Dentsply Sirona Inc (XRAY) - Net Assets
Based on the latest financial reports, Dentsply Sirona Inc (XRAY) has net assets worth $1.32 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.23 Billion) and total liabilities ($3.91 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 Dentsply Sirona Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.32 Billion |
| % of Total Assets | 25.22% |
| Annual Growth Rate | 18.72% |
| 5-Year Change | -73.18% |
| 10-Year Change | -83.51% |
| Growth Volatility | 71.2 |
Dentsply Sirona Inc - Net Assets Trend (1985–2025)
This chart illustrates how Dentsply Sirona Inc's net assets have evolved over time, based on quarterly financial data. See XRAY days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Dentsply Sirona Inc (1985–2025)
The table below shows the annual net assets of Dentsply Sirona Inc from 1985 to 2025. For live valuation and market cap data, see market value of Dentsply Sirona Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.34 Billion | -31.03% |
| 2024-12-31 | $1.94 Billion | -41.01% |
| 2023-12-31 | $3.29 Billion | -13.59% |
| 2022-12-31 | $3.81 Billion | -23.71% |
| 2021-12-31 | $5.00 Billion | +1.26% |
| 2020-12-31 | $4.93 Billion | -3.14% |
| 2019-12-31 | $5.09 Billion | -0.74% |
| 2018-12-31 | $5.13 Billion | -22.71% |
| 2017-12-31 | $6.64 Billion | -18.27% |
| 2016-12-31 | $8.13 Billion | +247.35% |
| 2015-12-31 | $2.34 Billion | +0.74% |
| 2014-12-31 | $2.32 Billion | -9.92% |
| 2013-12-31 | $2.58 Billion | +14.60% |
| 2012-12-31 | $2.25 Billion | +19.39% |
| 2011-12-31 | $1.88 Billion | -1.35% |
| 2010-12-31 | $1.91 Billion | +0.15% |
| 2009-12-31 | $1.91 Billion | +20.11% |
| 2008-12-31 | $1.59 Billion | +4.70% |
| 2007-12-31 | $1.52 Billion | +19.02% |
| 2006-12-31 | $1.27 Billion | +2.60% |
| 2005-12-31 | $1.24 Billion | -14.04% |
| 2004-12-31 | $1.44 Billion | +28.69% |
| 2003-12-31 | $1.12 Billion | +34.08% |
| 2002-12-31 | $837.19 Million | +37.25% |
| 2001-12-31 | $609.96 Million | +16.20% |
| 2000-12-31 | $524.93 Million | +11.36% |
| 1999-12-31 | $471.40 Million | +13.18% |
| 1998-12-31 | $416.50 Million | -2.66% |
| 1997-12-31 | $427.90 Million | +15.68% |
| 1996-12-31 | $369.90 Million | +15.85% |
| 1995-12-31 | $319.30 Million | +6.68% |
| 1994-12-31 | $299.30 Million | +26.61% |
| 1993-12-31 | $236.40 Million | +245.61% |
| 1992-12-31 | $68.40 Million | +21.06% |
| 1991-12-31 | $56.50 Million | +3.29% |
| 1990-12-31 | $54.70 Million | +140.97% |
| 1989-12-31 | $22.70 Million | +116.19% |
| 1988-12-31 | $10.50 Million | +20.69% |
| 1987-12-31 | $8.70 Million | +262.50% |
| 1986-12-31 | $2.40 Million | +71.43% |
| 1985-12-31 | $1.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dentsply Sirona 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 156360000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.00 Million | 0.22% |
| Other Comprehensive Income | $-639.00 Million | -47.69% |
| Other Components | $3.54 Billion | 264.18% |
| Total Equity | $1.34 Billion | 100.00% |
Dentsply Sirona Inc Competitors by Market Cap
The table below lists competitors of Dentsply Sirona Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Electricity Generating Public Company Limited
BK:EGCO
|
$2.01 Billion |
|
Lizhong Sitong Light Alloys Group Co Ltd
SHE:300428
|
$2.01 Billion |
|
Shenzhen Yanmade Technology Inc
SHG:688312
|
$2.01 Billion |
|
Agilysys Inc
NASDAQ:AGYS
|
$2.01 Billion |
|
Progyny Inc
NASDAQ:PGNY
|
$2.01 Billion |
|
Zai Lab Ltd
NASDAQ:ZLAB
|
$2.01 Billion |
|
MNC Studios International Tbk PT
JK:MSIN
|
$2.01 Billion |
|
Cisarua Mountain Dairy Tbk PT
JK:CMRY
|
$2.01 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dentsply Sirona Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,942,000,000 to 1,340,000,000, a change of -602,000,000 (-31.0%).
- Net loss of 598,000,000 reduced equity.
- Dividend payments of 128,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 91,000,000.
- Other factors increased equity by 33,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-598.00 Million | -44.63% |
| Dividends Paid | $128.00 Million | -9.55% |
| Other Comprehensive Income | $91.00 Million | +6.79% |
| Other Changes | $33.00 Million | +2.46% |
| Total Change | $- | -31.00% |
Book Value vs Market Value Analysis
This analysis compares Dentsply Sirona 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: 1.49x
- 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 214.82x to 1.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $0.05 | $10.03 | x |
| 1986-12-31 | $0.07 | $10.03 | x |
| 1987-12-31 | $0.29 | $10.03 | x |
| 1988-12-31 | $0.31 | $10.03 | x |
| 1989-12-31 | $0.66 | $10.03 | x |
| 1990-12-31 | $1.26 | $10.03 | x |
| 1991-12-31 | $1.07 | $10.03 | x |
| 1992-12-31 | $1.29 | $10.03 | x |
| 1993-12-31 | $1.51 | $10.03 | x |
| 1994-12-31 | $1.80 | $10.03 | x |
| 1995-12-31 | $1.95 | $10.03 | x |
| 1996-12-31 | $2.26 | $10.03 | x |
| 1997-12-31 | $2.61 | $10.03 | x |
| 1998-12-31 | $2.57 | $10.03 | x |
| 1999-12-31 | $2.95 | $10.03 | x |
| 2000-12-31 | $3.31 | $10.03 | x |
| 2001-12-31 | $3.86 | $10.03 | x |
| 2002-12-31 | $5.22 | $10.03 | x |
| 2003-12-31 | $6.96 | $10.03 | x |
| 2004-12-31 | $8.80 | $10.03 | x |
| 2005-12-31 | $7.66 | $10.03 | x |
| 2006-12-31 | $8.05 | $10.03 | x |
| 2007-12-31 | $9.80 | $10.03 | x |
| 2008-12-31 | $10.47 | $10.03 | x |
| 2009-12-31 | $12.70 | $10.03 | x |
| 2010-12-31 | $13.08 | $10.03 | x |
| 2011-12-31 | $13.13 | $10.03 | x |
| 2012-12-31 | $15.63 | $10.03 | x |
| 2013-12-31 | $17.78 | $10.03 | x |
| 2014-12-31 | $16.10 | $10.03 | x |
| 2015-12-31 | $16.42 | $10.03 | x |
| 2016-12-31 | $36.67 | $10.03 | x |
| 2017-12-31 | $28.95 | $10.03 | x |
| 2018-12-31 | $22.83 | $10.03 | x |
| 2019-12-31 | $22.70 | $10.03 | x |
| 2020-12-31 | $22.50 | $10.03 | x |
| 2021-12-31 | $22.69 | $10.03 | x |
| 2022-12-31 | $17.68 | $10.03 | x |
| 2023-12-31 | $15.53 | $10.03 | x |
| 2024-12-31 | $9.56 | $10.03 | x |
| 2025-12-31 | $6.72 | $10.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dentsply Sirona 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): -44.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.25%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 4.05x
- Recent ROE (-44.63%) is below the historical average (7.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 7.14% | 0.97% | 1.37x | 5.36x | $-40.00K |
| 1986 | 33.33% | 6.30% | 1.46x | 3.63x | $560.00K |
| 1987 | 14.94% | 8.02% | 1.29x | 1.45x | $430.00K |
| 1988 | 16.19% | 9.14% | 1.35x | 1.31x | $650.00K |
| 1989 | 10.57% | 8.16% | 0.37x | 3.48x | $130.00K |
| 1990 | 5.30% | 5.32% | 0.67x | 1.48x | $-2.57 Million |
| 1991 | 9.38% | 6.26% | 0.91x | 1.64x | $-350.00K |
| 1992 | 7.75% | 6.26% | 0.68x | 1.81x | $-1.54 Million |
| 1993 | 5.96% | 2.55% | 1.10x | 2.13x | $-9.54 Million |
| 1994 | 20.72% | 11.81% | 1.11x | 1.59x | $32.07 Million |
| 1995 | 17.09% | 9.44% | 0.96x | 1.89x | $22.41 Million |
| 1996 | 18.38% | 10.23% | 0.98x | 1.83x | $30.64 Million |
| 1997 | 17.60% | 10.35% | 0.93x | 1.83x | $32.21 Million |
| 1998 | 8.41% | 4.38% | 0.89x | 2.16x | $-6.58 Million |
| 1999 | 19.17% | 10.82% | 0.97x | 1.83x | $43.01 Million |
| 2000 | 19.41% | 11.35% | 1.03x | 1.67x | $48.98 Million |
| 2001 | 19.93% | 10.76% | 0.63x | 2.95x | $60.54 Million |
| 2002 | 17.70% | 9.77% | 0.73x | 2.50x | $64.36 Million |
| 2003 | 15.52% | 11.09% | 0.64x | 2.18x | $61.98 Million |
| 2004 | 17.53% | 14.94% | 0.61x | 1.94x | $108.77 Million |
| 2005 | 3.66% | 2.65% | 0.71x | 1.94x | $-78.76 Million |
| 2006 | 17.56% | 12.36% | 0.83x | 1.71x | $96.33 Million |
| 2007 | 17.13% | 12.92% | 0.75x | 1.76x | $108.04 Million |
| 2008 | 17.88% | 12.94% | 0.78x | 1.78x | $125.10 Million |
| 2009 | 14.38% | 12.70% | 0.70x | 1.62x | $83.56 Million |
| 2010 | 13.91% | 11.96% | 0.68x | 1.71x | $74.72 Million |
| 2011 | 12.98% | 9.64% | 0.53x | 2.52x | $56.10 Million |
| 2012 | 13.97% | 10.73% | 0.59x | 2.21x | $89.27 Million |
| 2013 | 12.15% | 10.61% | 0.58x | 1.97x | $55.39 Million |
| 2014 | 13.90% | 11.05% | 0.63x | 2.00x | $90.63 Million |
| 2015 | 10.74% | 9.39% | 0.61x | 1.88x | $17.26 Million |
| 2016 | 5.29% | 11.48% | 0.32x | 1.43x | $-382.69 Million |
| 2017 | -23.34% | -38.81% | 0.38x | 1.56x | $-2.21 Billion |
| 2018 | -19.74% | -25.36% | 0.46x | 1.70x | $-1.52 Billion |
| 2019 | 5.03% | 6.36% | 0.47x | 1.69x | $-253.30 Million |
| 2020 | -1.48% | -2.19% | 0.36x | 1.90x | $-566.20 Million |
| 2021 | 8.23% | 9.71% | 0.46x | 1.85x | $-88.60 Million |
| 2022 | -24.93% | -24.22% | 0.51x | 2.01x | $-1.33 Billion |
| 2023 | -4.01% | -3.33% | 0.54x | 2.24x | $-461.30 Million |
| 2024 | -46.86% | -23.99% | 0.66x | 2.96x | $-1.10 Billion |
| 2025 | -44.63% | -16.25% | 0.68x | 4.05x | $-732.00 Million |
Industry Comparison
This section compares Dentsply Sirona Inc's net assets metrics with peer companies in the Medical Instruments & Supplies industry.
Industry Context
- Industry: Medical Instruments & Supplies
- Average net assets among peers: $1,252,702,307
- Average return on equity (ROE) among peers: -94.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dentsply Sirona Inc (XRAY) | $1.32 Billion | 7.14% | 2.96x | $2.01 Billion |
| Akoya Biosciences Inc (AKYA) | $7.59 Million | -728.97% | 15.46x | $64.44 Million |
| Align Technology Inc (ALGN) | $-84.67 Million | 0.00% | 0.00x | $12.09 Billion |
| AngioDynamics Inc (ANGO) | $355.71 Million | 3.06% | 0.15x | $447.90 Million |
| AptarGroup Inc (ATR) | $2.71 Billion | 14.48% | 0.94x | $7.66 Billion |
| AtriCure Inc (ATRC) | $483.76 Million | 10.38% | 0.27x | $1.37 Billion |
| Avinger Inc (AVGR) | $-35.69 Million | 0.00% | 0.00x | $1.52 Million |
| Anteris Technologies Global Corp. Common Stock (AVR) | $18.90 Million | -243.53% | 0.62x | $924.75 Million |
| Avantor Inc (AVTR) | $4.86 Billion | 14.14% | 1.77x | $5.44 Billion |
| Azenta Inc (AZTA) | $121.80 Million | -15.11% | 0.16x | $1.05 Billion |
| Baxter International Inc (BAX) | $4.09 Billion | 0.98% | 1.08x | $9.94 Billion |
About Dentsply Sirona Inc
DENTSPLY SIRONA Inc. develops, manufactures, and markets dental equipment supported by cloud-enabled solutions, dental products, and healthcare consumable products in urology and enterology worldwide. It operates through four segments: Connected Technology Solutions, Essential Dental Solutions, Orthodontic and Implant Solutions, and Wellspect Healthcare. The Connected Technology Solutions segment… Read more