-04-30 | $233.42 Million | +12.53% |
| 2009-04-30 | $207.43 Million | +22.20% |
| 2008-04-30 | $169.74 Million | +24.42% |
| 2007-04-30 | $136.42 Million | +297.70% |
| 2006-04-30 | $34.30 Million | +51.47% |
| 2005-04-30 | $22.65 Million | +322.28% |
| 2003-04-30 | $5.36 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to AeroVironment 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 grown by 27430600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $274.31 Million | 30.94% |
| Common Stock | $4.00K | 0.00% |
| Other Comprehensive Income | $-6.51 Million | -0.73% |
| Other Components | $618.71 Million | 69.79% |
| Total Equity | $886.51 Million | 100.00% |
AeroVironment Inc Competitors by Market Cap
The table below lists competitors of AeroVironment Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Indra A
MC:IDR
|
$9.11 Billion |
|
Vietnam Technological And Commercial Joint Stock Bank
VN:TCB
|
$9.11 Billion |
|
CubeSmart
NYSE:CUBE
|
$9.12 Billion |
|
Sprott Physical Gold and Silver Trust
TO:CEF
|
$9.12 Billion |
|
Suzhou Everbright Photonics Co. Ltd. A
SHG:688048
|
$9.08 Billion |
|
Qantas Airways Ltd
AU:QAN
|
$9.08 Billion |
|
Hella KGaA Hueck & Co
XETRA:HLE
|
$9.08 Billion |
|
Jiangsu Etern Co Ltd
SHG:600105
|
$9.07 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AeroVironment Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 822,745,000 to 886,507,000, a change of 63,762,000 (7.7%).
- Net income of 43,619,000 contributed positively to equity growth.
- Share repurchases of 1,841,000 reduced equity.
- Other comprehensive income decreased equity by 922,000.
- Other factors increased equity by 22,906,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $43.62 Million | +4.92% |
| Share Repurchases | $1.84 Million | -0.21% |
| Other Comprehensive Income | $-922.00K | -0.1% |
| Other Changes | $22.91 Million | +2.58% |
| Total Change | $- | 7.75% |
Book Value vs Market Value Analysis
This analysis compares AeroVironment 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: 5.88x
- 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 59.27x to 5.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-04-30 | $3.12 | $184.97 | x |
| 2005-04-30 | $11.27 | $184.97 | x |
| 2006-04-30 | $15.99 | $184.97 | x |
| 2007-04-30 | $8.03 | $184.97 | x |
| 2008-04-30 | $7.94 | $184.97 | x |
| 2009-04-30 | $9.53 | $184.97 | x |
| 2010-04-30 | $10.62 | $184.97 | x |
| 2011-04-30 | $11.93 | $184.97 | x |
| 2012-04-30 | $13.41 | $184.97 | x |
| 2013-04-30 | $14.08 | $184.97 | x |
| 2014-04-30 | $15.07 | $184.97 | x |
| 2015-04-30 | $15.07 | $184.97 | x |
| 2016-04-30 | $15.60 | $184.97 | x |
| 2017-04-30 | $16.40 | $184.97 | x |
| 2018-04-30 | $17.22 | $184.97 | x |
| 2019-04-30 | $19.22 | $184.97 | x |
| 2020-04-30 | $21.17 | $184.97 | x |
| 2021-04-30 | $25.12 | $184.97 | x |
| 2022-04-30 | $24.63 | $184.97 | x |
| 2023-04-30 | $22.00 | $184.97 | x |
| 2024-04-30 | $30.11 | $184.97 | x |
| 2025-04-30 | $31.47 | $184.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AeroVironment 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): 4.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.32%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.26x
- Recent ROE (4.92%) is below the historical average (8.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 10.09% | 1.18% | 3.19x | 2.68x | $4.70K |
| 2005 | 64.83% | 13.96% | 2.09x | 2.22x | $12.42 Million |
| 2006 | 33.43% | 8.19% | 2.15x | 1.90x | $8.00 Million |
| 2007 | 15.19% | 11.93% | 1.03x | 1.23x | $7.08 Million |
| 2008 | 12.60% | 9.91% | 1.06x | 1.19x | $4.41 Million |
| 2009 | 11.69% | 9.79% | 0.98x | 1.22x | $3.50 Million |
| 2010 | 8.87% | 8.30% | 0.88x | 1.21x | $-2.63 Million |
| 2011 | 9.83% | 8.86% | 0.88x | 1.26x | $-437.80K |
| 2012 | 10.18% | 9.37% | 0.88x | 1.23x | $531.20K |
| 2013 | 3.31% | 4.34% | 0.66x | 1.15x | $-21.09 Million |
| 2014 | 4.01% | 5.45% | 0.65x | 1.12x | $-20.53 Million |
| 2015 | 0.83% | 1.12% | 0.65x | 1.14x | $-32.00 Million |
| 2016 | 2.48% | 3.84% | 0.57x | 1.14x | $-27.16 Million |
| 2017 | 3.43% | 5.62% | 0.54x | 1.13x | $-25.12 Million |
| 2018 | 4.36% | 6.65% | 0.57x | 1.15x | $-23.15 Million |
| 2019 | 10.26% | 15.09% | 0.62x | 1.10x | $1.18 Million |
| 2020 | 8.06% | 11.18% | 0.63x | 1.15x | $-9.92 Million |
| 2021 | 3.81% | 5.91% | 0.43x | 1.52x | $-37.88 Million |
| 2022 | -0.69% | -0.94% | 0.49x | 1.50x | $-64.98 Million |
| 2023 | -31.98% | -32.60% | 0.66x | 1.50x | $-231.31 Million |
| 2024 | 7.25% | 8.32% | 0.71x | 1.23x | $-22.61 Million |
| 2025 | 4.92% | 5.32% | 0.73x | 1.26x | $-45.03 Million |
Industry Comparison
This section compares AeroVironment Inc's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $1,650,932,882
- Average return on equity (ROE) among peers: 5.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AeroVironment Inc (AVAV) | $4.27 Billion | 10.09% | 0.28x | $9.09 Billion |
| Archer Aviation Inc (ACHR) | $2.20 Billion | -28.06% | 0.12x | $3.99 Billion |
| AAR Corp (AIR) | $314.74 Million | 4.91% | 1.33x | $4.37 Billion |
| Air Industries Group (AIRI) | $2.28 Million | 23.68% | 14.08x | $14.96 Million |
| AIRO Group Holdings, Inc. Common Stock (AIRO) | $595.46 Million | -5.45% | 0.24x | $203.46 Million |
| Astronics Corporation (ATRO) | $14.80 Million | 18.24% | 1.02x | $2.27 Billion |
| Axon Enterprise Inc. (AXON) | $117.56 Million | -3.73% | 0.16x | $28.25 Billion |
| The Boeing Company (BA) | $8.79 Billion | 61.89% | 10.29x | $172.93 Billion |
| Beta Technologies, Inc. (BETA) | $1.82 Billion | -41.03% | 0.17x | $3.58 Billion |
| BWX Technologies Inc (BWXT) | $1.00 Billion | 22.70% | 1.83x | $19.82 Billion |
About AeroVironment Inc
AeroVironment, Inc. designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses in the United States and internationally. It operates in two segments, Autonomous Systems; and Space, Cyber and Directed Energy. The company provides uncrewed aircraft systems (UAS), which include small and medium UAS, and kinesis comma… Read more