Fairfax Financial Holdings Ltd (FFH) - Net Assets

Latest as of December 2025: CA$30.82 Billion CAD

Based on the latest financial reports, Fairfax Financial Holdings Ltd (FFH) has net assets worth CA$30.82 Billion CAD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$107.59 Billion) and total liabilities (CA$76.77 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 CA$30.82 Billion
% of Total Assets 28.64%
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. Explore and compare other companies by net assets.

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.

Year Net Assets Change
2025-12-31 CA$30.82 Billion +8.71%
2024-12-31 CA$28.35 Billion +2.34%
2023-12-31 CA$27.70 Billion +36.22%
2022-12-31 CA$20.34 Billion -4.60%
2021-12-31 CA$21.32 Billion +21.61%
2020-12-31 CA$17.53 Billion -2.12%
2019-12-31 CA$17.91 Billion +3.12%
2018-12-31 CA$17.37 Billion -5.69%
2017-12-31 CA$18.41 Billion +55.77%
2016-12-31 CA$11.82 Billion -1.65%
2015-12-31 CA$12.02 Billion +23.35%
2014-12-31 CA$9.74 Billion +15.17%
2013-12-31 CA$8.46 Billion -4.83%
2012-12-31 CA$8.89 Billion +5.73%
2011-12-31 CA$8.41 Billion -3.82%
2010-12-31 CA$8.74 Billion +13.00%
2009-12-31 CA$7.74 Billion +21.81%
2008-12-31 CA$6.35 Billion +8.70%
2007-12-31 CA$5.84 Billion +40.80%
2006-12-31 CA$4.15 Billion +13.39%
2005-12-31 CA$3.66 Billion -3.49%
2004-12-31 CA$3.79 Billion +12.90%
2003-12-31 CA$3.36 Billion +30.25%
2002-12-31 CA$2.58 Billion -4.56%
2001-12-31 CA$2.70 Billion +0.81%
2000-12-31 CA$2.68 Billion -0.71%
1999-12-31 CA$2.70 Billion +78.18%
1998-12-31 CA$1.51 Billion +53.08%
1997-12-31 CA$989.64 Million +45.53%
1996-12-31 CA$680.04 Million +88.70%
1995-12-31 CA$360.38 Million +23.53%
1994-12-31 CA$291.74 Million +30.09%
1993-12-31 CA$224.25 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$26.23 Billion 99.13%
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
Holcim AG
SW:HOLN
 		$34.33 Billion
Live Nation Entertainment Inc
NYSE:LYV
 		$34.35 Billion
Kongsberg Gruppen ASA
OL:KOG
 		$34.48 Billion
Nebius Group N.V.
NASDAQ:NBIS
 		$34.49 Billion
Leonardo S.p.a
F:FMNB
 		$34.28 Billion
Kimberly-Clark Corporation
NYSE:KMB
 		$34.17 Billion
Nutrien Ltd
NYSE:NTR
 		$34.02 Billion
Orix Corp Ads
NYSE:IX
 		$34.00 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 4,855,943,408 contributed positively to equity growth.
  • Dividend payments of 368,100,000 reduced retained earnings.
  • Share repurchases of 2,503,700,000 reduced equity.
  • Other comprehensive income increased equity by 1,384,000,000.
  • Other factors decreased equity by 970,095,408.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CA$4.86 Billion +18.35%
Dividends Paid CA$368.10 Million -1.39%
Share Repurchases CA$2.50 Billion -9.46%
Other Comprehensive Income CA$1.38 Billion +5.23%
Other Changes CA$-970.10 Million -3.67%
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: 2.07x
  • 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 92.58x to 2.07x 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$2456.84 x
1994-12-31 CA$31.20 CA$2456.84 x
1995-12-31 CA$39.07 CA$2456.84 x
1996-12-31 CA$63.51 CA$2456.84 x
1997-12-31 CA$87.61 CA$2456.84 x
1998-12-31 CA$120.15 CA$2456.84 x
1999-12-31 CA$170.18 CA$2456.84 x
2000-12-31 CA$171.78 CA$2456.84 x
2001-12-31 CA$165.84 CA$2456.84 x
2002-12-31 CA$160.46 CA$2456.84 x
2003-12-31 CA$196.22 CA$2456.84 x
2004-12-31 CA$232.02 CA$2456.84 x
2005-12-31 CA$176.68 CA$2456.84 x
2006-12-31 CA$149.69 CA$2456.84 x
2007-12-31 CA$226.85 CA$2456.84 x
2008-12-31 CA$268.13 CA$2456.84 x
2009-12-31 CA$389.04 CA$2456.84 x
2010-12-31 CA$395.15 CA$2456.84 x
2011-12-31 CA$409.83 CA$2456.84 x
2012-12-31 CA$380.08 CA$2456.84 x
2013-12-31 CA$410.27 CA$2456.84 x
2014-12-31 CA$425.83 CA$2456.84 x
2015-12-31 CA$419.51 CA$2456.84 x
2016-12-31 CA$426.65 CA$2456.84 x
2017-12-31 CA$515.60 CA$2456.84 x
2018-12-31 CA$461.84 CA$2456.84 x
2019-12-31 CA$512.40 CA$2456.84 x
2020-12-31 CA$399.08 CA$2456.84 x
2021-12-31 CA$588.95 CA$2456.84 x
2022-12-31 CA$658.09 CA$2456.84 x
2023-12-31 CA$917.80 CA$2456.84 x
2024-12-31 CA$996.05 CA$2456.84 x
2025-12-31 CA$1185.54 CA$2456.84 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): 18.35%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 10.41%
  • • Asset Turnover: 0.43x
  • • Equity Multiplier: 4.07x
  • Recent ROE (18.35%) is above the historical average (9.51%), 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 18.35% 10.41% 0.43x 4.07x CA$2.21 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: $8,973,000,000
  • Average return on equity (ROE) among peers: 11.84%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Fairfax Financial Holdings Ltd (FFH) CA$30.82 Billion 11.91% 2.49x $34.32 Billion
Definity Financial Corp (DFY) $1.82 Billion 8.47% 2.64x $5.88 Billion
Intact Financial Corporation (IFC) $16.13 Billion 15.22% 2.33x $33.67 Billion

About Fairfax Financial Holdings Ltd

TO:FFH Canada Insurance - Property & Casualty
Market Cap
$34.32 Billion
CA$47.44 Billion CAD
Market Cap Rank
#692 Global
#10 in Canada
Share Price
CA$2456.84
Change (1 day)
+2.76%
52-Week Range
CA$2030.03 - CA$2624.49
All Time High
CA$2624.49
Categories
Companies in Canada Insurance - Property & Casualty
About

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, the Middle East, Asia, and internationally. It operates through Property and Casualty Insurance and Reinsurance; Life insurance and Run-off; and Non-Insurance Companies segments. The company insures against losses … Read more