Veolia Environnement S.A
Veolia Environnement SA designs and provides water, waste, and energy management solutions. It operates through France and Special Waste Europe; Europe excluding France; Rest of the World; Water Technologies; and Other segments. The company is involved in resource management; production, treatment, distribution, and delivery of drinking and industrial process water; customer relationship manageme… Read more
Veolia Environnement S.A (VEOEF) - Net Assets
Latest net assets as of December 2025: $9.43 Billion USD
Based on the latest financial reports, Veolia Environnement S.A (VEOEF) has net assets worth $9.43 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 ($70.64 Billion) and total liabilities ($61.22 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 | $9.43 Billion |
| % of Total Assets | 13.35% |
| Annual Growth Rate | 5.92% |
| 5-Year Change | -8.53% |
| 10-Year Change | 6.23% |
| Growth Volatility | 58.25 |
Veolia Environnement S.A - Net Assets Trend (1999–2025)
This chart illustrates how Veolia Environnement 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 Veolia Environnement S.A (1999–2025)
The table below shows the annual net assets of Veolia Environnement S.A from 1999 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $9.43 Billion | -38.39% |
| 2024-12-31 | $15.31 Billion | +4.11% |
| 2023-12-31 | $14.70 Billion | +29.30% |
| 2022-12-31 | $11.37 Billion | +10.29% |
| 2021-12-31 | $10.31 Billion | +23.63% |
| 2020-12-31 | $8.34 Billion | +17.80% |
| 2019-12-31 | $7.08 Billion | -0.92% |
| 2018-12-31 | $7.14 Billion | -17.47% |
| 2017-12-31 | $8.66 Billion | -2.48% |
| 2016-12-31 | $8.88 Billion | -6.60% |
| 2015-12-31 | $9.50 Billion | +0.47% |
| 2014-12-31 | $9.46 Billion | -2.32% |
| 2013-12-31 | $9.68 Billion | +6.11% |
| 2012-12-31 | $9.13 Billion | -7.21% |
| 2011-12-31 | $9.84 Billion | -9.73% |
| 2010-12-31 | $10.89 Billion | +7.54% |
| 2009-12-31 | $10.13 Billion | +6.03% |
| 2008-12-31 | $9.55 Billion | -6.39% |
| 2007-12-31 | $10.21 Billion | +55.75% |
| 2006-12-31 | $6.55 Billion | +15.19% |
| 2005-12-31 | $5.69 Billion | +1.33% |
| 2004-12-31 | $5.61 Billion | -10.08% |
| 2003-12-31 | $6.24 Billion | -30.03% |
| 2002-12-31 | $8.92 Billion | +9.01% |
| 2001-12-31 | $8.19 Billion | -0.93% |
| 2000-12-31 | $8.26 Billion | +290.43% |
| 1999-12-31 | $2.12 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Veolia Environnement 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 decreased by 1744.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.71 Billion | 52.80% |
| Other Comprehensive Income | $-6.14 Billion | -87.44% |
| Other Components | $14.50 Billion | 206.49% |
| Total Equity | $7.02 Billion | 100.00% |
Veolia Environnement S.A Competitors by Market Cap
The table below lists competitors of Veolia Environnement S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
United Therapeutics Corporation
NASDAQ:UTHR
|
$21.42 Billion |
|
Leidos Holdings Inc
NYSE:LDOS
|
$21.44 Billion |
|
Volkswagen AG Non-Vtg Pfd.
WAR:VOW
|
$21.44 Billion |
|
AerCap Holdings NV
NYSE:AER
|
$21.49 Billion |
|
Woolworths Group Limited
PINK:WOLWF
|
$21.36 Billion |
|
MPLX LP
NYSE:MPLX
|
$21.35 Billion |
|
Victory Giant Technology Huizhou Co Ltd
SHE:300476
|
$21.35 Billion |
|
Tenaga Nasional Berhad
PINK:TNABY
|
$21.35 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Veolia Environnement S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 12,915,000,000 to 7,021,369,000, a change of -5,893,631,000 (-45.6%).
- Net income of 1,216,544,186 contributed positively to equity growth.
- Dividend payments of 1,022,616,846 reduced retained earnings.
- Share repurchases of 1,562,414,595 reduced equity.
- New share issuances of 325,000,000 increased equity.
- Other comprehensive income decreased equity by 5,832,700,000.
- Other factors increased equity by 982,556,255.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.22 Billion | +17.33% |
| Dividends Paid | $1.02 Billion | -14.56% |
| Share Repurchases | $1.56 Billion | -22.25% |
| Share Issuances | $325.00 Million | +4.63% |
| Other Comprehensive Income | $-5.83 Billion | -83.07% |
| Other Changes | $982.56 Million | +13.99% |
| Total Change | $- | -45.63% |
Book Value vs Market Value Analysis
This analysis compares Veolia Environnement 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: 3.52x
- 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 21.92x to 3.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $1.52 | $33.32 | x |
| 2000-12-31 | $10.53 | $33.32 | x |
| 2001-12-31 | $7.98 | $33.32 | x |
| 2002-12-31 | $8.66 | $33.32 | x |
| 2003-12-31 | $4.24 | $33.32 | x |
| 2004-12-31 | $4.26 | $33.32 | x |
| 2005-12-31 | $4.58 | $33.32 | x |
| 2006-12-31 | $5.20 | $33.32 | x |
| 2007-12-31 | $8.36 | $33.32 | x |
| 2008-12-31 | $7.16 | $33.32 | x |
| 2009-12-31 | $7.62 | $33.32 | x |
| 2010-12-31 | $8.00 | $33.32 | x |
| 2011-12-31 | $6.87 | $33.32 | x |
| 2012-12-31 | $14.05 | $33.32 | x |
| 2013-12-31 | $15.65 | $33.32 | x |
| 2014-12-31 | $15.27 | $33.32 | x |
| 2015-12-31 | $15.20 | $33.32 | x |
| 2016-12-31 | $13.63 | $33.32 | x |
| 2017-12-31 | $13.06 | $33.32 | x |
| 2018-12-31 | $10.39 | $33.32 | x |
| 2019-12-31 | $9.89 | $33.32 | x |
| 2020-12-31 | $12.04 | $33.32 | x |
| 2021-12-31 | $18.64 | $33.32 | x |
| 2022-12-31 | $17.16 | $33.32 | x |
| 2023-12-31 | $16.84 | $33.32 | x |
| 2024-12-31 | $8.71 | $33.32 | x |
| 2025-12-31 | $9.47 | $33.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Veolia Environnement 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): 17.33%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.74%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 10.06x
- Recent ROE (17.33%) is above the historical average (1.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -6.24% | -0.20% | 0.51x | 61.06x | $-110.11 Million |
| 2000 | 9.90% | 2.33% | 0.66x | 6.41x | $-6.05 Million |
| 2001 | -39.22% | -7.73% | 0.66x | 7.74x | $-2.80 Billion |
| 2002 | 5.36% | 1.13% | 0.72x | 6.64x | $-294.03 Million |
| 2003 | -57.48% | -7.18% | 0.73x | 10.89x | $-2.41 Billion |
| 2004 | 3.52% | 0.51% | 0.68x | 10.18x | $-230.75 Million |
| 2005 | 16.36% | 2.46% | 0.70x | 9.55x | $241.76 Million |
| 2006 | 17.40% | 2.65% | 0.71x | 9.20x | $322.62 Million |
| 2007 | 12.17% | 2.84% | 0.70x | 6.08x | $165.41 Million |
| 2008 | 5.79% | 1.12% | 0.74x | 7.02x | $-295.72 Million |
| 2009 | 7.83% | 1.69% | 0.69x | 6.68x | $-161.96 Million |
| 2010 | 7.01% | 1.61% | 0.68x | 6.47x | $-238.12 Million |
| 2011 | -6.93% | -1.65% | 0.59x | 7.13x | $-1.20 Billion |
| 2012 | -0.39% | -0.12% | 0.52x | 6.24x | $-743.01 Million |
| 2013 | -2.49% | -0.89% | 0.63x | 4.42x | $-1.02 Billion |
| 2014 | 2.92% | 1.01% | 0.69x | 4.19x | $-587.39 Million |
| 2015 | 5.25% | 1.75% | 0.70x | 4.30x | $-396.13 Million |
| 2016 | 4.94% | 1.58% | 0.64x | 4.90x | $-391.82 Million |
| 2017 | 4.40% | 1.33% | 0.65x | 5.11x | $-420.39 Million |
| 2018 | 6.25% | 1.44% | 0.69x | 6.28x | $-224.34 Million |
| 2019 | 12.32% | 2.69% | 0.66x | 6.91x | $137.93 Million |
| 2020 | 1.23% | 0.34% | 0.57x | 6.27x | $-635.14 Million |
| 2021 | 3.51% | 1.42% | 0.54x | 4.61x | $-747.50 Million |
| 2022 | 5.84% | 1.67% | 0.59x | 5.98x | $-509.50 Million |
| 2023 | 7.61% | 2.07% | 0.62x | 5.89x | $-294.10 Million |
| 2024 | 8.50% | 2.46% | 0.61x | 5.65x | $-193.50 Million |
| 2025 | 17.33% | 2.74% | 0.63x | 10.06x | $514.41 Million |
Industry Comparison
This section compares Veolia Environnement S.A's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $61,795,124
- Average return on equity (ROE) among peers: -17.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Veolia Environnement S.A (VEOEF) | $9.43 Billion | -6.24% | 6.49x | $21.41 Billion |
| American Battery Technology Company Common Stock (ABAT) | $70.60 Million | -66.24% | 0.20x | $410.46 Million |
| Agilyx AS (AGXXF) | $35.34 Million | 10.45% | 1.10x | $152.59 Million |
| Ambipar Emergency Response (AMBI) | $8.37 Million | 0.00% | 1.76x | $5.74 Million |
| Anaergia Inc (ANRGF) | $125.77 Million | -18.04% | 2.60x | $20.51 Million |
| Aqua Metals Inc (AQMS) | $31.14 Million | -82.73% | 0.13x | $12.23 Million |
| Avalon Holdings Corporation (AWX) | $39.44 Million | 3.70% | 0.21x | $5.00 Million |
| BacTech Environmental Corporation (BCCEF) | $-1.02 Million | 0.00% | 0.00x | $7.36 Million |
| Befesa S.A (BFSAF) | $259.26 Million | -13.65% | 3.41x | $1.39 Billion |
| BluMetric Environmental Inc. (BLMWF) | $12.19 Million | 4.16% | 0.64x | $27.18 Million |
| BQE Water Inc (BTQNF) | $36.85 Million | -14.23% | 0.05x | $25.45 Million |