The Swatch Group
CHF 182.05Change from previous close: −1.35%Absolute change: −CHF 2.50
At a glance
- Revenue growth
- −6.76%
- 2025 vs 2024
- Net income growth
- −98.45%
- 2025 vs 2024
- Net margin
- 0.0%
- 2024: 2.9%
Financial data
Amounts in millions of CHF; per-share values in CHF; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 13,376 | 13,992 | 14,229 | 13,893 | 13,678 |
| Current assets | 9,597 | 10,006 | 10,502 | 10,393 | 10,107 |
| Cash and equivalents | 1,010 | 1,103 | 1,683 | 2,176 | 1,979 |
| Short-term investments | 219 | 292 | 380 | 369 | 672 |
| Receivables | 712 | 731 | 787 | 778 | 863 |
| Inventory | 7,295 | 7,641 | 7,309 | 6,873 | 6,389 |
| Net property, plant and equipment | 2,927 | 3,036 | 2,958 | 2,623 | 2,715 |
| Other intangible assets | 143 | 151 | 153 | 111 | 105 |
| Long-term investments | 30.0 | 34.0 | 13.0 | 19.0 | 21.0 |
| Current liabilities | 983 | 1,022 | 1,220 | 1,126 | 1,377 |
| Accounts payable | 245 | 270 | 317 | 298 | 313 |
| Long-term debt | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 |
| Total debt | 37.0 | 13.0 | 75.0 | 8.0 | — |
| Total liabilities | 1,722 | 1,775 | 1,971 | 1,842 | 2,073 |
| Total equity (incl. minority) | 11,654 | 12,217 | 12,258 | 12,051 | 11,605 |
| Retained earnings | 15,043 | 15,274 | 15,416 | 14,858 | 14,336 |
| Minority interest | 93.0 | 105 | 61.0 | 66.0 | 65.0 |