Drax Group plc
Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. It operates through Pellet Production, Biomass Generation, Flexible Generation, and Energy Solutions segments. The company provides renewable, dispatchable power, and system support services. It is also involved in production and sale of biomass pellets; generation and sale of electricity … Read more
Drax Group plc (DRXGF) - Net Assets
Latest net assets as of December 2025: $1.71 Billion USD
Based on the latest financial reports, Drax Group plc (DRXGF) has net assets worth $1.71 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 ($4.49 Billion) and total liabilities ($2.78 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 | $1.71 Billion |
| % of Total Assets | 38.11% |
| Annual Growth Rate | N/A |
| 5-Year Change | 31.08% |
| 10-Year Change | -16.25% |
| Growth Volatility | 52.38 |
Drax Group plc - Net Assets Trend (2002–2025)
This chart illustrates how Drax Group 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 Drax Group plc (2002–2025)
The table below shows the annual net assets of Drax Group plc from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.71 Billion | -17.93% |
| 2024-12-31 | $2.09 Billion | +5.25% |
| 2023-12-31 | $1.98 Billion | +49.75% |
| 2022-12-31 | $1.32 Billion | +1.33% |
| 2021-12-31 | $1.31 Billion | -2.43% |
| 2020-12-31 | $1.34 Billion | -21.93% |
| 2019-12-31 | $1.72 Billion | -3.13% |
| 2018-12-31 | $1.77 Billion | +2.96% |
| 2017-12-31 | $1.72 Billion | -15.90% |
| 2016-12-31 | $2.05 Billion | +27.63% |
| 2015-12-31 | $1.60 Billion | +1.89% |
| 2014-12-31 | $1.57 Billion | +11.54% |
| 2013-12-31 | $1.41 Billion | -4.56% |
| 2012-12-31 | $1.48 Billion | +13.34% |
| 2011-12-31 | $1.30 Billion | +36.05% |
| 2010-12-31 | $958.00 Million | -6.51% |
| 2009-12-31 | $1.02 Billion | +47.80% |
| 2008-12-31 | $693.30 Million | +92.05% |
| 2007-12-31 | $361.00 Million | -46.68% |
| 2006-12-31 | $677.10 Million | +207.49% |
| 2005-12-31 | $220.20 Million | +150.73% |
| 2004-12-31 | $-434.10 Million | -2.43% |
| 2003-12-31 | $-423.80 Million | -88.27% |
| 2002-12-31 | $-225.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Drax Group 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 202221998000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.11 Billion | 64.84% |
| Common Stock | $49.89 Million | 2.91% |
| Other Comprehensive Income | $103.88 Million | 6.06% |
| Other Components | $448.43 Million | 26.18% |
| Total Equity | $1.71 Billion | 100.00% |
Drax Group plc Competitors by Market Cap
The table below lists competitors of Drax Group plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kangmei Pharmaceutical Co Ltd
SHG:600518
|
$2.56 Billion |
|
Waaree Energies Limited
NSE:WAAREEENER
|
$2.56 Billion |
|
McGrath RentCorp
NASDAQ:MGRC
|
$2.56 Billion |
|
China Resources Double-Crane Pharmaceutical Co Ltd
SHG:600062
|
$2.56 Billion |
|
Zydus Lifesciences Limited
NSE:ZYDUSLIFE
|
$2.56 Billion |
|
HEXPOL AB (publ)
OTCGREY:HXXPY
|
$2.56 Billion |
|
Avangrid Inc
NYSE:AGR
|
$2.56 Billion |
|
Man Group plc
PINK:MNGPF
|
$2.56 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Drax Group plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,077,300,000 to 1,712,922,379, a change of -364,377,621 (-17.5%).
- Net income of 72,988,170 contributed positively to equity growth.
- Dividend payments of 95,684,492 reduced retained earnings.
- Share repurchases of 221,064,171 reduced equity.
- Other comprehensive income decreased equity by 676,316,837.
- Other factors increased equity by 555,699,709.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $72.99 Million | +4.26% |
| Dividends Paid | $95.68 Million | -5.59% |
| Share Repurchases | $221.06 Million | -12.91% |
| Other Comprehensive Income | $-676.32 Million | -39.48% |
| Other Changes | $555.70 Million | +32.44% |
| Total Change | $- | -17.54% |
Book Value vs Market Value Analysis
This analysis compares Drax Group 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: 0.02x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $-0.64 | $7.50 | x |
| 2003-12-31 | $-1.20 | $7.50 | x |
| 2004-12-31 | $-1.18 | $7.50 | x |
| 2005-12-31 | $0.60 | $7.50 | x |
| 2006-12-31 | $1.77 | $7.50 | x |
| 2007-12-31 | $1.02 | $7.50 | x |
| 2008-12-31 | $2.04 | $7.50 | x |
| 2009-12-31 | $2.91 | $7.50 | x |
| 2010-12-31 | $2.62 | $7.50 | x |
| 2011-12-31 | $3.55 | $7.50 | x |
| 2012-12-31 | $3.94 | $7.50 | x |
| 2013-12-31 | $3.46 | $7.50 | x |
| 2014-12-31 | $3.86 | $7.50 | x |
| 2015-12-31 | $3.93 | $7.50 | x |
| 2016-12-31 | $5.00 | $7.50 | x |
| 2017-12-31 | $4.19 | $7.50 | x |
| 2018-12-31 | $4.35 | $7.50 | x |
| 2019-12-31 | $4.32 | $7.50 | x |
| 2020-12-31 | $3.38 | $7.50 | x |
| 2021-12-31 | $3.12 | $7.50 | x |
| 2022-12-31 | $3.16 | $7.50 | x |
| 2023-12-31 | $4.89 | $7.50 | x |
| 2024-12-31 | $5.32 | $7.50 | x |
| 2025-12-31 | $473.97 | $7.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Drax Group 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): 4.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.36%
- • Asset Turnover: 1.19x
- • Equity Multiplier: 2.62x
- Recent ROE (4.26%) is below the historical average (20.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.00% | -122.36% | 0.40x | 0.00x | $-632.09 Million |
| 2003 | 0.00% | -50.62% | 0.40x | 0.00x | $-206.72 Million |
| 2004 | 0.00% | -1.04% | 0.51x | 0.00x | $36.91 Million |
| 2005 | 128.25% | 30.41% | 0.65x | 6.44x | $260.38 Million |
| 2006 | 68.45% | 33.42% | 0.77x | 2.65x | $395.79 Million |
| 2007 | 97.78% | 28.30% | 0.89x | 3.86x | $316.90 Million |
| 2008 | 48.02% | 18.99% | 0.83x | 3.04x | $263.57 Million |
| 2009 | 10.82% | 7.51% | 0.68x | 2.11x | $8.43 Million |
| 2010 | 19.67% | 11.43% | 0.81x | 2.14x | $92.60 Million |
| 2011 | 35.65% | 25.31% | 0.91x | 1.54x | $334.26 Million |
| 2012 | 11.09% | 9.20% | 0.79x | 1.53x | $16.07 Million |
| 2013 | 3.65% | 2.49% | 0.82x | 1.79x | $-89.59 Million |
| 2014 | 8.18% | 4.59% | 0.94x | 1.89x | $-28.56 Million |
| 2015 | 3.51% | 1.84% | 0.95x | 2.02x | $-103.94 Million |
| 2016 | 9.48% | 6.57% | 0.80x | 1.79x | $-10.62 Million |
| 2017 | -8.78% | -4.10% | 1.05x | 2.04x | $-323.11 Million |
| 2018 | 1.14% | 0.48% | 0.93x | 2.56x | $-156.90 Million |
| 2019 | 0.03% | 0.01% | 1.01x | 2.73x | $-171.06 Million |
| 2020 | -11.79% | -3.72% | 1.01x | 3.13x | $-291.84 Million |
| 2021 | 6.20% | 1.57% | 0.87x | 4.53x | $-48.83 Million |
| 2022 | 6.49% | 1.09% | 1.22x | 4.88x | $-45.98 Million |
| 2023 | 28.52% | 6.92% | 1.35x | 3.06x | $365.10 Million |
| 2024 | 25.35% | 8.55% | 1.14x | 2.59x | $318.87 Million |
| 2025 | 4.26% | 1.36% | 1.19x | 2.62x | $-98.30 Million |
Industry Comparison
This section compares Drax Group plc's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $1,059,000,861
- Average return on equity (ROE) among peers: -70.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Drax Group plc (DRXGF) | $1.71 Billion | 0.00% | 1.62x | $2.56 Billion |
| ACLEW (ACLEW) | $-33.88 Million | 0.00% | 0.00x | $11.36 |
| Arsenal Digital Holdings Inc. (ADHI) | $1.69 Million | 12.00% | 0.10x | $458.16 |
| AGIG (AGIG) | $-1.03 Million | 0.00% | 0.00x | $16.94K |
| Aker Horizons ASA (AKHOF) | $9.99 Billion | -19.54% | 2.26x | $39.77 Million |
| Alternus Energy Group Plc (ALCE) | $16.59 Million | -113.04% | 11.63x | $698.55K |
| Alaska Hydro Corporation (ALKHF) | $-562.11K | 0.00% | 0.00x | $3.01K |
| Altus Power Inc (AMPS) | $463.06 Million | 11.97% | 1.97x | $266.49 Million |
| Astra Energy Inc (ASRE) | $1.75 Million | -596.04% | 3.32x | $683.50K |
| Altius Renewable Royalties Corp (ATRWF) | $159.06 Million | -2.15% | 0.04x | $105.47 Million |
| Atlantic Wind & Solar Inc (AWSL) | $-2.66 Million | 0.00% | 0.00x | $322.80 |