Birkenstock Holding plc (BIRK) - Net Assets
Based on the latest financial reports, Birkenstock Holding plc (BIRK) has net assets worth $2.90 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 ($5.17 Billion) and total liabilities ($2.27 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. Also explore Birkenstock Holding plc asset portfolio for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.90 Billion |
| % of Total Assets | 56.02% |
| Annual Growth Rate | 46.17% |
| 5-Year Change | 31.89% |
| 10-Year Change | N/A |
| Growth Volatility | 159.46 |
Birkenstock Holding plc - Net Assets Trend (2020–2025)
This chart illustrates how Birkenstock Holding plc's net assets have evolved over time, based on quarterly financial data. Check Birkenstock Holding plc (BIRK) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Birkenstock Holding plc (2020–2025)
The table below shows the annual net assets of Birkenstock Holding plc from 2020 to 2025. For live valuation and market cap data, see market value of Birkenstock Holding plc.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $2.72 Billion | +3.72% |
| 2024-09-30 | $2.63 Billion | +9.35% |
| 2023-09-30 | $2.40 Billion | +1.81% |
| 2022-09-30 | $2.36 Billion | +14.21% |
| 2021-09-30 | $2.06 Billion | +405.78% |
| 2020-09-30 | $408.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Birkenstock Holding plc'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 705.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $765.90 Million | 28.13% |
| Other Comprehensive Income | $-35.48 Million | -1.30% |
| Other Components | $1.99 Billion | 73.17% |
| Total Equity | $2.72 Billion | 100.00% |
Birkenstock Holding plc Competitors by Market Cap
The table below lists competitors of Birkenstock Holding plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ISS A/S
CO:ISS
|
$6.89 Billion |
|
International Games System Co Ltd
TWO:3293
|
$6.90 Billion |
|
Macerich Company
NYSE:MAC
|
$6.90 Billion |
|
Prosperity Bancshares Inc
NYSE:PB
|
$6.90 Billion |
|
Mycronic publ AB
ST:MYCR
|
$6.89 Billion |
|
FormFactor Inc
NASDAQ:FORM
|
$6.89 Billion |
|
InterDigital Inc
NASDAQ:IDCC
|
$6.88 Billion |
|
AXIS Capital Holdings Limited
F:AXV
|
$6.88 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Birkenstock Holding plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,625,019,000 to 2,722,726,000, a change of 97,707,000 (3.7%).
- Net income of 348,327,000 contributed positively to equity growth.
- Share repurchases of 194,724,501 reduced equity.
- Other comprehensive income decreased equity by 74,427,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $348.33 Million | +12.79% |
| Share Repurchases | $194.72 Million | -7.15% |
| Other Comprehensive Income | $-74.43 Million | -2.73% |
| Other Changes | $18.53 Million | +0.68% |
| Total Change | $- | 3.72% |
Book Value vs Market Value Analysis
This analysis compares Birkenstock Holding plc'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: 2.57x
- 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 17.68x to 2.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-09-30 | $2.12 | $37.48 | x |
| 2021-09-30 | $11.30 | $37.48 | x |
| 2022-09-30 | $12.90 | $37.48 | x |
| 2023-09-30 | $13.14 | $37.48 | x |
| 2024-09-30 | $13.99 | $37.48 | x |
| 2025-09-30 | $14.60 | $37.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Birkenstock Holding plc 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): 12.79%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.61%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.82x
- Recent ROE (12.79%) is above the historical average (1.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -26.67% | -14.58% | 0.91x | 2.02x | $-146.01 Million |
| 2021 | 5.64% | 12.10% | 0.23x | 2.07x | $-90.01 Million |
| 2022 | 7.94% | 15.06% | 0.26x | 2.03x | $-48.67 Million |
| 2023 | 3.13% | 5.03% | 0.31x | 2.01x | $-165.04 Million |
| 2024 | 7.30% | 10.62% | 0.37x | 1.86x | $-70.90 Million |
| 2025 | 12.79% | 16.61% | 0.42x | 1.82x | $76.05 Million |
Industry Comparison
This section compares Birkenstock Holding plc's net assets metrics with peer companies in the Footwear & Accessories industry.
Industry Context
- Industry: Footwear & Accessories
- Average net assets among peers: $519,750,671
- Average return on equity (ROE) among peers: -7.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Birkenstock Holding plc (BIRK) | $2.90 Billion | -26.67% | 0.79x | $6.89 Billion |
| American Rebel Holdings Inc (AREB) | $-7.63 Million | 0.00% | 0.00x | $1.25 Million |
| Crocs Inc (CROX) | $389.00K | -114.40% | 0.17x | $4.82 Billion |
| Designer Brands Inc (DBI) | $129.06 Million | 6.24% | 1.29x | $286.92 Million |
| Deckers Outdoor Corporation (DECK) | $1.14 Billion | 24.22% | 0.55x | $13.72 Billion |
| Kandal M Venture Limited Class A Ordinary Shares (FMFC) | $-950.79K | 0.00% | 0.00x | $4.70 Million |
| Forward Industries Inc (FORD) | $7.71 Million | -46.74% | 1.09x | $788.51 Million |
| Fossil Group Inc (FOSL) | $33.60 Million | 34.23% | 0.38x | $247.04 Million |
| Nike Inc (NKE) | $1.74 Billion | 17.16% | 0.36x | $50.92 Billion |
| On Holding Ltd (ONON) | $1.63 Billion | 11.90% | 0.74x | $11.49 Billion |
About Birkenstock Holding plc
Birkenstock Holding plc engages in the manufacture and sale of footwear products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers footbed-based products, including sandals and closed-toe shoes; and skincare products and accessories. The company sells its products through e-commerce sites and a network of owned retail stores, as well as business-to-business channel… Read more