TotalEnergies SE
TotalEnergies SE, a multi-energy company, produces and markets oil and biofuels, natural and green gas, biogas and low-carbon hydrogen, renewables, and electricity in France, rest of Europe, North America, Africa, and internationally. It operates through five segments: Exploration & Production, Integrated LNG, Integrated Power, Refining & Chemicals, and Marketing & Services. The Exploration & Pro… Read more
TotalEnergies SE (TTFNF) - Net Assets
Latest net assets as of September 2025: $117.67 Billion USD
Based on the latest financial reports, TotalEnergies SE (TTFNF) has net assets worth $117.67 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 ($291.96 Billion) and total liabilities ($174.29 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 | $117.67 Billion |
| % of Total Assets | 40.3% |
| Annual Growth Rate | 8.53% |
| 5-Year Change | 13.36% |
| 10-Year Change | 26.04% |
| Growth Volatility | 23.78 |
TotalEnergies SE - Net Assets Trend (1992–2024)
This chart illustrates how TotalEnergies SE's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TotalEnergies SE (1992–2024)
The table below shows the annual net assets of TotalEnergies SE from 1992 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $120.25 Billion | +0.67% |
| 2023-12-31 | $119.45 Billion | +4.26% |
| 2022-12-31 | $114.57 Billion | -0.37% |
| 2021-12-31 | $115.00 Billion | +8.40% |
| 2020-12-31 | $106.08 Billion | -11.08% |
| 2019-12-31 | $119.31 Billion | +1.01% |
| 2018-12-31 | $118.11 Billion | +3.58% |
| 2017-12-31 | $114.04 Billion | +12.27% |
| 2016-12-31 | $101.57 Billion | +6.46% |
| 2015-12-31 | $95.41 Billion | +2.01% |
| 2014-12-31 | $93.53 Billion | -9.58% |
| 2013-12-31 | $103.44 Billion | +5.42% |
| 2012-12-31 | $98.12 Billion | +9.10% |
| 2011-12-31 | $89.93 Billion | +10.37% |
| 2010-12-31 | $81.49 Billion | +6.23% |
| 2009-12-31 | $76.71 Billion | +10.31% |
| 2008-12-31 | $69.54 Billion | +4.19% |
| 2007-12-31 | $66.74 Billion | +22.89% |
| 2006-12-31 | $54.31 Billion | +10.62% |
| 2005-12-31 | $49.09 Billion | +13.65% |
| 2004-12-31 | $43.20 Billion | +10.59% |
| 2003-12-31 | $39.06 Billion | +13.14% |
| 2002-12-31 | $34.52 Billion | +11.20% |
| 2001-12-31 | $31.05 Billion | -0.58% |
| 2000-12-31 | $31.23 Billion | +4.01% |
| 1999-12-31 | $30.02 Billion | +137.25% |
| 1998-12-31 | $12.65 Billion | +9.31% |
| 1997-12-31 | $11.58 Billion | -4.42% |
| 1996-12-31 | $12.11 Billion | +5.70% |
| 1995-12-31 | $11.46 Billion | +9.73% |
| 1994-12-31 | $10.44 Billion | +11.49% |
| 1993-12-31 | $9.37 Billion | +6.94% |
| 1992-12-31 | $8.76 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to TotalEnergies SE'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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $7.57 Billion | 6.43% |
| Other Comprehensive Income | $-15.26 Billion | -12.95% |
| Other Components | $125.54 Billion | 106.52% |
| Total Equity | $117.86 Billion | 100.00% |
TotalEnergies SE Competitors by Market Cap
The table below lists competitors of TotalEnergies SE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Progressive Corp
NYSE:PGR
|
$117.47 Billion |
|
Intesa Sanpaolo SpA PK
PINK:ISNPY
|
$117.88 Billion |
|
Contemporary Amperex Technology Co Ltd Class A
SHE:300750
|
$118.06 Billion |
|
British American Tobacco p.l.c.
NYSE:BTI
|
$118.62 Billion |
|
Palo Alto Networks Inc
NASDAQ:PANW
|
$116.59 Billion |
|
Chubb Ltd
NYSE:CB
|
$116.11 Billion |
|
Newmont Goldcorp Corp
NYSE:NEM
|
$116.02 Billion |
|
Enbridge Inc
NYSE:ENB
|
$115.97 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TotalEnergies SE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 116,753,000,000 to 117,858,000,000, a change of 1,105,000,000 (0.9%).
- Net income of 15,758,000,000 contributed positively to equity growth.
- Dividend payments of 7,717,000,000 reduced retained earnings.
- Share repurchases of 7,995,000,000 reduced equity.
- New share issuances of 521,000,000 increased equity.
- Other comprehensive income decreased equity by 1,558,000,000.
- Other factors increased equity by 2,096,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $15.76 Billion | +13.37% |
| Dividends Paid | $7.72 Billion | -6.55% |
| Share Repurchases | $8.00 Billion | -6.78% |
| Share Issuances | $521.00 Million | +0.44% |
| Other Comprehensive Income | $-1.56 Billion | -1.32% |
| Other Changes | $2.10 Billion | +1.78% |
| Total Change | $- | 0.95% |
Book Value vs Market Value Analysis
This analysis compares TotalEnergies SE'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: 1.27x
- 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 6.56x to 1.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1992-12-31 | $9.88 | $64.77 | x |
| 1993-12-31 | $10.16 | $64.77 | x |
| 1994-12-31 | $10.79 | $64.77 | x |
| 1995-12-31 | $11.73 | $64.77 | x |
| 1996-12-31 | $12.18 | $64.77 | x |
| 1997-12-31 | $11.55 | $64.77 | x |
| 1998-12-31 | $12.63 | $64.77 | x |
| 1999-12-31 | $10.22 | $64.77 | x |
| 2000-12-31 | $10.84 | $64.77 | x |
| 2001-12-31 | $11.02 | $64.77 | x |
| 2002-12-31 | $12.84 | $64.77 | x |
| 2003-12-31 | $15.30 | $64.77 | x |
| 2004-12-31 | $17.52 | $64.77 | x |
| 2005-12-31 | $20.38 | $64.77 | x |
| 2006-12-31 | $23.01 | $64.77 | x |
| 2007-12-31 | $28.80 | $64.77 | x |
| 2008-12-31 | $30.36 | $64.77 | x |
| 2009-12-31 | $33.65 | $64.77 | x |
| 2010-12-31 | $35.80 | $64.77 | x |
| 2011-12-31 | $39.07 | $64.77 | x |
| 2012-12-31 | $42.54 | $64.77 | x |
| 2013-12-31 | $44.15 | $64.77 | x |
| 2014-12-31 | $39.60 | $64.77 | x |
| 2015-12-31 | $40.14 | $64.77 | x |
| 2016-12-31 | $41.29 | $64.77 | x |
| 2017-12-31 | $44.72 | $64.77 | x |
| 2018-12-31 | $44.07 | $64.77 | x |
| 2019-12-31 | $44.61 | $64.77 | x |
| 2020-12-31 | $39.85 | $64.77 | x |
| 2021-12-31 | $42.20 | $64.77 | x |
| 2022-12-31 | $43.44 | $64.77 | x |
| 2023-12-31 | $47.97 | $64.77 | x |
| 2024-12-31 | $50.92 | $64.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TotalEnergies SE 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): 13.37%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.06%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 2.42x
- Recent ROE (13.37%) is below the historical average (14.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1992 | 6.17% | 2.08% | 1.18x | 2.51x | $-319.34 Million |
| 1993 | 5.61% | 2.19% | 1.01x | 2.53x | $-394.76 Million |
| 1994 | 6.35% | 2.48% | 1.01x | 2.53x | $-364.93 Million |
| 1995 | 4.18% | 1.66% | 0.98x | 2.58x | $-638.85 Million |
| 1996 | 9.32% | 3.20% | 1.12x | 2.61x | $-79.24 Million |
| 1997 | 11.17% | 3.98% | 1.26x | 2.23x | $132.45 Million |
| 1998 | 8.39% | 3.64% | 1.05x | 2.19x | $-198.78 Million |
| 1999 | 5.38% | 3.60% | 0.52x | 2.87x | $-1.32 Billion |
| 2000 | 21.31% | 6.03% | 1.31x | 2.71x | $3.45 Billion |
| 2001 | 22.57% | 7.27% | 1.19x | 2.61x | $3.80 Billion |
| 2002 | 18.48% | 5.79% | 1.20x | 2.65x | $2.86 Billion |
| 2003 | 23.10% | 6.71% | 1.31x | 2.63x | $5.01 Billion |
| 2004 | 30.75% | 7.83% | 1.46x | 2.69x | $8.79 Billion |
| 2005 | 30.20% | 8.57% | 1.35x | 2.61x | $9.71 Billion |
| 2006 | 29.18% | 8.87% | 1.26x | 2.61x | $10.21 Billion |
| 2007 | 29.38% | 9.63% | 1.21x | 2.53x | $12.70 Billion |
| 2008 | 21.62% | 6.61% | 1.36x | 2.41x | $7.92 Billion |
| 2009 | 16.07% | 7.53% | 0.88x | 2.43x | $4.57 Billion |
| 2010 | 17.50% | 7.53% | 0.98x | 2.38x | $6.02 Billion |
| 2011 | 18.04% | 7.37% | 1.02x | 2.41x | $7.09 Billion |
| 2012 | 14.67% | 5.87% | 1.06x | 2.36x | $4.50 Billion |
| 2013 | 11.62% | 4.92% | 0.99x | 2.39x | $1.63 Billion |
| 2014 | 4.70% | 2.00% | 0.92x | 2.54x | $-4.79 Billion |
| 2015 | 5.50% | 3.55% | 0.64x | 2.43x | $-4.16 Billion |
| 2016 | 6.28% | 4.84% | 0.55x | 2.34x | $-3.67 Billion |
| 2017 | 7.74% | 5.79% | 0.61x | 2.17x | $-2.52 Billion |
| 2018 | 9.90% | 6.22% | 0.72x | 2.22x | $-118.00 Million |
| 2019 | 9.65% | 6.39% | 0.64x | 2.34x | $-410.80 Million |
| 2020 | -6.98% | -6.05% | 0.45x | 2.57x | $-17.61 Billion |
| 2021 | 14.35% | 8.68% | 0.63x | 2.63x | $4.86 Billion |
| 2022 | 18.37% | 7.80% | 0.87x | 2.72x | $9.35 Billion |
| 2023 | 18.32% | 9.77% | 0.77x | 2.43x | $9.71 Billion |
| 2024 | 13.37% | 8.06% | 0.69x | 2.42x | $3.97 Billion |
Industry Comparison
This section compares TotalEnergies SE's net assets metrics with peer companies in the Oil & Gas Integrated industry.
Industry Context
- Industry: Oil & Gas Integrated
- Average net assets among peers: $29,172,540,419
- Average return on equity (ROE) among peers: -0.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TotalEnergies SE (TTFNF) | $117.67 Billion | 6.17% | 1.48x | $117.16 Billion |
| Bedford Energy Inc (BFDE) | $270.56K | 33.19% | 3.36x | $0.96 |
| Brinx Resources Ltd (BNXR) | $1.46 Million | -70.18% | 0.06x | $1.97K |
| BP p.l.c (BPAQF) | $119.62 Billion | 9.68% | 1.52x | $69.85 Billion |
| Crown LNG Holdings Limited Ordinary Shares (CGBS) | $35.68 Million | -13.20% | 0.48x | $16.80K |
| Crown LNG Holdings Limited Warrants (CGBSW) | $14.55 Million | 0.00% | 2.36x | $834.21K |
| CNVEF (CNVEF) | $19.20 Billion | 11.43% | 0.86x | $18.53 Billion |
| Cenovus Energy Inc (CVE) | $19.98 Billion | 16.85% | 1.05x | $37.45 Billion |
| Chevron Corp (CVX) | $132.73 Billion | -4.18% | 0.81x | $368.25 Billion |
| Diversified Energy Company plc (DEC) | $89.66 Million | 9.90% | 1.55x | $994.50 Million |
| ECA Marcellus Trust I Unit (ECTM) | $55.79 Million | 6.23% | 0.02x | $4.62K |