Barratt Developments PLC
Barratt Redrow plc engages in the housebuilding business in the United Kingdom. The company is also involved in the commercial development business, which includes offices, retail, leisure, industrial, and distribution properties under the Wilson Bowden Developments brand; and land development activities. In addition, it manufactures timber frames under the Oregon Timber Frame brand; and furnitur… Read more
Barratt Developments PLC (BTDPY) - Net Assets
Latest net assets as of December 2025: $7.76 Billion USD
Based on the latest financial reports, Barratt Developments PLC (BTDPY) has net assets worth $7.76 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($11.26 Billion) and total liabilities ($3.50 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 | $7.76 Billion |
| % of Total Assets | 68.95% |
| Annual Growth Rate | 9.61% |
| 5-Year Change | 44.4% |
| 10-Year Change | 96.32% |
| Growth Volatility | 18.73 |
Barratt Developments PLC - Net Assets Trend (1986–2025)
This chart illustrates how Barratt Developments PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Barratt Developments PLC (1986–2025)
The table below shows the annual net assets of Barratt Developments PLC from 1986 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $7.87 Billion | +44.75% |
| 2024-06-30 | $5.44 Billion | -2.81% |
| 2023-06-30 | $5.60 Billion | -0.62% |
| 2022-06-30 | $5.63 Billion | +3.29% |
| 2021-06-30 | $5.45 Billion | +12.64% |
| 2020-06-30 | $4.84 Billion | -0.59% |
| 2019-06-30 | $4.87 Billion | +5.90% |
| 2018-06-30 | $4.60 Billion | +6.37% |
| 2017-06-30 | $4.32 Billion | +7.78% |
| 2016-06-30 | $4.01 Billion | +8.05% |
| 2015-06-30 | $3.71 Billion | +10.65% |
| 2014-06-30 | $3.35 Billion | +9.14% |
| 2013-06-30 | $3.07 Billion | +3.34% |
| 2012-06-30 | $2.97 Billion | +1.49% |
| 2011-06-30 | $2.93 Billion | +1.03% |
| 2010-06-30 | $2.90 Billion | +24.39% |
| 2009-06-30 | $2.33 Billion | -18.70% |
| 2008-06-30 | $2.87 Billion | -1.04% |
| 2007-06-30 | $2.90 Billion | +88.19% |
| 2006-06-30 | $1.54 Billion | +16.17% |
| 2005-06-30 | $1.33 Billion | +18.77% |
| 2004-06-30 | $1.12 Billion | +22.80% |
| 2003-06-30 | $908.90 Million | +19.67% |
| 2002-06-30 | $759.50 Million | +20.35% |
| 2001-06-30 | $631.10 Million | +19.37% |
| 2000-06-30 | $528.70 Million | +16.38% |
| 1999-06-30 | $454.30 Million | +13.75% |
| 1998-06-30 | $399.40 Million | +12.07% |
| 1997-06-30 | $356.40 Million | +7.35% |
| 1996-06-30 | $332.00 Million | +49.68% |
| 1995-06-30 | $221.80 Million | +7.98% |
| 1994-06-30 | $205.40 Million | +6.70% |
| 1993-06-30 | $192.50 Million | +6.71% |
| 1992-06-30 | $180.40 Million | +5.50% |
| 1991-06-30 | $171.00 Million | -36.88% |
| 1990-06-30 | $270.90 Million | +0.52% |
| 1989-06-30 | $269.50 Million | +9.87% |
| 1988-06-30 | $245.30 Million | +6.56% |
| 1987-06-30 | $230.20 Million | +4.92% |
| 1986-06-30 | $219.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Barratt Developments PLC'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 3456.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.87 Billion | 49.20% |
| Common Stock | $144.00 Million | 1.83% |
| Other Comprehensive Income | $3.63 Billion | 46.09% |
| Other Components | $226.80 Million | 2.88% |
| Total Equity | $7.87 Billion | 100.00% |
Barratt Developments PLC Competitors by Market Cap
The table below lists competitors of Barratt Developments PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
First Quantum Minerals Ltd
PINK:FQVLF
|
$7.57 Billion |
|
Accor S. A.
PA:AC
|
$7.58 Billion |
|
Indutrade AB (publ)
PINK:IDDWF
|
$7.58 Billion |
|
Fujikura Ltd.
PINK:FKURF
|
$7.58 Billion |
|
China Jushi Co Ltd
SHG:600176
|
$7.56 Billion |
|
Shimadzu Corporation
PINK:SHMZF
|
$7.56 Billion |
|
Aegon Ltd.
F:J060
|
$7.54 Billion |
|
Wynn Resorts Limited
NASDAQ:WYNN
|
$7.54 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Barratt Developments PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,439,000,000 to 7,872,900,000, a change of 2,433,900,000 (44.7%).
- Net income of 186,400,000 contributed positively to equity growth.
- Dividend payments of 249,300,000 reduced retained earnings.
- Share repurchases of 50,300,000 reduced equity.
- New share issuances of 300,000 increased equity.
- Other comprehensive income increased equity by 2,485,399,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $186.40 Million | +2.37% |
| Dividends Paid | $249.30 Million | -3.17% |
| Share Repurchases | $50.30 Million | -0.64% |
| Share Issuances | $300.00K | +0.0% |
| Other Comprehensive Income | $2.49 Billion | +31.57% |
| Other Changes | $61.40 Million | +0.78% |
| Total Change | $- | 44.75% |
Book Value vs Market Value Analysis
This analysis compares Barratt Developments PLC'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: 0.93x
- 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 6.87x to 0.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-06-30 | $1.53 | $10.52 | x |
| 1987-06-30 | $1.61 | $10.52 | x |
| 1988-06-30 | $1.71 | $10.52 | x |
| 1989-06-30 | $1.88 | $10.52 | x |
| 1990-06-30 | $1.88 | $10.52 | x |
| 1991-06-30 | $1.18 | $10.52 | x |
| 1992-06-30 | $1.24 | $10.52 | x |
| 1993-06-30 | $1.33 | $10.52 | x |
| 1994-06-30 | $1.41 | $10.52 | x |
| 1995-06-30 | $1.51 | $10.52 | x |
| 1996-06-30 | $2.18 | $10.52 | x |
| 1997-06-30 | $2.02 | $10.52 | x |
| 1998-06-30 | $2.24 | $10.52 | x |
| 1999-06-30 | $2.54 | $10.52 | x |
| 2000-06-30 | $2.98 | $10.52 | x |
| 2001-06-30 | $3.57 | $10.52 | x |
| 2002-06-30 | $4.27 | $10.52 | x |
| 2003-06-30 | $5.10 | $10.52 | x |
| 2004-06-30 | $6.19 | $10.52 | x |
| 2005-06-30 | $7.30 | $10.52 | x |
| 2006-06-30 | $8.32 | $10.52 | x |
| 2007-06-30 | $14.46 | $10.52 | x |
| 2008-06-30 | $10.85 | $10.52 | x |
| 2009-06-30 | $8.96 | $10.52 | x |
| 2010-06-30 | $7.11 | $10.52 | x |
| 2011-06-30 | $6.10 | $10.52 | x |
| 2012-06-30 | $6.07 | $10.52 | x |
| 2013-06-30 | $6.15 | $10.52 | x |
| 2014-06-30 | $6.66 | $10.52 | x |
| 2015-06-30 | $7.34 | $10.52 | x |
| 2016-06-30 | $7.90 | $10.52 | x |
| 2017-06-30 | $8.50 | $10.52 | x |
| 2018-06-30 | $9.00 | $10.52 | x |
| 2019-06-30 | $9.49 | $10.52 | x |
| 2020-06-30 | $9.41 | $10.52 | x |
| 2021-06-30 | $10.58 | $10.52 | x |
| 2022-06-30 | $10.89 | $10.52 | x |
| 2023-06-30 | $11.10 | $10.52 | x |
| 2024-06-30 | $11.02 | $10.52 | x |
| 2025-06-30 | $11.26 | $10.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Barratt Developments PLC 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): 2.37%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.34%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.47x
- Recent ROE (2.37%) is below the historical average (9.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 8.02% | 3.96% | 1.18x | 1.72x | $-4.34 Million |
| 1987 | 11.77% | 6.27% | 1.01x | 1.86x | $4.08 Million |
| 1988 | 17.08% | 7.91% | 1.16x | 1.85x | $17.37 Million |
| 1989 | 18.07% | 8.30% | 1.00x | 2.18x | $21.75 Million |
| 1990 | 7.16% | 3.35% | 0.96x | 2.23x | $-7.69 Million |
| 1991 | -54.56% | -20.03% | 0.95x | 2.86x | $-110.40 Million |
| 1992 | 7.82% | 3.22% | 1.17x | 2.08x | $-3.94 Million |
| 1993 | 8.73% | 4.15% | 1.01x | 2.08x | $-2.45 Million |
| 1994 | 11.34% | 4.67% | 1.17x | 2.07x | $2.76 Million |
| 1995 | 13.17% | 5.04% | 1.12x | 2.34x | $7.02 Million |
| 1996 | 10.72% | 5.61% | 1.05x | 1.83x | $2.40 Million |
| 1997 | 12.88% | 6.42% | 1.09x | 1.84x | $10.26 Million |
| 1998 | 15.80% | 7.09% | 1.15x | 1.93x | $23.16 Million |
| 1999 | 17.02% | 7.66% | 1.11x | 2.01x | $31.87 Million |
| 2000 | 18.95% | 8.02% | 1.17x | 2.02x | $47.33 Million |
| 2001 | 20.08% | 8.40% | 1.15x | 2.08x | $63.59 Million |
| 2002 | 20.82% | 8.79% | 1.10x | 2.15x | $82.15 Million |
| 2003 | 22.71% | 9.51% | 1.14x | 2.10x | $115.51 Million |
| 2004 | 23.34% | 10.35% | 1.11x | 2.04x | $148.89 Million |
| 2005 | 21.28% | 11.35% | 0.90x | 2.08x | $149.54 Million |
| 2006 | 17.86% | 11.31% | 0.86x | 1.83x | $121.01 Million |
| 2007 | 10.29% | 9.79% | 0.50x | 2.11x | $8.50 Million |
| 2008 | 3.01% | 2.43% | 0.59x | 2.11x | $-200.38 Million |
| 2009 | -20.10% | -20.51% | 0.45x | 2.16x | $-701.76 Million |
| 2010 | -4.08% | -5.82% | 0.39x | 1.82x | $-408.42 Million |
| 2011 | -0.47% | -0.68% | 0.43x | 1.63x | $-306.81 Million |
| 2012 | 2.27% | 2.90% | 0.49x | 1.60x | $-229.98 Million |
| 2013 | 2.43% | 2.87% | 0.54x | 1.58x | $-232.62 Million |
| 2014 | 9.13% | 9.67% | 0.61x | 1.54x | $-29.20 Million |
| 2015 | 12.14% | 11.95% | 0.64x | 1.60x | $79.16 Million |
| 2016 | 13.75% | 12.99% | 0.66x | 1.61x | $150.17 Million |
| 2017 | 14.28% | 13.24% | 0.70x | 1.54x | $184.49 Million |
| 2018 | 14.63% | 13.78% | 0.70x | 1.51x | $212.68 Million |
| 2019 | 15.22% | 15.54% | 0.65x | 1.52x | $253.79 Million |
| 2020 | 8.26% | 11.69% | 0.50x | 1.42x | $-84.19 Million |
| 2021 | 12.10% | 13.71% | 0.64x | 1.37x | $114.70 Million |
| 2022 | 9.15% | 9.78% | 0.64x | 1.46x | $-47.95 Million |
| 2023 | 9.48% | 9.97% | 0.66x | 1.43x | $-29.29 Million |
| 2024 | 2.10% | 2.74% | 0.53x | 1.45x | $-429.80 Million |
| 2025 | 2.37% | 3.34% | 0.48x | 1.47x | $-600.89 Million |
Industry Comparison
This section compares Barratt Developments PLC's net assets metrics with peer companies in the Residential Construction industry.
Industry Context
- Industry: Residential Construction
- Average net assets among peers: $2,461,011,556
- Average return on equity (ROE) among peers: -3.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Barratt Developments PLC (BTDPY) | $7.76 Billion | 8.02% | 0.45x | $7.57 Billion |
| Auscrete Corp (ASCK) | $-17.40K | 0.00% | 0.00x | $6.25K |
| BDCC (BDCC) | $977.67K | -17.59% | 0.06x | $875.45K |
| Vistry Group PLC (BVHMF) | $710.82 Million | 1.97% | 0.31x | $1.54 Billion |
| BVHMY (BVHMY) | $3.32 Billion | 6.48% | 0.83x | $1.44 Billion |
| Beazer Homes USA Inc (BZH) | $262.25 Million | -55.42% | 6.56x | $530.34 Million |
| Calgro M3 Holdings Limited (CLMHF) | $1.43 Billion | 11.51% | 1.28x | $27.19 Million |
| Cairn Homes plc (CNHHY) | $778.78 Million | 5.55% | 0.30x | $1.56 Billion |
| Consorcio ARA S. A. B. de C. V. (CNRFF) | $15.56 Billion | 4.41% | 0.56x | $85.90 Million |
| Cavco Industries Inc (CVCO) | $85.70 Million | 8.05% | 0.66x | $3.69 Billion |