Admiral Group PLC (ADM) — Tangible Net Worth Ratio
Admiral Group PLC (ADM) has a Tangible Net Worth Ratio of 85.4% as of June 2025. This metric is calculated by deducting intangible assets (GBX209.40 Million) from net assets (GBX1.44 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 Admiral Group PLC net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Admiral Group PLC Tangible Net Worth Ratio (2001–2024)
This chart shows how Admiral Group PLC's Tangible Net Worth Ratio has changed across 24 annual periods from 2001 to 2024. As of June 2025, the ratio stands at 85.4%, reflecting net assets of GBX1.44 Billion with intangible assets of GBX209.40 Million GBX. For live market cap and overall valuation, see Admiral Group PLC market cap and net worth.
Annual Tangible Net Worth Ratio for Admiral Group PLC (2001–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Admiral Group PLC from 2001 to 2024, covering 24 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. Explore Admiral Group PLC capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 84.8% | GBX1.37 Billion | GBX208.90 Million | GBX7.94 Billion | ▲ +3.0 pp |
| 2023 | 81.8% | GBX992.80 Million | GBX180.60 Million | GBX7.10 Billion | ▲ +4.6 pp |
| 2022 | 77.2% | GBX955.40 Million | GBX217.60 Million | GBX6.22 Billion | ▼ -12.0 pp |
| 2021 | 89.2% | GBX1.41 Billion | GBX151.70 Million | GBX6.18 Billion | ▲ +1.6 pp |
| 2020 | 87.6% | GBX1.12 Billion | GBX139.40 Million | GBX5.76 Billion | ▲ +2.3 pp |
| 2019 | 85.2% | GBX918.60 Million | GBX135.50 Million | GBX5.51 Billion | ▼ -1.8 pp |
| 2018 | 87.1% | GBX771.10 Million | GBX99.70 Million | GBX6.80 Billion | ▲ +1.9 pp |
| 2017 | 85.2% | GBX655.80 Million | GBX97.10 Million | GBX5.86 Billion | ▲ +2.4 pp |
| 2016 | 82.8% | GBX581.70 Million | GBX100.00 Million | GBX4.86 Billion | ▼ -4.6 pp |
| 2015 | 87.4% | GBX632.90 Million | GBX80.00 Million | GBX4.20 Billion | ▼ -4.9 pp |
| 2014 | 92.3% | GBX580.90 Million | GBX44.90 Million | GBX3.88 Billion | ▼ -6.8 pp |
| 2013 | 99.1% | GBX3.43 Billion | GBX30.50 Million | GBX3.47 Billion | ▲ +1.3 pp |
| 2012 | 97.9% | GBX460.70 Million | GBX9.90 Million | GBX3.20 Billion | ▲ +0.1 pp |
| 2011 | 97.8% | GBX394.40 Million | GBX8.80 Million | GBX2.61 Billion | ▼ -0.6 pp |
| 2010 | 98.4% | GBX350.70 Million | GBX5.70 Million | GBX1.77 Billion | ▲ +3.3 pp |
| 2009 | 95.1% | GBX300.80 Million | GBX14.70 Million | GBX1.18 Billion | ▼ -3.1 pp |
| 2008 | 98.2% | GBX275.50 Million | GBX5.00 Million | GBX1.01 Billion | ▼ -0.9 pp |
| 2007 | 99.1% | GBX237.63 Million | GBX2.13 Million | GBX870.32 Million | ▼ -0.5 pp |
| 2006 | 99.6% | GBX219.06 Million | GBX958.00K | GBX753.00 Million | ▲ +1.8 pp |
| 2005 | 97.7% | GBX181.41 Million | GBX4.14 Million | GBX663.58 Million | ▲ +43.7 pp |
| 2004 | 54.0% | GBX144.63 Million | GBX66.47 Million | GBX572.62 Million | ▲ +11.7 pp |
| 2003 | 42.4% | GBX108.17 Million | GBX62.35 Million | GBX449.03 Million | ▲ +38.4 pp |
| 2002 | 3.9% | GBX68.95 Million | GBX66.26 Million | GBX377.39 Million | ▲ +227.0 pp |
| 2001 | -223.1% | GBX22.27 Million | GBX71.94 Million | GBX405.51 Million | — |