WSP Global Inc (WSP) - Net Assets
Based on the latest financial reports, WSP Global Inc (WSP) has net assets worth CA$8.79 Billion CAD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$19.34 Billion) and total liabilities (CA$10.56 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$8.79 Billion |
| % of Total Assets | 45.42% |
| Annual Growth Rate | 23.37% |
| 5-Year Change | 102.69% |
| 10-Year Change | 184.11% |
| Growth Volatility | 35.37 |
WSP Global Inc - Net Assets Trend (2006–2024)
This chart illustrates how WSP Global Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for WSP Global Inc (2006–2024)
The table below shows the annual net assets of WSP Global Inc from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$8.27 Billion | +30.62% |
| 2023-12-31 | CA$6.33 Billion | +5.40% |
| 2022-12-31 | CA$6.01 Billion | +28.81% |
| 2021-12-31 | CA$4.67 Billion | +14.30% |
| 2020-12-31 | CA$4.08 Billion | +22.49% |
| 2019-12-31 | CA$3.33 Billion | +2.21% |
| 2018-12-31 | CA$3.26 Billion | +10.16% |
| 2017-12-31 | CA$2.96 Billion | +3.44% |
| 2016-12-31 | CA$2.86 Billion | -1.76% |
| 2015-12-31 | CA$2.91 Billion | +35.49% |
| 2014-12-31 | CA$2.15 Billion | +120.73% |
| 2013-12-31 | CA$973.60 Million | +5.93% |
| 2012-12-31 | CA$919.10 Million | +83.32% |
| 2011-12-31 | CA$501.37 Million | +84.93% |
| 2010-12-31 | CA$271.12 Million | -33.18% |
| 2009-12-31 | CA$405.75 Million | +38.14% |
| 2008-12-31 | CA$293.72 Million | +22.76% |
| 2007-12-31 | CA$239.26 Million | +26.73% |
| 2006-12-31 | CA$188.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to WSP Global 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 grown by 181597800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$1.82 Billion | 21.95% |
| Common Stock | CA$5.95 Billion | 71.88% |
| Other Comprehensive Income | CA$290.80 Million | 3.52% |
| Other Components | CA$219.60 Million | 2.65% |
| Total Equity | CA$8.27 Billion | 100.00% |
WSP Global Inc Competitors by Market Cap
The table below lists competitors of WSP Global Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Volkswagen AG VZO O.N.
XETRA:VOW3
|
$22.35 Billion |
|
Reddit
F:6VO
|
$22.37 Billion |
|
Stellantis NV
NYSE:STLA
|
$22.39 Billion |
|
China Resources Land Limited
F:CHZ
|
$22.39 Billion |
|
Wiwynn Corp
TW:6669
|
$22.28 Billion |
|
Indian Oil Corporation Limited
NSE:IOC
|
$22.28 Billion |
|
Hydro One Limited
F:8H1
|
$22.24 Billion |
|
Regions Financial Corporation
NYSE:RF
|
$22.20 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WSP Global Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,328,900,000 to 8,272,500,000, a change of 1,943,600,000 (30.7%).
- Net income of 681,400,000 contributed positively to equity growth.
- Dividend payments of 187,100,000 reduced retained earnings.
- Share repurchases of 1,115,800,000 reduced equity.
- New share issuances of 1,115,800,000 increased equity.
- Other comprehensive income increased equity by 316,100,000.
- Other factors increased equity by 1,133,200,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$681.40 Million | +8.24% |
| Dividends Paid | CA$187.10 Million | -2.26% |
| Share Repurchases | CA$1.12 Billion | -13.49% |
| Share Issuances | CA$1.12 Billion | +13.49% |
| Other Comprehensive Income | CA$316.10 Million | +3.82% |
| Other Changes | CA$1.13 Billion | +13.7% |
| Total Change | CA$- | 30.71% |
Book Value vs Market Value Analysis
This analysis compares WSP Global 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: 3.50x
- 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 39.49x to 3.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CA$5.80 | CA$228.93 | x |
| 2007-12-31 | CA$7.42 | CA$228.93 | x |
| 2008-12-31 | CA$8.33 | CA$228.93 | x |
| 2009-12-31 | CA$11.50 | CA$228.93 | x |
| 2010-12-31 | CA$12.46 | CA$228.93 | x |
| 2011-12-31 | CA$19.11 | CA$228.93 | x |
| 2012-12-31 | CA$22.75 | CA$228.93 | x |
| 2013-12-31 | CA$18.79 | CA$228.93 | x |
| 2014-12-31 | CA$33.61 | CA$228.93 | x |
| 2015-12-31 | CA$31.59 | CA$228.93 | x |
| 2016-12-31 | CA$28.34 | CA$228.93 | x |
| 2017-12-31 | CA$28.85 | CA$228.93 | x |
| 2018-12-31 | CA$31.22 | CA$228.93 | x |
| 2019-12-31 | CA$31.54 | CA$228.93 | x |
| 2020-12-31 | CA$37.01 | CA$228.93 | x |
| 2021-12-31 | CA$39.90 | CA$228.93 | x |
| 2022-12-31 | CA$49.76 | CA$228.93 | x |
| 2023-12-31 | CA$50.65 | CA$228.93 | x |
| 2024-12-31 | CA$65.38 | CA$228.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WSP Global Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.24%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.21%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 2.44x
- Recent ROE (8.24%) is above the historical average (8.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 5.78% | 5.78% | 0.44x | 2.27x | CA$-4.63 Million |
| 2007 | 10.49% | 5.95% | 0.84x | 2.10x | CA$720.00K |
| 2008 | 14.19% | 6.66% | 0.91x | 2.35x | CA$7.63 Million |
| 2009 | 11.21% | 6.51% | 0.90x | 1.92x | CA$3.35 Million |
| 2010 | 11.37% | 5.31% | 0.95x | 2.26x | CA$3.73 Million |
| 2011 | 9.98% | 7.68% | 0.90x | 1.45x | CA$-75.70K |
| 2012 | 5.05% | 3.68% | 0.69x | 1.98x | CA$-45.41 Million |
| 2013 | 7.36% | 3.56% | 1.08x | 1.91x | CA$-25.73 Million |
| 2014 | 2.92% | 2.16% | 0.59x | 2.30x | CA$-152.38 Million |
| 2015 | 6.47% | 3.11% | 0.98x | 2.11x | CA$-102.84 Million |
| 2016 | 6.96% | 3.12% | 1.04x | 2.14x | CA$-86.86 Million |
| 2017 | 7.21% | 3.07% | 1.06x | 2.20x | CA$-82.60 Million |
| 2018 | 7.61% | 3.14% | 1.02x | 2.38x | CA$-77.80 Million |
| 2019 | 8.60% | 3.21% | 1.03x | 2.60x | CA$-46.58 Million |
| 2020 | 6.76% | 3.13% | 1.00x | 2.17x | CA$-132.04 Million |
| 2021 | 10.15% | 4.61% | 0.91x | 2.41x | CA$7.15 Million |
| 2022 | 7.19% | 3.62% | 0.80x | 2.47x | CA$-168.80 Million |
| 2023 | 8.69% | 3.81% | 0.93x | 2.46x | CA$-82.89 Million |
| 2024 | 8.24% | 4.21% | 0.80x | 2.44x | CA$-145.85 Million |
Industry Comparison
This section compares WSP Global Inc's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $135,141,967
- Average return on equity (ROE) among peers: 21.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WSP Global Inc (WSP) | CA$8.79 Billion | 5.78% | 1.20x | $22.32 Billion |
| Aecon Group Inc. (ARE) | $489.88 Million | 11.75% | 3.05x | $1.96 Billion |
| AtkinsRealis Group Inc (ATRL) | $318.30 Million | 12.63% | 2.27x | $11.19 Billion |
| Badger Infrastructure Solutions Ltd (BDGI) | $139.96 Million | 20.04% | 0.64x | $1.54 Billion |
| Bird Construction Inc. (BDT) | $53.27 Million | 62.72% | 5.41x | $1.68 Billion |
| DIRTT Environmental Solutions Ltd. (DRT) | $82.52 Million | 6.22% | 0.43x | $108.24 Million |
| Minaean SP Construction Corp (MSP) | $856.38K | 57.12% | 0.48x | $6.16 Million |
| Global Power Solutions Corp. (PWER) | $-971.09K | 0.00% | 0.00x | $5.19 Million |
| Reco International Group Inc (RGI) | $-2.69 Million | 0.00% | 0.00x | $538.58K |
About WSP Global Inc
WSP Global Inc. operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Australia, and internationally. The company advises, plans, designs, and manages projects for rail, transit, aviation, highways, bridges, tunnels, water, maritime, and urban infrastructure for public and private clients, construction contractors, and other partners. It als… Read more