American Well Corp (AMWL) - Net Assets
Based on the latest financial reports, American Well Corp (AMWL) has net assets worth $247.79 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($323.79 Million) and total liabilities ($76.00 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 asset resilience ratio of American Well Corp to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $247.79 Million |
| % of Total Assets | 76.53% |
| Annual Growth Rate | N/A |
| 5-Year Change | -80.35% |
| 10-Year Change | N/A |
| Growth Volatility | 97.46 |
American Well Corp - Net Assets Trend (2018–2025)
This chart illustrates how American Well Corp's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of American Well Corp for the complete picture of this company's asset base.
Annual Net Assets for American Well Corp (2018–2025)
The table below shows the annual net assets of American Well Corp from 2018 to 2025. For live valuation and market cap data, see market cap of American Well Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $247.79 Million | -21.65% |
| 2024-12-31 | $316.24 Million | -34.14% |
| 2023-12-31 | $480.19 Million | -55.70% |
| 2022-12-31 | $1.08 Billion | -14.04% |
| 2021-12-31 | $1.26 Billion | +1.18% |
| 2020-12-31 | $1.25 Billion | +232.38% |
| 2019-12-31 | $374.94 Million | +283.42% |
| 2018-12-31 | $-204.41 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to American Well Corp'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 179089100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $165.00K | 0.07% |
| Other Comprehensive Income | $-12.10 Million | -5.14% |
| Other Components | $2.31 Billion | 980.18% |
| Total Equity | $235.58 Million | 100.00% |
American Well Corp Competitors by Market Cap
The table below lists competitors of American Well Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Royce Global Value Trust Inc
NYSE:RGT
|
$90.91 Million |
|
Data International Co Ltd
TWO:5432
|
$90.92 Million |
|
BJ.B.J.B.UNI.S.(NEW)YC-10
F:BJDH
|
$90.93 Million |
|
Neptune Digital Assets Corp
V:NDA
|
$90.94 Million |
|
Guizhou Zhongyida Co Ltd
SHG:900906
|
$90.81 Million |
|
Pluristem
TA:PSTI
|
$90.80 Million |
|
DeviceENG.CO.Ltd
KQ:187870
|
$90.79 Million |
|
Handok
KO:002390
|
$90.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in American Well Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 304,772,000 to 235,583,000, a change of -69,189,000 (-22.7%).
- Net loss of 95,700,000 reduced equity.
- Share repurchases of 4,000 reduced equity.
- Other comprehensive income increased equity by 3,741,000.
- Other factors increased equity by 22,774,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-95.70 Million | -40.62% |
| Share Repurchases | $4.00K | -0.0% |
| Other Comprehensive Income | $3.74 Million | +1.59% |
| Other Changes | $22.77 Million | +9.67% |
| Total Change | $- | -22.70% |
Book Value vs Market Value Analysis
This analysis compares American Well Corp'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: 0.42x
- 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.
- The price-to-book ratio has increased from 0.04x to 0.42x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $169.46 | $6.12 | x |
| 2019-12-31 | $169.51 | $6.12 | x |
| 2020-12-31 | $247.19 | $6.12 | x |
| 2021-12-31 | $97.55 | $6.12 | x |
| 2022-12-31 | $77.58 | $6.12 | x |
| 2023-12-31 | $32.66 | $6.12 | x |
| 2024-12-31 | $20.32 | $6.12 | x |
| 2025-12-31 | $14.68 | $6.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently American Well Corp 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): -40.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -38.38%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 1.37x
- Recent ROE (-40.62%) is above the historical average (-44.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -15.32% | -46.22% | 0.23x | 1.42x | $-87.06 Million |
| 2019 | -25.01% | -58.57% | 0.30x | 1.43x | $-122.06 Million |
| 2020 | -18.33% | -91.51% | 0.18x | 1.12x | $-346.85 Million |
| 2021 | -14.23% | -69.76% | 0.17x | 1.17x | $-300.26 Million |
| 2022 | -25.42% | -97.56% | 0.23x | 1.14x | $-376.82 Million |
| 2023 | -145.44% | -260.63% | 0.44x | 1.27x | $-721.59 Million |
| 2024 | -68.29% | -81.83% | 0.58x | 1.43x | $-238.62 Million |
| 2025 | -40.62% | -38.38% | 0.77x | 1.37x | $-119.26 Million |
Industry Comparison
This section compares American Well Corp's net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $350,464,170
- Average return on equity (ROE) among peers: -162.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| American Well Corp (AMWL) | $247.79 Million | -15.32% | 0.31x | $90.87 Million |
| Aclarion Inc (ACON) | $2.23 Million | -317.55% | 0.31x | $1.99 Million |
| Heartbeam Inc (BEAT) | $-26.87 Million | 0.00% | 0.00x | $30.38 Million |
| Bullfrog AI Holdings, Inc. Common Stock (BFRG) | $-3.06 Million | 0.00% | 0.00x | $6.51 Million |
| BrightSpring Health Services, Inc. Common Stock (BTSG) | $612.55 Million | -25.24% | 8.03x | $8.82 Billion |
| Carlsmed, Inc. Common Stock (CARL) | $-70.63 Million | 0.00% | 0.00x | $253.42 Million |
| CareCloud Inc. (CCLD) | $101.25 Million | -8.70% | 0.36x | $117.28 Million |
| Certara Inc (CERT) | $492.05 Million | -1.81% | 1.11x | $983.48 Million |
| CareMax Inc (CMAX) | $61.44 Million | -1112.15% | 9.14x | $381.50 |
| Claritev Corporation (CTEV) | $1.99 Billion | 0.49% | 3.21x | $277.75 Million |
About American Well Corp
American Well Corporation, an enterprise platform and software company, delivers digitally enabling hybrid care in the United States and internationally. The company offers Amwell Platform, a cloud-based enablement platform, digitally enables a scalable healthcare experience across all care settings; Amwell Carepoint, a device enable healthcare providers to leverage proprietary carts and transfor… Read more