Marks and Spencer Group PLC (MKS) — Tangible Net Worth Ratio
Marks and Spencer Group PLC (MKS) has a Tangible Net Worth Ratio of 86.3% as of March 2026. This metric is calculated by deducting intangible assets (GBX442.30 Million) from net assets (GBX3.22 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 Marks and Spencer 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
Marks and Spencer Group PLC Tangible Net Worth Ratio (1986–2026)
This chart shows how Marks and Spencer Group PLC's Tangible Net Worth Ratio has changed across 41 annual periods from 1986 to 2026. As of March 2026, the ratio stands at 86.3%, reflecting net assets of GBX3.22 Billion with intangible assets of GBX442.30 Million GBX. For live market cap and overall valuation, see Marks and Spencer Group PLC stock valuation.
Annual Tangible Net Worth Ratio for Marks and Spencer Group PLC (1986–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Marks and Spencer Group PLC from 1986 to 2026, covering 41 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 MKS capex to operating 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 | 86.3% | GBX3.22 Billion | GBX442.30 Million | GBX10.11 Billion | ▼ -8.3 pp |
| 2025 | 94.6% | GBX2.95 Billion | GBX159.00 Million | GBX8.82 Billion | ▼ 0.0 pp |
| 2024 | 94.7% | GBX2.83 Billion | GBX151.10 Million | GBX8.68 Billion | ▼ -0.6 pp |
| 2023 | 95.2% | GBX2.81 Billion | GBX134.70 Million | GBX9.10 Billion | ▲ +0.8 pp |
| 2022 | 94.4% | GBX2.92 Billion | GBX163.90 Million | GBX9.44 Billion | ▲ +3.5 pp |
| 2021 | 90.9% | GBX2.29 Billion | GBX208.30 Million | GBX8.64 Billion | ▼ -0.1 pp |
| 2020 | 91.0% | GBX3.71 Billion | GBX335.10 Million | GBX10.18 Billion | ▲ +6.7 pp |
| 2019 | 84.2% | GBX2.68 Billion | GBX422.40 Million | GBX7.20 Billion | ▲ +1.9 pp |
| 2018 | 82.3% | GBX2.95 Billion | GBX521.80 Million | GBX7.55 Billion | ▲ +2.4 pp |
| 2017 | 80.0% | GBX3.15 Billion | GBX630.60 Million | GBX8.29 Billion | ▲ +0.9 pp |
| 2016 | 79.1% | GBX3.44 Billion | GBX720.10 Million | GBX8.48 Billion | ▲ +2.9 pp |
| 2015 | 76.1% | GBX3.20 Billion | GBX763.00 Million | GBX8.20 Billion | ▲ +2.5 pp |
| 2014 | 73.7% | GBX2.71 Billion | GBX713.20 Million | GBX7.90 Billion | ▼ -2.1 pp |
| 2013 | 75.8% | GBX2.49 Billion | GBX602.40 Million | GBX7.57 Billion | ▼ -6.5 pp |
| 2012 | 82.3% | GBX2.78 Billion | GBX491.70 Million | GBX7.27 Billion | ▲ +2.0 pp |
| 2011 | 80.3% | GBX2.68 Billion | GBX527.70 Million | GBX7.34 Billion | ▲ +1.0 pp |
| 2010 | 79.3% | GBX2.19 Billion | GBX452.80 Million | GBX7.15 Billion | ▼ -1.7 pp |
| 2009 | 80.9% | GBX2.10 Billion | GBX400.30 Million | GBX7.26 Billion | ▼ -3.5 pp |
| 2008 | 84.4% | GBX1.96 Billion | GBX305.50 Million | GBX7.16 Billion | ▼ -3.8 pp |
| 2007 | 88.2% | GBX1.65 Billion | GBX194.10 Million | GBX5.38 Billion | ▲ +1.8 pp |
| 2006 | 86.4% | GBX1.20 Billion | GBX163.50 Million | GBX5.26 Billion | ▲ +4.6 pp |
| 2005 | 81.8% | GBX909.20 Million | GBX165.40 Million | GBX4.87 Billion | ▲ +87.7 pp |
| 2004 | -5.9% | GBX2.45 Billion | GBX2.60 Billion | GBX7.38 Billion | ▼ -104.5 pp |
| 2003 | 98.6% | GBX3.04 Billion | GBX42.80 Million | GBX6.76 Billion | ▲ +76.1 pp |
| 2002 | 22.5% | GBX3.08 Billion | GBX2.39 Billion | GBX7.19 Billion | ▼ -25.0 pp |
| 2001 | 47.5% | GBX4.58 Billion | GBX2.41 Billion | GBX7.69 Billion | ▼ -52.5 pp |
| 2000 | 100.0% | GBX4.92 Billion | GBX1.30 Million | GBX8.02 Billion | ▲ +43.8 pp |
| 1999 | 56.2% | GBX4.90 Billion | GBX2.15 Billion | GBX7.80 Billion | ▼ -5.8 pp |
| 1998 | 62.0% | GBX4.87 Billion | GBX1.85 Billion | GBX7.44 Billion | ▼ -3.5 pp |
| 1997 | 65.5% | GBX4.55 Billion | GBX1.57 Billion | GBX6.85 Billion | ▼ -5.6 pp |
| 1996 | 71.0% | GBX4.14 Billion | GBX1.20 Billion | GBX6.35 Billion | ▼ -4.0 pp |
| 1995 | 75.0% | GBX3.74 Billion | GBX934.00 Million | GBX5.71 Billion | ▼ -2.0 pp |
| 1994 | 77.0% | GBX3.34 Billion | GBX767.90 Million | GBX5.16 Billion | ▼ -1.7 pp |
| 1993 | 78.7% | GBX2.97 Billion | GBX632.20 Million | GBX4.69 Billion | ▼ 0.0 pp |
| 1992 | 78.7% | GBX2.66 Billion | GBX566.30 Million | GBX4.31 Billion | ▼ -21.3 pp |
| 1991 | 100.0% | GBX2.44 Billion | GBX0.00 | GBX3.90 Billion | ▲ +0.0 pp |
| 1990 | 100.0% | GBX2.18 Billion | GBX0.00 | GBX3.68 Billion | ▲ +10.0 pp |
| 1989 | 90.0% | GBX1.92 Billion | GBX192.60 Million | GBX3.01 Billion | ▼ -4.0 pp |
| 1988 | 94.0% | GBX2.16 Billion | GBX130.40 Million | GBX2.94 Billion | ▲ +1.2 pp |
| 1987 | 92.7% | GBX1.58 Billion | GBX114.90 Million | GBX2.15 Billion | ▼ -0.2 pp |
| 1986 | 93.0% | GBX1.46 Billion | GBX102.90 Million | GBX1.99 Billion | — |