Circle Internet Group, Inc. (CRCL) - Net Assets
Based on the latest financial reports, Circle Internet Group, Inc. (CRCL) has net assets worth $3.33 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 ($78.71 Billion) and total liabilities ($75.38 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 CRCL tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.33 Billion |
| % of Total Assets | 4.23% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 232.63 |
Circle Internet Group, Inc. - Net Assets Trend (2020–2025)
This chart illustrates how Circle Internet Group, Inc.'s net assets have evolved over time, based on quarterly financial data. See Circle Internet Group, Inc. (CRCL) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Circle Internet Group, Inc. (2020–2025)
The table below shows the annual net assets of Circle Internet Group, Inc. from 2020 to 2025. For live valuation and market cap data, see CRCL stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $3.33 Billion | +483.80% |
| 2024-12-31 | $570.53 Million | -61.21% |
| 2023-12-31 | $1.47 Billion | +67.29% |
| 2022-12-31 | $879.16 Million | +214.41% |
| 2021-12-31 | $-768.41 Million | -168.19% |
| 2020-12-31 | $-286.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Circle Internet Group, 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 91778900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $26.00K | 0.00% |
| Other Comprehensive Income | $14.52 Million | 0.44% |
| Other Components | $4.61 Billion | 138.39% |
| Total Equity | $3.33 Billion | 100.00% |
Circle Internet Group, Inc. Competitors by Market Cap
The table below lists competitors of Circle Internet Group, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Illumina Inc
NASDAQ:ILMN
|
$18.34 Billion |
|
Dollar Tree Inc
NASDAQ:DLTR
|
$18.35 Billion |
|
POSCO Holdings Inc
NYSE:PKX
|
$18.36 Billion |
|
Bank of Shanghai Co Ltd
SHG:601229
|
$18.38 Billion |
|
Jentech Precision Industrial Co Ltd
TW:3653
|
$18.33 Billion |
|
Equifax Inc
NYSE:EFX
|
$18.33 Billion |
|
TECHTRONIC INDS ADR/5
F:TIB
|
$18.32 Billion |
|
POSCO Holdings Inc
F:PKX
|
$18.32 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Circle Internet Group, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 570,529,000 to 3,329,327,000, a change of 2,758,798,000 (483.6%).
- Net loss of 69,508,000 reduced equity.
- New share issuances of 1,013,097,000 increased equity.
- Other comprehensive income increased equity by 10,871,000.
- Other factors increased equity by 1,804,338,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-69.51 Million | -2.09% |
| Share Issuances | $1.01 Billion | +30.43% |
| Other Comprehensive Income | $10.87 Million | +0.33% |
| Other Changes | $1.80 Billion | +54.2% |
| Total Change | $- | 483.55% |
Book Value vs Market Value Analysis
This analysis compares Circle Internet Group, 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: 5.84x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $-6.46 | $80.23 | x |
| 2021-12-31 | $-17.33 | $80.23 | x |
| 2022-12-31 | $18.84 | $80.23 | x |
| 2023-12-31 | $21.77 | $80.23 | x |
| 2024-12-31 | $7.81 | $80.23 | x |
| 2025-12-31 | $13.74 | $80.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Circle Internet Group, 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): -2.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.53%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 23.64x
- Recent ROE (-2.09%) is above the historical average (-7.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | 24.55% | 0.00x | 0.00x | $32.44 Million |
| 2021 | 0.00% | -598.76% | 0.00x | 0.00x | $-431.37 Million |
| 2022 | -87.45% | -99.58% | 0.02x | 53.16x | $-856.76 Million |
| 2023 | 18.19% | 18.45% | 0.06x | 17.68x | $120.49 Million |
| 2024 | 27.28% | 9.29% | 0.04x | 80.34x | $98.61 Million |
| 2025 | -2.09% | -2.53% | 0.03x | 23.64x | $-402.44 Million |
Industry Comparison
This section compares Circle Internet Group, Inc.'s net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $149,072,886
- Average return on equity (ROE) among peers: -133.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Circle Internet Group, Inc. (CRCL) | $3.33 Billion | 0.00% | 22.63x | $18.33 Billion |
| American Bitcoin Corp (ABTC) | $59.95 Million | -52.26% | 0.58x | $281.30 Million |
| Abits Group Inc. (ABTS) | $-2.96 Million | 0.00% | 0.00x | $3.23 Million |
| Sphere 3D Corp (ANY) | $23.30 Million | -92.20% | 0.08x | $21.08 Million |
| Argo Blockchain PLC ADR (ARBK) | $24.58 Million | -931.57% | 3.49x | $957.54K |
| AtlasClear Holdings, Inc. (ATCH) | $9.94 Million | 1.32% | 3.08x | $32.53 Million |
| Prestige Wealth Inc. (AURE) | $3.04 Million | -226.15% | 1.08x | $51.07 Million |
| Solowin Holdings (AXG) | $2.00 Million | -6.29% | 3.73x | $524.75 Million |
| BGC Group Inc. (BGC) | $1.08 Billion | 11.77% | 2.33x | $4.45 Billion |
| Big Digital Energy, Inc. (BGDE) | $-3.12 Million | 0.00% | 0.00x | $34.07 Million |
| Bitfarms Ltd (BITF) | $294.76 Million | -35.29% | 0.28x | $1.21 Billion |
About Circle Internet Group, Inc.
Circle Internet Group, Inc. operates as a platform, network, and market infrastructure for stablecoin and blockchain applications. The company provides various platform including Arc Blockchain and Developer Infrastructure, an open, layer-1 blockchain network purpose-built to bring real world economic activity onchain; Circle Digital Assets and Services, which includes circle digital assets, USDC… Read more