Skanska AB (publ) (SKA-B) - Net Assets

Latest as of March 2026: Skr58.48 Billion SEK ≈ $6.29 Billion USD

Based on the latest financial reports, Skanska AB (publ) (SKA-B) has net assets worth Skr58.48 Billion SEK (≈ $6.29 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr163.92 Billion ≈ $17.64 Billion USD) and total liabilities (Skr105.45 Billion ≈ $11.35 Billion USD). 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. Also explore balance sheet size of Skanska AB (publ) for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Skr58.48 Billion
% of Total Assets	35.67%
Annual Growth Rate	6.51%
5-Year Change	35.28%
10-Year Change	125.23%
Growth Volatility	7.75

Skanska AB (publ) - Net Assets Trend (2002–2025)

This chart illustrates how Skanska AB (publ)'s net assets have evolved over time, based on quarterly financial data. Check tangible net worth ratio of Skanska AB (publ) to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Skanska AB (publ) (2002–2025)

The table below shows the annual net assets of Skanska AB (publ) from 2002 to 2025. For live valuation and market cap data, see market value of Skanska AB (publ).

Year	Net Assets	Change
2025-12-31	Skr61.95 Billion ≈ $6.67 Billion	-1.06%
2024-12-31	Skr62.62 Billion ≈ $6.74 Billion	+11.13%
2023-12-31	Skr56.35 Billion ≈ $6.06 Billion	+1.98%
2022-12-31	Skr55.26 Billion ≈ $5.95 Billion	+20.65%
2021-12-31	Skr45.80 Billion ≈ $4.93 Billion	+18.28%
2020-12-31	Skr38.72 Billion ≈ $4.17 Billion	+17.25%
2019-12-31	Skr33.02 Billion ≈ $3.55 Billion	+12.52%
2018-12-31	Skr29.35 Billion ≈ $3.16 Billion	+7.95%
2017-12-31	Skr27.18 Billion ≈ $2.93 Billion	-1.17%
2016-12-31	Skr27.51 Billion ≈ $2.96 Billion	+13.63%
2015-12-31	Skr24.21 Billion ≈ $2.60 Billion	+13.09%
2014-12-31	Skr21.41 Billion ≈ $2.30 Billion	+0.31%
2013-12-31	Skr21.34 Billion ≈ $2.30 Billion	+10.26%
2012-12-31	Skr19.35 Billion ≈ $2.08 Billion	-1.17%
2011-12-31	Skr19.58 Billion ≈ $2.11 Billion	-5.81%
2010-12-31	Skr20.79 Billion ≈ $2.24 Billion	+1.64%
2009-12-31	Skr20.46 Billion ≈ $2.20 Billion	+6.28%
2008-12-31	Skr19.25 Billion ≈ $2.07 Billion	-7.12%
2007-12-31	Skr20.72 Billion ≈ $2.23 Billion	+7.17%
2006-12-31	Skr19.34 Billion ≈ $2.08 Billion	+4.04%
2005-12-31	Skr18.59 Billion ≈ $2.00 Billion	+13.56%
2004-12-31	Skr16.37 Billion ≈ $1.76 Billion	+13.91%
2003-12-31	Skr14.37 Billion ≈ $1.55 Billion	-1.01%
2002-12-31	Skr14.52 Billion ≈ $1.56 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Skanska AB (publ)'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 6190.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	Skr52.66 Billion	85.26%
Common Stock	Skr1.26 Billion	2.04%
Other Comprehensive Income	Skr2.55 Billion	4.13%
Other Components	Skr5.30 Billion	8.58%
Total Equity	Skr61.76 Billion	100.00%

Skanska AB (publ) Competitors by Market Cap

The table below lists competitors of Skanska AB (publ) ranked by their market capitalization.

Company	Market Cap
Biomarin Pharmaceutical Inc NASDAQ:BMRN	$10.93 Billion
Oracle Financial Services Software Limited NSE:OFSS	$10.94 Billion
Assurant Inc NYSE:AIZ	$10.94 Billion
Jfrog Ltd NASDAQ:FROG	$10.95 Billion
China Railway Construction Corp Ltd SHG:601186	$10.91 Billion
American Financial Group, Inc. NYSE:AFG	$10.91 Billion
Hyundai Rotem Co KO:064350	$10.89 Billion
Jiangxi Ganfeng Lithium Co Ltd SHE:002460	$10.89 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Skanska AB (publ)'s equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 62,466,000,000 to 61,760,000,000, a change of -706,000,000 (-1.1%).
Net income of 5,702,000,000 contributed positively to equity growth.
Dividend payments of 3,320,000,000 reduced retained earnings.
Share repurchases of 89,000,000 reduced equity.
Other comprehensive income decreased equity by 3,840,000,000.
Other factors increased equity by 841,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Skr5.70 Billion	+9.23%
Dividends Paid	Skr3.32 Billion	-5.38%
Share Repurchases	Skr89.00 Million	-0.14%
Other Comprehensive Income	Skr-3.84 Billion	-6.22%
Other Changes	Skr841.00 Million	+1.36%
Total Change	Skr-	-1.13%

Book Value vs Market Value Analysis

This analysis compares Skanska AB (publ)'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: 1.73x
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 7.73x to 1.73x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2002-12-31	Skr33.26	Skr257.20	x
2003-12-31	Skr33.38	Skr257.20	x
2004-12-31	Skr38.83	Skr257.20	x
2005-12-31	Skr44.09	Skr257.20	x
2006-12-31	Skr45.82	Skr257.20	x
2007-12-31	Skr48.96	Skr257.20	x
2008-12-31	Skr45.64	Skr257.20	x
2009-12-31	Skr48.68	Skr257.20	x
2010-12-31	Skr49.63	Skr257.20	x
2011-12-31	Skr46.83	Skr257.20	x
2012-12-31	Skr46.40	Skr257.20	x
2013-12-31	Skr51.22	Skr257.20	x
2014-12-31	Skr51.17	Skr257.20	x
2015-12-31	Skr58.10	Skr257.20	x
2016-12-31	Skr66.36	Skr257.20	x
2017-12-31	Skr65.70	Skr257.20	x
2018-12-31	Skr71.10	Skr257.20	x
2019-12-31	Skr79.80	Skr257.20	x
2020-12-31	Skr93.22	Skr257.20	x
2021-12-31	Skr109.95	Skr257.20	x
2022-12-31	Skr132.82	Skr257.20	x
2023-12-31	Skr135.71	Skr257.20	x
2024-12-31	Skr150.77	Skr257.20	x
2025-12-31	Skr149.04	Skr257.20	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Skanska AB (publ) 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): 9.23%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.23%
• Asset Turnover: 1.12x
• Equity Multiplier: 2.56x
Recent ROE (9.23%) is below the historical average (17.56%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2002	6.01%	0.59%	1.85x	5.51x	Skr-554.90 Million
2003	19.77%	2.08%	1.99x	4.78x	Skr1.36 Billion
2004	19.52%	2.62%	1.92x	3.88x	Skr1.55 Billion
2005	21.02%	3.13%	1.74x	3.86x	Skr2.03 Billion
2006	18.94%	2.89%	1.76x	3.72x	Skr1.72 Billion
2007	19.97%	2.95%	1.76x	3.85x	Skr2.04 Billion
2008	16.55%	2.20%	1.72x	4.38x	Skr1.25 Billion
2009	17.88%	2.65%	1.68x	4.01x	Skr1.60 Billion
2010	19.49%	3.30%	1.57x	3.76x	Skr1.96 Billion
2011	39.12%	6.40%	1.43x	4.26x	Skr5.65 Billion
2012	14.87%	2.21%	1.47x	4.60x	Skr934.30 Million
2013	17.78%	2.76%	1.56x	4.13x	Skr1.65 Billion
2014	18.08%	2.68%	1.54x	4.37x	Skr1.72 Billion
2015	19.85%	3.12%	1.57x	4.06x	Skr2.37 Billion
2016	20.92%	3.94%	1.36x	3.89x	Skr2.99 Billion
2017	15.13%	2.59%	1.44x	4.04x	Skr1.39 Billion
2018	15.63%	2.66%	1.48x	3.98x	Skr1.65 Billion
2019	18.32%	3.49%	1.37x	3.83x	Skr2.74 Billion
2020	25.57%	6.16%	1.28x	3.25x	Skr6.01 Billion
2021	15.03%	4.77%	1.03x	3.04x	Skr2.30 Billion
2022	14.98%	5.06%	1.08x	2.75x	Skr2.74 Billion
2023	8.89%	2.99%	1.08x	2.76x	Skr-622.10 Million
2024	8.89%	3.15%	1.03x	2.74x	Skr-694.60 Million
2025	9.23%	3.23%	1.12x	2.56x	Skr-474.00 Million

Industry Comparison

This section compares Skanska AB (publ)'s net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

Industry: Engineering & Construction
Average net assets among peers: $1,866,733,400
Average return on equity (ROE) among peers: -3.76%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Skanska AB (publ) (SKA-B)	Skr58.48 Billion	6.01%	1.80x	$10.92 Billion
Afry AB (AFRY)	$3.67 Billion	14.23%	0.93x	$1.22 Billion
Bravida Holding AB (BRAV)	$879.00 Million	0.00%	4.51x	$3.01 Billion
Bygg Partner i Dalarna Holding AB (BYGGP)	$154.20 Million	34.84%	3.26x	$211.77 Million
Fasadgruppen Group AB (FG)	$2.18 Billion	10.04%	1.39x	$188.82 Million
Hexicon AB (HEXI)	$91.85 Million	-41.39%	0.28x	$5.09 Million
Hifab Group AB Series B (HIFA-B)	$57.36 Million	-114.11%	3.31x	$20.03 Million
Hultström Group B (HULT-B)	$85.93 Million	29.91%	0.79x	$24.56 Million
Infrea AB (INFREA)	$473.50 Million	10.54%	0.88x	$40.12 Million
Instalco Intressenter AB (INSTAL)	$3.15 Billion	16.50%	2.04x	$1.19 Billion
NCC AB (publ) (NCC-A)	$7.92 Billion	1.79%	2.86x	$124.01 Million

About Skanska AB (publ)

ST:SKA-B Sweden Engineering & Construction

Market Cap

$10.92 Billion

Skr101.48 Billion SEK

Market Cap Rank

#2089 Global

#31 in Sweden

Share Price

Skr257.20

Change (1 day)

+0.82%

52-Week Range

Skr224.90 - Skr279.40

All Time High

Skr279.40