Siemens Healthineers AG Tangible Net Worth Ratio

Latest as of June 2026: 66.1%

Siemens Healthineers AG tangible net worth ratio. Siemens Healthineers AG (SHL) has a Tangible Net Worth Ratio of 66.1% as of June 2026. This metric is calculated by deducting intangible assets (€6.50 Billion) from net assets (€19.16 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. Also explore SHL net assets growth trend to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

66.1%
Tangible equity / total equity

Net Assets (Equity)

€19.16 Billion
EUR

Intangible Assets

€6.50 Billion
Goodwill, patents, brand value

Total Assets

€45.74 Billion
EUR

Tangible Net Worth Ratio of Siemens Healthineers AG (2017–2024)

Tangible net worth ratio of Siemens Healthineers AG from 2017 to 2024. This chart shows how Siemens Healthineers AG's Tangible Net Worth Ratio has changed across 8 annual periods from 2017 to 2024. As of June 2026, the ratio stands at 66.1%, reflecting net assets of €19.16 Billion with intangible assets of €6.50 Billion EUR. Check Siemens Healthineers AG strategic capital allocation to assess the company's strategic physical and investment asset allocation.

Siemens Healthineers AG Tangible Net Worth Ratio by Year (2017–2024)

Siemens Healthineers AG tangible net worth ratio by year from 2017 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Siemens Healthineers AG from 2017 to 2024, covering 8 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 live market cap and overall valuation, see Siemens Healthineers AG (SHL) market capitalisation.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2024 61.3% €18.25 Billion €7.06 Billion €46.05 Billion ▲ +3.9 pp
2023 57.4% €18.13 Billion €7.73 Billion €46.68 Billion ▲ +1.3 pp
2022 56.1% €19.85 Billion €8.71 Billion €49.06 Billion ▲ +6.4 pp
2021 49.7% €16.34 Billion €8.21 Billion €42.16 Billion ▼ -35.0 pp
2020 84.7% €12.51 Billion €1.91 Billion €25.09 Billion ▲ +0.8 pp
2019 83.9% €9.78 Billion €1.58 Billion €21.43 Billion ▲ +2.0 pp
2018 81.9% €8.68 Billion €1.57 Billion €19.76 Billion ▼ -18.1 pp
2017 100.0% €3.24 Billion €0.00 €20.44 Billion —
pp = percentage points