Planet Labs PBC (PL) - Net Assets
Based on the latest financial reports, Planet Labs PBC (PL) has net assets worth $349.56 Million USD as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.11 Billion) and total liabilities ($756.50 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. Also explore PL total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $349.56 Million |
| % of Total Assets | 31.6% |
| Annual Growth Rate | 15.18% |
| 5-Year Change | 310.46% |
| 10-Year Change | N/A |
| Growth Volatility | 210.38 |
Planet Labs PBC - Net Assets Trend (2020–2025)
This chart illustrates how Planet Labs PBC's net assets have evolved over time, based on quarterly financial data. Check Planet Labs PBC tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Planet Labs PBC (2020–2025)
The table below shows the annual net assets of Planet Labs PBC from 2020 to 2025. For live valuation and market cap data, see PL market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-01-31 | $441.29 Million | -14.81% |
| 2024-01-31 | $518.02 Million | -10.08% |
| 2023-01-31 | $576.10 Million | -11.13% |
| 2022-01-31 | $648.25 Million | +502.96% |
| 2021-01-31 | $107.51 Million | -50.60% |
| 2020-01-31 | $217.64 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Planet Labs PBC'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 69019900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (January 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $28.00K | 0.01% |
| Other Comprehensive Income | $-1.10 Million | -0.25% |
| Other Components | $1.65 Billion | 372.85% |
| Total Equity | $441.29 Million | 100.00% |
Planet Labs PBC Competitors by Market Cap
The table below lists competitors of Planet Labs PBC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GPT Group
AU:GPT
|
$7.10 Billion |
|
Oberoi Realty Limited
NSE:OBEROIRLTY
|
$7.10 Billion |
|
FRONTLINE PLC DL 1
F:HF6
|
$7.11 Billion |
|
ALPHA SE+H.ADR1/4/EO 390
F:ACBC
|
$7.11 Billion |
|
E Ink Holdings
TWO:8069
|
$7.10 Billion |
|
Qingdao Port International Co Ltd
SHG:601298
|
$7.09 Billion |
|
Delivery Hero SE
XETRA:DHER
|
$7.08 Billion |
|
Praxis Precision Medicines Inc
NASDAQ:PRAX
|
$7.08 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Planet Labs PBC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 518,018,000 to 441,286,000, a change of -76,732,000 (-14.8%).
- Net loss of 123,196,000 reduced equity.
- Share repurchases of 5,924,000 reduced equity.
- Other comprehensive income decreased equity by 2,691,000.
- Other factors increased equity by 55,079,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-123.20 Million | -27.92% |
| Share Repurchases | $5.92 Million | -1.34% |
| Other Comprehensive Income | $-2.69 Million | -0.61% |
| Other Changes | $55.08 Million | +12.48% |
| Total Change | $- | -14.81% |
Book Value vs Market Value Analysis
This analysis compares Planet Labs PBC'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: 14.80x
- 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 increased from 4.43x to 14.80x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-01-31 | $5.05 | $22.35 | x |
| 2021-01-31 | $2.49 | $22.35 | x |
| 2022-01-31 | $2.47 | $22.35 | x |
| 2023-01-31 | $2.16 | $22.35 | x |
| 2024-01-31 | $1.85 | $22.35 | x |
| 2025-01-31 | $1.51 | $22.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Planet Labs PBC 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): -27.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -50.42%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.44x
- Recent ROE (-27.92%) is above the historical average (-46.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -56.84% | -129.22% | 0.26x | 1.67x | $-145.48 Million |
| 2021 | -118.22% | -112.31% | 0.28x | 3.71x | $-137.85 Million |
| 2022 | -21.15% | -104.51% | 0.16x | 1.27x | $-201.95 Million |
| 2023 | -28.11% | -84.69% | 0.25x | 1.31x | $-219.58 Million |
| 2024 | -27.12% | -63.67% | 0.31x | 1.36x | $-192.31 Million |
| 2025 | -27.92% | -50.42% | 0.39x | 1.44x | $-167.32 Million |
Industry Comparison
This section compares Planet Labs PBC's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $1,117,055,197
- Average return on equity (ROE) among peers: -0.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Planet Labs PBC (PL) | $349.56 Million | -56.84% | 2.16x | $7.10 Billion |
| Archer Aviation Inc (ACHR) | $2.20 Billion | -28.06% | 0.12x | $3.97 Billion |
| AAR Corp (AIR) | $301.68 Million | 1.16% | 1.35x | $5.43 Billion |
| Air Industries Group (AIRI) | $10.21 Million | -26.77% | 4.01x | $14.65 Million |
| AIRO Group Holdings, Inc. Common Stock (AIRO) | $548.73 Million | -7.05% | 0.28x | $208.67 Million |
| Arxis, Inc. Class A Common Stock (ARXS) | $2.98 Billion | -1.86% | 1.12x | $4.16 Billion |
| Astronics Corporation (ATRO) | $6.10 Million | -32.79% | 2.95x | $2.42 Billion |
| AeroVironment Inc (AVAV) | $34.30 Million | 33.26% | 0.89x | $8.50 Billion |
| AEVEX Corp. (AVEX) | $164.27 Million | 47.82% | 2.39x | $999.66 Million |
| Axon Enterprise Inc. (AXON) | $99.33 Million | -4.12% | 0.21x | $37.06 Billion |
| The Boeing Company (BA) | $4.83 Billion | 13.78% | 1.29x | $174.71 Billion |
About Planet Labs PBC
Planet Labs PBC engages in the design, construction, and launch constellations of satellites with the intent of providing high cadence geospatial data delivered to customers through an online platform the United States and internationally. The company's platform offers planet monitoring, tasking, archive, apps, application programming interfaces (APIs), basemaps, and fusion, as well as analytic f… Read more