GMS Inc Net Assets
GMS Inc net assets. Based on the latest financial reports, GMS Inc (GMS) has net assets worth $1.45 Billion USD as of July 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.85 Billion) and total liabilities ($2.39 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 net asset momentum of GMS Inc to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.45 Billion |
| % of Total Assets | 37.76% |
| Annual Growth Rate | 15.2% |
| 5-Year Change | 72.67% |
| 10-Year Change | 356.41% |
| Growth Volatility | 18.78 |
Net Assets of GMS Inc (2014–2025)
Net assets of GMS Inc from 2014 to 2025. This chart illustrates how GMS Inc's net assets have evolved over time, based on quarterly financial data. See GMS Inc (GMS) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for GMS Inc (2014–2025)
The table below shows the annual net assets of GMS Inc from 2014 to 2025. For live market cap and overall valuation, see market cap of GMS Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | $1.42 Billion | -2.76% |
| 2024-04-30 | $1.46 Billion | +14.57% |
| 2023-04-30 | $1.27 Billion | +19.75% |
| 2022-04-30 | $1.06 Billion | +29.43% |
| 2021-04-30 | $822.46 Million | +29.73% |
| 2020-04-30 | $633.98 Million | +0.76% |
| 2019-04-30 | $629.18 Million | +8.58% |
| 2018-04-30 | $579.45 Million | +12.60% |
| 2017-04-30 | $514.61 Million | +65.38% |
| 2016-04-30 | $311.16 Million | +4.60% |
| 2015-04-30 | $297.47 Million | -0.66% |
| 2014-04-30 | $299.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to GMS 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 129146900000.0% over the analyzed period, indicating profitable operations and earnings retention.
GMS Inc Net Assets Breakdown (April 2025)
GMS Inc net assets breakdown by equity component as of April 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.27 Billion | 89.60% |
| Common Stock | $381.00K | 0.03% |
| Other Comprehensive Income | $-41.93 Million | -2.95% |
| Other Components | $189.22 Million | 13.32% |
| Total Equity | $1.42 Billion | 100.00% |
GMS Inc Competitors by Market Cap
The table below lists competitors of GMS Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Maxscend Microelectronics Co Ltd
SHE:300782
|
$4.20 Billion |
|
Core Natural Resources, Inc.
NYSE:CNR
|
$4.20 Billion |
|
International Bancshares Corporation
NASDAQ:IBOC
|
$4.20 Billion |
|
X Trade Brokers Dom Maklerski SA
WAR:XTB
|
$4.20 Billion |
|
Hess Midstream Partners LP
NYSE:HESM
|
$4.20 Billion |
|
Belden Inc
NYSE:BDC
|
$4.19 Billion |
|
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SHE:002223
|
$4.19 Billion |
|
Kilroy Realty Corp
NYSE:KRC
|
$4.19 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GMS Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,460,521,000 to 1,420,180,000, a change of -40,341,000 (-2.8%).
- Net income of 115,469,000 contributed positively to equity growth.
- Share repurchases of 165,502,000 reduced equity.
- Other comprehensive income decreased equity by 10,414,000.
- Other factors increased equity by 20,106,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $115.47 Million | +8.13% |
| Share Repurchases | $165.50 Million | -11.65% |
| Other Comprehensive Income | $-10.41 Million | -0.73% |
| Other Changes | $20.11 Million | +1.42% |
| Total Change | $- | -2.76% |
Book Value vs Market Value Analysis
This analysis compares GMS 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: 3.06x
- 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 11.88x to 3.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-04-30 | $9.26 | $109.96 | x |
| 2015-04-30 | $7.44 | $109.96 | x |
| 2016-04-30 | $9.46 | $109.96 | x |
| 2017-04-30 | $12.53 | $109.96 | x |
| 2018-04-30 | $13.74 | $109.96 | x |
| 2019-04-30 | $15.13 | $109.96 | x |
| 2020-04-30 | $14.92 | $109.96 | x |
| 2021-04-30 | $18.98 | $109.96 | x |
| 2022-04-30 | $24.25 | $109.96 | x |
| 2023-04-30 | $29.93 | $109.96 | x |
| 2024-04-30 | $35.70 | $109.96 | x |
| 2025-04-30 | $35.95 | $109.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GMS 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): 8.13%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.09%
- • Asset Turnover: 1.44x
- • Equity Multiplier: 2.70x
- Recent ROE (8.13%) is below the historical average (9.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -6.33% | -1.40% | 1.21x | 3.75x | $-48.90 Million |
| 2015 | -4.64% | -0.88% | 1.36x | 3.88x | $-43.54 Million |
| 2016 | 4.04% | 0.68% | 1.48x | 4.02x | $-18.55 Million |
| 2017 | 9.50% | 2.11% | 1.66x | 2.71x | $-2.57 Million |
| 2018 | 10.87% | 2.51% | 1.73x | 2.51x | $5.03 Million |
| 2019 | 8.90% | 1.80% | 1.45x | 3.42x | $-6.92 Million |
| 2020 | 3.69% | 0.72% | 1.42x | 3.61x | $-40.02 Million |
| 2021 | 12.83% | 3.20% | 1.33x | 3.02x | $23.31 Million |
| 2022 | 25.69% | 5.90% | 1.49x | 2.92x | $166.99 Million |
| 2023 | 26.12% | 6.25% | 1.63x | 2.56x | $205.52 Million |
| 2024 | 18.90% | 5.02% | 1.46x | 2.57x | $130.03 Million |
| 2025 | 8.13% | 2.09% | 1.44x | 2.70x | $-26.55 Million |
Industry Comparison
This section compares GMS Inc's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $1,273,833,532
- Average return on equity (ROE) among peers: 21.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GMS Inc (GMS) | $1.45 Billion | -6.33% | 1.65x | $4.20 Billion |
| AAON Inc (AAON) | $1.70 Million | 58.82% | 7.41x | $5.70 Billion |
| Antelope Enterprise Holdings Ltd (AEHL) | $272.89 Million | -3.48% | 0.33x | $6.19 Million |
| Montana Technologies Corporation (AIRJ) | $252.11 Million | 85.56% | 0.47x | $168.04 Million |
| Apogee Enterprises Inc (APOG) | $137.77 Million | 8.84% | 2.49x | $790.49 Million |
| Alpha Pro Tech Ltd (APT) | $33.23 Million | 9.03% | 0.15x | $64.06 Million |
| Arlo Technologies (ARLO) | $276.61 Million | -24.72% | 1.15x | $1.40 Billion |
| Armstrong World Industries Inc (AWI) | $1.09 Billion | 1.01% | 1.68x | $7.23 Billion |
| Azek Company Inc (AZEK) | $1.44 Billion | 4.65% | 0.65x | $7.82 Billion |
| Builders FirstSource Inc (BLDR) | $1.15 Billion | 27.20% | 2.62x | $6.84 Billion |
| Carrier Global Corp (CARR) | $8.08 Billion | 43.76% | 2.23x | $45.64 Billion |
About GMS Inc
GMS Inc. operates a network of distribution centers that offer wallboard, ceilings, steel framing, and complementary construction products in the United States and Canada. The company offers wallboards for interior and exterior walls and ceilings in residential and commercial structures; ceiling products, including suspended mineral fibers, soft fibers, and metal ceiling systems used in offices, … Read more