Vermilion Energy Inc. (VET) - Net Assets
Based on the latest financial reports, Vermilion Energy Inc. (VET) has net assets worth CA$2.04 Billion CAD (≈ $1.48 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$5.55 Billion ≈ $4.01 Billion USD) and total liabilities (CA$3.50 Billion ≈ $2.53 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 how tangible is Vermilion Energy Inc.'s equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$2.04 Billion |
| % of Total Assets | 36.86% |
| Annual Growth Rate | 22.22% |
| 5-Year Change | 7.54% |
| 10-Year Change | 40.76% |
| Growth Volatility | 73.43 |
Vermilion Energy Inc. - Net Assets Trend (1995–2025)
This chart illustrates how Vermilion Energy Inc.'s net assets have evolved over time, based on quarterly financial data. See Vermilion Energy Inc. defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Vermilion Energy Inc. (1995–2025)
The table below shows the annual net assets of Vermilion Energy Inc. from 1995 to 2025. For live valuation and market cap data, see VET company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$2.22 Billion ≈ $1.61 Billion |
-20.96% |
| 2024-12-31 | CA$2.81 Billion ≈ $2.03 Billion |
-7.28% |
| 2023-12-31 | CA$3.03 Billion ≈ $2.19 Billion |
-10.86% |
| 2022-12-31 | CA$3.40 Billion ≈ $2.46 Billion |
+64.61% |
| 2021-12-31 | CA$2.07 Billion ≈ $1.49 Billion |
+123.27% |
| 2020-12-31 | CA$925.40 Million ≈ $669.42 Million |
-62.28% |
| 2019-12-31 | CA$2.45 Billion ≈ $1.77 Billion |
-12.92% |
| 2018-12-31 | CA$2.82 Billion ≈ $2.04 Billion |
+82.60% |
| 2017-12-31 | CA$1.54 Billion ≈ $1.12 Billion |
-2.25% |
| 2016-12-31 | CA$1.58 Billion ≈ $1.14 Billion |
-15.08% |
| 2015-12-31 | CA$1.86 Billion ≈ $1.34 Billion |
-8.05% |
| 2014-12-31 | CA$2.02 Billion ≈ $1.46 Billion |
+17.77% |
| 2013-12-31 | CA$1.72 Billion ≈ $1.24 Billion |
+20.99% |
| 2012-12-31 | CA$1.42 Billion ≈ $1.03 Billion |
+6.54% |
| 2011-12-31 | CA$1.33 Billion ≈ $963.26 Million |
+2.39% |
| 2010-12-31 | CA$1.30 Billion ≈ $940.81 Million |
+14.07% |
| 2009-12-31 | CA$1.14 Billion ≈ $824.74 Million |
+35.80% |
| 2008-12-31 | CA$839.53 Million ≈ $607.31 Million |
+20.63% |
| 2007-12-31 | CA$695.94 Million ≈ $503.43 Million |
+18.28% |
| 2006-12-31 | CA$588.39 Million ≈ $425.63 Million |
+18.41% |
| 2005-12-31 | CA$496.91 Million ≈ $359.46 Million |
+15.40% |
| 2004-12-31 | CA$430.59 Million ≈ $311.48 Million |
+9.89% |
| 2003-12-31 | CA$391.82 Million ≈ $283.43 Million |
+13.36% |
| 2002-12-31 | CA$345.63 Million ≈ $250.02 Million |
+19.03% |
| 2001-12-31 | CA$290.37 Million ≈ $210.05 Million |
+36.04% |
| 2000-12-31 | CA$213.44 Million ≈ $154.40 Million |
+43.15% |
| 1999-12-31 | CA$149.10 Million ≈ $107.86 Million |
+20.44% |
| 1998-12-31 | CA$123.80 Million ≈ $89.56 Million |
+59.33% |
| 1997-12-31 | CA$77.70 Million ≈ $56.21 Million |
+264.79% |
| 1996-12-31 | CA$21.30 Million ≈ $15.41 Million |
+294.44% |
| 1995-12-31 | CA$5.40 Million ≈ $3.91 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Vermilion Energy Inc.'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 decreased by 198018500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$3.87 Billion | 174.26% |
| Other Comprehensive Income | CA$283.76 Million | 12.77% |
| Other Components | CA$46.47 Million | 2.09% |
| Total Equity | CA$2.22 Billion | 100.00% |
Vermilion Energy Inc. Competitors by Market Cap
The table below lists competitors of Vermilion Energy Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TECNOGLASS INC. DL-0001
F:7FH
|
$1.61 Billion |
|
Kfin Technologies Limited
NSE:KFINTECH
|
$1.61 Billion |
|
PNC Process Systems Co Ltd
SHG:603690
|
$1.61 Billion |
|
Allied Gold Corporation
NYSE:AAUC
|
$1.61 Billion |
|
Dalian Huarui Heavy Industry Group Co Ltd
SHE:002204
|
$1.61 Billion |
|
Better Life Commercial Chain Share Co Ltd
SHE:002251
|
$1.61 Billion |
|
BEML Limited
NSE:BEML
|
$1.60 Billion |
|
Target Hospitality Corp
NASDAQ:TH
|
$1.60 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vermilion Energy Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,810,989,000 to 2,221,861,000, a change of -589,128,000 (-21.0%).
- Net loss of 653,601,000 reduced equity.
- Dividend payments of 98,428,000 reduced retained earnings.
- Share repurchases of 35,746,000 reduced equity.
- Other comprehensive income increased equity by 147,916,000.
- Other factors increased equity by 50,731,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-653.60 Million | -29.42% |
| Dividends Paid | CA$98.43 Million | -4.43% |
| Share Repurchases | CA$35.75 Million | -1.61% |
| Other Comprehensive Income | CA$147.92 Million | +6.66% |
| Other Changes | CA$50.73 Million | +2.28% |
| Total Change | CA$- | -20.96% |
Book Value vs Market Value Analysis
This analysis compares Vermilion Energy Inc.'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: 1.00x
- 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 53.67x to 1.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | CA$0.27 | CA$14.49 | x |
| 1996-12-31 | CA$0.90 | CA$14.49 | x |
| 1997-12-31 | CA$1.98 | CA$14.49 | x |
| 1998-12-31 | CA$2.55 | CA$14.49 | x |
| 1999-12-31 | CA$2.76 | CA$14.49 | x |
| 2000-12-31 | CA$4.03 | CA$14.49 | x |
| 2001-12-31 | CA$4.98 | CA$14.49 | x |
| 2002-12-31 | CA$5.70 | CA$14.49 | x |
| 2003-12-31 | CA$6.13 | CA$14.49 | x |
| 2004-12-31 | CA$5.89 | CA$14.49 | x |
| 2005-12-31 | CA$6.60 | CA$14.49 | x |
| 2006-12-31 | CA$7.34 | CA$14.49 | x |
| 2007-12-31 | CA$8.28 | CA$14.49 | x |
| 2008-12-31 | CA$9.68 | CA$14.49 | x |
| 2009-12-31 | CA$12.90 | CA$14.49 | x |
| 2010-12-31 | CA$15.64 | CA$14.49 | x |
| 2011-12-31 | CA$14.43 | CA$14.49 | x |
| 2012-12-31 | CA$14.29 | CA$14.49 | x |
| 2013-12-31 | CA$16.75 | CA$14.49 | x |
| 2014-12-31 | CA$18.86 | CA$14.49 | x |
| 2015-12-31 | CA$16.95 | CA$14.49 | x |
| 2016-12-31 | CA$13.64 | CA$14.49 | x |
| 2017-12-31 | CA$12.60 | CA$14.49 | x |
| 2018-12-31 | CA$19.79 | CA$14.49 | x |
| 2019-12-31 | CA$15.72 | CA$14.49 | x |
| 2020-12-31 | CA$5.86 | CA$14.49 | x |
| 2021-12-31 | CA$12.54 | CA$14.49 | x |
| 2022-12-31 | CA$20.19 | CA$14.49 | x |
| 2023-12-31 | CA$18.52 | CA$14.49 | x |
| 2024-12-31 | CA$17.78 | CA$14.49 | x |
| 2025-12-31 | CA$14.44 | CA$14.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vermilion Energy Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -29.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -37.03%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 2.41x
- Recent ROE (-29.42%) is below the historical average (7.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 3.70% | 9.52% | 0.11x | 3.63x | CA$-340.00K |
| 1996 | 8.92% | 20.43% | 0.21x | 2.08x | CA$-230.00K |
| 1997 | 14.67% | 21.23% | 0.41x | 1.68x | CA$3.63 Million |
| 1998 | 2.75% | 6.10% | 0.21x | 2.14x | CA$-8.98 Million |
| 1999 | 13.41% | 18.45% | 0.36x | 2.03x | CA$5.09 Million |
| 2000 | 28.79% | 26.19% | 0.48x | 2.29x | CA$40.11 Million |
| 2001 | 23.56% | 23.92% | 0.45x | 2.17x | CA$37.84 Million |
| 2002 | 12.74% | 14.37% | 0.35x | 2.50x | CA$8.89 Million |
| 2003 | 15.67% | 17.98% | 0.40x | 2.18x | CA$20.52 Million |
| 2004 | 29.06% | 32.07% | 0.42x | 2.16x | CA$74.57 Million |
| 2005 | 34.59% | 29.90% | 0.48x | 2.43x | CA$112.66 Million |
| 2006 | 27.38% | 23.77% | 0.42x | 2.73x | CA$93.26 Million |
| 2007 | 26.19% | 23.23% | 0.42x | 2.66x | CA$101.55 Million |
| 2008 | 30.36% | 22.88% | 0.56x | 2.38x | CA$153.69 Million |
| 2009 | 17.85% | 29.00% | 0.31x | 2.01x | CA$81.57 Million |
| 2010 | 8.55% | 15.29% | 0.28x | 1.99x | CA$-18.79 Million |
| 2011 | 10.73% | 13.85% | 0.38x | 2.05x | CA$9.66 Million |
| 2012 | 13.44% | 17.60% | 0.35x | 2.17x | CA$48.76 Million |
| 2013 | 19.09% | 25.72% | 0.34x | 2.16x | CA$156.00 Million |
| 2014 | 13.32% | 18.97% | 0.32x | 2.17x | CA$67.19 Million |
| 2015 | -11.69% | -23.13% | 0.22x | 2.26x | CA$-403.17 Million |
| 2016 | -10.14% | -18.13% | 0.22x | 2.59x | CA$-317.90 Million |
| 2017 | 4.04% | 5.67% | 0.28x | 2.58x | CA$-92.03 Million |
| 2018 | 9.64% | 16.19% | 0.27x | 2.23x | CA$-10.08 Million |
| 2019 | 1.34% | 1.72% | 0.33x | 2.39x | CA$-212.53 Million |
| 2020 | -163.97% | -121.65% | 0.30x | 4.44x | CA$-1.61 Billion |
| 2021 | 55.60% | 51.58% | 0.38x | 2.86x | CA$942.08 Million |
| 2022 | 38.61% | 35.29% | 0.53x | 2.06x | CA$972.96 Million |
| 2023 | -7.84% | -12.31% | 0.31x | 2.06x | CA$-540.75 Million |
| 2024 | -1.66% | -2.25% | 0.34x | 2.18x | CA$-327.84 Million |
| 2025 | -29.42% | -37.03% | 0.33x | 2.41x | CA$-875.79 Million |
Industry Comparison
This section compares Vermilion Energy Inc.'s net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $468,854,611
- Average return on equity (ROE) among peers: -17.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vermilion Energy Inc. (VET) | CA$2.04 Billion | 3.70% | 1.71x | $1.61 Billion |
| Advantage Oil & Gas Ltd. (AAV) | $1.56 Billion | 21.64% | 0.42x | $1.17 Billion |
| Africa Energy Corp (AFE) | $265.56 Million | 18.32% | 0.01x | $67.59 Million |
| Alvopetro Energy (ALV) | $95.37 Million | 24.22% | 0.47x | $235.69 Million |
| Africa Oil Corp (AOI) | $24.87 Million | -14.72% | 0.42x | $820.85 Million |
| Altima Resources Ltd (ARH) | $19.56 Million | -8.72% | 0.40x | $19.37 Million |
| ARC Resources Ltd. (ARX) | $2.10 Billion | 25.38% | 0.79x | $12.87 Billion |
| Athabasca Oil Corp (ATH) | $567.02 Million | -127.10% | 1.51x | $3.78 Billion |
| Altai Resources Inc. (ATI) | $22.21 Million | -2.68% | 0.02x | $1.12 Million |
| Avanti Energy Inc (AVN) | $2.38 Million | -86.78% | 0.06x | $24.04 Million |
| Arrow Exploration Corp (AXL) | $27.18 Million | -27.59% | 0.08x | $102.36 Million |
About Vermilion Energy Inc.
Vermilion Energy Inc., engages in petroleum and natural gas, focuses on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. Its properties are located in the West Pembina region of West Central Alberta, Canada; southwest Bordeaux and Paris Basin in France; the Netherlands; Germany; Ireland; Croatia; Slovakia; Hungary; and Au… Read more