Deutsche Börse AG (DB1) - Net Assets
Based on the latest financial reports, Deutsche Börse AG (DB1) has net assets worth €10.77 Billion EUR as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€343.07 Billion) and total liabilities (€332.31 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 | €10.77 Billion |
| % of Total Assets | 3.14% |
| Annual Growth Rate | 17.62% |
| 5-Year Change | 72.44% |
| 10-Year Change | 188.7% |
| Growth Volatility | 54.33 |
Deutsche Börse AG - Net Assets Trend (1999–2025)
This chart illustrates how Deutsche Börse AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Deutsche Börse AG (1999–2025)
The table below shows the annual net assets of Deutsche Börse AG from 1999 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €13.35 Billion | +15.66% |
| 2024-12-31 | €11.54 Billion | +14.29% |
| 2023-12-31 | €10.10 Billion | +11.47% |
| 2022-12-31 | €9.06 Billion | +17.03% |
| 2021-12-31 | €7.74 Billion | +18.09% |
| 2020-12-31 | €6.56 Billion | +7.29% |
| 2019-12-31 | €6.11 Billion | +23.11% |
| 2018-12-31 | €4.96 Billion | +0.08% |
| 2017-12-31 | €4.96 Billion | +7.24% |
| 2016-12-31 | €4.62 Billion | +25.15% |
| 2015-12-31 | €3.70 Billion | -1.52% |
| 2014-12-31 | €3.75 Billion | +14.81% |
| 2013-12-31 | €3.27 Billion | +3.10% |
| 2012-12-31 | €3.17 Billion | +0.10% |
| 2011-12-31 | €3.17 Billion | +7.28% |
| 2010-12-31 | €2.95 Billion | +2.97% |
| 2009-12-31 | €2.87 Billion | -3.76% |
| 2008-12-31 | €2.98 Billion | +10.71% |
| 2007-12-31 | €2.69 Billion | +18.86% |
| 2006-12-31 | €2.26 Billion | +3.51% |
| 2005-12-31 | €2.19 Billion | -14.09% |
| 2004-12-31 | €2.55 Billion | +8.15% |
| 2003-12-31 | €2.35 Billion | +8.18% |
| 2002-12-31 | €2.18 Billion | +38.47% |
| 2001-12-31 | €1.57 Billion | +270.46% |
| 2000-12-31 | €424.04 Million | +115.93% |
| 1999-12-31 | €196.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Deutsche Börse 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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €11.83 Billion | 100.00% |
| Total Equity | €11.83 Billion | 100.00% |
Deutsche Börse AG Competitors by Market Cap
The table below lists competitors of Deutsche Börse AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CITIC Limited
F:CPF
|
$39.78 Billion |
|
Swedbank AB (publ)
ST:SWED-A
|
$39.93 Billion |
|
WEG S.A
SA:WEGE3
|
$40.05 Billion |
|
Franco-Nevada Corporation
NYSE:FNV
|
$40.13 Billion |
|
Alcon AG
NYSE:ALC
|
$39.64 Billion |
|
Polski Koncern Naftowy ORLEN SA
WAR:PKN
|
$39.63 Billion |
|
Endesa SA
MC:ELE
|
$39.62 Billion |
|
eBay Inc
NASDAQ:EBAY
|
$39.55 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Deutsche Börse AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,770,500,000 to 11,829,000,000, a change of 1,058,500,000 (9.8%).
- Net income of 1,995,000,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 566,100,000.
- Other factors decreased equity by 370,400,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €2.00 Billion | +16.87% |
| Other Comprehensive Income | €-566.10 Million | -4.79% |
| Other Changes | €-370.40 Million | -3.13% |
| Total Change | €- | 9.83% |
Book Value vs Market Value Analysis
This analysis compares Deutsche Börse 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: 4.04x
- 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 100.40x to 4.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | €2.60 | €261.10 | x |
| 2000-12-31 | €5.66 | €261.10 | x |
| 2001-12-31 | €15.52 | €261.10 | x |
| 2002-12-31 | €20.00 | €261.10 | x |
| 2003-12-31 | €20.94 | €261.10 | x |
| 2004-12-31 | €22.77 | €261.10 | x |
| 2005-12-31 | €21.59 | €261.10 | x |
| 2006-12-31 | €11.38 | €261.10 | x |
| 2007-12-31 | €12.25 | €261.10 | x |
| 2008-12-31 | €13.91 | €261.10 | x |
| 2009-12-31 | €15.40 | €261.10 | x |
| 2010-12-31 | €15.85 | €261.10 | x |
| 2011-12-31 | €15.88 | €261.10 | x |
| 2012-12-31 | €15.72 | €261.10 | x |
| 2013-12-31 | €16.49 | €261.10 | x |
| 2014-12-31 | €18.62 | €261.10 | x |
| 2015-12-31 | €19.22 | €261.10 | x |
| 2016-12-31 | €23.99 | €261.10 | x |
| 2017-12-31 | €25.91 | €261.10 | x |
| 2018-12-31 | €26.12 | €261.10 | x |
| 2019-12-31 | €31.27 | €261.10 | x |
| 2020-12-31 | €33.62 | €261.10 | x |
| 2021-12-31 | €39.11 | €261.10 | x |
| 2022-12-31 | €46.05 | €261.10 | x |
| 2023-12-31 | €52.34 | €261.10 | x |
| 2024-12-31 | €58.46 | €261.10 | x |
| 2025-12-31 | €64.60 | €261.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Deutsche Börse 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): 16.87%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.90%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 25.12x
- Recent ROE (16.87%) is below the historical average (21.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 34.26% | 9.67% | 0.18x | 19.67x | €46.73 Million |
| 2000 | 53.07% | 26.60% | 0.90x | 2.22x | €178.98 Million |
| 2001 | 13.10% | 24.24% | 0.39x | 1.38x | €48.03 Million |
| 2002 | 10.92% | 18.29% | 0.20x | 3.04x | €19.88 Million |
| 2003 | 10.52% | 16.07% | 0.18x | 3.54x | €12.20 Million |
| 2004 | 10.45% | 0.00% | 0.00x | 10.88x | €11.58 Million |
| 2005 | 19.55% | 0.00% | 0.00x | 17.60x | €208.73 Million |
| 2006 | 29.54% | 0.00% | 0.00x | 28.73x | €442.36 Million |
| 2007 | 38.48% | 36.55% | 0.03x | 33.51x | €677.17 Million |
| 2008 | 39.57% | 40.26% | 0.02x | 54.96x | €784.87 Million |
| 2009 | 16.44% | 21.87% | 0.01x | 56.30x | €184.58 Million |
| 2010 | 13.39% | 19.60% | 0.01x | 50.43x | €99.96 Million |
| 2011 | 29.50% | 36.84% | 0.01x | 73.81x | €576.03 Million |
| 2012 | 21.89% | 29.35% | 0.01x | 73.48x | €350.34 Million |
| 2013 | 15.75% | 21.78% | 0.01x | 62.34x | €174.74 Million |
| 2014 | 22.23% | 32.02% | 0.01x | 62.95x | €419.33 Million |
| 2015 | 18.71% | 24.00% | 0.02x | 50.64x | €309.89 Million |
| 2016 | 28.39% | 48.18% | 0.02x | 36.55x | €824.47 Million |
| 2017 | 18.06% | 31.55% | 0.02x | 27.91x | €390.17 Million |
| 2018 | 17.07% | 26.60% | 0.02x | 33.52x | €341.31 Million |
| 2019 | 17.50% | 30.42% | 0.02x | 23.92x | €430.37 Million |
| 2020 | 17.51% | 29.05% | 0.02x | 24.77x | €463.07 Million |
| 2021 | 16.82% | 27.72% | 0.02x | 30.99x | €490.34 Million |
| 2022 | 17.64% | 28.60% | 0.02x | 31.77x | €647.22 Million |
| 2023 | 17.84% | 28.28% | 0.03x | 24.61x | €757.85 Million |
| 2024 | 18.09% | 27.74% | 0.03x | 20.65x | €871.45 Million |
| 2025 | 16.87% | 26.90% | 0.02x | 25.12x | €812.10 Million |
Industry Comparison
This section compares Deutsche Börse AG's net assets metrics with peer companies in the Financial Data & Stock Exchanges industry.
Industry Context
- Industry: Financial Data & Stock Exchanges
- Average net assets among peers: $83,153,832,921
- Average return on equity (ROE) among peers: 5.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Deutsche Börse AG (DB1) | €10.77 Billion | 34.26% | 30.86x | $39.66 Billion |
| ASX Limited (AUX) | $3.72 Billion | 13.40% | 3.68x | $6.89 Billion |
| EUWAX Aktiengesellschaft (EUX) | $82.88 Million | 5.17% | 0.38x | $252.86 Million |
| Japan Exchange Group Inc (OSK) | $328.77 Billion | 15.63% | 181.73x | $9.98 Billion |
| Smartbroker Holding AG (SB1) | $43.05 Million | -13.88% | 0.48x | $208.93 Million |
About Deutsche Börse AG
Deutsche Börse AG operates as an international exchange organization in Germany, rest of Europe, the United States, and the Asia-Pacific. It operates through four segments: Investment Management Solutions; Trading & Clearing; Fund Services; and Securities Services. The company offers investment management solutions that include indices and research, such as ISS solutions, STOXX and DAX indices, i… Read more