Henkel AG & Co. KGaA Net Assets
Henkel AG & Co. KGaA net assets. Based on the latest financial reports, Henkel AG & Co. KGaA (HEN) has net assets worth €21.07 Billion EUR (≈ $24.63 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€36.49 Billion ≈ $42.67 Billion USD) and total liabilities (€15.43 Billion ≈ $18.03 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. Also explore how fast is Henkel AG & Co. KGaA growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €21.07 Billion |
| % of Total Assets | 57.73% |
| Annual Growth Rate | 7.37% |
| 5-Year Change | 3.97% |
| 10-Year Change | 35.53% |
| Growth Volatility | 8.96 |
Net Assets of Henkel AG & Co. KGaA (1997–2025)
Net assets of Henkel AG & Co. KGaA from 1997 to 2025. This chart illustrates how Henkel AG & Co. KGaA's net assets have evolved over time, based on quarterly financial data. See HEN net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Henkel AG & Co. KGaA (1997–2025)
The table below shows the annual net assets of Henkel AG & Co. KGaA from 1997 to 2025. For live market cap and overall valuation, see Henkel AG & Co. KGaA (HEN) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €20.58 Billion ≈ $24.06 Billion |
-5.69% |
| 2024-12-31 | €21.82 Billion ≈ $25.51 Billion |
+9.12% |
| 2023-12-31 | €20.00 Billion ≈ $23.38 Billion |
-0.78% |
| 2022-12-31 | €20.16 Billion ≈ $23.57 Billion |
+1.83% |
| 2021-12-31 | €19.79 Billion ≈ $23.14 Billion |
+10.76% |
| 2020-12-31 | €17.87 Billion ≈ $20.89 Billion |
-3.98% |
| 2019-12-31 | €18.61 Billion ≈ $21.76 Billion |
+9.48% |
| 2018-12-31 | €17.00 Billion ≈ $19.87 Billion |
+8.64% |
| 2017-12-31 | €15.65 Billion ≈ $18.29 Billion |
+3.04% |
| 2016-12-31 | €15.19 Billion ≈ $17.75 Billion |
+9.95% |
| 2015-12-31 | €13.81 Billion ≈ $16.15 Billion |
+18.61% |
| 2014-12-31 | €11.64 Billion ≈ $13.61 Billion |
+14.63% |
| 2013-12-31 | €10.16 Billion ≈ $11.88 Billion |
+6.80% |
| 2012-12-31 | €9.51 Billion ≈ $11.12 Billion |
+8.55% |
| 2011-12-31 | €8.76 Billion ≈ $10.24 Billion |
+10.21% |
| 2010-12-31 | €7.95 Billion ≈ $9.29 Billion |
+21.49% |
| 2009-12-31 | €6.54 Billion ≈ $7.65 Billion |
+0.14% |
| 2008-12-31 | €6.54 Billion ≈ $7.64 Billion |
+14.53% |
| 2007-12-31 | €5.71 Billion ≈ $6.67 Billion |
+2.87% |
| 2006-12-31 | €5.55 Billion ≈ $6.49 Billion |
+2.74% |
| 2005-12-31 | €5.40 Billion ≈ $6.31 Billion |
+17.27% |
| 2004-12-31 | €4.60 Billion ≈ $5.38 Billion |
+35.97% |
| 2003-12-31 | €3.39 Billion ≈ $3.96 Billion |
+0.68% |
| 2002-12-31 | €3.36 Billion ≈ $3.93 Billion |
-6.69% |
| 2001-12-31 | €3.60 Billion ≈ $4.21 Billion |
+2.97% |
| 2000-12-31 | €3.50 Billion ≈ $4.09 Billion |
+8.09% |
| 1999-12-31 | €3.24 Billion ≈ $3.79 Billion |
+14.43% |
| 1998-12-31 | €2.83 Billion ≈ $3.31 Billion |
+0.60% |
| 1997-12-31 | €2.81 Billion ≈ $3.29 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Henkel AG & Co. KGaA'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 23109.5% over the analyzed period, indicating profitable operations and earnings retention.
Henkel AG & Co. KGaA Net Assets Breakdown (December 2025)
Henkel AG & Co. KGaA net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €23.82 Billion | 116.24% |
| Common Stock | €438.00 Million | 2.14% |
| Other Comprehensive Income | €-2.51 Billion | -12.25% |
| Total Equity | €20.49 Billion | 100.00% |
Henkel AG & Co. KGaA Competitors by Market Cap
The table below lists competitors of Henkel AG & Co. KGaA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EAST JP RAILW. ADR 1/6
F:EJR0
|
$21.61 Billion |
|
Arca Continental S.A.B. de C.V
MX:AC
|
$21.64 Billion |
|
Laboratory Corporation of America Holdings
NYSE:LH
|
$21.71 Billion |
|
Credicorp Ltd
F:D8V
|
$21.75 Billion |
|
Telefónica S.A
F:TNE2
|
$21.54 Billion |
|
AXIA Energia SA
NYSE:AXIA-PC
|
$21.51 Billion |
|
SoFi Technologies Inc.
NASDAQ:SOFI
|
$21.50 Billion |
|
Telefonica SA ADR
NYSE:TEF
|
$21.49 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Henkel AG & Co. KGaA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 21,732,000,000 to 20,494,000,000, a change of -1,238,000,000 (-5.7%).
- Net income of 2,035,000,000 contributed positively to equity growth.
- Dividend payments of 850,000,000 reduced retained earnings.
- Share repurchases of 856,000,000 reduced equity.
- Other comprehensive income decreased equity by 1,585,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €2.04 Billion | +9.93% |
| Dividends Paid | €850.00 Million | -4.15% |
| Share Repurchases | €856.00 Million | -4.18% |
| Other Comprehensive Income | €-1.58 Billion | -7.73% |
| Other Changes | €18.00 Million | +0.09% |
| Total Change | €- | -5.70% |
Book Value vs Market Value Analysis
This analysis compares Henkel AG & Co. KGaA'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: 1.47x
- 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 12.42x to 1.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | €5.86 | €72.80 | x |
| 1998-12-31 | €5.87 | €72.80 | x |
| 1999-12-31 | €6.73 | €72.80 | x |
| 2000-12-31 | €7.39 | €72.80 | x |
| 2001-12-31 | €8.11 | €72.80 | x |
| 2002-12-31 | €7.60 | €72.80 | x |
| 2003-12-31 | €7.69 | €72.80 | x |
| 2004-12-31 | €10.66 | €72.80 | x |
| 2005-12-31 | €12.45 | €72.80 | x |
| 2006-12-31 | €12.68 | €72.80 | x |
| 2007-12-31 | €13.03 | €72.80 | x |
| 2008-12-31 | €14.96 | €72.80 | x |
| 2009-12-31 | €14.95 | €72.80 | x |
| 2010-12-31 | €18.10 | €72.80 | x |
| 2011-12-31 | €19.90 | €72.80 | x |
| 2012-12-31 | €22.61 | €72.80 | x |
| 2013-12-31 | €23.13 | €72.80 | x |
| 2014-12-31 | €26.50 | €72.80 | x |
| 2015-12-31 | €31.46 | €72.80 | x |
| 2016-12-31 | €34.65 | €72.80 | x |
| 2017-12-31 | €35.86 | €72.80 | x |
| 2018-12-31 | €38.95 | €72.80 | x |
| 2019-12-31 | €42.65 | €72.80 | x |
| 2020-12-31 | €45.10 | €72.80 | x |
| 2021-12-31 | €47.89 | €72.80 | x |
| 2022-12-31 | €46.88 | €72.80 | x |
| 2023-12-31 | €47.46 | €72.80 | x |
| 2024-12-31 | €51.76 | €72.80 | x |
| 2025-12-31 | €49.45 | €72.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Henkel AG & Co. KGaA 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): 9.93%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.93%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.63x
- Recent ROE (9.93%) is below the historical average (14.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 20.92% | 5.29% | 1.15x | 3.43x | €280.31 Million |
| 1998 | 13.07% | 3.08% | 1.19x | 3.55x | €78.92 Million |
| 1999 | 12.35% | 3.20% | 1.15x | 3.34x | €69.20 Million |
| 2000 | 14.52% | 3.66% | 1.12x | 3.53x | €145.70 Million |
| 2001 | 14.27% | 3.84% | 1.39x | 2.66x | €150.20 Million |
| 2002 | 13.27% | 4.50% | 1.13x | 2.60x | €107.10 Million |
| 2003 | 15.68% | 5.50% | 1.01x | 2.83x | €187.90 Million |
| 2004 | 37.82% | 16.38% | 0.81x | 2.86x | €1.28 Billion |
| 2005 | 14.09% | 6.32% | 0.86x | 2.60x | €219.90 Million |
| 2006 | 15.58% | 6.71% | 0.95x | 2.43x | €306.30 Million |
| 2007 | 16.32% | 7.04% | 1.00x | 2.31x | €356.70 Million |
| 2008 | 19.02% | 8.73% | 0.88x | 2.48x | €584.60 Million |
| 2009 | 9.70% | 4.63% | 0.86x | 2.44x | €-19.40 Million |
| 2010 | 14.54% | 7.57% | 0.86x | 2.23x | €357.10 Million |
| 2011 | 14.85% | 8.22% | 0.84x | 2.15x | €418.90 Million |
| 2012 | 15.38% | 9.15% | 0.85x | 1.99x | €528.10 Million |
| 2013 | 15.82% | 9.72% | 0.85x | 1.93x | €584.60 Million |
| 2014 | 14.15% | 9.91% | 0.78x | 1.82x | €477.20 Million |
| 2015 | 14.06% | 10.62% | 0.80x | 1.67x | €554.90 Million |
| 2016 | 13.64% | 10.97% | 0.66x | 1.89x | €548.30 Million |
| 2017 | 16.18% | 12.58% | 0.70x | 1.85x | €961.70 Million |
| 2018 | 13.68% | 11.63% | 0.67x | 1.77x | €622.50 Million |
| 2019 | 11.26% | 10.37% | 0.63x | 1.72x | €232.70 Million |
| 2020 | 7.19% | 7.31% | 0.64x | 1.54x | €-550.80 Million |
| 2021 | 7.86% | 8.14% | 0.61x | 1.57x | €-445.80 Million |
| 2022 | 6.27% | 5.62% | 0.68x | 1.65x | €-749.30 Million |
| 2023 | 6.62% | 6.13% | 0.68x | 1.59x | €-674.20 Million |
| 2024 | 9.24% | 9.30% | 0.61x | 1.62x | €-166.20 Million |
| 2025 | 9.93% | 9.93% | 0.61x | 1.63x | €-14.40 Million |
Industry Comparison
This section compares Henkel AG & Co. KGaA's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $1,755,012,978
- Average return on equity (ROE) among peers: 4.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Henkel AG & Co. KGaA (HEN) | €21.07 Billion | 20.92% | 0.73x | $21.57 Billion |
| CHEERWIN GRP. -0000002 (1RQ) | $2.74 Billion | 3.37% | 0.25x | $339.41 Million |
| PENTAL LTD (81B) | $27.84 Million | -3.59% | 0.09x | $85.23K |
| APOLLO GROUP-A (APO) | $-1.20 Million | 0.00% | 0.00x | $6.40 Million |
| Beiersdorf Aktiengesellschaft (BEI) | $4.68 Billion | 15.16% | 0.62x | $15.52 Billion |
| Beiersdorf Aktiengesellschaft (BEIA) | $6.26 Billion | 8.94% | 0.63x | $16.28 Billion |
| SOC.BIC UNS.ADR1/2/EO382 (BIF0) | $1.66 Billion | 5.18% | 0.57x | $2.30 Billion |
| DOREL INDS INC. B (DO4B) | $-90.75 Million | 0.00% | 0.00x | $29.93 Million |
| DOREL INDS INC. A (DO4C) | $469.00 Million | -6.74% | 2.95x | $3.60 Million |
| edding AG (EDD3) | $50.20 Million | 17.25% | 0.96x | $19.92 Million |
About Henkel AG & Co. KGaA
Henkel AG & Co. KGaA, together with its subsidiaries, engages in the adhesive technologies and consumer brands businesses in Europe, India, the Middle East, Africa, North America, Latin America, the Asia Pacific. It offers adhesives, sealants, and functional coatings for various business areas, including packaging and consumer goods; mobility and electronics; and craftsmen, construction, and prof… Read more