Macquarie Group Ltd (MQG) — Tangible Net Worth Ratio

Latest as of March 2026: 97.6%

Macquarie Group Ltd (MQG) has a Tangible Net Worth Ratio of 97.6% as of March 2026. This metric is calculated by deducting intangible assets (AU$890.00 Million) from net assets (AU$36.90 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See working capital to net assets of Macquarie Group Ltd to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

97.6%
Tangible equity / total equity

Net Assets (Equity)

AU$36.90 Billion
AUD

Intangible Assets

AU$890.00 Million
Goodwill, patents, brand value

Total Assets

AU$540.10 Billion
AUD

Macquarie Group Ltd Tangible Net Worth Ratio (1997–2026)

This chart shows how Macquarie Group Ltd's Tangible Net Worth Ratio has changed across 30 annual periods from 1997 to 2026. As of March 2026, the ratio stands at 97.6%, reflecting net assets of AU$36.90 Billion with intangible assets of AU$890.00 Million AUD. See how many days can Macquarie Group Ltd fund operations to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Macquarie Group Ltd (1997–2026)

The table below presents the year-by-year Tangible Net Worth Ratio for Macquarie Group Ltd from 1997 to 2026, covering 30 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market cap of Macquarie Group Ltd.

Year Tangible NW Ratio Net Assets (AUD) Intangible Assets Total Assets Change (pp)
2026 97.6% AU$36.90 Billion AU$890.00 Million AU$540.10 Billion ▼ -0.8 pp
2025 98.4% AU$35.79 Billion AU$587.00 Million AU$445.22 Billion ▲ +3.9 pp
2024 94.5% AU$34.00 Billion AU$1.88 Billion AU$403.40 Billion ▲ +5.7 pp
2023 88.8% AU$34.11 Billion AU$3.83 Billion AU$389.41 Billion ▲ +1.9 pp
2022 86.9% AU$28.81 Billion AU$3.78 Billion AU$399.18 Billion ▼ -1.7 pp
2021 88.6% AU$22.35 Billion AU$2.54 Billion AU$245.65 Billion ▲ +3.6 pp
2020 85.0% AU$21.78 Billion AU$3.27 Billion AU$255.80 Billion ▼ -9.6 pp
2019 94.6% AU$18.36 Billion AU$999.00 Million AU$197.76 Billion ▼ -2.6 pp
2018 97.1% AU$18.18 Billion AU$524.00 Million AU$191.32 Billion ▲ +0.4 pp
2017 96.7% AU$17.27 Billion AU$567.00 Million AU$182.88 Billion ▲ +0.2 pp
2016 96.5% AU$15.66 Billion AU$553.00 Million AU$196.75 Billion ▲ +0.5 pp
2015 95.9% AU$14.40 Billion AU$584.00 Million AU$187.98 Billion ▲ +0.7 pp
2014 95.2% AU$11.91 Billion AU$568.00 Million AU$153.90 Billion ▲ +0.3 pp
2013 94.9% AU$11.95 Billion AU$608.00 Million AU$150.78 Billion ▲ +0.5 pp
2012 94.4% AU$11.73 Billion AU$658.00 Million AU$153.63 Billion ▼ -0.1 pp
2011 94.5% AU$11.93 Billion AU$652.00 Million AU$157.57 Billion ▲ +0.4 pp
2010 94.1% AU$11.77 Billion AU$689.00 Million AU$145.94 Billion ▼ -3.1 pp
2009 97.2% AU$9.56 Billion AU$264.00 Million AU$149.14 Billion ▼ -1.6 pp
2008 98.8% AU$10.06 Billion AU$118.00 Million AU$167.25 Billion ▼ -0.4 pp
2007 99.2% AU$7.52 Billion AU$61.00 Million AU$136.39 Billion ▲ +0.4 pp
2006 98.7% AU$5.34 Billion AU$67.00 Million AU$106.21 Billion ▲ +6.0 pp
2005 92.7% AU$4.43 Billion AU$322.00 Million AU$49.31 Billion ▲ +484.2 pp
2004 -391.5% AU$2.83 Billion AU$13.92 Billion AU$43.77 Billion ▼ -491.5 pp
2003 100.0% AU$2.58 Billion AU$0.00 AU$32.52 Billion ▲ +381.0 pp
2002 -281.0% AU$2.42 Billion AU$9.21 Billion AU$30.23 Billion ▼ -381.0 pp
2001 100.0% AU$1.34 Billion AU$0.00 AU$27.85 Billion ▲ +0.0 pp
2000 100.0% AU$1.23 Billion AU$0.00 AU$23.38 Billion ▲ +17.1 pp
1999 82.9% AU$651.26 Million AU$111.41 Million AU$9.25 Billion ▼ -17.1 pp
1998 100.0% AU$580.90 Million AU$0.00 AU$7.93 Billion ▲ +160.6 pp
1997 -60.6% AU$693.90 Million AU$1.11 Billion AU$6.14 Billion
pp = percentage points