LVMH (MC.PA) - Net assets

Net assets on the balance sheet as of December 2023 : €65.93 Billion

According to LVMH's latest financial reports the company has €65.93 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

LVMH - Net assets on balance sheet (from 2009 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$€62.70 B	10.77%
2022-12-31	$€56.60 B	15.73%
2021-12-31	$€48.90 B	25.96%
2020-12-31	$€38.82 B	1.21%
2019-12-31	$€38.36 B	12.98%
2018-12-31	$€33.95 B	11.79%
2017-12-31	$€30.37 B	8.89%
2016-12-31	$€27.89 B	8.14%
2015-12-31	$€25.79 B	12.15%
2014-12-31	$€23.00 B	-17.57%
2013-12-31	$€27.90 B	9.4%
2012-12-31	$€25.50 B	8.89%
2011-12-31	$€23.42 B	28.69%
2010-12-31	$€18.20 B	23.12%
2009-12-31	$€14.78 B	7.19%
2008-12-31	$€13.79 B	10.93%
2007-12-31	$€12.43 B	7.25%
2006-12-31	$€11.59 B	10.59%
2005-12-31	$€10.48 B	20.85%
2004-12-31	$€8.67 B	-1.07%
2003-12-31	$€8.76 B	-0.83%
2002-12-31	$€8.84 B	1.62%
2001-12-31	$€8.70 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Ralph Lauren RL	€2.32 B	-96.48%	🇺🇸 USA
Nordstrom JWN	€0.90 B	-98.63%	🇺🇸 USA
Hermès RMS.PA	€15.98 B	-75.75%	🇫🇷 France
Prada 1913.HK	€4.07 B	-93.82%	🇮🇹 Italy

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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