Sulzer AG (SUN) - Net Assets

Latest as of December 2025: CHF1.31 Billion CHF ≈ $1.65 Billion USD

Based on the latest financial reports, Sulzer AG (SUN) has net assets worth CHF1.31 Billion CHF (≈ $1.65 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 (CHF4.62 Billion ≈ $5.85 Billion USD) and total liabilities (CHF3.32 Billion ≈ $4.20 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 Sulzer AG (SUN) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CHF1.31 Billion
% of Total Assets	28.23%
Annual Growth Rate	0.23%
5-Year Change	2.03%
10-Year Change	-17.96%
Growth Volatility	10.45

Sulzer AG - Net Assets Trend (2002–2025)

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

Annual Net Assets for Sulzer AG (2002–2025)

The table below shows the annual net assets of Sulzer AG from 2002 to 2025. For live valuation and market cap data, see Sulzer AG market cap and net worth.

Year	Net Assets	Change
2025-12-31	CHF1.31 Billion ≈ $1.65 Billion	+5.68%
2024-12-31	CHF1.24 Billion ≈ $1.56 Billion	+12.42%
2023-12-31	CHF1.10 Billion ≈ $1.39 Billion	+6.79%
2022-12-31	CHF1.03 Billion ≈ $1.30 Billion	-19.59%
2021-12-31	CHF1.28 Billion ≈ $1.62 Billion	-9.73%
2020-12-31	CHF1.42 Billion ≈ $1.79 Billion	-11.08%
2019-12-31	CHF1.59 Billion ≈ $2.01 Billion	-2.88%
2018-12-31	CHF1.64 Billion ≈ $2.07 Billion	-3.60%
2017-12-31	CHF1.70 Billion ≈ $2.15 Billion	+7.00%
2016-12-31	CHF1.59 Billion ≈ $2.01 Billion	-28.79%
2015-12-31	CHF2.23 Billion ≈ $2.82 Billion	-8.51%
2014-12-31	CHF2.44 Billion ≈ $3.09 Billion	+4.33%
2013-12-31	CHF2.34 Billion ≈ $2.96 Billion	+1.60%
2012-12-31	CHF2.30 Billion ≈ $2.91 Billion	+9.51%
2011-12-31	CHF2.10 Billion ≈ $2.66 Billion	+10.66%
2010-12-31	CHF1.90 Billion ≈ $2.40 Billion	+6.28%
2009-12-31	CHF1.79 Billion ≈ $2.26 Billion	+15.69%
2008-12-31	CHF1.55 Billion ≈ $1.95 Billion	-0.58%
2007-12-31	CHF1.56 Billion ≈ $1.97 Billion	+0.71%
2006-12-31	CHF1.54 Billion ≈ $1.95 Billion	+2.88%
2005-12-31	CHF1.50 Billion ≈ $1.90 Billion	+13.25%
2004-12-31	CHF1.33 Billion ≈ $1.68 Billion	+3.30%
2003-12-31	CHF1.28 Billion ≈ $1.62 Billion	+3.72%
2002-12-31	CHF1.24 Billion ≈ $1.56 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Sulzer 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 227710000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CHF2.28 Billion	176.08%
Common Stock	CHF300.00K	0.02%
Other Comprehensive Income	CHF-925.60 Million	-71.57%
Total Equity	CHF1.29 Billion	100.00%

Sulzer AG Competitors by Market Cap

The table below lists competitors of Sulzer AG ranked by their market capitalization.

Company	Market Cap
Sinomach Precision Industry Co Ltd SHE:002046	$5.00 Billion
Andon Health Co Ltd SHE:002432	$5.00 Billion
Victoria's Secret & Co NYSE:VSCO	$5.00 Billion
Alfa S.A.B. de C.V. MX:ALFAA	$5.00 Billion
Hannon Armstrong Sustainable Infrastructure Capital Inc NYSE:HASI	$4.99 Billion
Victory Capital Holdings Inc NASDAQ:VCTR	$4.99 Billion
Patanjali Foods Limited NSE:PATANJALI	$4.99 Billion
Sigma Foods, S.A.B. de C.V. MX:SIGMAFA	$4.99 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,223,600,000 to 1,293,200,000, a change of 69,600,000 (5.7%).
Net income of 292,800,000 contributed positively to equity growth.
Dividend payments of 264,600,000 reduced retained earnings.
Share repurchases of 18,800,000 reduced equity.
Other comprehensive income decreased equity by 105,200,000.
Other factors increased equity by 165,400,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CHF292.80 Million	+22.64%
Dividends Paid	CHF264.60 Million	-20.46%
Share Repurchases	CHF18.80 Million	-1.45%
Other Comprehensive Income	CHF-105.20 Million	-8.13%
Other Changes	CHF165.40 Million	+12.79%
Total Change	CHF-	5.69%

Book Value vs Market Value Analysis

This analysis compares Sulzer 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: 3.74x
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 4.01x to 3.74x 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	CHF35.38	CHF141.70	x
2003-12-31	CHF36.63	CHF141.70	x
2004-12-31	CHF37.45	CHF141.70	x
2005-12-31	CHF41.46	CHF141.70	x
2006-12-31	CHF42.76	CHF141.70	x
2007-12-31	CHF44.81	CHF141.70	x
2008-12-31	CHF45.34	CHF141.70	x
2009-12-31	CHF52.49	CHF141.70	x
2010-12-31	CHF55.64	CHF141.70	x
2011-12-31	CHF61.41	CHF141.70	x
2012-12-31	CHF67.17	CHF141.70	x
2013-12-31	CHF68.34	CHF141.70	x
2014-12-31	CHF71.61	CHF141.70	x
2015-12-31	CHF65.08	CHF141.70	x
2016-12-31	CHF46.06	CHF141.70	x
2017-12-31	CHF48.91	CHF141.70	x
2018-12-31	CHF50.52	CHF141.70	x
2019-12-31	CHF46.03	CHF141.70	x
2020-12-31	CHF40.93	CHF141.70	x
2021-12-31	CHF37.11	CHF141.70	x
2022-12-31	CHF29.67	CHF141.70	x
2023-12-31	CHF31.87	CHF141.70	x
2024-12-31	CHF35.68	CHF141.70	x
2025-12-31	CHF37.85	CHF141.70	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sulzer 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): 22.64%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 8.24%
• Asset Turnover: 0.77x
• Equity Multiplier: 3.58x
Recent ROE (22.64%) is above the historical average (14.63%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2002	6.86%	4.32%	0.79x	2.00x	CHF-38.50 Million
2003	3.30%	2.30%	0.75x	1.90x	CHF-85.10 Million
2004	5.34%	3.40%	0.83x	1.90x	CHF-61.21 Million
2005	8.62%	5.14%	0.88x	1.91x	CHF-20.55 Million
2006	14.41%	7.90%	0.91x	1.99x	CHF67.71 Million
2007	18.36%	8.03%	1.02x	2.24x	CHF129.39 Million
2008	21.30%	8.82%	1.08x	2.23x	CHF173.87 Million
2009	15.52%	8.23%	0.99x	1.90x	CHF98.05 Million
2010	16.06%	9.56%	0.91x	1.84x	CHF114.80 Million
2011	13.35%	7.83%	0.79x	2.16x	CHF70.22 Million
2012	13.37%	7.64%	0.88x	2.00x	CHF77.39 Million
2013	7.48%	5.35%	0.72x	1.95x	CHF-58.94 Million
2014	-6.60%	-5.00%	0.69x	1.91x	CHF-404.24 Million
2015	3.32%	2.49%	0.70x	1.91x	CHF-148.57 Million
2016	3.73%	2.05%	0.77x	2.36x	CHF-99.12 Million
2017	4.95%	2.73%	0.74x	2.45x	CHF-84.81 Million
2018	6.98%	3.38%	0.69x	3.01x	CHF-49.29 Million
2019	9.74%	4.13%	0.72x	3.27x	CHF-4.07 Million
2020	5.95%	2.82%	0.55x	3.87x	CHF-56.83 Million
2021	111.22%	44.90%	0.62x	3.99x	CHF1.29 Billion
2022	2.79%	0.90%	0.68x	4.58x	CHF-73.83 Million
2023	20.91%	6.98%	0.75x	3.99x	CHF119.56 Million
2024	21.40%	7.42%	0.75x	3.85x	CHF139.54 Million
2025	22.64%	8.24%	0.77x	3.58x	CHF163.48 Million

Industry Comparison

This section compares Sulzer AG's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

Industry: Specialty Industrial Machinery
Average net assets among peers: $396,043,200
Average return on equity (ROE) among peers: 13.75%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Sulzer AG (SUN)	CHF1.31 Billion	6.86%	2.54x	$4.99 Billion
Accelleron Industries AG (ACLN)	$258.00 Million	60.08%	1.02x	$6.18 Billion
Burckhardt Compression (BCHN)	$282.80 Million	17.87%	0.88x	$1.77 Billion
Bucher Industries AG (BUCN)	$792.50 Million	-3.08%	1.68x	$3.07 Billion
Bystronic AG (BYS)	$715.90 Million	6.28%	0.36x	$334.07 Million
Feintool International Holding (FTON)	$293.88 Million	-1.34%	1.30x	$147.25 Million
Georg Fischer AG (GF)	$978.00 Million	14.21%	2.20x	$3.62 Billion
Interroll Holding AG (INRN)	$261.68 Million	14.92%	0.36x	$1.39 Billion
Kardex (KARN)	$85.40 Million	25.06%	1.76x	$2.11 Billion
Klingelnberg AG (KLIN)	$120.53 Million	-6.05%	0.80x	$90.17 Million
Komax Holding AG (KOMN)	$171.74 Million	9.59%	0.54x	$295.64 Million

About Sulzer AG

SW:SUN Switzerland Specialty Industrial Machinery

Market Cap

$6.04 Billion

CHF4.78 Billion CHF

Market Cap Rank

#3618 Global

#55 in Switzerland

Share Price

CHF141.70

Change (1 day)

+0.57%

52-Week Range

CHF126.60 - CHF179.40

All Time High

CHF179.40