Skanska AB (publ) Net Assets
Skanska AB (publ) net assets. Based on the latest financial reports, Skanska AB (publ) (SKA-B) has net assets worth Skr61.70 Billion SEK (≈ $6.64 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr166.15 Billion ≈ $17.88 Billion USD) and total liabilities (Skr104.45 Billion ≈ $11.24 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. See SKA-B net asset quality score to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr61.70 Billion |
| % of Total Assets | 37.14% |
| Annual Growth Rate | 6.51% |
| 5-Year Change | 35.28% |
| 10-Year Change | 125.23% |
| Growth Volatility | 7.75 |
Net Assets of Skanska AB (publ) (2002–2025)
Net assets of Skanska AB (publ) from 2002 to 2025. This chart illustrates how Skanska AB (publ)'s net assets have evolved over time, based on quarterly financial data. Also explore Skanska AB (publ) net asset momentum to track the company's year-over-year net asset growth rate.
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 market cap and overall valuation, see Skanska AB (publ) (SKA-B) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr61.95 Billion ≈ $6.67 Billion |
-1.06% |
| 2024-12-31 | Skr62.62 Billion ≈ $6.74 Billion |
+11.12% |
| 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 |
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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.
Skanska AB (publ) Net Assets Breakdown (December 2025)
Skanska AB (publ) net assets breakdown by equity component as of 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 |
|---|---|
|
Embraer SA ADR
NYSE:ERJ
|
$12.00 Billion |
|
McCormick & Company Incorporated
NYSE:MKC
|
$12.01 Billion |
|
ZTO Express (Cayman) Inc
F:ZTOA
|
$12.02 Billion |
|
MAPFRE S.A.ADR 2 / EO-10
F:CMA
|
$12.03 Billion |
|
BWX Technologies Inc
NYSE:BWXT
|
$11.97 Billion |
|
Lennox International Inc
NYSE:LII
|
$11.97 Billion |
|
PRADA S.P.A.UNS.ADR/2 EO1
F:PRP0
|
$11.97 Billion |
|
Manhattan Associates Inc
NASDAQ:MANH
|
$11.95 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: 1.89x
- 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 8.49x to 1.89x 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 | Skr282.40 | x |
| 2003-12-31 | Skr33.38 | Skr282.40 | x |
| 2004-12-31 | Skr38.83 | Skr282.40 | x |
| 2005-12-31 | Skr44.09 | Skr282.40 | x |
| 2006-12-31 | Skr45.82 | Skr282.40 | x |
| 2007-12-31 | Skr48.96 | Skr282.40 | x |
| 2008-12-31 | Skr45.64 | Skr282.40 | x |
| 2009-12-31 | Skr48.68 | Skr282.40 | x |
| 2010-12-31 | Skr49.63 | Skr282.40 | x |
| 2011-12-31 | Skr46.83 | Skr282.40 | x |
| 2012-12-31 | Skr46.40 | Skr282.40 | x |
| 2013-12-31 | Skr51.22 | Skr282.40 | x |
| 2014-12-31 | Skr51.17 | Skr282.40 | x |
| 2015-12-31 | Skr58.10 | Skr282.40 | x |
| 2016-12-31 | Skr66.36 | Skr282.40 | x |
| 2017-12-31 | Skr65.70 | Skr282.40 | x |
| 2018-12-31 | Skr71.10 | Skr282.40 | x |
| 2019-12-31 | Skr79.80 | Skr282.40 | x |
| 2020-12-31 | Skr93.22 | Skr282.40 | x |
| 2021-12-31 | Skr109.95 | Skr282.40 | x |
| 2022-12-31 | Skr132.82 | Skr282.40 | x |
| 2023-12-31 | Skr135.71 | Skr282.40 | x |
| 2024-12-31 | Skr150.77 | Skr282.40 | x |
| 2025-12-31 | Skr149.04 | Skr282.40 | 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: $1,340,650,400
- Average return on equity (ROE) among peers: 9.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Skanska AB (publ) (SKA-B) | Skr61.70 Billion | 6.01% | 1.69x | $11.99 Billion |
| Afry AB (AFRY) | $581.18 Million | 35.17% | 1.10x | $1.52 Billion |
| Bravida Holding AB (BRAV) | $3.70 Billion | 4.70% | 1.88x | $3.41 Billion |
| Bygg Partner i Dalarna Holding AB (BYGGP) | $168.18 Million | 31.71% | 3.39x | $180.54 Million |
| Fasadgruppen Group AB (FG) | $2.33 Billion | 0.03% | 2.03x | $139.59 Million |
| Hexicon AB (HEXI) | $4.79 Million | -188.28% | 4.92x | $4.44 Million |
| Hifab Group AB Series B (HIFA-B) | $65.05 Million | 8.11% | 1.86x | $20.03 Million |
| Hultström Group B (HULT-B) | $60.21 Million | 21.18% | 1.68x | $25.20 Million |
| Infrea AB (INFREA) | $372.30 Million | 12.30% | 0.74x | $37.09 Million |
| Instalco Intressenter AB (INSTAL) | $553.40 Million | 25.30% | 1.76x | $1.16 Billion |
| NCC AB (publ) (NCC-A) | $5.57 Billion | 143.37% | 3.55x | $132.77 Million |
About Skanska AB (publ)
Skanska AB (publ) operates as a construction and project development company in the Nordics, Europe, and the United States. It operates through four segments: Construction, Residential Development, Commercial Property Development, and Investment Properties. The Construction segment builds social infrastructure, including schools, hospitals, healthcare, and judicial buildings; mass transit compris… Read more