Aecon Group Inc
Aecon Group Inc., together with its subsidiaries, provide construction and infrastructure development services to private and public sector clients in Canada, the United States, and internationally. It operates through two segments, Construction and Concessions. The Construction segment focuses on civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastr… Read more
Aecon Group Inc (AEGXF) - Net Assets
Latest net assets as of December 2025: $928.00 Million USD
Based on the latest financial reports, Aecon Group Inc (AEGXF) has net assets worth $928.00 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 ($3.99 Billion) and total liabilities ($3.06 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 | $928.00 Million |
| % of Total Assets | 23.28% |
| Annual Growth Rate | 13.77% |
| 5-Year Change | 1.58% |
| 10-Year Change | 23.14% |
| Growth Volatility | 25.16 |
Aecon Group Inc - Net Assets Trend (1996–2025)
This chart illustrates how Aecon Group 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 Aecon Group Inc (1996–2025)
The table below shows the annual net assets of Aecon Group Inc from 1996 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $928.00 Million | -3.58% |
| 2024-12-31 | $962.44 Million | -9.57% |
| 2023-12-31 | $1.06 Billion | +11.57% |
| 2022-12-31 | $954.00 Million | +4.43% |
| 2021-12-31 | $913.57 Million | +4.51% |
| 2020-12-31 | $874.11 Million | +1.88% |
| 2019-12-31 | $858.00 Million | +3.99% |
| 2018-12-31 | $825.06 Million | +6.95% |
| 2017-12-31 | $771.48 Million | +2.37% |
| 2016-12-31 | $753.60 Million | +4.95% |
| 2015-12-31 | $718.05 Million | +9.47% |
| 2014-12-31 | $655.95 Million | +11.82% |
| 2013-12-31 | $586.61 Million | +6.74% |
| 2012-12-31 | $549.57 Million | +12.18% |
| 2011-12-31 | $489.88 Million | +2.92% |
| 2010-12-31 | $475.96 Million | +2.95% |
| 2009-12-31 | $462.32 Million | +20.17% |
| 2008-12-31 | $384.71 Million | +69.97% |
| 2007-12-31 | $226.34 Million | +47.36% |
| 2006-12-31 | $153.60 Million | +44.46% |
| 2005-12-31 | $106.33 Million | +3.28% |
| 2004-12-31 | $102.96 Million | -11.98% |
| 2003-12-31 | $116.97 Million | -11.09% |
| 2002-12-31 | $131.55 Million | +31.85% |
| 2001-12-31 | $99.78 Million | +14.56% |
| 2000-12-31 | $87.09 Million | +19.96% |
| 1999-12-31 | $72.60 Million | +109.22% |
| 1998-12-31 | $34.70 Million | +15.28% |
| 1997-12-31 | $30.10 Million | +36.82% |
| 1996-12-31 | $22.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Aecon Group 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 1795.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $399.84 Million | 43.41% |
| Common Stock | $466.45 Million | 50.65% |
| Other Comprehensive Income | $-5.41 Million | -0.59% |
| Other Components | $60.10 Million | 6.53% |
| Total Equity | $920.99 Million | 100.00% |
Aecon Group Inc Competitors by Market Cap
The table below lists competitors of Aecon Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Medartis Holding AG
PINK:MDRSF
|
$737.57 Million |
|
Hanmi Financial Corporation
NASDAQ:HAFC
|
$737.82 Million |
|
Ratos AB (publ)
PINK:RTOBF
|
$737.88 Million |
|
Taiflex Scientific Co Ltd
TW:8039
|
$738.01 Million |
|
WHA Premium Growth Freehold And Leasehold Real Estate Investment Trust
BK:WHART
|
$737.43 Million |
|
LegalZoom.com Inc
NASDAQ:LZ
|
$736.98 Million |
|
Cartesian Growth Corporation II Warrant
NASDAQ:RENEW
|
$736.93 Million |
|
Shanghai Fullhan Microelectronics Co Ltd
SHE:300613
|
$736.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aecon Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 956,120,000 to 920,988,842, a change of -35,131,158 (-3.7%).
- Net income of 15,149,643 contributed positively to equity growth.
- Dividend payments of 47,860,964 reduced retained earnings.
- Share repurchases of 8,758,856 reduced equity.
- Other comprehensive income decreased equity by 7,704,587.
- Other factors increased equity by 14,043,606.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $15.15 Million | +1.64% |
| Dividends Paid | $47.86 Million | -5.2% |
| Share Repurchases | $8.76 Million | -0.95% |
| Other Comprehensive Income | $-7.70 Million | -0.84% |
| Other Changes | $14.04 Million | +1.52% |
| Total Change | $- | -3.67% |
Book Value vs Market Value Analysis
This analysis compares Aecon Group 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: 0.83x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 5.27x to 0.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $2.20 | $11.59 | x |
| 1997-12-31 | $2.97 | $11.59 | x |
| 1998-12-31 | $3.50 | $11.59 | x |
| 1999-12-31 | $7.54 | $11.59 | x |
| 2000-12-31 | $5.19 | $11.59 | x |
| 2001-12-31 | $4.75 | $11.59 | x |
| 2002-12-31 | $5.19 | $11.59 | x |
| 2003-12-31 | $4.27 | $11.59 | x |
| 2004-12-31 | $3.27 | $11.59 | x |
| 2005-12-31 | $3.21 | $11.59 | x |
| 2006-12-31 | $4.14 | $11.59 | x |
| 2007-12-31 | $4.80 | $11.59 | x |
| 2008-12-31 | $7.68 | $11.59 | x |
| 2009-12-31 | $7.82 | $11.59 | x |
| 2010-12-31 | $6.25 | $11.59 | x |
| 2011-12-31 | $5.63 | $11.59 | x |
| 2012-12-31 | $6.88 | $11.59 | x |
| 2013-12-31 | $7.44 | $11.59 | x |
| 2014-12-31 | $7.78 | $11.59 | x |
| 2015-12-31 | $8.90 | $11.59 | x |
| 2016-12-31 | $10.42 | $11.59 | x |
| 2017-12-31 | $10.68 | $11.59 | x |
| 2018-12-31 | $11.16 | $11.59 | x |
| 2019-12-31 | $11.62 | $11.59 | x |
| 2020-12-31 | $11.52 | $11.59 | x |
| 2021-12-31 | $12.37 | $11.59 | x |
| 2022-12-31 | $15.65 | $11.59 | x |
| 2023-12-31 | $12.99 | $11.59 | x |
| 2024-12-31 | $14.33 | $11.59 | x |
| 2025-12-31 | $13.97 | $11.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aecon Group 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): 1.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.28%
- • Asset Turnover: 1.36x
- • Equity Multiplier: 4.33x
- Recent ROE (1.64%) is below the historical average (7.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 40.91% | 4.37% | 2.10x | 4.45x | $6.80 Million |
| 1997 | 26.58% | 4.16% | 1.96x | 3.26x | $4.99 Million |
| 1998 | 14.41% | 3.30% | 1.38x | 3.17x | $1.53 Million |
| 1999 | 8.40% | 2.86% | 0.46x | 6.34x | $-1.16 Million |
| 2000 | 19.12% | 1.65% | 1.91x | 6.04x | $7.94 Million |
| 2001 | 12.41% | 1.09% | 1.93x | 5.91x | $2.41 Million |
| 2002 | 0.17% | 0.02% | 2.08x | 3.92x | $-12.93 Million |
| 2003 | -11.86% | -1.43% | 2.01x | 4.13x | $-25.57 Million |
| 2004 | -40.43% | -4.15% | 2.20x | 4.42x | $-51.92 Million |
| 2005 | -1.07% | -0.10% | 2.22x | 4.74x | $-11.77 Million |
| 2006 | 7.49% | 1.03% | 1.55x | 4.66x | $-3.86 Million |
| 2007 | 21.79% | 3.29% | 1.64x | 4.04x | $26.59 Million |
| 2008 | 15.52% | 3.16% | 1.58x | 3.11x | $21.12 Million |
| 2009 | 9.70% | 1.96% | 1.34x | 3.69x | $-1.35 Million |
| 2010 | 5.84% | 0.99% | 1.31x | 4.47x | $-19.49 Million |
| 2011 | 11.83% | 1.99% | 1.46x | 4.08x | $8.92 Million |
| 2012 | 14.29% | 2.63% | 1.38x | 3.92x | $23.28 Million |
| 2013 | 6.92% | 1.32% | 1.54x | 3.40x | $-18.06 Million |
| 2014 | 4.58% | 1.15% | 1.43x | 2.79x | $-35.55 Million |
| 2015 | 9.56% | 2.35% | 1.56x | 2.61x | $-3.13 Million |
| 2016 | 6.20% | 1.46% | 1.60x | 2.66x | $-28.60 Million |
| 2017 | 3.65% | 1.00% | 1.11x | 3.28x | $-48.97 Million |
| 2018 | 7.15% | 1.81% | 1.11x | 3.55x | $-23.49 Million |
| 2019 | 8.49% | 2.11% | 1.11x | 3.63x | $-12.95 Million |
| 2020 | 10.07% | 2.42% | 1.11x | 3.76x | $619.30K |
| 2021 | 5.44% | 1.25% | 1.21x | 3.60x | $-41.67 Million |
| 2022 | 3.18% | 0.65% | 1.32x | 3.74x | $-65.02 Million |
| 2023 | 15.21% | 3.49% | 1.45x | 3.00x | $55.46 Million |
| 2024 | -6.23% | -1.40% | 1.32x | 3.37x | $-155.14 Million |
| 2025 | 1.64% | 0.28% | 1.36x | 4.33x | $-76.95 Million |
Industry Comparison
This section compares Aecon Group Inc's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,812,426,111
- Average return on equity (ROE) among peers: 17.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aecon Group Inc (AEGXF) | $928.00 Million | 40.91% | 3.30x | $737.44 Million |
| Arcosa Inc (ACA) | $2.43 Billion | 3.86% | 1.02x | $5.06 Billion |
| Aecom Technology Corporation (ACM) | $-181.00 Million | 0.00% | 0.00x | $11.42 Billion |
| ACS Actividades de Construcción y Servicios S.A (ACSAF) | $4.44 Billion | 29.55% | 6.70x | $8.35 Billion |
| Acciona S.A (ACXIF) | $6.30 Billion | 7.00% | 2.58x | $3.04 Billion |
| ÅF Pöyry AB (publ) (AFXXF) | $551.78 Million | 41.72% | 1.52x | $1.66 Billion |
| Abengoa S.A (AGOAF) | $797.49 Million | 15.10% | 9.17x | $1.82 Million |
| AF Gruppen ASA (AGRUF) | $1.95 Billion | 35.44% | 2.36x | $547.02 Million |
| Argan Inc (AGX) | $3.70 Million | 24.32% | 1.27x | $6.30 Billion |
| Amelco Corporation (AMLC) | $15.28 Million | 4.60% | 1.62x | $2.84 |