Power Corporation of Canada
Power Corporation of Canada, an international management and holding company, provides financial services in North America, Europe, and Asia. It operates through Lifeco, IGM Financial, and GBL segments. The company offers life, health and dental, disability, critical illness, and creditor insurance, as well as reinsurance products; retirement and wealth management solutions, including annuities a… Read more
Power Corporation of Canada (PWCDF) - Net Assets
Latest net assets as of September 2025: $45.17 Billion USD
Based on the latest financial reports, Power Corporation of Canada (PWCDF) has net assets worth $45.17 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($916.88 Billion) and total liabilities ($871.71 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 | $45.17 Billion |
| % of Total Assets | 4.93% |
| Annual Growth Rate | 1.35% |
| 5-Year Change | 13.56% |
| 10-Year Change | 23.88% |
| Growth Volatility | 159.73 |
Power Corporation of Canada - Net Assets Trend (1993–2024)
This chart illustrates how Power Corporation of Canada's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Power Corporation of Canada (1993–2024)
The table below shows the annual net assets of Power Corporation of Canada from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $43.99 Billion | +6.59% |
| 2023-12-31 | $41.27 Billion | -6.43% |
| 2022-12-31 | $44.10 Billion | +9.38% |
| 2021-12-31 | $40.32 Billion | +4.10% |
| 2020-12-31 | $38.73 Billion | +5.87% |
| 2019-12-31 | $36.59 Billion | -3.84% |
| 2018-12-31 | $38.05 Billion | +3.34% |
| 2017-12-31 | $36.82 Billion | +5.01% |
| 2016-12-31 | $35.06 Billion | -1.26% |
| 2015-12-31 | $35.51 Billion | +12.77% |
| 2014-12-31 | $31.48 Billion | +7.14% |
| 2013-12-31 | $29.39 Billion | +10.04% |
| 2012-12-31 | $26.70 Billion | +6.67% |
| 2011-12-31 | $25.04 Billion | +2.16% |
| 2010-12-31 | $24.51 Billion | +1.47% |
| 2009-12-31 | $24.15 Billion | -82.30% |
| 2008-12-31 | $136.46 Billion | +9.35% |
| 2007-12-31 | $124.79 Billion | -2.30% |
| 2006-12-31 | $127.73 Billion | +629.93% |
| 2005-12-31 | $17.50 Billion | -3.38% |
| 2004-12-31 | $18.11 Billion | -82.30% |
| 2003-12-31 | $102.33 Billion | +52.30% |
| 2002-12-31 | $67.19 Billion | +1.52% |
| 2001-12-31 | $66.19 Billion | +602.98% |
| 2000-12-31 | $9.41 Billion | +6.13% |
| 1999-12-31 | $8.87 Billion | +6.55% |
| 1998-12-31 | $8.33 Billion | +63.28% |
| 1995-12-31 | $5.10 Billion | +5.23% |
| 1994-12-31 | $4.85 Billion | -83.31% |
| 1993-12-31 | $29.03 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Power Corporation of Canada'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 547.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $11.36 Billion | 47.59% |
| Common Stock | $9.24 Billion | 38.68% |
| Other Comprehensive Income | $2.33 Billion | 9.76% |
| Other Components | $950.00 Million | 3.98% |
| Total Equity | $23.88 Billion | 100.00% |
Power Corporation of Canada Competitors by Market Cap
The table below lists competitors of Power Corporation of Canada ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KeyCorp
NYSE:KEY
|
$20.97 Billion |
|
Nokia Corporation
PINK:NOKBF
|
$20.98 Billion |
|
Liberty Media Corporation Series C Liberty Formula One Common Stock
NASDAQ:FWONK
|
$21.04 Billion |
|
Hydro One Limited
PINK:HRNNF
|
$21.07 Billion |
|
Svenska Handelsbanken AB A
PINK:SVNLF
|
$20.89 Billion |
|
Koninklijke Philips N.V
PINK:RYLPF
|
$20.88 Billion |
|
Coca-Cola European Partners PLC
NASDAQ:CCEP
|
$20.84 Billion |
|
East Japan Railway Company
PINK:EJPRF
|
$20.83 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Power Corporation of Canada's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 22,143,000,000 to 23,880,000,000, a change of 1,737,000,000 (7.8%).
- Net income of 2,795,000,000 contributed positively to equity growth.
- Dividend payments of 1,489,000,000 reduced retained earnings.
- Share repurchases of 430,000,000 reduced equity.
- New share issuances of 103,000,000 increased equity.
- Other comprehensive income increased equity by 426,000,000.
- Other factors increased equity by 332,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.79 Billion | +11.7% |
| Dividends Paid | $1.49 Billion | -6.24% |
| Share Repurchases | $430.00 Million | -1.8% |
| Share Issuances | $103.00 Million | +0.43% |
| Other Comprehensive Income | $426.00 Million | +1.78% |
| Other Changes | $332.00 Million | +1.39% |
| Total Change | $- | 7.84% |
Book Value vs Market Value Analysis
This analysis compares Power Corporation of Canada'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: 0.97x
- 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 7.91x to 0.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $4.51 | $35.68 | x |
| 1994-12-31 | $4.89 | $35.68 | x |
| 1995-12-31 | $5.10 | $35.68 | x |
| 1998-12-31 | $7.04 | $35.68 | x |
| 1999-12-31 | $7.64 | $35.68 | x |
| 2000-12-31 | $8.57 | $35.68 | x |
| 2001-12-31 | $10.21 | $35.68 | x |
| 2002-12-31 | $11.53 | $35.68 | x |
| 2003-12-31 | $13.06 | $35.68 | x |
| 2004-12-31 | $15.42 | $35.68 | x |
| 2005-12-31 | $16.00 | $35.68 | x |
| 2006-12-31 | $18.34 | $35.68 | x |
| 2007-12-31 | $21.92 | $35.68 | x |
| 2008-12-31 | $21.32 | $35.68 | x |
| 2009-12-31 | $21.46 | $35.68 | x |
| 2010-12-31 | $21.01 | $35.68 | x |
| 2011-12-31 | $21.34 | $35.68 | x |
| 2012-12-31 | $21.93 | $35.68 | x |
| 2013-12-31 | $23.97 | $35.68 | x |
| 2014-12-31 | $25.90 | $35.68 | x |
| 2015-12-31 | $30.21 | $35.68 | x |
| 2016-12-31 | $29.87 | $35.68 | x |
| 2017-12-31 | $31.40 | $35.68 | x |
| 2018-12-31 | $32.44 | $35.68 | x |
| 2019-12-31 | $32.37 | $35.68 | x |
| 2020-12-31 | $34.29 | $35.68 | x |
| 2021-12-31 | $32.40 | $35.68 | x |
| 2022-12-31 | $35.67 | $35.68 | x |
| 2023-12-31 | $33.39 | $35.68 | x |
| 2024-12-31 | $36.63 | $35.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Power Corporation of Canada 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): 11.70%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.48%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 35.65x
- Recent ROE (11.70%) is above the historical average (11.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 6.54% | 2.45% | 0.21x | 12.88x | $-79.36 Million |
| 1994 | 7.47% | 2.68% | 0.22x | 12.63x | $-63.15 Million |
| 1995 | 8.14% | 2.94% | 0.23x | 12.10x | $-48.86 Million |
| 1998 | 13.35% | 2.79% | 0.26x | 18.74x | $105.50 Million |
| 1999 | 15.45% | 3.61% | 0.26x | 16.71x | $188.00 Million |
| 2000 | 16.68% | 3.89% | 0.28x | 15.38x | $263.20 Million |
| 2001 | 13.17% | 3.37% | 0.27x | 14.65x | $148.80 Million |
| 2002 | 11.97% | 3.39% | 0.27x | 13.02x | $106.30 Million |
| 2003 | 20.99% | 8.05% | 0.15x | 17.83x | $663.80 Million |
| 2004 | 14.37% | 3.90% | 0.23x | 16.05x | $288.80 Million |
| 2005 | 14.51% | 3.96% | 0.24x | 15.57x | $327.10 Million |
| 2006 | 16.20% | 4.90% | 0.21x | 15.43x | $532.90 Million |
| 2007 | 14.58% | 4.98% | 0.22x | 13.27x | $459.30 Million |
| 2008 | 8.90% | 2.34% | 0.26x | 14.72x | $-107.70 Million |
| 2009 | 6.94% | 2.06% | 0.23x | 14.55x | $-300.90 Million |
| 2010 | 7.96% | 2.34% | 0.22x | 15.14x | $-196.80 Million |
| 2011 | 11.36% | 3.39% | 0.13x | 26.00x | $133.50 Million |
| 2012 | 8.58% | 2.59% | 0.12x | 26.90x | $-143.90 Million |
| 2013 | 9.31% | 3.47% | 0.09x | 31.21x | $-76.30 Million |
| 2014 | 11.08% | 3.11% | 0.11x | 31.53x | $128.90 Million |
| 2015 | 13.10% | 4.80% | 0.09x | 30.14x | $435.20 Million |
| 2016 | 8.18% | 2.23% | 0.12x | 30.50x | $-252.40 Million |
| 2017 | 9.15% | 2.61% | 0.12x | 30.48x | $-123.50 Million |
| 2018 | 8.86% | 2.78% | 0.11x | 29.92x | $-172.80 Million |
| 2019 | 8.18% | 2.38% | 0.10x | 33.67x | $-257.40 Million |
| 2020 | 9.21% | 3.17% | 0.10x | 28.33x | $-174.70 Million |
| 2021 | 13.44% | 4.27% | 0.11x | 29.34x | $760.40 Million |
| 2022 | 9.35% | 0.00% | -0.01x | 30.54x | $-155.10 Million |
| 2023 | 10.15% | 6.49% | 0.05x | 33.85x | $32.70 Million |
| 2024 | 11.70% | 8.48% | 0.04x | 35.65x | $407.00 Million |
Industry Comparison
This section compares Power Corporation of Canada's net assets metrics with peer companies in the Insurance - Life industry.
Industry Context
- Industry: Insurance - Life
- Average net assets among peers: $52,810,304,913
- Average return on equity (ROE) among peers: 25.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Power Corporation of Canada (PWCDF) | $45.17 Billion | 6.54% | 19.30x | $20.95 Billion |
| AIA Group Ltd (AAIGF) | $181.58 Billion | 2.29% | 0.02x | $75.83 Billion |
| Atlantic American Corporation (AAME) | $31.80 Million | 29.56% | 5.46x | $10.89 Million |
| Abacus Life Inc. (ABL) | $766.89K | 130.06% | 1.40x | $276.35 Million |
| Abacus Global Management, Inc. (ABX) | $1.30 Million | 50.90% | 0.12x | $92.43K |
| Aflac Incorporated (AFL) | $1.75 Billion | 16.71% | 10.58x | $56.35 Billion |
| Anadolu Hayat Emeklilik Anonim Sirketi (AUHYF) | $1.88 Billion | 37.14% | 26.33x | $90.55 Million |
| Brighthouse Financial Inc (BHF) | $14.86 Billion | -19.78% | 13.93x | $3.36 Billion |
| Challenger Limited (CFIGF) | $3.25 Billion | -12.80% | 7.79x | $1.66 Billion |
| Citizens Inc (CIA) | $28.30 Million | 19.53% | 3.74x | $217.00 Million |
| China Life Insurance Co Ltd (CILJF) | $324.71 Billion | 0.30% | 0.01x | $16.34 Billion |