Flughafen Zurich (FHZN) - Net Assets

Latest as of December 2025: CHF3.15 Billion CHF ≈ $3.98 Billion USD

Based on the latest financial reports, Flughafen Zurich (FHZN) has net assets worth CHF3.15 Billion CHF (≈ $3.98 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 (CHF5.57 Billion ≈ $7.05 Billion USD) and total liabilities (CHF2.42 Billion ≈ $3.06 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. Check FHZN intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CHF3.15 Billion
% of Total Assets	56.5%
Annual Growth Rate	7.05%
5-Year Change	30.59%
10-Year Change	39.33%
Growth Volatility	11.09

Flughafen Zurich - Net Assets Trend (2005–2025)

This chart illustrates how Flughafen Zurich's net assets have evolved over time, based on quarterly financial data. See FHZN days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Flughafen Zurich (2005–2025)

The table below shows the annual net assets of Flughafen Zurich from 2005 to 2025. For live valuation and market cap data, see how much is Flughafen Zurich worth.

Year	Net Assets	Change
2025-12-31	CHF3.15 Billion ≈ $3.98 Billion	+6.16%
2024-12-31	CHF2.97 Billion ≈ $3.75 Billion	+5.81%
2023-12-31	CHF2.80 Billion ≈ $3.54 Billion	+4.65%
2022-12-31	CHF2.68 Billion ≈ $3.39 Billion	+11.11%
2021-12-31	CHF2.41 Billion ≈ $3.05 Billion	+3.19%
2020-12-31	CHF2.34 Billion ≈ $2.95 Billion	-5.36%
2019-12-31	CHF2.47 Billion ≈ $3.12 Billion	+2.25%
2018-12-31	CHF2.41 Billion ≈ $3.05 Billion	+0.57%
2017-12-31	CHF2.40 Billion ≈ $3.04 Billion	+6.24%
2016-12-31	CHF2.26 Billion ≈ $2.86 Billion	+2.16%
2015-12-31	CHF2.21 Billion ≈ $2.80 Billion	+3.36%
2014-12-31	CHF2.14 Billion ≈ $2.71 Billion	+4.33%
2013-12-31	CHF2.05 Billion ≈ $2.59 Billion	+10.31%
2012-12-31	CHF1.86 Billion ≈ $2.35 Billion	+3.22%
2011-12-31	CHF1.80 Billion ≈ $2.28 Billion	+6.97%
2010-12-31	CHF1.68 Billion ≈ $2.13 Billion	+5.38%
2009-12-31	CHF1.60 Billion ≈ $2.02 Billion	+11.86%
2008-12-31	CHF1.43 Billion ≈ $1.81 Billion	+4.04%
2007-12-31	CHF1.37 Billion ≈ $1.74 Billion	+11.62%
2006-12-31	CHF1.23 Billion ≈ $1.56 Billion	+52.66%
2005-12-31	CHF806.00 Million ≈ $1.02 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Flughafen Zurich'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 778.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CHF2.96 Billion	93.87%
Common Stock	CHF307.00 Million	9.75%
Other Comprehensive Income	CHF-113.00 Million	-3.59%
Total Equity	CHF3.15 Billion	100.00%

Flughafen Zurich Competitors by Market Cap

The table below lists competitors of Flughafen Zurich ranked by their market capitalization.

Company	Market Cap
STAG Industrial Inc NYSE:STAG	$7.18 Billion
Lottomatica Group SpA NYSE:LOTMY	$7.18 Billion
Silergy Corp TW:6415	$7.19 Billion
Sartorius Aktiengesellschaft F:SRT	$7.20 Billion
Ford Otomotiv Sanayi AS IS:FROTO	$7.18 Billion
Bank of India NSE:BANKINDIA	$7.17 Billion
99 Speed Mart Retail Holdings Berhad KLSE:5326	$7.17 Billion
Krafton Inc KO:259960	$7.17 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Flughafen Zurich's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 2,966,300,000 to 3,148,900,000, a change of 182,600,000 (6.2%).
Net income of 346,500,000 contributed positively to equity growth.
Dividend payments of 175,000,000 reduced retained earnings.
Share repurchases of 1,800,000 reduced equity.
Other comprehensive income decreased equity by 83,500,000.
Other factors increased equity by 96,400,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CHF346.50 Million	+11.0%
Dividends Paid	CHF175.00 Million	-5.56%
Share Repurchases	CHF1.80 Million	-0.06%
Other Comprehensive Income	CHF-83.50 Million	-2.65%
Other Changes	CHF96.40 Million	+3.06%
Total Change	CHF-	6.16%

Book Value vs Market Value Analysis

This analysis compares Flughafen Zurich'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: 2.43x
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 7.64x to 2.43x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-12-31	CHF32.66	CHF249.60	x
2006-12-31	CHF43.18	CHF249.60	x
2007-12-31	CHF44.72	CHF249.60	x
2008-12-31	CHF46.57	CHF249.60	x
2009-12-31	CHF52.29	CHF249.60	x
2010-12-31	CHF54.87	CHF249.60	x
2011-12-31	CHF58.67	CHF249.60	x
2012-12-31	CHF60.89	CHF249.60	x
2013-12-31	CHF66.78	CHF249.60	x
2014-12-31	CHF69.67	CHF249.60	x
2015-12-31	CHF72.01	CHF249.60	x
2016-12-31	CHF73.55	CHF249.60	x
2017-12-31	CHF78.20	CHF249.60	x
2018-12-31	CHF78.66	CHF249.60	x
2019-12-31	CHF80.43	CHF249.60	x
2020-12-31	CHF76.12	CHF249.60	x
2021-12-31	CHF78.54	CHF249.60	x
2022-12-31	CHF87.24	CHF249.60	x
2023-12-31	CHF91.30	CHF249.60	x
2024-12-31	CHF96.61	CHF249.60	x
2025-12-31	CHF102.56	CHF249.60	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Flughafen Zurich 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): 11.00%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 25.46%
• Asset Turnover: 0.24x
• Equity Multiplier: 1.77x
Recent ROE (11.00%) is above the historical average (8.29%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	7.34%	8.42%	0.23x	3.80x	CHF-21.48 Million
2006	7.11%	11.86%	0.23x	2.58x	CHF-35.60 Million
2007	9.51%	16.28%	0.25x	2.32x	CHF-6.66 Million
2008	8.49%	14.19%	0.25x	2.35x	CHF-21.58 Million
2009	11.92%	23.24%	0.23x	2.23x	CHF30.77 Million
2010	8.22%	16.05%	0.25x	2.09x	CHF-29.92 Million
2011	9.49%	18.88%	0.24x	2.12x	CHF-9.28 Million
2012	5.09%	9.98%	0.23x	2.19x	CHF-91.25 Million
2013	6.69%	14.06%	0.24x	1.98x	CHF-67.91 Million
2014	9.62%	21.36%	0.24x	1.87x	CHF-8.07 Million
2015	8.13%	18.16%	0.24x	1.83x	CHF-41.45 Million
2016	10.97%	24.46%	0.25x	1.80x	CHF21.88 Million
2017	11.88%	27.50%	0.24x	1.79x	CHF45.12 Million
2018	9.85%	20.63%	0.26x	1.81x	CHF-3.65 Million
2019	12.52%	25.55%	0.26x	1.88x	CHF62.23 Million
2020	-2.96%	-11.08%	0.12x	2.20x	CHF-302.81 Million
2021	-0.42%	-1.49%	0.14x	2.08x	CHF-251.22 Million
2022	7.73%	20.22%	0.20x	1.95x	CHF-60.90 Million
2023	10.85%	24.61%	0.24x	1.82x	CHF23.85 Million
2024	11.01%	24.63%	0.25x	1.75x	CHF30.07 Million
2025	11.00%	25.46%	0.24x	1.77x	CHF31.61 Million

Industry Comparison

This section compares Flughafen Zurich's net assets metrics with peer companies in the Airports & Air Services industry.

No peer company data available for comparison.

About Flughafen Zurich

SW:FHZN Switzerland Airports & Air Services

Market Cap

$9.69 Billion

CHF7.66 Billion CHF

Market Cap Rank

#2872 Global

#44 in Switzerland

Share Price

CHF249.60

Change (1 day)

+1.55%

52-Week Range

CHF215.80 - CHF264.20

All Time High

CHF264.20