Fairfax Financial Holdings Ltd (FFH) - Net Assets

Latest as of March 2026: CA$30.66 Billion CAD ≈ $22.18 Billion USD

Based on the latest financial reports, Fairfax Financial Holdings Ltd (FFH) has net assets worth CA$30.66 Billion CAD (≈ $22.18 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$107.39 Billion ≈ $77.68 Billion USD) and total liabilities (CA$76.73 Billion ≈ $55.51 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 Fairfax Financial Holdings Ltd (FFH) tangible net worth to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$30.66 Billion
% of Total Assets	28.55%
Annual Growth Rate	16.63%
5-Year Change	44.58%
10-Year Change	160.72%
Growth Volatility	24.11

Fairfax Financial Holdings Ltd - Net Assets Trend (1993–2025)

This chart illustrates how Fairfax Financial Holdings Ltd's net assets have evolved over time, based on quarterly financial data. See FFH cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Fairfax Financial Holdings Ltd (1993–2025)

The table below shows the annual net assets of Fairfax Financial Holdings Ltd from 1993 to 2025. For live valuation and market cap data, see market cap of Fairfax Financial Holdings Ltd.

Year	Net Assets	Change
2025-12-31	CA$30.82 Billion ≈ $22.29 Billion	+8.71%
2024-12-31	CA$28.35 Billion ≈ $20.51 Billion	+2.34%
2023-12-31	CA$27.70 Billion ≈ $20.04 Billion	+36.22%
2022-12-31	CA$20.34 Billion ≈ $14.71 Billion	-4.60%
2021-12-31	CA$21.32 Billion ≈ $15.42 Billion	+21.61%
2020-12-31	CA$17.53 Billion ≈ $12.68 Billion	-2.12%
2019-12-31	CA$17.91 Billion ≈ $12.95 Billion	+3.12%
2018-12-31	CA$17.37 Billion ≈ $12.56 Billion	-5.69%
2017-12-31	CA$18.41 Billion ≈ $13.32 Billion	+55.77%
2016-12-31	CA$11.82 Billion ≈ $8.55 Billion	-1.65%
2015-12-31	CA$12.02 Billion ≈ $8.69 Billion	+23.35%
2014-12-31	CA$9.74 Billion ≈ $7.05 Billion	+15.17%
2013-12-31	CA$8.46 Billion ≈ $6.12 Billion	-4.83%
2012-12-31	CA$8.89 Billion ≈ $6.43 Billion	+5.73%
2011-12-31	CA$8.41 Billion ≈ $6.08 Billion	-3.82%
2010-12-31	CA$8.74 Billion ≈ $6.32 Billion	+13.00%
2009-12-31	CA$7.74 Billion ≈ $5.60 Billion	+21.81%
2008-12-31	CA$6.35 Billion ≈ $4.59 Billion	+8.70%
2007-12-31	CA$5.84 Billion ≈ $4.23 Billion	+40.80%
2006-12-31	CA$4.15 Billion ≈ $3.00 Billion	+13.39%
2005-12-31	CA$3.66 Billion ≈ $2.65 Billion	-3.49%
2004-12-31	CA$3.79 Billion ≈ $2.74 Billion	+12.90%
2003-12-31	CA$3.36 Billion ≈ $2.43 Billion	+30.25%
2002-12-31	CA$2.58 Billion ≈ $1.87 Billion	-4.56%
2001-12-31	CA$2.70 Billion ≈ $1.95 Billion	+0.81%
2000-12-31	CA$2.68 Billion ≈ $1.94 Billion	-0.71%
1999-12-31	CA$2.70 Billion ≈ $1.95 Billion	+78.18%
1998-12-31	CA$1.51 Billion ≈ $1.10 Billion	+53.08%
1997-12-31	CA$989.64 Million ≈ $715.89 Million	+45.53%
1996-12-31	CA$680.04 Million ≈ $491.93 Million	+88.70%
1995-12-31	CA$360.38 Million ≈ $260.69 Million	+23.53%
1994-12-31	CA$291.74 Million ≈ $211.04 Million	+30.09%
1993-12-31	CA$224.25 Million ≈ $162.22 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Fairfax Financial Holdings Ltd'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 23122.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CA$22.10 Billion	83.51%
Common Stock	CA$5.41 Billion	20.45%
Other Comprehensive Income	CA$-905.00 Million	-3.42%
Total Equity	CA$26.47 Billion	100.00%

Fairfax Financial Holdings Ltd Competitors by Market Cap

The table below lists competitors of Fairfax Financial Holdings Ltd ranked by their market capitalization.

Company	Market Cap
Prudential plc F:PRU2	$29.96 Billion
Bajaj Finserv Limited NSE:BAJAJFINSV	$29.96 Billion
Alcon AG SW:ALC	$30.03 Billion
Gulf Energy Development Public Company Limited BK:GULF	$30.04 Billion
Cheniere Energy Partners LP NYSE:CQP	$29.93 Billion
Workday Inc NASDAQ:WDAY	$29.93 Billion
Iron Mountain Incorporated NYSE:IRM	$29.90 Billion
Shenzhen Inovance Tech SHE:300124	$29.85 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Fairfax Financial Holdings Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 24,068,000,000 to 26,466,048,000, a change of 2,398,048,000 (10.0%).
Net income of 4,772,400,000 contributed positively to equity growth.
Dividend payments of 368,100,000 reduced retained earnings.
Share repurchases of 2,547,528,604 reduced equity.
Other comprehensive income increased equity by 479,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$4.77 Billion	+18.03%
Dividends Paid	CA$368.10 Million	-1.39%
Share Repurchases	CA$2.55 Billion	-9.63%
Other Comprehensive Income	CA$479.00 Million	+1.81%
Other Changes	CA$62.28 Million	+0.24%
Total Change	CA$-	9.96%

Book Value vs Market Value Analysis

This analysis compares Fairfax Financial Holdings Ltd'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: 1.83x
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 81.75x to 1.83x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1993-12-31	CA$26.54	CA$2169.45	x
1994-12-31	CA$31.20	CA$2169.45	x
1995-12-31	CA$39.07	CA$2169.45	x
1996-12-31	CA$63.51	CA$2169.45	x
1997-12-31	CA$87.61	CA$2169.45	x
1998-12-31	CA$120.15	CA$2169.45	x
1999-12-31	CA$170.18	CA$2169.45	x
2000-12-31	CA$171.78	CA$2169.45	x
2001-12-31	CA$165.84	CA$2169.45	x
2002-12-31	CA$160.46	CA$2169.45	x
2003-12-31	CA$196.22	CA$2169.45	x
2004-12-31	CA$232.02	CA$2169.45	x
2005-12-31	CA$176.68	CA$2169.45	x
2006-12-31	CA$149.69	CA$2169.45	x
2007-12-31	CA$226.85	CA$2169.45	x
2008-12-31	CA$268.13	CA$2169.45	x
2009-12-31	CA$389.04	CA$2169.45	x
2010-12-31	CA$395.15	CA$2169.45	x
2011-12-31	CA$409.83	CA$2169.45	x
2012-12-31	CA$380.08	CA$2169.45	x
2013-12-31	CA$410.27	CA$2169.45	x
2014-12-31	CA$425.83	CA$2169.45	x
2015-12-31	CA$419.51	CA$2169.45	x
2016-12-31	CA$426.65	CA$2169.45	x
2017-12-31	CA$515.60	CA$2169.45	x
2018-12-31	CA$461.84	CA$2169.45	x
2019-12-31	CA$512.40	CA$2169.45	x
2020-12-31	CA$399.08	CA$2169.45	x
2021-12-31	CA$588.95	CA$2169.45	x
2022-12-31	CA$658.09	CA$2169.45	x
2023-12-31	CA$917.80	CA$2169.45	x
2024-12-31	CA$996.05	CA$2169.45	x
2025-12-31	CA$1185.54	CA$2169.45	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Fairfax Financial Holdings Ltd 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): 18.03%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 15.70%
• Asset Turnover: 0.28x
• Equity Multiplier: 4.07x
Recent ROE (18.03%) is above the historical average (9.50%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1993	11.91%	9.68%	0.29x	4.29x	CA$4.04 Million
1994	9.72%	6.00%	0.29x	5.55x	CA$-777.12K
1995	18.51%	7.64%	0.49x	4.94x	CA$29.50 Million
1996	16.55%	10.22%	0.26x	6.34x	CA$43.55 Million
1997	16.66%	11.13%	0.20x	7.31x	CA$64.94 Million
1998	17.31%	10.84%	0.17x	9.33x	CA$106.52 Million
1999	3.75%	2.15%	0.18x	9.63x	CA$-142.90 Million
2000	4.07%	2.22%	0.19x	9.42x	CA$-133.55 Million
2001	-10.62%	-5.65%	0.17x	10.88x	CA$-421.98 Million
2002	11.71%	5.21%	0.23x	9.89x	CA$38.55 Million
2003	9.29%	4.74%	0.23x	8.57x	CA$-20.70 Million
2004	-0.62%	-0.34%	0.22x	8.21x	CA$-340.71 Million
2005	-15.37%	-7.57%	0.21x	9.49x	CA$-737.19 Million
2006	7.96%	3.34%	0.26x	9.30x	CA$-58.19 Million
2007	25.74%	14.64%	0.27x	6.56x	CA$670.00 Million
2008	29.66%	18.83%	0.29x	5.50x	CA$976.92 Million
2009	11.25%	12.91%	0.23x	3.73x	CA$94.90 Million
2010	3.86%	5.63%	0.19x	3.65x	CA$-533.86 Million
2011	0.54%	0.60%	0.22x	3.99x	CA$-791.16 Million
2012	5.97%	6.75%	0.21x	4.19x	CA$-355.21 Million
2013	-6.86%	-10.03%	0.16x	4.30x	CA$-1.41 Billion
2014	17.15%	16.64%	0.27x	3.79x	CA$680.63 Million
2015	5.52%	6.19%	0.22x	4.04x	CA$-461.04 Million
2016	-5.22%	-5.53%	0.21x	4.42x	CA$-1.49 Billion
2017	12.60%	12.43%	0.22x	4.64x	CA$359.49 Million
2018	2.87%	2.28%	0.26x	4.91x	CA$-935.48 Million
2019	13.94%	9.46%	0.30x	4.90x	CA$566.29 Million
2020	1.58%	1.10%	0.27x	5.34x	CA$-1.17 Billion
2021	20.76%	13.18%	0.30x	5.29x	CA$1.76 Billion
2022	20.23%	17.23%	0.21x	5.52x	CA$1.71 Billion
2023	19.09%	16.98%	0.28x	4.01x	CA$2.09 Billion
2024	16.10%	13.62%	0.29x	4.02x	CA$1.47 Billion
2025	18.03%	15.70%	0.28x	4.07x	CA$2.13 Billion

Industry Comparison

This section compares Fairfax Financial Holdings Ltd's net assets metrics with peer companies in the Insurance - Property & Casualty industry.

Industry Context

Industry: Insurance - Property & Casualty
Average net assets among peers: $9,567,450,000
Average return on equity (ROE) among peers: 13.43%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Fairfax Financial Holdings Ltd (FFH)	CA$30.66 Billion	11.91%	2.50x	$29.94 Billion
Definity Financial Corp (DFY)	$3.01 Billion	11.64%	1.41x	$5.78 Billion
Intact Financial Corporation (IFC)	$16.13 Billion	15.22%	2.33x	$34.55 Billion

About Fairfax Financial Holdings Ltd

TO:FFH Canada Insurance - Property & Casualty

Market Cap

$29.94 Billion

CA$41.38 Billion CAD

Market Cap Rank

#886 Global

#37 in Canada

Share Price

CA$2169.45

Change (1 day)

+0.16%

52-Week Range

CA$2111.76 - CA$2624.49

All Time High

CA$2624.49