Boston Omaha Corp (BOC) - Net Assets
Based on the latest financial reports, Boston Omaha Corp (BOC) has net assets worth $536.07 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 ($713.07 Million) and total liabilities ($177.00 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 Boston Omaha Corp liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $536.07 Million |
| % of Total Assets | 75.18% |
| Annual Growth Rate | N/A |
| 5-Year Change | -16.32% |
| 10-Year Change | 762.0% |
| Growth Volatility | 62.89 |
Boston Omaha Corp - Net Assets Trend (2012–2025)
This chart illustrates how Boston Omaha Corp's net assets have evolved over time, based on quarterly financial data. Also explore BOC total assets for the complete picture of this company's asset base.
Annual Net Assets for Boston Omaha Corp (2012–2025)
The table below shows the annual net assets of Boston Omaha Corp from 2012 to 2025. For live valuation and market cap data, see Boston Omaha Corp (BOC) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $536.07 Million | -4.74% |
| 2024-12-31 | $562.72 Million | -8.72% |
| 2023-12-31 | $616.45 Million | +17.05% |
| 2022-12-31 | $526.65 Million | -17.79% |
| 2021-12-31 | $640.60 Million | +21.65% |
| 2020-12-31 | $526.59 Million | +51.77% |
| 2019-12-31 | $346.97 Million | +9.61% |
| 2018-12-31 | $316.56 Million | +113.33% |
| 2017-12-31 | $148.39 Million | +138.61% |
| 2016-12-31 | $62.19 Million | +164.69% |
| 2015-12-31 | $23.50 Million | +5127.08% |
| 2014-12-31 | $-467.38K | -16.67% |
| 2013-12-31 | $-400.60K | -21.01% |
| 2012-12-31 | $-331.04K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Boston Omaha 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 1679043900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $31.60K | 0.01% |
| Other Components | $533.28 Million | 103.32% |
| Total Equity | $516.14 Million | 100.00% |
Boston Omaha Corp Competitors by Market Cap
The table below lists competitors of Boston Omaha Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SamsungFN REIT Co. Ltd.
KO:448730
|
$343.07 Million |
|
Lands’ End Inc
NASDAQ:LE
|
$343.09 Million |
|
Jiangsu Daybright Intelligent Electric Co Ltd
SHE:300670
|
$343.18 Million |
|
Samchully
KO:004690
|
$343.42 Million |
|
Myer Holdings Ltd
AU:MYR
|
$342.89 Million |
|
Nordic Paper Holding AB
ST:NPAPER
|
$342.74 Million |
|
Holley Inc
NYSE:HLLY
|
$342.72 Million |
|
Bus Online Co Ltd
SHE:002188
|
$342.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Boston Omaha Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 532,819,509 to 516,135,787, a change of -16,683,722 (-3.1%).
- Net loss of 12,427,540 reduced equity.
- Share repurchases of 5,752,737 reduced equity.
- New share issuances of 525,256 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-12.43 Million | -2.41% |
| Share Repurchases | $5.75 Million | -1.11% |
| Share Issuances | $525.26K | +0.1% |
| Other Changes | $971.30K | +0.19% |
| Total Change | $- | -3.13% |
Book Value vs Market Value Analysis
This analysis compares Boston Omaha 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: 0.69x
- 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 |
|---|---|---|---|
| 2012-12-31 | $-1.22 | $11.40 | x |
| 2013-12-31 | $-1.50 | $11.40 | x |
| 2014-12-31 | $-1.75 | $11.40 | x |
| 2015-12-31 | $22.25 | $11.40 | x |
| 2016-12-31 | $10.29 | $11.40 | x |
| 2017-12-31 | $13.60 | $11.40 | x |
| 2018-12-31 | $15.81 | $11.40 | x |
| 2019-12-31 | $15.16 | $11.40 | x |
| 2020-12-31 | $14.86 | $11.40 | x |
| 2021-12-31 | $17.09 | $11.40 | x |
| 2022-12-31 | $16.92 | $11.40 | x |
| 2023-12-31 | $17.31 | $11.40 | x |
| 2024-12-31 | $16.92 | $11.40 | x |
| 2025-12-31 | $16.43 | $11.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Boston Omaha 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): -2.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.87%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.38x
- Recent ROE (-2.41%) is below the historical average (-0.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.00% | 0.00% | 1390281.97x | 0.00x | $-62.18K |
| 2013 | 0.00% | -207.33% | 0.36x | 0.00x | $-29.50K |
| 2014 | 0.00% | -152204038.84% | 0.90x | 0.00x | $-66.78 Billion |
| 2015 | -4.46% | -144.83% | 0.03x | 1.01x | $-3.40 Million |
| 2016 | -5.10% | -82.54% | 0.06x | 1.06x | $-9.39 Million |
| 2017 | -4.40% | -71.76% | 0.06x | 1.04x | $-21.18 Million |
| 2018 | -2.89% | -45.52% | 0.06x | 1.05x | $-40.64 Million |
| 2019 | -0.43% | -3.59% | 0.09x | 1.27x | $-36.01 Million |
| 2020 | -0.01% | -0.11% | 0.07x | 1.68x | $-38.21 Million |
| 2021 | 10.63% | 92.59% | 0.07x | 1.63x | $3.12 Million |
| 2022 | 2.03% | 12.60% | 0.12x | 1.36x | $-40.12 Million |
| 2023 | -1.30% | -7.28% | 0.13x | 1.43x | $-60.82 Million |
| 2024 | -0.24% | -1.19% | 0.15x | 1.37x | $-54.57 Million |
| 2025 | -2.41% | -10.87% | 0.16x | 1.38x | $-64.04 Million |
Industry Comparison
This section compares Boston Omaha Corp's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $33,213,482,830
- Average return on equity (ROE) among peers: 1.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Boston Omaha Corp (BOC) | $536.07 Million | 0.00% | 0.33x | $342.97 Million |
| Air T Inc (AIRT) | $1.80 Million | 38.89% | 1.72x | $57.24 Million |
| Alpine 4 Holdings Inc (ALPP) | $72.11 Million | -26.91% | 0.84x | $13.53K |
| Brookfield Business Corp (BBUC) | $2.63 Billion | -33.70% | 6.25x | $6.77 Billion |
| Dmc Global Inc (BOOM) | $3.90 Million | 15.38% | 0.62x | $106.32 Million |
| Compass Diversified Holdings (CODI) | $928.94 Million | -6.38% | 2.76x | $740.32 Million |
| Deluxe Corporation (DLX) | $647.50 Million | 30.86% | 1.61x | $1.20 Billion |
| Falcon's Beyond Global, Inc. Class A Common Stock (FBYD) | $-488.99 Million | 0.00% | 0.00x | $446.97 Million |
| FTAI Infrastructure Inc. (FIP) | $738.09 Million | -16.44% | 2.22x | $623.90 Million |
| Fujikura Ltd (FJIKY) | $294.38 Billion | 13.89% | 1.23x | $11.06 Billion |
About Boston Omaha Corp
Boston Omaha Corporation, together with its subsidiaries, engages in the outdoor billboard advertising business in the southeast United States. The company operates through General Indemnity Group, LLC (GIG); Link Media Holdings, LLC (LMH); Boston Omaha Broadband, LLC (BOB); and Boston Omaha Asset Management, LLC (BOAM) segments. It is also involved in the surety insurance and related brokerage, … Read more