Diageo PLC (DGE) — Tangible Net Worth Ratio
Diageo PLC (DGE) has a Tangible Net Worth Ratio of 10.3% as of June 2025. This metric is calculated by deducting intangible assets (GBX11.83 Billion) from net assets (GBX13.18 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 Diageo PLC equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Diageo PLC Tangible Net Worth Ratio (1996–2025)
This chart shows how Diageo PLC's Tangible Net Worth Ratio has changed across 30 annual periods from 1996 to 2025. As of June 2025, the ratio stands at 10.3%, reflecting net assets of GBX13.18 Billion with intangible assets of GBX11.83 Billion GBX. For live market cap and overall valuation, see market cap of Diageo PLC.
Annual Tangible Net Worth Ratio for Diageo PLC (1996–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Diageo PLC from 1996 to 2025, 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. Explore reinvestment intensity of Diageo PLC 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) |
|---|---|---|---|---|---|
| 2025 | 10.3% | GBX13.18 Billion | GBX11.83 Billion | GBX49.32 Billion | ▲ +33.0 pp |
| 2024 | -22.7% | GBX12.07 Billion | GBX14.81 Billion | GBX45.47 Billion | ▼ -22.8 pp |
| 2023 | 0.1% | GBX9.29 Billion | GBX9.29 Billion | GBX35.62 Billion | ▲ +1.1 pp |
| 2022 | -1.1% | GBX9.51 Billion | GBX9.62 Billion | GBX36.52 Billion | ▲ +3.4 pp |
| 2021 | -4.5% | GBX8.43 Billion | GBX8.81 Billion | GBX31.95 Billion | ▲ +6.8 pp |
| 2020 | -11.2% | GBX8.44 Billion | GBX9.39 Billion | GBX33.31 Billion | ▼ -14.0 pp |
| 2019 | 2.8% | GBX10.16 Billion | GBX9.88 Billion | GBX31.30 Billion | ▼ -12.8 pp |
| 2018 | 15.5% | GBX11.71 Billion | GBX9.89 Billion | GBX29.71 Billion | ▼ -2.6 pp |
| 2017 | 18.2% | GBX12.03 Billion | GBX9.84 Billion | GBX28.85 Billion | ▲ +13.2 pp |
| 2016 | 5.0% | GBX10.18 Billion | GBX9.67 Billion | GBX28.49 Billion | ▼ -0.9 pp |
| 2015 | 5.9% | GBX9.26 Billion | GBX8.71 Billion | GBX25.80 Billion | ▼ -6.0 pp |
| 2014 | 11.9% | GBX7.59 Billion | GBX6.69 Billion | GBX22.96 Billion | ▲ +6.5 pp |
| 2013 | 5.4% | GBX8.11 Billion | GBX7.67 Billion | GBX25.08 Billion | ▲ +15.6 pp |
| 2012 | -10.2% | GBX6.81 Billion | GBX7.51 Billion | GBX22.35 Billion | ▲ +54.3 pp |
| 2011 | -64.5% | GBX5.99 Billion | GBX9.85 Billion | GBX19.78 Billion | ▲ +33.9 pp |
| 2010 | -98.4% | GBX4.79 Billion | GBX9.50 Billion | GBX19.45 Billion | ▲ +50.1 pp |
| 2009 | -148.5% | GBX3.87 Billion | GBX9.63 Billion | GBX18.02 Billion | ▲ +15.1 pp |
| 2008 | -163.6% | GBX4.17 Billion | GBX11.01 Billion | GBX16.03 Billion | ▼ -60.6 pp |
| 2007 | -103.1% | GBX4.17 Billion | GBX8.47 Billion | GBX13.96 Billion | ▼ -29.6 pp |
| 2006 | -73.5% | GBX4.68 Billion | GBX8.12 Billion | GBX13.93 Billion | ▼ -78.2 pp |
| 2005 | 4.7% | GBX4.63 Billion | GBX4.41 Billion | GBX13.92 Billion | ▼ -14.0 pp |
| 2004 | 18.7% | GBX4.93 Billion | GBX4.01 Billion | GBX14.09 Billion | ▼ -3.1 pp |
| 2003 | 21.8% | GBX5.48 Billion | GBX4.29 Billion | GBX16.20 Billion | ▲ +4.7 pp |
| 2002 | 17.1% | GBX6.56 Billion | GBX5.43 Billion | GBX18.49 Billion | ▲ +16.1 pp |
| 2001 | 1.0% | GBX5.73 Billion | GBX5.67 Billion | GBX17.64 Billion | ▲ +1.1 pp |
| 2000 | -0.1% | GBX5.29 Billion | GBX5.29 Billion | GBX16.14 Billion | ▲ +12.9 pp |
| 1999 | -13.0% | GBX4.59 Billion | GBX5.19 Billion | GBX16.28 Billion | ▼ -21.4 pp |
| 1998 | 8.5% | GBX5.16 Billion | GBX4.73 Billion | GBX17.25 Billion | ▼ -22.7 pp |
| 1997 | 31.2% | GBX7.16 Billion | GBX4.92 Billion | GBX17.86 Billion | ▲ +0.0 pp |
| 1996 | 31.2% | GBX7.16 Billion | GBX4.92 Billion | GBX17.86 Billion | — |