Nestlé S.A.
Nestlé S.A., together with its subsidiaries, operates as a food and beverage company. It operates through Zone North America; Zone Europe; Zone Asia, Oceania and Africa; Zone Latin America; Zone Greater China; Nestlé Health Science; and Nespresso segments. It offers water under the Acqua Panna, Nestlé Pure Life, Perrier, S.Pellegrino, Sanpellegrino, and other local brands; and chocolate and confe… Read more
Nestlé S.A. (NESN) - Net Assets
Latest net assets as of December 2025: CHF33.06 Billion CHF
Based on the latest financial reports, Nestlé S.A. (NESN) has net assets worth CHF33.06 Billion CHF as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CHF127.15 Billion) and total liabilities (CHF94.09 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 | CHF33.06 Billion |
| % of Total Assets | 26.0% |
| Annual Growth Rate | 1.24% |
| 5-Year Change | -38.47% |
| 10-Year Change | -49.9% |
| Growth Volatility | 10.77 |
Nestlé S.A. - Net Assets Trend (1998–2025)
This chart illustrates how Nestlé 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 Nestlé S.A. (1998–2025)
The table below shows the annual net assets of Nestlé S.A. from 1998 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CHF33.06 Billion | -9.91% |
| 2024-12-31 | CHF36.69 Billion | +0.84% |
| 2023-12-31 | CHF36.39 Billion | -14.97% |
| 2022-12-31 | CHF42.79 Billion | -20.35% |
| 2021-12-31 | CHF53.73 Billion | +15.51% |
| 2020-12-31 | CHF46.51 Billion | -12.01% |
| 2019-12-31 | CHF52.86 Billion | -9.49% |
| 2018-12-31 | CHF58.40 Billion | -6.15% |
| 2017-12-31 | CHF62.23 Billion | -5.69% |
| 2016-12-31 | CHF65.98 Billion | +3.12% |
| 2015-12-31 | CHF63.99 Billion | -10.99% |
| 2014-12-31 | CHF71.88 Billion | +12.08% |
| 2013-12-31 | CHF64.14 Billion | +2.35% |
| 2012-12-31 | CHF62.66 Billion | +7.53% |
| 2011-12-31 | CHF58.27 Billion | -6.91% |
| 2010-12-31 | CHF62.60 Billion | +16.72% |
| 2009-12-31 | CHF53.63 Billion | -2.34% |
| 2008-12-31 | CHF54.92 Billion | +1.26% |
| 2007-12-31 | CHF54.23 Billion | +2.62% |
| 2006-12-31 | CHF52.85 Billion | +6.23% |
| 2005-12-31 | CHF49.75 Billion | +23.52% |
| 2004-12-31 | CHF40.28 Billion | +6.49% |
| 2003-12-31 | CHF37.82 Billion | +6.15% |
| 2002-12-31 | CHF35.63 Billion | +4.10% |
| 2001-12-31 | CHF34.23 Billion | +12.18% |
| 2000-12-31 | CHF30.51 Billion | +18.71% |
| 1999-12-31 | CHF25.70 Billion | +8.54% |
| 1998-12-31 | CHF23.68 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nestlé 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 grown by 287.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CHF63.05 Billion | 192.17% |
| Common Stock | CHF258.00 Million | 0.79% |
| Other Comprehensive Income | CHF-30.11 Billion | -91.78% |
| Total Equity | CHF32.81 Billion | 100.00% |
Nestlé S.A. Competitors by Market Cap
The table below lists competitors of Nestlé S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Samsung Electronics Co Ltd
PINK:SSNLF
|
$226.94 Billion |
|
GE Vernova LLC
NYSE:GEV
|
$227.10 Billion |
|
Royal Bank of Canada
NYSE:RY
|
$229.74 Billion |
|
McDonald’s Corporation
NYSE:MCD
|
$231.14 Billion |
|
Intel Corporation
NASDAQ:INTC
|
$219.71 Billion |
|
PepsiCo Inc
NASDAQ:PEP
|
$213.31 Billion |
|
Linde plc Ordinary Shares
NASDAQ:LIN
|
$210.18 Billion |
|
Naspers Limited
PINK:NAPRF
|
$198.66 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nestlé S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 35,917,000,000 to 32,810,000,000, a change of -3,107,000,000 (-8.7%).
- Net income of 9,033,000,000 contributed positively to equity growth.
- Dividend payments of 7,849,000,000 reduced retained earnings.
- Share repurchases of 213,000,000 reduced equity.
- Other comprehensive income decreased equity by 3,687,000,000.
- Other factors decreased equity by 391,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CHF9.03 Billion | +27.53% |
| Dividends Paid | CHF7.85 Billion | -23.92% |
| Share Repurchases | CHF213.00 Million | -0.65% |
| Other Comprehensive Income | CHF-3.69 Billion | -11.24% |
| Other Changes | CHF-391.00 Million | -1.19% |
| Total Change | CHF- | -8.65% |
Book Value vs Market Value Analysis
This analysis compares Nestlé 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: 6.35x
- 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 13.95x to 6.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | CHF5.79 | CHF80.84 | x |
| 1999-12-31 | CHF6.21 | CHF80.84 | x |
| 2000-12-31 | CHF7.41 | CHF80.84 | x |
| 2001-12-31 | CHF8.63 | CHF80.84 | x |
| 2002-12-31 | CHF8.63 | CHF80.84 | x |
| 2003-12-31 | CHF9.14 | CHF80.84 | x |
| 2004-12-31 | CHF9.72 | CHF80.84 | x |
| 2005-12-31 | CHF11.88 | CHF80.84 | x |
| 2006-12-31 | CHF13.12 | CHF80.84 | x |
| 2007-12-31 | CHF13.61 | CHF80.84 | x |
| 2008-12-31 | CHF13.63 | CHF80.84 | x |
| 2009-12-31 | CHF13.65 | CHF80.84 | x |
| 2010-12-31 | CHF18.29 | CHF80.84 | x |
| 2011-12-31 | CHF17.72 | CHF80.84 | x |
| 2012-12-31 | CHF19.09 | CHF80.84 | x |
| 2013-12-31 | CHF19.55 | CHF80.84 | x |
| 2014-12-31 | CHF21.94 | CHF80.84 | x |
| 2015-12-31 | CHF19.88 | CHF80.84 | x |
| 2016-12-31 | CHF20.86 | CHF80.84 | x |
| 2017-12-31 | CHF19.68 | CHF80.84 | x |
| 2018-12-31 | CHF19.00 | CHF80.84 | x |
| 2019-12-31 | CHF17.74 | CHF80.84 | x |
| 2020-12-31 | CHF16.04 | CHF80.84 | x |
| 2021-12-31 | CHF19.04 | CHF80.84 | x |
| 2022-12-31 | CHF15.50 | CHF80.84 | x |
| 2023-12-31 | CHF13.50 | CHF80.84 | x |
| 2024-12-31 | CHF13.82 | CHF80.84 | x |
| 2025-12-31 | CHF12.74 | CHF80.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nestlé 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): 27.53%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.09%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 3.88x
- Recent ROE (27.53%) is above the historical average (22.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 17.99% | 5.86% | 1.27x | 2.41x | CHF1.87 Billion |
| 1999 | 18.84% | 6.33% | 1.27x | 2.35x | CHF2.22 Billion |
| 2000 | 19.27% | 7.08% | 1.24x | 2.19x | CHF2.77 Billion |
| 2001 | 19.85% | 7.89% | 0.90x | 2.79x | CHF3.32 Billion |
| 2002 | 21.72% | 8.48% | 1.02x | 2.51x | CHF4.08 Billion |
| 2003 | 16.85% | 7.06% | 0.98x | 2.43x | CHF2.52 Billion |
| 2004 | 17.92% | 8.30% | 0.97x | 2.22x | CHF3.11 Billion |
| 2005 | 17.01% | 8.87% | 0.88x | 2.18x | CHF3.33 Billion |
| 2006 | 18.04% | 9.34% | 0.97x | 2.00x | CHF4.10 Billion |
| 2007 | 20.23% | 9.90% | 0.94x | 2.18x | CHF5.39 Billion |
| 2008 | 35.53% | 17.50% | 0.97x | 2.09x | CHF12.96 Billion |
| 2009 | 21.32% | 10.37% | 0.91x | 2.27x | CHF5.54 Billion |
| 2010 | 55.33% | 38.89% | 0.79x | 1.80x | CHF28.05 Billion |
| 2011 | 16.70% | 11.33% | 0.73x | 2.01x | CHF3.81 Billion |
| 2012 | 16.31% | 11.07% | 0.71x | 2.06x | CHF3.85 Billion |
| 2013 | 16.00% | 10.84% | 0.77x | 1.92x | CHF3.76 Billion |
| 2014 | 20.61% | 15.74% | 0.69x | 1.90x | CHF7.44 Billion |
| 2015 | 14.54% | 10.18% | 0.72x | 1.99x | CHF2.83 Billion |
| 2016 | 13.21% | 9.50% | 0.68x | 2.04x | CHF2.07 Billion |
| 2017 | 11.74% | 7.96% | 0.68x | 2.19x | CHF1.06 Billion |
| 2018 | 17.67% | 11.05% | 0.67x | 2.39x | CHF4.40 Billion |
| 2019 | 24.23% | 13.58% | 0.73x | 2.46x | CHF7.41 Billion |
| 2020 | 26.77% | 14.44% | 0.68x | 2.71x | CHF7.66 Billion |
| 2021 | 31.81% | 19.33% | 0.63x | 2.62x | CHF11.59 Billion |
| 2022 | 22.08% | 9.78% | 0.70x | 3.22x | CHF5.07 Billion |
| 2023 | 31.36% | 12.01% | 0.74x | 3.54x | CHF7.63 Billion |
| 2024 | 30.30% | 11.87% | 0.66x | 3.88x | CHF7.29 Billion |
| 2025 | 27.53% | 10.09% | 0.70x | 3.88x | CHF5.75 Billion |
Industry Comparison
This section compares Nestlé S.A.'s net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $396,888,509
- Average return on equity (ROE) among peers: 8.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nestlé S.A. (NESN) | CHF33.06 Billion | 17.99% | 2.85x | $226.90 Billion |
| Bell AG (BELL) | $977.80 Million | 10.29% | 1.19x | $913.76 Million |
| Hochdorf Holding AG (HOCN) | $309.28 Million | 8.37% | 0.88x | $3.31 Million |
| HT5 N LTD (HT5) | $66.83 Million | 3.82% | 3.39x | $29.60K |
| Orior AG (ORON) | $233.64 Million | 10.94% | 0.71x | $77.53 Million |