Aeroports de Paris SA (ADP) - Net Assets

Latest as of December 2025: €5.41 Billion EUR

Based on the latest financial reports, Aeroports de Paris SA (ADP) has net assets worth €5.41 Billion EUR as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€20.27 Billion) and total liabilities (€14.86 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.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€5.41 Billion
% of Total Assets	26.68%
Annual Growth Rate	5.45%
5-Year Change	27.79%
10-Year Change	26.01%
Growth Volatility	11.7

Aeroports de Paris SA - Net Assets Trend (2000–2025)

This chart illustrates how Aeroports de Paris SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Aeroports de Paris SA (2000–2025)

The table below shows the annual net assets of Aeroports de Paris SA from 2000 to 2025.

Year	Net Assets	Change
2025-12-31	€5.41 Billion	-1.90%
2024-12-31	€5.51 Billion	+4.06%
2023-12-31	€5.30 Billion	+7.84%
2022-12-31	€4.91 Billion	+16.10%
2021-12-31	€4.23 Billion	-0.77%
2020-12-31	€4.26 Billion	-29.65%
2019-12-31	€6.06 Billion	+4.48%
2018-12-31	€5.80 Billion	+6.75%
2017-12-31	€5.43 Billion	+26.64%
2016-12-31	€4.29 Billion	+3.85%
2015-12-31	€4.13 Billion	+3.82%
2014-12-31	€3.98 Billion	+4.68%
2013-12-31	€3.80 Billion	+1.86%
2012-12-31	€3.73 Billion	+3.70%
2011-12-31	€3.60 Billion	+5.63%
2010-12-31	€3.41 Billion	+5.42%
2009-12-31	€3.23 Billion	+4.36%
2008-12-31	€3.10 Billion	+4.93%
2007-12-31	€2.95 Billion	+5.93%
2006-12-31	€2.79 Billion	+37.23%
2005-12-31	€2.03 Billion	+9.84%
2004-12-31	€1.85 Billion	+25.15%
2003-12-31	€1.48 Billion	-3.75%
2002-12-31	€1.53 Billion	+4.91%
2001-12-31	€1.46 Billion	+1.99%
2000-12-31	€1.43 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Aeroports de Paris SA'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 953.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	€3.89 Billion	89.48%
Common Stock	€297.00 Million	6.83%
Other Components	€160.00 Million	3.68%
Total Equity	€4.35 Billion	100.00%

Aeroports de Paris SA Competitors by Market Cap

The table below lists competitors of Aeroports de Paris SA ranked by their market capitalization.

Company	Market Cap
Dycom Industries Inc NYSE:DY	$11.74 Billion
Equinox Gold Corp NYSE MKT:EQX	$11.74 Billion
Healthpeak Properties Inc NYSE:DOC	$11.75 Billion
Lamar Advertising Company NASDAQ:LAMR	$11.75 Billion
Elanco Animal Health NYSE:ELAN	$11.72 Billion
Guangdong Haid Group Co Ltd SHE:002311	$11.71 Billion
WinWay Technology Co. Ltd TW:6515	$11.70 Billion
Fox Corporation SA:FOXC34	$11.68 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Aeroports de Paris SA's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 4,415,000,000 to 4,346,000,000, a change of -69,000,000 (-1.6%).
Net income of 381,000,000 contributed positively to equity growth.
Dividend payments of 296,000,000 reduced retained earnings.
Share repurchases of 9,000,000 reduced equity.
Other comprehensive income increased equity by 210,000,000.
Other factors decreased equity by 355,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	€381.00 Million	+8.77%
Dividends Paid	€296.00 Million	-6.81%
Share Repurchases	€9.00 Million	-0.21%
Other Comprehensive Income	€210.00 Million	+4.83%
Other Changes	€-355.00 Million	-8.17%
Total Change	€-	-1.56%

Book Value vs Market Value Analysis

This analysis compares Aeroports de Paris SA'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: 2.60x
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 5.29x to 2.60x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2004-12-31	€21.66	€114.50	x
2005-12-31	€23.79	€114.50	x
2006-12-31	€30.05	€114.50	x
2007-12-31	€29.84	€114.50	x
2008-12-31	€31.31	€114.50	x
2009-12-31	€32.69	€114.50	x
2010-12-31	€34.42	€114.50	x
2011-12-31	€36.37	€114.50	x
2012-12-31	€37.72	€114.50	x
2013-12-31	€38.42	€114.50	x
2014-12-31	€40.21	€114.50	x
2015-12-31	€41.68	€114.50	x
2016-12-31	€43.30	€114.50	x
2017-12-31	€46.25	€114.50	x
2018-12-31	€49.01	€114.50	x
2019-12-31	€50.85	€114.50	x
2020-12-31	€36.91	€114.50	x
2021-12-31	€35.53	€114.50	x
2022-12-31	€40.69	€114.50	x
2023-12-31	€44.22	€114.50	x
2024-12-31	€44.72	€114.50	x
2025-12-31	€44.03	€114.50	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Aeroports de Paris SA 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): 8.77%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.68%
• Asset Turnover: 0.33x
• Equity Multiplier: 4.66x
Recent ROE (8.77%) is above the historical average (6.98%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2000	8.48%	8.36%	0.40x	2.55x	€-21.79 Million
2001	0.46%	0.47%	0.36x	2.68x	€-139.55 Million
2002	5.62%	5.83%	0.33x	2.88x	€-67.25 Million
2003	9.00%	7.53%	0.35x	3.40x	€-14.31 Million
2004	7.79%	7.95%	0.33x	2.98x	€-40.82 Million
2005	8.86%	9.40%	0.32x	2.99x	€-23.14 Million
2006	5.46%	7.33%	0.32x	2.35x	€-126.54 Million
2007	10.91%	14.05%	0.34x	2.32x	€26.98 Million
2008	8.80%	10.79%	0.35x	2.36x	€-37.11 Million
2009	8.34%	10.23%	0.33x	2.47x	€-53.76 Million
2010	8.81%	10.96%	0.33x	2.43x	€-40.51 Million
2011	9.66%	13.90%	0.28x	2.46x	€-12.11 Million
2012	9.07%	12.82%	0.28x	2.51x	€-34.64 Million
2013	7.94%	10.71%	0.29x	2.54x	€-78.20 Million
2014	10.10%	14.40%	0.29x	2.46x	€4.10 Million
2015	10.42%	14.65%	0.28x	2.53x	€17.50 Million
2016	10.15%	14.76%	0.28x	2.47x	€6.60 Million
2017	12.48%	15.79%	0.25x	3.12x	€113.30 Million
2018	12.58%	15.22%	0.25x	3.31x	€125.00 Million
2019	11.69%	12.51%	0.28x	3.34x	€84.80 Million
2020	-32.01%	-54.70%	0.12x	5.08x	€-1.53 Billion
2021	-7.05%	-8.93%	0.15x	5.22x	€-599.60 Million
2022	12.82%	11.01%	0.25x	4.68x	€113.50 Million
2023	14.46%	11.48%	0.28x	4.51x	€194.70 Million
2024	7.75%	5.55%	0.31x	4.57x	€-99.50 Million
2025	8.77%	5.68%	0.33x	4.66x	€-53.60 Million

Industry Comparison

This section compares Aeroports de Paris SA's net assets metrics with peer companies in the Airports & Air Services industry.

No peer company data available for comparison.

About Aeroports de Paris SA

PA:ADP France Airports & Air Services

Market Cap

$13.25 Billion

€11.33 Billion EUR

Market Cap Rank

#1789 Global

#33 in France

Share Price

€114.50

Change (1 day)

+3.71%

52-Week Range

€102.50 - €131.80

All Time High

€185.31