Tegna Inc (TGNA) - Net Assets
Based on the latest financial reports, Tegna Inc (TGNA) has net assets worth $3.12 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.81 Billion) and total liabilities ($3.69 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 Tegna Inc asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.12 Billion |
| % of Total Assets | 45.78% |
| Annual Growth Rate | 2.68% |
| 5-Year Change | 45.92% |
| 10-Year Change | 21.91% |
| Growth Volatility | 23.59 |
Tegna Inc - Net Assets Trend (1983–2024)
This chart illustrates how Tegna Inc's net assets have evolved over time, based on quarterly financial data. Also explore Tegna Inc balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Tegna Inc (1983–2024)
The table below shows the annual net assets of Tegna Inc from 1983 to 2024. For live valuation and market cap data, see how much is Tegna Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.03 Billion | +11.06% |
| 2023-12-31 | $2.72 Billion | -11.83% |
| 2022-12-31 | $3.09 Billion | +21.81% |
| 2021-12-31 | $2.54 Billion | +22.33% |
| 2020-12-31 | $2.07 Billion | +30.35% |
| 2019-12-31 | $1.59 Billion | +18.60% |
| 2018-12-31 | $1.34 Billion | +34.76% |
| 2017-12-31 | $995.04 Million | -61.72% |
| 2016-12-31 | $2.60 Billion | +4.75% |
| 2015-12-31 | $2.48 Billion | -29.30% |
| 2014-12-31 | $3.51 Billion | +20.63% |
| 2013-12-31 | $2.91 Billion | +14.07% |
| 2012-12-31 | $2.55 Billion | +1.53% |
| 2011-12-31 | $2.51 Billion | +3.88% |
| 2010-12-31 | $2.42 Billion | +38.39% |
| 2009-12-31 | $1.75 Billion | +38.07% |
| 2008-12-31 | $1.27 Billion | -86.00% |
| 2007-12-31 | $9.04 Billion | +7.50% |
| 2006-12-31 | $8.41 Billion | +10.67% |
| 2005-12-31 | $7.60 Billion | -7.99% |
| 2004-12-31 | $8.26 Billion | -3.05% |
| 2003-12-31 | $8.52 Billion | +23.20% |
| 2002-12-31 | $6.91 Billion | +20.50% |
| 2001-12-31 | $5.74 Billion | +12.39% |
| 2000-12-31 | $5.10 Billion | +10.23% |
| 1999-12-31 | $4.63 Billion | +16.33% |
| 1998-12-31 | $3.98 Billion | +14.37% |
| 1997-12-31 | $3.48 Billion | +18.73% |
| 1996-12-31 | $2.93 Billion | +36.60% |
| 1995-12-31 | $2.15 Billion | +17.75% |
| 1994-12-31 | $1.82 Billion | -4.49% |
| 1993-12-31 | $1.91 Billion | +20.75% |
| 1992-12-31 | $1.58 Billion | +2.64% |
| 1991-12-31 | $1.54 Billion | -25.38% |
| 1990-12-31 | $2.06 Billion | +3.37% |
| 1989-12-31 | $2.00 Billion | +11.72% |
| 1988-12-31 | $1.79 Billion | +11.00% |
| 1987-12-31 | $1.61 Billion | +12.25% |
| 1986-12-31 | $1.43 Billion | +12.44% |
| 1985-12-31 | $1.28 Billion | +11.66% |
| 1984-12-31 | $1.14 Billion | +11.63% |
| 1983-12-31 | $1.02 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tegna 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 880.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $8.55 Billion | 284.54% |
| Common Stock | $324.42 Million | 10.80% |
| Other Comprehensive Income | $-106.64 Million | -3.55% |
| Total Equity | $3.00 Billion | 100.00% |
Tegna Inc Competitors by Market Cap
The table below lists competitors of Tegna Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
People.Cn Co Ltd
SHG:603000
|
$3.23 Billion |
|
Greenland Holdings Corp Ltd
SHG:600606
|
$3.23 Billion |
|
Aerospace Auto
SHG:600151
|
$3.23 Billion |
|
Wienerberger AG
VI:WIE
|
$3.23 Billion |
|
Towne Bank
NASDAQ:TOWN
|
$3.23 Billion |
|
NBTM New Materials Group Co Ltd
SHG:600114
|
$3.23 Billion |
|
Business intelligence of Oriental Nations Corp Ltd
SHE:300166
|
$3.22 Billion |
|
Steadfast Group Limited
F:1S6
|
$3.22 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tegna Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,704,872,000 to 3,004,714,000, a change of 299,842,000 (11.1%).
- Net income of 599,818,000 contributed positively to equity growth.
- Dividend payments of 81,364,000 reduced retained earnings.
- Share repurchases of 274,827,000 reduced equity.
- Other comprehensive income increased equity by 12,966,000.
- Other factors increased equity by 43,249,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $599.82 Million | +19.96% |
| Dividends Paid | $81.36 Million | -2.71% |
| Share Repurchases | $274.83 Million | -9.15% |
| Other Comprehensive Income | $12.97 Million | +0.43% |
| Other Changes | $43.25 Million | +1.44% |
| Total Change | $- | 11.09% |
Book Value vs Market Value Analysis
This analysis compares Tegna 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: 1.13x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.27x to 1.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1983-12-31 | $3.19 | $20.03 | x |
| 1984-12-31 | $3.56 | $20.03 | x |
| 1985-12-31 | $3.98 | $20.03 | x |
| 1986-12-31 | $4.46 | $20.03 | x |
| 1987-12-31 | $4.99 | $20.03 | x |
| 1988-12-31 | $5.15 | $20.03 | x |
| 1989-12-31 | $5.82 | $20.03 | x |
| 1990-12-31 | $6.02 | $20.03 | x |
| 1991-12-31 | $4.90 | $20.03 | x |
| 1992-12-31 | $5.46 | $20.03 | x |
| 1993-12-31 | $6.47 | $20.03 | x |
| 1994-12-31 | $6.29 | $20.03 | x |
| 1995-12-31 | $7.66 | $20.03 | x |
| 1996-12-31 | $10.35 | $20.03 | x |
| 1997-12-31 | $12.21 | $20.03 | x |
| 1998-12-31 | $13.93 | $20.03 | x |
| 1999-12-31 | $16.43 | $20.03 | x |
| 2000-12-31 | $19.03 | $20.03 | x |
| 2001-12-31 | $21.50 | $20.03 | x |
| 2002-12-31 | $25.68 | $20.03 | x |
| 2003-12-31 | $30.98 | $20.03 | x |
| 2004-12-31 | $30.51 | $20.03 | x |
| 2005-12-31 | $30.74 | $20.03 | x |
| 2006-12-31 | $35.38 | $20.03 | x |
| 2007-12-31 | $38.61 | $20.03 | x |
| 2008-12-31 | $4.63 | $20.03 | x |
| 2009-12-31 | $6.82 | $20.03 | x |
| 2010-12-31 | $8.96 | $20.03 | x |
| 2011-12-31 | $9.59 | $20.03 | x |
| 2012-12-31 | $9.93 | $20.03 | x |
| 2013-12-31 | $11.50 | $20.03 | x |
| 2014-12-31 | $14.04 | $20.03 | x |
| 2015-12-31 | $9.54 | $20.03 | x |
| 2016-12-31 | $10.34 | $20.03 | x |
| 2017-12-31 | $4.58 | $20.03 | x |
| 2018-12-31 | $6.19 | $20.03 | x |
| 2019-12-31 | $7.30 | $20.03 | x |
| 2020-12-31 | $9.37 | $20.03 | x |
| 2021-12-31 | $11.33 | $20.03 | x |
| 2022-12-31 | $13.68 | $20.03 | x |
| 2023-12-31 | $13.01 | $20.03 | x |
| 2024-12-31 | $17.76 | $20.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tegna 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): 19.96%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.34%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 2.44x
- Recent ROE (19.96%) is above the historical average (16.37%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1983 | 18.76% | 11.25% | 1.01x | 1.65x | $89.50 Million |
| 1984 | 19.61% | 11.42% | 1.08x | 1.59x | $109.70 Million |
| 1985 | 19.86% | 11.46% | 0.96x | 1.81x | $125.78 Million |
| 1986 | 19.28% | 9.87% | 0.83x | 2.35x | $133.02 Million |
| 1987 | 19.85% | 10.37% | 0.88x | 2.18x | $158.46 Million |
| 1988 | 20.40% | 11.00% | 0.87x | 2.12x | $185.86 Million |
| 1989 | 19.92% | 11.30% | 0.93x | 1.90x | $197.92 Million |
| 1990 | 18.27% | 10.95% | 0.90x | 1.85x | $170.69 Million |
| 1991 | 19.59% | 8.92% | 0.92x | 2.39x | $147.65 Million |
| 1992 | 12.64% | 5.76% | 0.96x | 2.28x | $41.69 Million |
| 1993 | 20.85% | 10.92% | 0.95x | 2.00x | $207.01 Million |
| 1994 | 25.54% | 12.17% | 1.03x | 2.03x | $283.18 Million |
| 1995 | 22.25% | 11.91% | 0.62x | 3.03x | $262.74 Million |
| 1996 | 32.18% | 21.33% | 0.70x | 2.17x | $650.02 Million |
| 1997 | 20.48% | 15.07% | 0.69x | 1.98x | $364.73 Million |
| 1998 | 25.12% | 19.52% | 0.73x | 1.75x | $601.92 Million |
| 1999 | 20.69% | 18.21% | 0.58x | 1.95x | $494.94 Million |
| 2000 | 33.68% | 27.63% | 0.48x | 2.54x | $1.21 Billion |
| 2001 | 14.49% | 13.10% | 0.48x | 2.28x | $257.60 Million |
| 2002 | 16.78% | 18.06% | 0.47x | 1.99x | $468.95 Million |
| 2003 | 14.38% | 18.05% | 0.46x | 1.75x | $368.91 Million |
| 2004 | 16.13% | 17.84% | 0.48x | 1.89x | $500.79 Million |
| 2005 | 16.44% | 16.38% | 0.48x | 2.08x | $487.60 Million |
| 2006 | 13.85% | 14.45% | 0.50x | 1.94x | $322.56 Million |
| 2007 | 11.71% | 14.19% | 0.47x | 1.76x | $153.90 Million |
| 2008 | -168.86% | -26.35% | 0.87x | 7.38x | $-1.89 Billion |
| 2009 | 22.15% | 6.33% | 0.79x | 4.46x | $194.88 Million |
| 2010 | 27.18% | 10.82% | 0.80x | 3.15x | $371.83 Million |
| 2011 | 19.71% | 8.75% | 0.79x | 2.84x | $225.96 Million |
| 2012 | 18.05% | 7.93% | 0.84x | 2.71x | $189.22 Million |
| 2013 | 14.43% | 7.53% | 0.56x | 3.43x | $119.37 Million |
| 2014 | 32.63% | 17.68% | 0.54x | 3.44x | $736.68 Million |
| 2015 | 16.31% | 11.72% | 0.36x | 3.90x | $138.26 Million |
| 2016 | 19.55% | 13.29% | 0.39x | 3.76x | $217.03 Million |
| 2017 | 45.02% | 23.54% | 0.38x | 4.99x | $348.46 Million |
| 2018 | 29.93% | 18.18% | 0.42x | 3.94x | $267.25 Million |
| 2019 | 18.00% | 12.45% | 0.33x | 4.37x | $127.20 Million |
| 2020 | 23.46% | 16.43% | 0.43x | 3.33x | $276.97 Million |
| 2021 | 18.93% | 15.95% | 0.43x | 2.75x | $225.01 Million |
| 2022 | 20.52% | 19.23% | 0.45x | 2.39x | $323.30 Million |
| 2023 | 17.62% | 16.38% | 0.42x | 2.59x | $206.24 Million |
| 2024 | 19.96% | 19.34% | 0.42x | 2.44x | $299.35 Million |
Industry Comparison
This section compares Tegna Inc's net assets metrics with peer companies in the Broadcasting industry.
Industry Context
- Industry: Broadcasting
- Average net assets among peers: $200,856,038
- Average return on equity (ROE) among peers: -48.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tegna Inc (TGNA) | $3.12 Billion | 18.76% | 1.18x | $3.23 Billion |
| Beasley Broadcast Group Inc (BBGI) | $148.98 Million | -50.42% | 2.85x | $7.05 Million |
| Cumulus Media Inc Class A (CMLS) | $119.28 Million | -187.63% | 7.89x | $2.54 Million |
| Curiositystream Inc. (CURI) | $57.85 Million | -22.37% | 0.49x | $179.56 Million |
| CuriosityStream Inc (CURIW) | $44.97 Million | -108.06% | 0.97x | $112.98 |
| Fubotv Inc (FUBO) | $232.55 Million | -4.56% | 0.23x | $412.68 Million |
| Gray Television Inc (GTN) | $174.01 Million | 10.51% | 6.67x | $400.53 Million |
| Gray Television Inc (GTN-A) | $142.20 Million | -9.37% | 4.59x | $117.44 Million |
| iHeartMedia Inc Class A (IHRT) | $1.05 Billion | -182.21% | 7.76x | $527.25 Million |
| Mediaco Holding Inc (MDIA) | $46.98 Million | 65.81% | 1.20x | $51.19 Million |
| Newsmax, Inc. (NMAX) | $-9.07 Million | 0.00% | 0.00x | $569.90 Million |
About Tegna Inc
TEGNA Inc. operates as a broadcast and digital media company in the United States. The company engages in content and tools to help people navigate their daily lives. In addition, it delivers local news, information, and marketing solutions to audiences through a diverse range of platforms, including online, mobile apps, connected television (CTV), social media, and traditional linear television;… Read more