Swiss Life Holding AG
Swiss Life Holding AG provides life, pensions, and financial solutions for private and corporate clients. It operates through Switzerland, France, Germany, International, Asset Managers, and Other segments. The company offers a various life, pension, health, annuity, and investment-type policies to groups and individuals, as well as disability coverage. It also provides property and casualty, lia… Read more
Swiss Life Holding AG (SWSDF) - Net Assets
Latest net assets as of June 2025: $6.98 Billion USD
Based on the latest financial reports, Swiss Life Holding AG (SWSDF) has net assets worth $6.98 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($216.19 Billion) and total liabilities ($209.21 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 | $6.98 Billion |
| % of Total Assets | 3.23% |
| Annual Growth Rate | N/A |
| 5-Year Change | -55.58% |
| 10-Year Change | -37.44% |
| Growth Volatility | 16.48 |
Swiss Life Holding AG - Net Assets Trend (2004–2024)
This chart illustrates how Swiss Life Holding AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Swiss Life Holding AG (2004–2024)
The table below shows the annual net assets of Swiss Life Holding AG from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $7.67 Billion | -7.60% |
| 2023-12-31 | $8.30 Billion | -19.30% |
| 2022-12-31 | $10.28 Billion | -37.75% |
| 2021-12-31 | $16.52 Billion | -4.30% |
| 2020-12-31 | $17.26 Billion | +5.04% |
| 2019-12-31 | $16.43 Billion | +9.33% |
| 2018-12-31 | $15.03 Billion | -3.53% |
| 2017-12-31 | $15.58 Billion | +13.41% |
| 2016-12-31 | $13.74 Billion | +12.09% |
| 2015-12-31 | $12.26 Billion | -4.47% |
| 2014-12-31 | $12.83 Billion | +42.28% |
| 2013-12-31 | $9.02 Billion | -12.32% |
| 2012-12-31 | $10.29 Billion | +12.27% |
| 2011-12-31 | $9.16 Billion | +23.19% |
| 2010-12-31 | $7.44 Billion | +2.65% |
| 2009-12-31 | $7.25 Billion | +8.91% |
| 2008-12-31 | $6.65 Billion | -9.30% |
| 2007-12-31 | $7.33 Billion | -6.59% |
| 2006-12-31 | $7.85 Billion | +2.56% |
| 2005-12-31 | $7.66 Billion | +119.48% |
| 2004-12-31 | $-39.30 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Swiss Life Holding AG'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 473.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $9.39 Billion | 124.93% |
| Common Stock | $3.00 Million | 0.04% |
| Total Equity | $7.52 Billion | 100.00% |
Swiss Life Holding AG Competitors by Market Cap
The table below lists competitors of Swiss Life Holding AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Citizens Financial Group, Inc.
NYSE:CFG
|
$24.02 Billion |
|
Markel Corporation
NYSE:MKL
|
$24.17 Billion |
|
BCE Inc
NYSE:BCE
|
$24.21 Billion |
|
HEICO CORP. A DL-01
F:HC1A
|
$24.23 Billion |
|
A. Schulman Inc
PINK:SLMNP
|
$23.93 Billion |
|
ON Semiconductor Corporation
NASDAQ:ON
|
$23.92 Billion |
|
FTAI Aviation Ltd.
NASDAQ:FTAI
|
$23.92 Billion |
|
ViacomCBS Inc. Cl B
LSE:0A65
|
$23.92 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Swiss Life Holding AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,499,000,000 to 7,520,000,000, a change of 21,000,000 (0.3%).
- Net income of 1,214,000,000 contributed positively to equity growth.
- Dividend payments of 945,000,000 reduced retained earnings.
- Share repurchases of 639,000,000 reduced equity.
- Other comprehensive income increased equity by 957,000,000.
- Other factors decreased equity by 566,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.21 Billion | +16.14% |
| Dividends Paid | $945.00 Million | -12.57% |
| Share Repurchases | $639.00 Million | -8.5% |
| Other Comprehensive Income | $957.00 Million | +12.73% |
| Other Changes | $-566.00 Million | -7.53% |
| Total Change | $- | 0.28% |
Book Value vs Market Value Analysis
This analysis compares Swiss Life Holding AG'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: 3.25x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 4.31x to 3.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | $195.93 | $845.05 | x |
| 2005-12-31 | $209.63 | $845.05 | x |
| 2006-12-31 | $215.93 | $845.05 | x |
| 2007-12-31 | $212.98 | $845.05 | x |
| 2008-12-31 | $205.44 | $845.05 | x |
| 2009-12-31 | $227.34 | $845.05 | x |
| 2010-12-31 | $230.83 | $845.05 | x |
| 2011-12-31 | $286.17 | $845.05 | x |
| 2012-12-31 | $319.96 | $845.05 | x |
| 2013-12-31 | $277.16 | $845.05 | x |
| 2014-12-31 | $374.45 | $845.05 | x |
| 2015-12-31 | $357.91 | $845.05 | x |
| 2016-12-31 | $400.76 | $845.05 | x |
| 2017-12-31 | $453.47 | $845.05 | x |
| 2018-12-31 | $437.58 | $845.05 | x |
| 2019-12-31 | $497.42 | $845.05 | x |
| 2020-12-31 | $538.02 | $845.05 | x |
| 2021-12-31 | $525.32 | $845.05 | x |
| 2022-12-31 | $299.55 | $845.05 | x |
| 2023-12-31 | $256.28 | $845.05 | x |
| 2024-12-31 | $259.62 | $845.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Swiss Life Holding AG 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): 16.14%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.41%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 29.11x
- Recent ROE (16.14%) is above the historical average (8.74%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 9.22% | 2.57% | 3.47x | 1.03x | $-48.70 Million |
| 2005 | 11.69% | 3.99% | 0.12x | 24.10x | $124.30 Million |
| 2006 | 12.31% | 4.33% | 0.12x | 24.67x | $175.10 Million |
| 2007 | 18.48% | 7.09% | 0.11x | 24.70x | $617.30 Million |
| 2008 | 5.30% | 2.28% | 0.11x | 20.40x | $-310.90 Million |
| 2009 | 3.86% | 1.56% | 0.12x | 19.97x | $-442.80 Million |
| 2010 | 7.48% | 3.10% | 0.12x | 19.88x | $-186.40 Million |
| 2011 | 6.63% | 3.50% | 0.11x | 16.64x | $-307.70 Million |
| 2012 | 0.96% | 0.51% | 0.12x | 15.94x | $-927.30 Million |
| 2013 | 8.73% | 4.02% | 0.11x | 19.06x | $-113.50 Million |
| 2014 | 6.38% | 3.98% | 0.11x | 15.12x | $-461.60 Million |
| 2015 | 7.23% | 4.28% | 0.11x | 15.54x | $-337.70 Million |
| 2016 | 6.75% | 4.68% | 0.10x | 14.62x | $-443.80 Million |
| 2017 | 6.50% | 5.39% | 0.09x | 13.73x | $-542.50 Million |
| 2018 | 7.20% | 5.38% | 0.09x | 14.25x | $-418.70 Million |
| 2019 | 7.34% | 4.94% | 0.11x | 13.95x | $-435.60 Million |
| 2020 | 6.09% | 4.82% | 0.09x | 13.83x | $-671.00 Million |
| 2021 | 7.60% | 5.67% | 0.09x | 14.66x | $-393.10 Million |
| 2022 | 13.01% | 11.11% | 0.05x | 24.03x | $273.20 Million |
| 2023 | 14.59% | 9.82% | 0.05x | 28.46x | $344.10 Million |
| 2024 | 16.14% | 8.41% | 0.07x | 29.11x | $462.00 Million |
Industry Comparison
This section compares Swiss Life Holding AG's net assets metrics with peer companies in the Insurance - Diversified industry.
Industry Context
- Industry: Insurance - Diversified
- Average net assets among peers: $29,608,843,500
- Average return on equity (ROE) among peers: 13.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Swiss Life Holding AG (SWSDF) | $6.98 Billion | 9.22% | 29.98x | $23.94 Billion |
| Alm. Brand A/S (ABDBY) | $13.40 Billion | 5.80% | 1.64x | $2.98 Billion |
| Arch Capital Group Ltd (ACGL) | $2.48 Billion | 10.34% | 3.63x | $32.40 Billion |
| ageas SA/NV (AGESF) | $8.80 Billion | 12.71% | 10.19x | $10.79 Billion |
| American International Group Inc (AIG) | $109.64 Billion | 12.81% | 7.93x | $41.13 Billion |
| Aviva plc (AIVAF) | $11.16 Billion | 0.00% | 0.03x | $18.17 Billion |
| Allianz SE (ALIZF) | $63.58 Billion | 13.43% | 14.46x | $143.52 Billion |
| Assicurazioni Generali S.p.A (ARZGF) | $18.35 Billion | 18.39% | 19.85x | $30.45 Billion |
| AXA SA (AXAHF) | $52.40 Billion | 13.72% | 11.30x | $66.04 Billion |
| BB Seguridade Participacoes SA (BBSEY) | $11.40 Billion | 35.51% | 0.17x | $4.26 Billion |
| Bâloise Holding AG (BLHEF) | $4.87 Billion | 8.96% | 14.09x | $8.54 Billion |