International Consolidated Airlines Group S.A (IAG) — Net Asset Quality Index
International Consolidated Airlines Group S.A (IAG) has a Net Asset Quality Index of 17.7% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of €42.92 Billion minus total liabilities of €35.31 Billion yields net assets of €7.61 Billion. A higher index indicates a stronger, lower-leverage balance sheet. For live market cap and overall valuation, see IAG market cap overview.
Quality Index
Net Assets
Total Assets
Total Liabilities
International Consolidated Airlines Group S.A Net Asset Quality Index Over Time (2003–2025)
This chart shows how International Consolidated Airlines Group S.A's Net Asset Quality Index has evolved across 22 annual periods from 2003 to 2025. As of December 2025, the index stands at 17.7%, representing net assets of €7.61 Billion against total assets of €42.92 Billion EUR. See IAG book value for net asset value and shareholders' equity analysis.
Annual Net Asset Quality Index for International Consolidated Airlines Group S.A (2003–2025)
The table below presents the year-by-year Net Asset Quality Index for International Consolidated Airlines Group S.A from 2003 to 2025, covering 22 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check IAG strategic asset allocation to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (EUR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 17.7% | €7.61 Billion | €42.92 Billion | €35.31 Billion | ▲ +3.6 pp |
| 2024 | 14.1% | €6.18 Billion | €43.80 Billion | €37.63 Billion | ▲ +5.4 pp |
| 2023 | 8.7% | €3.28 Billion | €37.68 Billion | €34.40 Billion | ▲ +3.6 pp |
| 2022 | 5.1% | €2.02 Billion | €39.30 Billion | €37.28 Billion | ▲ +2.7 pp |
| 2021 | 2.5% | €846.00 Million | €34.41 Billion | €33.56 Billion | ▼ -1.9 pp |
| 2020 | 4.3% | €1.32 Billion | €30.26 Billion | €28.95 Billion | ▼ -14.8 pp |
| 2019 | 19.1% | €6.83 Billion | €35.66 Billion | €28.83 Billion | ▼ -4.8 pp |
| 2018 | 24.0% | €6.72 Billion | €28.03 Billion | €21.31 Billion | ▼ -3.2 pp |
| 2017 | 27.1% | €7.40 Billion | €27.26 Billion | €19.86 Billion | ▲ +6.4 pp |
| 2016 | 20.7% | €5.66 Billion | €27.37 Billion | €21.71 Billion | ▲ +1.1 pp |
| 2015 | 19.6% | €5.53 Billion | €28.23 Billion | €22.70 Billion | ▲ +3.6 pp |
| 2014 | 16.0% | €3.79 Billion | €23.65 Billion | €19.86 Billion | ▼ -4.3 pp |
| 2013 | 20.3% | €4.22 Billion | €20.78 Billion | €16.56 Billion | ▼ -5.2 pp |
| 2012 | 25.5% | €5.05 Billion | €19.84 Billion | €14.78 Billion | ▼ -3.3 pp |
| 2011 | 28.8% | €5.69 Billion | €19.75 Billion | €14.07 Billion | ▲ +6.9 pp |
| 2010 | 21.9% | €2.83 Billion | €12.89 Billion | €10.07 Billion | ▲ +4.3 pp |
| 2008 | 17.6% | €1.99 Billion | €11.32 Billion | €9.33 Billion | ▼ -11.3 pp |
| 2007 | 28.9% | €4.09 Billion | €14.16 Billion | €10.07 Billion | ▲ +7.7 pp |
| 2006 | 21.2% | €3.55 Billion | €16.77 Billion | €13.22 Billion | ▲ +4.1 pp |
| 2005 | 17.0% | €2.97 Billion | €17.45 Billion | €14.48 Billion | ▲ +5.1 pp |
| 2004 | 12.0% | €2.03 Billion | €16.97 Billion | €14.94 Billion | ▼ -7.8 pp |
| 2003 | 19.8% | €3.58 Billion | €18.10 Billion | €14.51 Billion | — |