Aspen Insurance Holdings Limited (AHL) - Net Assets
Based on the latest financial reports, Aspen Insurance Holdings Limited (AHL) has net assets worth $3.63 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($16.31 Billion) and total liabilities ($12.68 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 AHL asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.63 Billion |
| % of Total Assets | 22.23% |
| Annual Growth Rate | 6.36% |
| 5-Year Change | 30.64% |
| 10-Year Change | -0.64% |
| Growth Volatility | 15.41 |
Aspen Insurance Holdings Limited - Net Assets Trend (2002–2025)
This chart illustrates how Aspen Insurance Holdings Limited's net assets have evolved over time, based on quarterly financial data. Also explore Aspen Insurance Holdings Limited (AHL) total assets for the complete picture of this company's asset base.
Annual Net Assets for Aspen Insurance Holdings Limited (2002–2025)
The table below shows the annual net assets of Aspen Insurance Holdings Limited from 2002 to 2025. For live valuation and market cap data, see market value of Aspen Insurance Holdings Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $3.63 Billion | +7.51% |
| 2024-12-31 | $3.37 Billion | +15.93% |
| 2023-12-31 | $2.91 Billion | +23.35% |
| 2022-12-31 | $2.36 Billion | -15.02% |
| 2021-12-31 | $2.77 Billion | -3.89% |
| 2020-12-31 | $2.89 Billion | +5.93% |
| 2019-12-31 | $2.73 Billion | +3.22% |
| 2018-12-31 | $2.64 Billion | -9.84% |
| 2017-12-31 | $2.93 Billion | -19.73% |
| 2016-12-31 | $3.65 Billion | +6.68% |
| 2015-12-31 | $3.42 Billion | +0.02% |
| 2014-12-31 | $3.42 Billion | +3.63% |
| 2013-12-31 | $3.30 Billion | -5.41% |
| 2012-12-31 | $3.49 Billion | +10.53% |
| 2011-12-31 | $3.16 Billion | -2.65% |
| 2010-12-31 | $3.24 Billion | -1.92% |
| 2009-12-31 | $3.31 Billion | +18.94% |
| 2008-12-31 | $2.78 Billion | -1.37% |
| 2007-12-31 | $2.82 Billion | +17.93% |
| 2006-12-31 | $2.39 Billion | +17.13% |
| 2005-12-31 | $2.04 Billion | +37.68% |
| 2004-12-31 | $1.48 Billion | +14.08% |
| 2003-12-31 | $1.30 Billion | +47.90% |
| 2002-12-31 | $878.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Aspen Insurance Holdings Limited'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 8011.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.32 Billion | 64.00% |
| Other Components | $1.31 Billion | 36.00% |
| Total Equity | $3.63 Billion | 100.00% |
Aspen Insurance Holdings Limited Competitors by Market Cap
The table below lists competitors of Aspen Insurance Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Forrester Research Inc
NASDAQ:FORR
|
$115.73 Million |
|
Studentbostader I Sverige AB
ST:STUDBO
|
$115.73 Million |
|
Payton Planar Magnetics Ltd
BR:PAY
|
$115.74 Million |
|
PS Tec. Co. Ltd
KQ:002230
|
$115.77 Million |
|
Eastern Co
NASDAQ:EML
|
$115.70 Million |
|
Frontier Digital Ventures Ltd
AU:FDV
|
$115.62 Million |
|
Noroo Paint
KO:090350
|
$115.61 Million |
|
Xi S And D Inc
KO:317400
|
$115.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aspen Insurance Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,371,900,000 to 3,625,100,000, a change of 253,200,000 (7.5%).
- Net income of 340,200,000 contributed positively to equity growth.
- Dividend payments of 45,500,000 reduced retained earnings.
- Other comprehensive income increased equity by 390,100,000.
- Other factors decreased equity by 431,600,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $340.20 Million | +9.38% |
| Dividends Paid | $45.50 Million | -1.26% |
| Other Comprehensive Income | $390.10 Million | +10.76% |
| Other Changes | $-431.60 Million | -11.91% |
| Total Change | $- | 7.51% |
Book Value vs Market Value Analysis
This analysis compares Aspen Insurance Holdings Limited'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: 0.03x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $15.43 | $1.26 | x |
| 2003-12-31 | $21.83 | $1.26 | x |
| 2004-12-31 | $20.83 | $1.26 | x |
| 2005-12-31 | $27.56 | $1.26 | x |
| 2006-12-31 | $24.70 | $1.26 | x |
| 2007-12-31 | $31.18 | $1.26 | x |
| 2008-12-31 | $32.27 | $1.26 | x |
| 2009-12-31 | $38.74 | $1.26 | x |
| 2010-12-31 | $40.51 | $1.26 | x |
| 2011-12-31 | $44.66 | $1.26 | x |
| 2012-12-31 | $47.34 | $1.26 | x |
| 2013-12-31 | $47.54 | $1.26 | x |
| 2014-12-31 | $51.90 | $1.26 | x |
| 2015-12-31 | $54.53 | $1.26 | x |
| 2016-12-31 | $58.95 | $1.26 | x |
| 2017-12-31 | $48.96 | $1.26 | x |
| 2018-12-31 | $44.20 | $1.26 | x |
| 2019-12-31 | $45.41 | $1.26 | x |
| 2020-12-31 | $48.10 | $1.26 | x |
| 2021-12-31 | $46.23 | $1.26 | x |
| 2022-12-31 | $39.28 | $1.26 | x |
| 2023-12-31 | $48.45 | $1.26 | x |
| 2024-12-31 | $37.12 | $1.26 | x |
| 2025-12-31 | $39.47 | $1.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aspen Insurance Holdings Limited 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): 9.38%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.92%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 4.50x
- Recent ROE (9.38%) is above the historical average (5.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 3.26% | 20.17% | 0.12x | 1.38x | $-59.21 Million |
| 2003 | 11.71% | 18.07% | 0.33x | 1.99x | $22.23 Million |
| 2004 | 13.17% | 15.04% | 0.33x | 2.66x | $46.95 Million |
| 2005 | -8.72% | -10.78% | 0.25x | 3.21x | $-381.78 Million |
| 2006 | 15.82% | 20.33% | 0.28x | 2.78x | $139.17 Million |
| 2007 | 17.36% | 24.35% | 0.28x | 2.56x | $207.24 Million |
| 2008 | 3.74% | 5.81% | 0.24x | 2.62x | $-174.11 Million |
| 2009 | 14.34% | 22.75% | 0.25x | 2.50x | $143.36 Million |
| 2010 | 9.66% | 14.26% | 0.25x | 2.72x | $-11.14 Million |
| 2011 | -3.49% | -5.27% | 0.22x | 3.00x | $-425.56 Million |
| 2012 | 8.04% | 12.22% | 0.22x | 2.96x | $-68.22 Million |
| 2013 | 9.99% | 13.79% | 0.23x | 3.10x | $-190.00K |
| 2014 | 10.38% | 13.54% | 0.24x | 3.13x | $13.12 Million |
| 2015 | 9.43% | 12.11% | 0.24x | 3.23x | $-19.56 Million |
| 2016 | 5.57% | 7.13% | 0.24x | 3.32x | $-161.39 Million |
| 2017 | -9.15% | -10.18% | 0.20x | 4.41x | $-560.28 Million |
| 2018 | -5.57% | -6.32% | 0.19x | 4.75x | $-410.47 Million |
| 2019 | -8.74% | -9.82% | 0.19x | 4.62x | $-510.85 Million |
| 2020 | -1.95% | -2.07% | 0.21x | 4.53x | $-345.12 Million |
| 2021 | 1.07% | 1.15% | 0.19x | 4.99x | $-247.68 Million |
| 2022 | 2.17% | 1.93% | 0.17x | 6.43x | $-184.70 Million |
| 2023 | 18.38% | 18.47% | 0.19x | 5.23x | $243.85 Million |
| 2024 | 14.42% | 15.20% | 0.20x | 4.67x | $148.91 Million |
| 2025 | 9.38% | 10.92% | 0.19x | 4.50x | $-22.31 Million |
Industry Comparison
This section compares Aspen Insurance Holdings Limited's net assets metrics with peer companies in the Insurance - Property & Casualty industry.
Industry Context
- Industry: Insurance - Property & Casualty
- Average net assets among peers: $11,040,074,889
- Average return on equity (ROE) among peers: 20.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aspen Insurance Holdings Limited (AHL) | $3.63 Billion | 3.26% | 3.50x | $115.72 Million |
| American Coastal Insurance Corp (ACIC) | $42.93 Million | 77.85% | 4.43x | $509.11 Million |
| American Financial Group Inc (AFG) | $4.05 Billion | 22.16% | 4.95x | $10.99 Billion |
| American Integrity Insurance Group, Inc. (AII) | $162.39 Million | 24.47% | 6.38x | $372.20 Million |
| Assurant Inc (AIZ) | $4.28 Billion | 12.14% | 6.44x | $10.94 Billion |
| The Allstate Corporation (ALL) | $16.60 Billion | 16.38% | 4.91x | $54.30 Billion |
| Ategrity Specialty Insurance Company Holdings (ASIC) | $322.20 Million | 3.12% | 1.74x | $943.07 Million |
| Bowhead Specialty Holdings Inc. (BOW) | $83.37 Million | 13.50% | 5.78x | $810.40 Million |
| Chubb Ltd (CB) | $68.39 Billion | 13.56% | 2.60x | $125.59 Billion |
| Cincinnati Financial Corporation (CINF) | $5.42 Billion | 4.70% | 1.18x | $24.98 Billion |
About Aspen Insurance Holdings Limited
Aspen Insurance Holdings Limited, together with its subsidiaries, engages in the insurance and reinsurance businesses in Australia, Asia, the United Kingdom, Ireland, rest of Europe, the United States, Canada, and internationally. It offers various reinsurance and retrocession products, including property catastrophe reinsurance, other property reinsurance, casualty reinsurance, and specialty rei… Read more