Neste Oyj
Neste Oyj, together with its subsidiaries, provides renewable diesel and sustainable aviation fuel in Finland, other Nordic countries, Baltic Rim, other European countries, the United States, and internationally. It operates through Renewable Products, Oil Products, Marketing & Services, and Others segments. The company produces, markets, and sells renewable diesel, sustainable aviation fuel, and… Read more
Neste Oyj (NTOIF) - Net Assets
Latest net assets as of December 2025: $7.31 Billion USD
Based on the latest financial reports, Neste Oyj (NTOIF) has net assets worth $7.31 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 ($15.74 Billion) and total liabilities ($8.43 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 | $7.31 Billion |
| % of Total Assets | 46.44% |
| Annual Growth Rate | -0.01% |
| 5-Year Change | 4.67% |
| 10-Year Change | 94.71% |
| Growth Volatility | 21.05 |
Neste Oyj - Net Assets Trend (2002–2025)
This chart illustrates how Neste Oyj's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Neste Oyj (2002–2025)
The table below shows the annual net assets of Neste Oyj from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $7.31 Billion | -1.43% |
| 2024-12-31 | $7.42 Billion | -12.36% |
| 2023-12-31 | $8.46 Billion | +1.63% |
| 2022-12-31 | $8.33 Billion | +19.21% |
| 2021-12-31 | $6.99 Billion | +17.81% |
| 2020-12-31 | $5.93 Billion | +0.14% |
| 2019-12-31 | $5.92 Billion | +27.88% |
| 2018-12-31 | $4.63 Billion | +6.73% |
| 2017-12-31 | $4.34 Billion | +15.53% |
| 2016-12-31 | $3.75 Billion | +20.97% |
| 2015-12-31 | $3.10 Billion | +16.74% |
| 2014-12-31 | $2.66 Billion | -9.06% |
| 2013-12-31 | $2.92 Billion | +13.42% |
| 2012-12-31 | $2.58 Billion | +4.50% |
| 2011-12-31 | $2.47 Billion | +1.69% |
| 2010-12-31 | $2.43 Billion | +9.18% |
| 2009-12-31 | $2.22 Billion | +1.97% |
| 2008-12-31 | $2.18 Billion | -10.22% |
| 2007-12-31 | $2.43 Billion | +15.74% |
| 2006-12-31 | $2.10 Billion | +30.09% |
| 2005-12-31 | $1.61 Billion | -75.72% |
| 2003-12-31 | $6.64 Billion | -9.42% |
| 2002-12-31 | $7.33 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Neste Oyj'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 167.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $7.53 Billion | 102.94% |
| Common Stock | $39.99 Million | 0.55% |
| Other Comprehensive Income | $-277.90 Million | -3.80% |
| Other Components | $22.99 Million | 0.31% |
| Total Equity | $7.31 Billion | 100.00% |
Neste Oyj Competitors by Market Cap
The table below lists competitors of Neste Oyj ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
UIPATH INC. A DL-00001
F:9UV
|
$4.30 Billion |
|
Zhen Ding Technology Holding Ltd
TW:4958
|
$4.30 Billion |
|
ELF Beauty Inc
NYSE:ELF
|
$4.30 Billion |
|
Vista Oil & Gas S.A.B. de C.V
PINK:VSOGF
|
$4.30 Billion |
|
Embotelladora Andina S.A
NYSE:AKO-B
|
$4.29 Billion |
|
Xinyi Solar Holdings Limited
PINK:XISHY
|
$4.29 Billion |
|
Brinks Company
NYSE:BCO
|
$4.29 Billion |
|
Novanta Inc
NASDAQ:NOVT
|
$4.29 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Neste Oyj's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,417,000,000 to 7,311,260,621, a change of -105,739,379 (-1.4%).
- Net income of 143,946,066 contributed positively to equity growth.
- Dividend payments of 153,942,320 reduced retained earnings.
- Other comprehensive income decreased equity by 116,895,878.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $143.95 Million | +1.97% |
| Dividends Paid | $153.94 Million | -2.11% |
| Other Comprehensive Income | $-116.90 Million | -1.6% |
| Other Changes | $21.15 Million | +0.29% |
| Total Change | $- | -1.43% |
Book Value vs Market Value Analysis
This analysis compares Neste Oyj'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: 1.07x
- 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 1.48x to 1.07x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $6.92 | $10.23 | x |
| 2003-12-31 | $7.46 | $10.23 | x |
| 2005-12-31 | $2.09 | $10.23 | x |
| 2006-12-31 | $2.72 | $10.23 | x |
| 2007-12-31 | $3.16 | $10.23 | x |
| 2008-12-31 | $2.82 | $10.23 | x |
| 2009-12-31 | $2.88 | $10.23 | x |
| 2010-12-31 | $3.14 | $10.23 | x |
| 2011-12-31 | $3.20 | $10.23 | x |
| 2012-12-31 | $3.34 | $10.23 | x |
| 2013-12-31 | $3.79 | $10.23 | x |
| 2014-12-31 | $3.43 | $10.23 | x |
| 2015-12-31 | $4.01 | $10.23 | x |
| 2016-12-31 | $4.85 | $10.23 | x |
| 2017-12-31 | $5.64 | $10.23 | x |
| 2018-12-31 | $6.02 | $10.23 | x |
| 2019-12-31 | $7.71 | $10.23 | x |
| 2020-12-31 | $7.71 | $10.23 | x |
| 2021-12-31 | $9.08 | $10.23 | x |
| 2022-12-31 | $10.83 | $10.23 | x |
| 2023-12-31 | $11.01 | $10.23 | x |
| 2024-12-31 | $9.65 | $10.23 | x |
| 2025-12-31 | $9.52 | $10.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Neste Oyj 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): 1.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.76%
- • Asset Turnover: 1.21x
- • Equity Multiplier: 2.15x
- Recent ROE (1.97%) is below the historical average (15.85%), 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 | 11.30% | 5.97% | 0.62x | 3.05x | $76.40 Million |
| 2003 | 12.00% | 6.75% | 0.69x | 2.59x | $128.40 Million |
| 2005 | 41.56% | 6.69% | 2.60x | 2.39x | $506.50 Million |
| 2006 | 30.21% | 4.96% | 2.93x | 2.08x | $422.10 Million |
| 2007 | 23.81% | 4.77% | 2.48x | 2.01x | $334.70 Million |
| 2008 | 4.48% | 0.64% | 3.20x | 2.18x | $-119.30 Million |
| 2009 | 10.00% | 2.29% | 1.69x | 2.58x | $0.00 |
| 2010 | 9.49% | 1.93% | 1.78x | 2.76x | $-12.40 Million |
| 2011 | 6.44% | 1.02% | 2.12x | 2.96x | $-87.30 Million |
| 2012 | 6.13% | 0.88% | 2.42x | 2.88x | $-99.20 Million |
| 2013 | 17.98% | 3.00% | 2.48x | 2.42x | $232.20 Million |
| 2014 | 2.16% | 0.38% | 2.31x | 2.46x | $-207.10 Million |
| 2015 | 18.09% | 5.01% | 1.64x | 2.20x | $249.60 Million |
| 2016 | 25.15% | 8.03% | 1.57x | 1.99x | $565.70 Million |
| 2017 | 21.00% | 6.89% | 1.70x | 1.80x | $477.20 Million |
| 2018 | 16.75% | 5.19% | 1.81x | 1.78x | $312.20 Million |
| 2019 | 30.21% | 11.29% | 1.62x | 1.65x | $1.20 Billion |
| 2020 | 12.02% | 6.06% | 1.20x | 1.66x | $119.50 Million |
| 2021 | 25.37% | 11.69% | 1.22x | 1.78x | $1.07 Billion |
| 2022 | 22.69% | 7.34% | 1.72x | 1.79x | $1.06 Billion |
| 2023 | 16.93% | 6.25% | 1.43x | 1.89x | $586.70 Million |
| 2024 | -1.28% | -0.46% | 1.32x | 2.10x | $-836.70 Million |
| 2025 | 1.97% | 0.76% | 1.21x | 2.15x | $-587.18 Million |
Industry Comparison
This section compares Neste Oyj's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.
Industry Context
- Industry: Oil & Gas Refining & Marketing
- Average net assets among peers: $1,009,540,578
- Average return on equity (ROE) among peers: -3.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Neste Oyj (NTOIF) | $7.31 Billion | 11.30% | 1.15x | $4.30 Billion |
| Adams Resources & Energy Inc (AE) | $81.76 Million | -6.81% | 1.58x | $82.94 Million |
| Blue Dolphin Energy Co (BDCO) | $27.97 Million | 56.35% | 1.16x | $3.39 Million |
| Blue Earth Resources Inc (BERI) | $681.30K | -5.13% | 0.08x | $494.55 |
| Crossamerica Partners LP (CAPL) | $94.67 Million | 19.09% | 3.14x | $395.42 Million |
| China HK Power Smart Energy Group Limited (CHNTF) | $94.09 Million | -177.69% | 13.22x | $21.56 Million |
| Clean Energy Fuels Corp (CLNE) | $230.93 Million | -3.85% | 0.08x | $375.92 Million |
| CVR Energy Inc (CVI) | $791.00 Million | 58.53% | 4.21x | $874.31 Million |
| DCC plc (DCCPF) | $2.43 Billion | 10.79% | 1.91x | $6.39 Billion |
| HF Sinclair Corp (DINO) | $5.81 Billion | 12.74% | 0.44x | $9.96 Billion |
| Delek US Energy Inc (DK) | $531.00 Million | 0.13% | 1.30x | $2.44 Billion |