Figs Inc
FIGS, Inc., together with its subsidiary, FIGS Canada, Inc., operates as a direct-to-consumer healthcare apparel and lifestyle company in the United States and internationally. The company designs and sells scrubwear and non-scrubwear offerings, such as outerwear, underscrubs, footwear, compression socks, lab coats, loungewear, and other apparel. It also offers sports apparel, performance legging… Read more
Figs Inc (FIGS) - Net Assets
Latest net assets as of December 2025: $437.46 Million USD
Based on the latest financial reports, Figs Inc (FIGS) has net assets worth $437.46 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 ($580.00 Million) and total liabilities ($142.53 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $437.46 Million |
| % of Total Assets | 75.43% |
| Annual Growth Rate | 49.72% |
| 5-Year Change | 78.14% |
| 10-Year Change | N/A |
| Growth Volatility | 64.41 |
Figs Inc - Net Assets Trend (2019–2025)
This chart illustrates how Figs Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Figs Inc (2019–2025)
The table below shows the annual net assets of Figs Inc from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $437.46 Million | +16.00% |
| 2024-12-31 | $377.13 Million | +0.07% |
| 2023-12-31 | $376.85 Million | +22.46% |
| 2022-12-31 | $307.74 Million | +25.31% |
| 2021-12-31 | $245.57 Million | +151.41% |
| 2020-12-31 | $97.68 Million | +151.65% |
| 2019-12-31 | $38.81 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Figs 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 grown by 12099500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $98.72 Million | 22.57% |
| Common Stock | $16.00K | 0.00% |
| Other Comprehensive Income | $196.00K | 0.04% |
| Other Components | $338.53 Million | 77.38% |
| Total Equity | $437.46 Million | 100.00% |
Figs Inc Competitors by Market Cap
The table below lists competitors of Figs Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Wafer Level Csp Co Ltd
SHG:603005
|
$2.27 Billion |
|
Nexi S.p.A
PINK:NEXPF
|
$2.27 Billion |
|
Peyto Exploration&Development Corp
PINK:PEYUF
|
$2.27 Billion |
|
Lexington Realty Trust
F:LXN
|
$2.27 Billion |
|
Outfront Media Inc. (REIT)
F:76C
|
$2.27 Billion |
|
Sichuan Hebang Biotechnology Co Ltd
SHG:603077
|
$2.27 Billion |
|
DWS Group GmbH & Co. KGaA
XETRA:DWS
|
$2.27 Billion |
|
SICC Co. Ltd.
SHG:688234
|
$2.27 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Figs Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 377,132,000 to 437,462,000, a change of 60,330,000 (16.0%).
- Net income of 34,250,000 contributed positively to equity growth.
- Share repurchases of 2,688,000 reduced equity.
- Other comprehensive income increased equity by 175,000.
- Other factors increased equity by 28,593,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $34.25 Million | +7.83% |
| Share Repurchases | $2.69 Million | -0.61% |
| Other Comprehensive Income | $175.00K | +0.04% |
| Other Changes | $28.59 Million | +6.54% |
| Total Change | $- | 16.00% |
Book Value vs Market Value Analysis
This analysis compares Figs 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: 6.11x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 61.77x to 6.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.24 | $14.90 | x |
| 2020-12-31 | $0.61 | $14.90 | x |
| 2021-12-31 | $1.50 | $14.90 | x |
| 2022-12-31 | $1.64 | $14.90 | x |
| 2023-12-31 | $2.07 | $14.90 | x |
| 2024-12-31 | $2.09 | $14.90 | x |
| 2025-12-31 | $2.44 | $14.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Figs 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): 7.83%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.43%
- • Asset Turnover: 1.09x
- • Equity Multiplier: 1.33x
- Recent ROE (7.83%) is below the historical average (9.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.29% | 0.10% | 1.77x | 1.61x | $-3.77 Million |
| 2020 | 50.94% | 18.91% | 1.97x | 1.37x | $39.99 Million |
| 2021 | -3.89% | -2.28% | 1.35x | 1.27x | $-34.11 Million |
| 2022 | 6.88% | 4.19% | 1.28x | 1.28x | $-9.59 Million |
| 2023 | 6.01% | 4.15% | 1.15x | 1.26x | $-15.05 Million |
| 2024 | 0.72% | 0.49% | 1.09x | 1.35x | $-34.99 Million |
| 2025 | 7.83% | 5.43% | 1.09x | 1.33x | $-9.50 Million |
Industry Comparison
This section compares Figs Inc's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $373,328,356
- Average return on equity (ROE) among peers: 4.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Figs Inc (FIGS) | $437.46 Million | 0.29% | 0.33x | $2.27 Billion |
| Agavenny Corporation (AGNY) | $1.26 Million | -1.07% | 0.07x | $453.12 |
| Authentic Holdings Inc. (AHRO) | $-2.36 Million | 0.00% | 0.00x | $1.67 Million |
| Columbia Sportswear Company (COLM) | $184.40 Million | 17.90% | 0.65x | $1.41 Billion |
| China Outfitters Holdings Ltd (COUTF) | $1.49 Billion | -10.20% | 0.17x | $19.05 Million |
| Delta Galil Industries Ltd (DELTF) | $649.18 Million | 17.37% | 1.73x | $530.69 Million |
| Delta Apparel, Inc. (DLAPQ) | $142.69 Million | -7.41% | 1.95x | $705.00 |
| Exceed Company Ltd (EDSFF) | $-29.05K | 0.00% | 0.00x | $0.97 |
| Ever-Glory International Group Inc. (EVKG) | $84.30 Million | 8.02% | 1.39x | $5.52K |
| Fox-Wizel Ltd (FXWZF) | $812.84 Million | 18.79% | 1.41x | $233.16 Million |