Telefónica S.A
Telefónica, S.A., together with its subsidiaries, provides telecommunications services in Europe and Latin America. The company offers mobile and related services and products, including mobile voice, value added, mobile data and internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services; traditional fixed telecommunication services, such as PSTN lines; ISDN accesse… Read more
Telefónica S.A (TEFOF) - Net Assets
Latest net assets as of December 2025: $17.80 Billion USD
Based on the latest financial reports, Telefónica S.A (TEFOF) has net assets worth $17.80 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 ($91.98 Billion) and total liabilities ($74.18 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 | $17.80 Billion |
| % of Total Assets | 19.35% |
| Annual Growth Rate | 1.96% |
| 5-Year Change | -37.94% |
| 10-Year Change | -37.29% |
| Growth Volatility | 20.01 |
Telefónica S.A - Net Assets Trend (1987–2025)
This chart illustrates how Telefónica S.A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Telefónica S.A (1987–2025)
The table below shows the annual net assets of Telefónica S.A from 1987 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $17.80 Billion | -21.75% |
| 2024-12-31 | $22.75 Billion | -16.04% |
| 2023-12-31 | $27.10 Billion | -14.55% |
| 2022-12-31 | $31.71 Billion | +10.54% |
| 2021-12-31 | $28.68 Billion | +57.09% |
| 2020-12-31 | $18.26 Billion | -28.25% |
| 2019-12-31 | $25.45 Billion | -5.67% |
| 2018-12-31 | $26.98 Billion | +1.36% |
| 2017-12-31 | $26.62 Billion | -6.23% |
| 2016-12-31 | $28.39 Billion | +3.01% |
| 2015-12-31 | $27.56 Billion | -9.02% |
| 2014-12-31 | $30.29 Billion | +10.21% |
| 2013-12-31 | $27.48 Billion | -0.65% |
| 2012-12-31 | $27.66 Billion | +1.02% |
| 2011-12-31 | $27.38 Billion | -13.57% |
| 2010-12-31 | $31.68 Billion | +30.53% |
| 2009-12-31 | $24.27 Billion | +24.09% |
| 2008-12-31 | $19.56 Billion | -14.41% |
| 2007-12-31 | $22.86 Billion | +14.27% |
| 2006-12-31 | $20.00 Billion | +23.88% |
| 2005-12-31 | $16.15 Billion | -19.21% |
| 2004-12-31 | $19.99 Billion | -5.49% |
| 2003-12-31 | $21.15 Billion | -6.47% |
| 2002-12-31 | $22.61 Billion | -32.12% |
| 2001-12-31 | $33.31 Billion | -5.50% |
| 2000-12-31 | $35.25 Billion | +40.01% |
| 1999-12-31 | $25.17 Billion | +47.74% |
| 1998-12-31 | $17.04 Billion | +19.01% |
| 1997-12-31 | $14.32 Billion | +4.45% |
| 1996-12-31 | $13.71 Billion | +15.02% |
| 1995-12-31 | $11.92 Billion | +27.22% |
| 1994-12-31 | $9.37 Billion | -8.97% |
| 1991-12-31 | $10.29 Billion | +4.06% |
| 1990-12-31 | $9.89 Billion | +5.12% |
| 1989-12-31 | $9.41 Billion | +3.40% |
| 1988-12-31 | $9.10 Billion | +7.06% |
| 1987-12-31 | $8.50 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Telefónica S.A'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 4183.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $16.37 Billion | 114.86% |
| Common Stock | $5.67 Billion | 39.77% |
| Other Comprehensive Income | $-18.70 Billion | -131.18% |
| Other Components | $10.91 Billion | 76.55% |
| Total Equity | $14.25 Billion | 100.00% |
Telefónica S.A Competitors by Market Cap
The table below lists competitors of Telefónica S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Federal National Mortgage Association Pref F
OTCQB:FNMAP
|
$17.95 Billion |
|
Illumina Inc
NASDAQ:ILMN
|
$17.97 Billion |
|
Brambles Limited
PINK:BMBLF
|
$17.99 Billion |
|
Daimler Truck Holding AG
PINK:DTGHF
|
$18.01 Billion |
|
TDK Corporation
PINK:TTDKF
|
$17.82 Billion |
|
Astera Labs, Inc.
NASDAQ:ALAB
|
$17.81 Billion |
|
RB Global Inc.
NYSE:RBA
|
$17.78 Billion |
|
TELUS
F:BCZ
|
$17.77 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Telefónica S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 19,347,000,000 to 14,252,660,000, a change of -5,094,340,000 (-26.3%).
- Net loss of 4,316,383,000 reduced equity.
- Dividend payments of 1,856,304,000 reduced retained earnings.
- Share repurchases of 361,864,000 reduced equity.
- Other comprehensive income increased equity by 1,044,005,000.
- Other factors increased equity by 396,206,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.32 Billion | -30.28% |
| Dividends Paid | $1.86 Billion | -13.02% |
| Share Repurchases | $361.86 Million | -2.54% |
| Other Comprehensive Income | $1.04 Billion | +7.32% |
| Other Changes | $396.21 Million | +2.78% |
| Total Change | $- | -26.33% |
Book Value vs Market Value Analysis
This analysis compares Telefónica S.A'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: 1.80x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.62x to 1.80x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1987-12-31 | $2.82 | $4.56 | x |
| 1988-12-31 | $2.71 | $4.56 | x |
| 1989-12-31 | $2.82 | $4.56 | x |
| 1990-12-31 | $2.89 | $4.56 | x |
| 1991-12-31 | $3.07 | $4.56 | x |
| 1994-12-31 | $2.70 | $4.56 | x |
| 1995-12-31 | $2.89 | $4.56 | x |
| 1996-12-31 | $3.31 | $4.56 | x |
| 1997-12-31 | $3.18 | $4.56 | x |
| 1998-12-31 | $3.65 | $4.56 | x |
| 1999-12-31 | $3.80 | $4.56 | x |
| 2000-12-31 | $5.30 | $4.56 | x |
| 2001-12-31 | $4.86 | $4.56 | x |
| 2002-12-31 | $3.17 | $4.56 | x |
| 2003-12-31 | $2.55 | $4.56 | x |
| 2004-12-31 | $3.15 | $4.56 | x |
| 2005-12-31 | $2.61 | $4.56 | x |
| 2006-12-31 | $3.59 | $4.56 | x |
| 2007-12-31 | $4.23 | $4.56 | x |
| 2008-12-31 | $3.59 | $4.56 | x |
| 2009-12-31 | $4.78 | $4.56 | x |
| 2010-12-31 | $5.40 | $4.56 | x |
| 2011-12-31 | $4.80 | $4.56 | x |
| 2012-12-31 | $4.44 | $4.56 | x |
| 2013-12-31 | $4.66 | $4.56 | x |
| 2014-12-31 | $4.58 | $4.56 | x |
| 2015-12-31 | $3.63 | $4.56 | x |
| 2016-12-31 | $3.59 | $4.56 | x |
| 2017-12-31 | $3.31 | $4.56 | x |
| 2018-12-31 | $3.46 | $4.56 | x |
| 2019-12-31 | $3.34 | $4.56 | x |
| 2020-12-31 | $2.05 | $4.56 | x |
| 2021-12-31 | $3.87 | $4.56 | x |
| 2022-12-31 | $4.35 | $4.56 | x |
| 2023-12-31 | $3.86 | $4.56 | x |
| 2024-12-31 | $3.43 | $4.56 | x |
| 2025-12-31 | $2.53 | $4.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Telefónica S.A 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): -30.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.29%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 6.45x
- Recent ROE (-30.28%) is below the historical average (13.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1987 | 4.50% | 9.85% | 0.25x | 1.81x | $-467.58 Million |
| 1988 | 5.22% | 10.26% | 0.26x | 1.94x | $-434.76 Million |
| 1989 | 5.64% | 9.69% | 0.25x | 2.33x | $-410.33 Million |
| 1990 | 5.85% | 8.89% | 0.26x | 2.54x | $-409.97 Million |
| 1991 | 7.84% | 8.85% | 0.32x | 2.80x | $-222.61 Million |
| 1994 | 7.45% | 6.50% | 0.36x | 3.15x | $-239.08 Million |
| 1995 | 8.61% | 7.65% | 0.36x | 3.12x | $-137.32 Million |
| 1996 | 8.60% | 7.99% | 0.37x | 2.92x | $-159.79 Million |
| 1997 | 9.54% | 8.04% | 0.38x | 3.13x | $-54.46 Million |
| 1998 | 9.69% | 7.49% | 0.35x | 3.67x | $-42.27 Million |
| 1999 | 12.46% | 7.86% | 0.36x | 4.43x | $357.26 Million |
| 2000 | 9.67% | 8.42% | 0.32x | 3.56x | $-86.67 Million |
| 2001 | 8.15% | 6.60% | 0.37x | 3.34x | $-479.80 Million |
| 2002 | -32.81% | -19.11% | 0.43x | 4.00x | $-7.28 Billion |
| 2003 | 13.15% | 7.58% | 0.47x | 3.70x | $527.00 Million |
| 2004 | 17.73% | 9.22% | 0.49x | 3.91x | $1.25 Billion |
| 2005 | 34.92% | 11.74% | 0.52x | 5.75x | $3.17 Billion |
| 2006 | 36.28% | 11.78% | 0.49x | 6.34x | $4.51 Billion |
| 2007 | 44.25% | 15.78% | 0.53x | 5.26x | $6.89 Billion |
| 2008 | 45.42% | 13.51% | 0.58x | 5.80x | $6.10 Billion |
| 2009 | 35.78% | 13.32% | 0.54x | 4.98x | $5.60 Billion |
| 2010 | 41.58% | 15.26% | 0.51x | 5.31x | $7.72 Billion |
| 2011 | 24.97% | 8.32% | 0.50x | 5.99x | $3.24 Billion |
| 2012 | 19.20% | 6.30% | 0.48x | 6.34x | $1.88 Billion |
| 2013 | 21.68% | 8.05% | 0.48x | 5.61x | $2.47 Billion |
| 2014 | 14.21% | 5.96% | 0.41x | 5.79x | $889.50 Million |
| 2015 | 15.34% | 5.81% | 0.38x | 6.87x | $955.90 Million |
| 2016 | 13.05% | 4.55% | 0.42x | 6.81x | $553.30 Million |
| 2017 | 18.51% | 6.02% | 0.45x | 6.80x | $1.44 Billion |
| 2018 | 18.56% | 6.84% | 0.43x | 6.35x | $1.54 Billion |
| 2019 | 6.67% | 2.36% | 0.41x | 6.94x | $-569.80 Million |
| 2020 | 14.08% | 3.67% | 0.41x | 9.35x | $458.50 Million |
| 2021 | 36.64% | 20.72% | 0.36x | 4.92x | $5.92 Billion |
| 2022 | 8.02% | 5.03% | 0.36x | 4.37x | $-497.80 Million |
| 2023 | -4.08% | -2.19% | 0.39x | 4.77x | $-3.08 Billion |
| 2024 | -0.25% | -0.12% | 0.41x | 5.19x | $-1.98 Billion |
| 2025 | -30.28% | -12.29% | 0.38x | 6.45x | $-5.74 Billion |
Industry Comparison
This section compares Telefónica S.A's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $44,462,353,944
- Average return on equity (ROE) among peers: -3489.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Telefónica S.A (TEFOF) | $17.80 Billion | 4.50% | 4.17x | $17.91 Billion |
| Airtel Africa Plc (AARTY) | $2.77 Billion | 7.93% | 3.33x | $6.92 Billion |
| Airborne Wireless Network (ABWN) | $106.58K | -34635.01% | 3.96x | $437.69K |
| Access-Power & Co. Inc (ACCR) | $753.00 | -0.13% | 3.17x | $572.84K |
| Array Digital Infrastructure, Inc. (AD) | $3.69 Billion | 0.33% | 0.85x | $745.85 Million |
| Alvarion Ltd (ALVRQ) | $122.09 Million | -80.66% | 0.76x | $0.97 |
| América Móvil, S.A.B. de C.V. (AMXOF) | $437.83 Billion | 17.39% | 2.70x | $12.75 Billion |
| Alpha One Inc (AOAO) | $27.96 Million | -1.08% | 0.50x | $11.15 Million |
| American Nortel Communications Inc (ARTM) | $333.42K | -8.16% | 0.37x | $213.62 |
| Vapor Hub International Inc. (ASHI) | $15.12K | -175.34% | 0.19x | $5.26K |
| Anterix Inc (ATEX) | $180.76 Million | -23.23% | 0.09x | $481.87 Million |