Trend Micro Inc.
Trend Micro Incorporated develops and sells security-related software for computers and related services in Japan and internationally. It offers platforms, such as vision one platform, attack surface management, extended detection and response (XDR), cloud security, endpoint security, network security, email and collaboration security, threat intelligence, identity security, and AI security. The … Read more
Trend Micro Inc. (TMICF) - Net Assets
Latest net assets as of December 2025: $131.24 Billion USD
Based on the latest financial reports, Trend Micro Inc. (TMICF) has net assets worth $131.24 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 ($422.61 Billion) and total liabilities ($291.37 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 | $131.24 Billion |
| % of Total Assets | 31.06% |
| Annual Growth Rate | 8.74% |
| 5-Year Change | -40.73% |
| 10-Year Change | -21.16% |
| Growth Volatility | 16.98 |
Trend Micro Inc. - Net Assets Trend (1998–2025)
This chart illustrates how Trend Micro Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Trend Micro Inc. (1998–2025)
The table below shows the annual net assets of Trend Micro Inc. from 1998 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $131.24 Billion | +9.88% |
| 2024-12-31 | $119.44 Billion | -44.29% |
| 2023-12-31 | $214.42 Billion | -6.23% |
| 2022-12-31 | $228.68 Billion | +3.27% |
| 2021-12-31 | $221.43 Billion | +16.94% |
| 2020-12-31 | $189.36 Billion | +1.03% |
| 2019-12-31 | $187.43 Billion | +0.18% |
| 2018-12-31 | $187.08 Billion | +5.65% |
| 2017-12-31 | $177.08 Billion | +6.37% |
| 2016-12-31 | $166.47 Billion | +4.25% |
| 2015-12-31 | $159.69 Billion | +4.31% |
| 2014-12-31 | $153.09 Billion | +7.41% |
| 2013-12-31 | $142.54 Billion | +25.59% |
| 2012-12-31 | $113.49 Billion | +5.71% |
| 2011-12-31 | $107.36 Billion | +0.74% |
| 2010-12-31 | $106.57 Billion | -1.91% |
| 2009-12-31 | $108.64 Billion | +9.91% |
| 2008-12-31 | $98.85 Billion | -10.73% |
| 2007-12-31 | $110.73 Billion | +22.17% |
| 2006-12-31 | $90.64 Billion | +10.54% |
| 2005-12-31 | $82.00 Billion | +30.29% |
| 2004-12-31 | $62.93 Billion | +42.87% |
| 2003-12-31 | $44.05 Billion | +19.81% |
| 2002-12-31 | $36.77 Billion | +19.82% |
| 2001-12-31 | $30.68 Billion | +26.47% |
| 2000-12-31 | $24.26 Billion | +40.03% |
| 1999-12-31 | $17.33 Billion | +26.74% |
| 1998-12-31 | $13.67 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Trend Micro Inc.'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 8506.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $100.99 Billion | 77.25% |
| Common Stock | $19.94 Billion | 15.25% |
| Other Comprehensive Income | $52.90 Billion | 40.46% |
| Total Equity | $130.74 Billion | 100.00% |
Trend Micro Inc. Competitors by Market Cap
The table below lists competitors of Trend Micro Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rexel S.A
PINK:RXLSF
|
$5.47 Billion |
|
MINISO GRP HLD.ADS/4
F:MIF
|
$5.48 Billion |
|
Zensho Holdings Co. Ltd
PINK:ZSHOF
|
$5.48 Billion |
|
China Feihe Limited
PINK:CFEIY
|
$5.49 Billion |
|
Beijing Kunlun Tech Co Ltd
SHE:300418
|
$5.46 Billion |
|
LUMEN TECHNOLOGIES DL 1
F:CYTH
|
$5.46 Billion |
|
Washington H. Soul Pattinson and Company Limited
PINK:WSOUF
|
$5.45 Billion |
|
WT Microelectronics Co Ltd
TW:3036
|
$5.45 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trend Micro Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 119,445,000,000 to 130,741,988,000, a change of 11,296,988,000 (9.5%).
- Net income of 34,553,125,000 contributed positively to equity growth.
- Dividend payments of 23,509,497,000 reduced retained earnings.
- Share repurchases of 10,008,726,000 reduced equity.
- Other comprehensive income increased equity by 4,999,122,000.
- Other factors increased equity by 5,262,964,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $34.55 Billion | +26.43% |
| Dividends Paid | $23.51 Billion | -17.98% |
| Share Repurchases | $10.01 Billion | -7.66% |
| Other Comprehensive Income | $5.00 Billion | +3.82% |
| Other Changes | $5.26 Billion | +4.03% |
| Total Change | $- | 9.46% |
Book Value vs Market Value Analysis
This analysis compares Trend Micro Inc.'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: 0.07x
- 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 0.64x to 0.07x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $109.36 | $70.00 | x |
| 1999-12-31 | $131.18 | $70.00 | x |
| 2000-12-31 | $183.04 | $70.00 | x |
| 2001-12-31 | $232.66 | $70.00 | x |
| 2002-12-31 | $280.61 | $70.00 | x |
| 2003-12-31 | $332.58 | $70.00 | x |
| 2004-12-31 | $472.56 | $70.00 | x |
| 2005-12-31 | $605.15 | $70.00 | x |
| 2006-12-31 | $824.71 | $70.00 | x |
| 2007-12-31 | $673.26 | $70.00 | x |
| 2008-12-31 | $734.63 | $70.00 | x |
| 2009-12-31 | $811.58 | $70.00 | x |
| 2010-12-31 | $793.56 | $70.00 | x |
| 2011-12-31 | $812.07 | $70.00 | x |
| 2012-12-31 | $862.61 | $70.00 | x |
| 2013-12-31 | $1063.92 | $70.00 | x |
| 2014-12-31 | $1129.01 | $70.00 | x |
| 2015-12-31 | $1164.75 | $70.00 | x |
| 2016-12-31 | $1207.41 | $70.00 | x |
| 2017-12-31 | $1276.73 | $70.00 | x |
| 2018-12-31 | $1337.96 | $70.00 | x |
| 2019-12-31 | $1342.29 | $70.00 | x |
| 2020-12-31 | $1351.53 | $70.00 | x |
| 2021-12-31 | $1581.82 | $70.00 | x |
| 2022-12-31 | $1633.66 | $70.00 | x |
| 2023-12-31 | $1565.87 | $70.00 | x |
| 2024-12-31 | $895.75 | $70.00 | x |
| 2025-12-31 | $988.03 | $70.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trend Micro Inc. 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): 26.43%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.51%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 3.23x
- Recent ROE (26.43%) is above the historical average (16.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 3.00% | 4.18% | 0.55x | 1.31x | $-957.01 Million |
| 1999 | 12.41% | 15.75% | 0.47x | 1.66x | $416.82 Million |
| 2000 | 15.09% | 18.31% | 0.45x | 1.83x | $1.24 Billion |
| 2001 | 14.26% | 14.00% | 0.48x | 2.10x | $1.31 Billion |
| 2002 | 20.77% | 17.95% | 0.58x | 1.99x | $3.96 Billion |
| 2003 | 21.05% | 19.24% | 0.59x | 1.85x | $4.87 Billion |
| 2004 | 25.13% | 25.58% | 0.58x | 1.69x | $9.52 Billion |
| 2005 | 22.79% | 25.56% | 0.55x | 1.62x | $10.49 Billion |
| 2006 | 21.33% | 22.58% | 0.52x | 1.83x | $10.26 Billion |
| 2007 | 21.28% | 23.61% | 0.50x | 1.82x | $12.49 Billion |
| 2008 | 19.47% | 18.92% | 0.57x | 1.81x | $9.36 Billion |
| 2009 | 16.24% | 18.31% | 0.47x | 1.88x | $6.77 Billion |
| 2010 | 11.94% | 13.33% | 0.46x | 1.93x | $2.07 Billion |
| 2011 | 16.16% | 17.99% | 0.48x | 1.88x | $6.61 Billion |
| 2012 | 11.85% | 14.33% | 0.43x | 1.93x | $2.10 Billion |
| 2013 | 13.75% | 18.09% | 0.41x | 1.83x | $5.34 Billion |
| 2014 | 14.57% | 19.36% | 0.41x | 1.83x | $6.99 Billion |
| 2015 | 13.42% | 17.24% | 0.43x | 1.82x | $5.47 Billion |
| 2016 | 14.81% | 18.68% | 0.43x | 1.85x | $8.00 Billion |
| 2017 | 14.51% | 17.26% | 0.45x | 1.87x | $7.98 Billion |
| 2018 | 15.14% | 17.65% | 0.46x | 1.85x | $9.61 Billion |
| 2019 | 14.92% | 16.92% | 0.46x | 1.92x | $9.22 Billion |
| 2020 | 14.27% | 15.46% | 0.46x | 2.00x | $8.05 Billion |
| 2021 | 17.39% | 20.16% | 0.45x | 1.91x | $16.30 Billion |
| 2022 | 13.05% | 13.33% | 0.48x | 2.06x | $6.98 Billion |
| 2023 | 5.01% | 4.31% | 0.50x | 2.30x | $-10.71 Billion |
| 2024 | 28.76% | 12.60% | 0.68x | 3.35x | $22.41 Billion |
| 2025 | 26.43% | 12.51% | 0.65x | 3.23x | $21.48 Billion |
Industry Comparison
This section compares Trend Micro Inc.'s net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $237,144,588
- Average return on equity (ROE) among peers: -85.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Trend Micro Inc. (TMICF) | $131.24 Billion | 3.00% | 2.22x | $5.46 Billion |
| Automatic Bank Services Limited (ABANF) | $231.37 Million | 16.52% | 0.19x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $76.50 Million | 16.47% | 0.61x | $4.01 Billion |
| Adyen N.V (ADYYF) | $389.78 Million | 18.29% | 1.92x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $418.95 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $456.38 Million | -22.32% | 0.05x | $3.74 Million |
| Affluence Corporation (AFFU) | $-639.00K | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $923.68K | -706.52% | 2.04x | $2.86 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.15 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 1.83% | 0.09x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $15.17 Million | 5.61% | 0.31x | $383.57 Million |