UPM-Kymmene Oyj (UPM) — Tangible Net Worth Ratio
UPM-Kymmene Oyj (UPM) has a Tangible Net Worth Ratio of 94.2% as of June 2025. This metric is calculated by deducting intangible assets (€600.00 Million) from net assets (€10.33 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 UPM-Kymmene Oyj book value and equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
UPM-Kymmene Oyj Tangible Net Worth Ratio (1998–2024)
This chart shows how UPM-Kymmene Oyj's Tangible Net Worth Ratio has changed across 27 annual periods from 1998 to 2024. As of June 2025, the ratio stands at 94.2%, reflecting net assets of €10.33 Billion with intangible assets of €600.00 Million EUR. Also explore UPM-Kymmene Oyj net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for UPM-Kymmene Oyj (1998–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for UPM-Kymmene Oyj from 1998 to 2024, covering 27 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 UPM stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 95.0% | €11.54 Billion | €580.00 Million | €19.10 Billion | ▲ +1.2 pp |
| 2023 | 93.8% | €11.53 Billion | €715.00 Million | €18.47 Billion | ▼ -1.9 pp |
| 2022 | 95.7% | €12.88 Billion | €552.00 Million | €22.21 Billion | ▼ -1.0 pp |
| 2021 | 96.7% | €11.11 Billion | €366.00 Million | €17.68 Billion | ▲ +0.5 pp |
| 2020 | 96.2% | €9.51 Billion | €363.00 Million | €14.86 Billion | ▼ -0.6 pp |
| 2019 | 96.8% | €10.18 Billion | €326.00 Million | €14.72 Billion | ▼ -0.2 pp |
| 2018 | 97.0% | €9.80 Billion | €296.00 Million | €14.00 Billion | ▲ +0.4 pp |
| 2017 | 96.6% | €8.66 Billion | €295.00 Million | €13.07 Billion | ▲ +0.2 pp |
| 2016 | 96.4% | €8.24 Billion | €299.00 Million | €13.91 Billion | ▲ +0.5 pp |
| 2015 | 95.9% | €7.94 Billion | €329.00 Million | €14.19 Billion | ▲ +0.4 pp |
| 2014 | 95.5% | €7.48 Billion | €340.00 Million | €14.20 Billion | ▲ +0.0 pp |
| 2013 | 95.4% | €7.46 Billion | €342.00 Million | €14.60 Billion | ▲ +1.4 pp |
| 2012 | 94.0% | €5.92 Billion | €357.00 Million | €12.89 Billion | ▲ +0.1 pp |
| 2011 | 93.9% | €7.48 Billion | €458.00 Million | €15.39 Billion | ▼ -0.2 pp |
| 2010 | 94.0% | €7.11 Billion | €424.00 Million | €13.81 Billion | ▲ +0.4 pp |
| 2009 | 93.6% | €6.60 Billion | €423.00 Million | €13.61 Billion | ▲ +0.2 pp |
| 2008 | 93.4% | €6.12 Billion | €403.00 Million | €13.78 Billion | ▼ -0.8 pp |
| 2007 | 94.2% | €6.78 Billion | €392.00 Million | €13.95 Billion | ▲ +0.5 pp |
| 2006 | 93.7% | €7.29 Billion | €460.68 Million | €14.47 Billion | ▲ +21.5 pp |
| 2005 | 72.2% | €7.36 Billion | €2.05 Billion | €15.53 Billion | ▼ -0.7 pp |
| 2004 | 72.9% | €7.66 Billion | €2.08 Billion | €15.87 Billion | ▲ +5.4 pp |
| 2003 | 67.5% | €6.89 Billion | €2.24 Billion | €14.49 Billion | ▲ +1.3 pp |
| 2002 | 66.2% | €6.96 Billion | €2.35 Billion | €15.39 Billion | ▲ +1.6 pp |
| 2001 | 64.5% | €6.85 Billion | €2.43 Billion | €16.46 Billion | ▼ -24.1 pp |
| 2000 | 88.6% | €6.17 Billion | €703.79 Million | €13.11 Billion | ▼ -5.8 pp |
| 1999 | 94.4% | €5.29 Billion | €295.16 Million | €11.02 Billion | ▲ +0.1 pp |
| 1998 | 94.4% | €5.31 Billion | €299.45 Million | €11.39 Billion | — |