Vertical Aerospace Ltd (EVTL) - Net Assets
Based on the latest financial reports, Vertical Aerospace Ltd (EVTL) has net assets worth $-12.31 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($116.03 Million) and total liabilities ($128.35 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 strategic asset allocation of Vertical Aerospace Ltd to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-12.31 Million |
| % of Total Assets | -10.61% |
| Annual Growth Rate | N/A |
| 5-Year Change | -296.93% |
| 10-Year Change | N/A |
| Growth Volatility | 318.46 |
Vertical Aerospace Ltd - Net Assets Trend (2019–2025)
This chart illustrates how Vertical Aerospace Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Vertical Aerospace Ltd (EVTL) market capitalisation.
Annual Net Assets for Vertical Aerospace Ltd (2019–2025)
The table below shows the annual net assets of Vertical Aerospace Ltd from 2019 to 2025. Also explore how fast is Vertical Aerospace Ltd growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $-121.23 Million | +75.72% |
| 2024-12-31 | $-499.34 Million | -903.12% |
| 2023-12-31 | $-49.78 Million | -780.23% |
| 2022-12-31 | $7.32 Million | -88.11% |
| 2021-12-31 | $61.56 Million | +6663.01% |
| 2020-12-31 | $-938.00K | -122.54% |
| 2019-12-31 | $4.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vertical Aerospace Ltd'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 91596018800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $78.86K | % |
| Other Comprehensive Income | $136.59 Million | % |
| Other Components | $658.06 Million | % |
| Total Equity | $-121.23 Million | 100.00% |
Vertical Aerospace Ltd Competitors by Market Cap
The table below lists competitors of Vertical Aerospace Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dongwha Pharm.Co.Ltd
KO:000020
|
$93.92 Million |
|
GENOR BIOPHARMA DL-00002
F:67N0
|
$93.97 Million |
|
AlzeCure Pharma
ST:ALZCUR
|
$93.99 Million |
|
Tae Kyung Ind
KO:015890
|
$93.99 Million |
|
GIIB Holdings Bhd
KLSE:7192
|
$93.90 Million |
|
Tethys Petroleum Ltd
V:TPL
|
$93.89 Million |
|
Anixa Biosciences Inc
NASDAQ:ANIX
|
$93.86 Million |
|
KAISER REEF LTD.
F:7YR
|
$93.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vertical Aerospace Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -499,341,000 to -121,231,536, a change of 378,109,464.
- Net income of 232,928,000 contributed positively to equity growth.
- New share issuances of 111,293,000 increased equity.
- Other comprehensive income increased equity by 37,293,490.
- Other factors decreased equity by 3,405,026.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $232.93 Million | +192.13% |
| Share Issuances | $111.29 Million | +91.8% |
| Other Comprehensive Income | $37.29 Million | +30.76% |
| Other Changes | $-3.41 Million | -2.81% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Vertical Aerospace Ltd'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.42 | $0.74 | x |
| 2020-12-31 | $-0.25 | $0.74 | x |
| 2021-12-31 | $4.96 | $0.74 | x |
| 2022-12-31 | $0.41 | $0.74 | x |
| 2023-12-31 | $-2.60 | $0.74 | x |
| 2024-12-31 | $-24.58 | $0.74 | x |
| 2025-12-31 | $-0.95 | $0.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vertical Aerospace Ltd 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-266.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -179.82% | -10691.43% | 0.01x | 1.76x | $-7.90 Million |
| 2020 | 0.00% | -14167.82% | 0.01x | 0.00x | $-12.23 Million |
| 2021 | -398.34% | -185775.76% | 0.00x | 3.79x | $-251.38 Million |
| 2022 | -1289.63% | 0.00% | 0.00x | 20.67x | $-95.11 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-54.97 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-731.31 Million |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | $245.05 Million |
Industry Comparison
This section compares Vertical Aerospace Ltd's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $1,020,842,709
- Average return on equity (ROE) among peers: -5.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vertical Aerospace Ltd (EVTL) | $-12.31 Million | -179.82% | N/A | $93.92 Million |
| Archer Aviation Inc (ACHR) | $2.20 Billion | -28.06% | 0.12x | $4.24 Billion |
| AAR Corp (AIR) | $422.72 Million | 8.32% | 1.32x | $4.74 Billion |
| Air Industries Group (AIRI) | $7.11 Million | -10.55% | 2.68x | $14.65 Million |
| AIRO Group Holdings, Inc. Common Stock (AIRO) | $-85.59 Million | 0.00% | 0.00x | $198.53 Million |
| Arxis, Inc. Class A Common Stock (ARXS) | $2.98 Billion | -1.86% | 1.12x | $4.60 Billion |
| Astronics Corporation (ATRO) | $270.37 Million | -42.82% | 1.29x | $2.19 Billion |
| AeroVironment Inc (AVAV) | $550.97 Million | -31.98% | 0.50x | $7.90 Billion |
| AEVEX Corp. (AVEX) | $590.07 Million | -0.14% | 0.37x | $897.88 Million |
| Axon Enterprise Inc. (AXON) | $1.05 Billion | -5.73% | 0.61x | $37.31 Billion |
| The Boeing Company (BA) | $2.23 Billion | 58.97% | 26.89x | $155.86 Billion |
About Vertical Aerospace Ltd
Vertical Aerospace Ltd., an aerospace and technology company, engages in designing, manufacturing, and selling zero operating emission electric vertical takeoff and landing (eVTOL) in the United Kingdom. It is involved in developing its flagship VX4, an eVTOL aircraft; and designing, manufacturing and commercializing for deployment in the advanced air mobility market. Vertical Aerospace Ltd. was … Read more