Swiss Life Holding AG (SLHN) - Net Assets

Latest as of June 2025: CHF6.98 Billion CHF

Based on the latest financial reports, Swiss Life Holding AG (SLHN) has net assets worth CHF6.98 Billion CHF as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CHF216.19 Billion) and total liabilities (CHF209.21 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	CHF6.98 Billion
% of Total Assets	3.23%
Annual Growth Rate	N/A
5-Year Change	-54.46%
10-Year Change	-37.44%
Growth Volatility	16.33

Swiss Life Holding AG - Net Assets Trend (2004–2024)

This chart illustrates how Swiss Life Holding AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Swiss Life Holding AG (2004–2024)

The table below shows the annual net assets of Swiss Life Holding AG from 2004 to 2024.

Year	Net Assets	Change
2024-12-31	CHF7.67 Billion	-7.60%
2023-12-31	CHF8.30 Billion	-13.63%
2022-12-31	CHF9.61 Billion	-39.36%
2021-12-31	CHF15.85 Billion	-5.89%
2020-12-31	CHF16.84 Billion	+5.18%
2019-12-31	CHF16.01 Billion	+6.49%
2018-12-31	CHF15.03 Billion	-3.53%
2017-12-31	CHF15.58 Billion	+13.42%
2016-12-31	CHF13.74 Billion	+12.08%
2015-12-31	CHF12.26 Billion	-4.47%
2014-12-31	CHF12.83 Billion	+42.27%
2013-12-31	CHF9.02 Billion	-12.32%
2012-12-31	CHF10.29 Billion	+12.27%
2011-12-31	CHF9.16 Billion	+23.19%
2010-12-31	CHF7.44 Billion	+2.65%
2009-12-31	CHF7.25 Billion	+8.91%
2008-12-31	CHF6.65 Billion	-9.30%
2007-12-31	CHF7.33 Billion	-6.59%
2006-12-31	CHF7.85 Billion	+2.56%
2005-12-31	CHF7.66 Billion	+222.36%
2004-12-31	CHF-6.26 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Swiss Life Holding AG'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 473.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CHF9.39 Billion	124.93%
Common Stock	CHF3.00 Million	0.04%
Other Comprehensive Income	CHF-1.77 Billion	-23.56%
Total Equity	CHF7.52 Billion	100.00%

Swiss Life Holding AG Competitors by Market Cap

The table below lists competitors of Swiss Life Holding AG ranked by their market capitalization.

Company	Market Cap
United Microelectronics NYSE:UMC	$24.46 Billion
Jabil Circuit Inc NYSE:JBL	$24.48 Billion
Oriental Land Co. Ltd F:OLL	$24.49 Billion
Partners Group Holding AG SW:PGHN	$24.50 Billion
Sieyuan Electric Co Ltd SHE:002028	$24.44 Billion
Airports Of Thailand PCL BK:AOT	$24.38 Billion
Northern Star Resources Limited F:NS7	$24.32 Billion
QBE Insurance Group Ltd AU:QBE	$24.20 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Swiss Life Holding AG's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 7,499,000,000 to 7,520,000,000, a change of 21,000,000 (0.3%).
Net income of 1,214,000,000 contributed positively to equity growth.
Dividend payments of 945,000,000 reduced retained earnings.
Share repurchases of 639,000,000 reduced equity.
Other comprehensive income decreased equity by 815,000,000.
Other factors increased equity by 1,206,000,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CHF1.21 Billion	+16.14%
Dividends Paid	CHF945.00 Million	-12.57%
Share Repurchases	CHF639.00 Million	-8.5%
Other Comprehensive Income	CHF-815.00 Million	-10.84%
Other Changes	CHF1.21 Billion	+16.04%
Total Change	CHF-	0.28%

Book Value vs Market Value Analysis

This analysis compares Swiss Life Holding AG'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: 3.59x
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 4.80x to 3.59x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2004-12-31	CHF195.93	CHF940.00	x
2005-12-31	CHF209.63	CHF940.00	x
2006-12-31	CHF215.93	CHF940.00	x
2007-12-31	CHF212.98	CHF940.00	x
2008-12-31	CHF205.44	CHF940.00	x
2009-12-31	CHF227.34	CHF940.00	x
2010-12-31	CHF230.83	CHF940.00	x
2011-12-31	CHF286.17	CHF940.00	x
2012-12-31	CHF319.96	CHF940.00	x
2013-12-31	CHF277.16	CHF940.00	x
2014-12-31	CHF374.42	CHF940.00	x
2015-12-31	CHF357.91	CHF940.00	x
2016-12-31	CHF400.73	CHF940.00	x
2017-12-31	CHF453.47	CHF940.00	x
2018-12-31	CHF437.58	CHF940.00	x
2019-12-31	CHF484.45	CHF940.00	x
2020-12-31	CHF524.70	CHF940.00	x
2021-12-31	CHF503.73	CHF940.00	x
2022-12-31	CHF312.77	CHF940.00	x
2023-12-31	CHF256.28	CHF940.00	x
2024-12-31	CHF261.99	CHF940.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Swiss Life Holding AG 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): 16.14%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 8.41%
• Asset Turnover: 0.07x
• Equity Multiplier: 29.11x
Recent ROE (16.14%) is above the historical average (8.77%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	9.22%	2.57%	3.47x	1.03x	CHF-48.70 Million
2005	11.88%	4.06%	0.12x	24.10x	CHF138.30 Million
2006	12.59%	4.43%	0.12x	24.67x	CHF196.10 Million
2007	18.80%	7.21%	0.11x	24.70x	CHF640.30 Million
2008	5.22%	2.25%	0.11x	20.40x	CHF-315.90 Million
2009	3.84%	1.55%	0.12x	19.97x	CHF-443.80 Million
2010	7.56%	3.14%	0.12x	19.88x	CHF-180.40 Million
2011	6.63%	3.50%	0.11x	16.64x	CHF-307.70 Million
2012	0.90%	0.48%	0.12x	15.94x	CHF-933.30 Million
2013	8.73%	4.12%	0.11x	19.06x	CHF-113.50 Million
2014	6.38%	3.58%	0.12x	15.12x	CHF-461.50 Million
2015	7.16%	4.28%	0.11x	15.54x	CHF-345.70 Million
2016	6.75%	4.67%	0.10x	14.62x	CHF-443.70 Million
2017	6.50%	5.34%	0.09x	13.73x	CHF-542.50 Million
2018	7.20%	5.41%	0.09x	14.25x	CHF-418.70 Million
2019	7.53%	4.73%	0.11x	14.34x	CHF-393.00 Million
2020	6.25%	4.67%	0.09x	14.20x	CHF-628.50 Million
2021	7.93%	5.79%	0.09x	15.30x	CHF-325.70 Million
2022	12.46%	5.81%	0.09x	22.90x	CHF233.10 Million
2023	14.44%	7.11%	0.07x	28.46x	CHF333.10 Million
2024	16.14%	8.41%	0.07x	29.11x	CHF462.00 Million

Industry Comparison

This section compares Swiss Life Holding AG's net assets metrics with peer companies in the Insurance - Diversified industry.

Industry Context

Industry: Insurance - Diversified
Average net assets among peers: $12,986,854,250
Average return on equity (ROE) among peers: 9.04%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Swiss Life Holding AG (SLHN)	CHF6.98 Billion	9.22%	29.98x	$24.44 Billion
Baloise Holding AG (BALN)	$6.99 Billion	6.22%	11.55x	$9.01 Billion
Helvetia Holding AG (HBAN)	$2.53 Billion	16.73%	0.08x	$28.12K
Vaudoise Assurances Holding SA (VAHN)	$7.70 Billion	1.62%	0.01x	$934.79 Million
Zurich Insurance Group AG (ZURN)	$34.73 Billion	11.60%	10.95x	$82.30 Billion

About Swiss Life Holding AG

SW:SLHN Switzerland Insurance - Diversified

Market Cap

$33.90 Billion

CHF26.82 Billion CHF

Market Cap Rank

#964 Global

#13 in Switzerland

Share Price

CHF940.00

Change (1 day)

+0.95%

52-Week Range

CHF789.00 - CHF940.00

All Time High

CHF940.00