BT Group Plc (BT-A) — Tangible Net Worth Ratio

Latest as of March 2026: 62.9%

BT Group Plc (BT-A) has a Tangible Net Worth Ratio of 62.9% as of March 2026. This metric is calculated by deducting intangible assets (GBX4.66 Billion) from net assets (GBX12.56 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 BT Group Plc (BT-A) equity growth momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

62.9%
Tangible equity / total equity

Net Assets (Equity)

GBX12.56 Billion
GBX

Intangible Assets

GBX4.66 Billion
Goodwill, patents, brand value

Total Assets

GBX49.98 Billion
GBX

BT Group Plc Tangible Net Worth Ratio (1986–2026)

This chart shows how BT Group Plc's Tangible Net Worth Ratio has changed across 37 annual periods from 1986 to 2026. As of March 2026, the ratio stands at 62.9%, reflecting net assets of GBX12.56 Billion with intangible assets of GBX4.66 Billion GBX. For live market cap and overall valuation, see BT-A stock market capitalisation.

Annual Tangible Net Worth Ratio for BT Group Plc (1986–2026)

The table below presents the year-by-year Tangible Net Worth Ratio for BT Group Plc from 1986 to 2026, covering 37 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 BT 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)
2026 62.9% GBX12.56 Billion GBX4.66 Billion GBX49.98 Billion ▲ +2.6 pp
2025 60.3% GBX12.91 Billion GBX5.12 Billion GBX50.98 Billion ▲ +4.1 pp
2024 56.2% GBX12.52 Billion GBX5.49 Billion GBX51.74 Billion ▼ -4.3 pp
2023 60.5% GBX14.51 Billion GBX5.73 Billion GBX52.75 Billion ▼ -1.0 pp
2022 61.5% GBX15.30 Billion GBX5.89 Billion GBX49.77 Billion ▲ +8.7 pp
2021 52.7% GBX11.68 Billion GBX5.52 Billion GBX50.88 Billion ▼ -7.0 pp
2020 59.7% GBX14.76 Billion GBX5.94 Billion GBX53.07 Billion ▲ +22.5 pp
2019 37.3% GBX10.17 Billion GBX6.38 Billion GBX46.29 Billion ▲ +0.4 pp
2018 36.9% GBX10.30 Billion GBX6.50 Billion GBX42.76 Billion ▲ +20.8 pp
2017 16.1% GBX8.34 Billion GBX7.00 Billion GBX42.37 Billion ▼ -11.1 pp
2016 27.2% GBX10.38 Billion GBX7.56 Billion GBX42.59 Billion ▲ +146.7 pp
2015 -119.6% GBX808.00 Million GBX1.77 Billion GBX27.19 Billion ▼ -82.9 pp
2012 -36.7% GBX1.31 Billion GBX1.79 Billion GBX23.98 Billion ▼ -32.5 pp
2011 -4.2% GBX1.95 Billion GBX2.03 Billion GBX23.54 Billion ▲ +1256.2 pp
2009 -1260.4% GBX169.00 Million GBX2.30 Billion GBX29.27 Billion ▼ -1318.6 pp
2008 58.3% GBX5.43 Billion GBX2.27 Billion GBX29.35 Billion ▼ -0.4 pp
2007 58.7% GBX4.27 Billion GBX1.76 Billion GBX24.16 Billion ▲ +43.5 pp
2006 15.2% GBX1.61 Billion GBX1.36 Billion GBX24.70 Billion ▲ +1235.2 pp
2005 -1220.0% GBX95.00 Million GBX1.25 Billion GBX27.53 Billion ▼ -1313.4 pp
2004 93.4% GBX3.11 Billion GBX204.00 Million GBX26.57 Billion ▲ +1.5 pp
2003 91.9% GBX2.71 Billion GBX218.00 Million GBX28.22 Billion ▲ +118.1 pp
2001 -26.2% GBX14.57 Billion GBX18.38 Billion GBX54.81 Billion ▼ -90.7 pp
2000 64.5% GBX16.29 Billion GBX5.78 Billion GBX37.59 Billion ▼ -30.6 pp
1999 95.1% GBX15.16 Billion GBX742.00 Million GBX27.96 Billion ▼ -4.9 pp
1998 100.0% GBX11.01 Billion GBX2.11 Million GBX23.29 Billion ▲ +18.8 pp
1997 81.1% GBX11.32 Billion GBX2.14 Billion GBX25.06 Billion ▲ +5.1 pp
1996 76.0% GBX12.86 Billion GBX3.08 Billion GBX23.54 Billion ▼ -1.4 pp
1995 77.5% GBX12.13 Billion GBX2.73 Billion GBX21.46 Billion ▼ -1.7 pp
1994 79.2% GBX13.12 Billion GBX2.73 Billion GBX22.57 Billion ▲ +0.8 pp
1993 78.4% GBX12.29 Billion GBX2.65 Billion GBX21.23 Billion ▼ -0.3 pp
1992 78.8% GBX11.86 Billion GBX2.52 Billion GBX21.48 Billion ▲ +4.6 pp
1991 74.1% GBX10.66 Billion GBX2.76 Billion GBX20.53 Billion ▲ +3.3 pp
1990 70.8% GBX9.34 Billion GBX2.72 Billion GBX19.15 Billion ▲ +6.7 pp
1989 64.1% GBX8.95 Billion GBX3.21 Billion GBX17.34 Billion ▼ -1.9 pp
1988 66.0% GBX8.23 Billion GBX2.80 Billion GBX15.83 Billion ▼ -0.1 pp
1987 66.2% GBX7.65 Billion GBX2.59 Billion GBX14.95 Billion ▼ -1.1 pp
1986 67.2% GBX7.20 Billion GBX2.36 Billion GBX14.00 Billion
pp = percentage points