TP ICAP Group PLC (TCAP) — Tangible Net Worth Ratio
TP ICAP Group PLC (TCAP) has a Tangible Net Worth Ratio of 13.7% as of June 2026. This metric is calculated by deducting intangible assets (GBX1.74 Billion) from net assets (GBX2.02 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 TP ICAP Group PLC (TCAP) 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
TP ICAP Group PLC Tangible Net Worth Ratio (2000–2025)
This chart shows how TP ICAP Group PLC's Tangible Net Worth Ratio has changed across 29 annual periods from 2000 to 2025. As of June 2026, the ratio stands at 13.7%, reflecting net assets of GBX2.02 Billion with intangible assets of GBX1.74 Billion GBX. For live market cap and overall valuation, see TCAP market cap overview.
Annual Tangible Net Worth Ratio for TP ICAP Group PLC (2000–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for TP ICAP Group PLC from 2000 to 2025, covering 29 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 TCAP capex reinvestment rate 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 | 74.0% | GBX2.04 Billion | GBX531.00 Million | GBX8.18 Billion | ▲ +0.0 pp |
| 2024 | 73.9% | GBX2.08 Billion | GBX542.00 Million | GBX6.45 Billion | ▲ +1.0 pp |
| 2023 | 72.9% | GBX2.06 Billion | GBX559.00 Million | GBX6.21 Billion | ▲ +2.8 pp |
| 2022 | 70.2% | GBX2.16 Billion | GBX645.00 Million | GBX5.86 Billion | ▲ +4.2 pp |
| 2021 | 66.0% | GBX1.98 Billion | GBX673.00 Million | GBX5.45 Billion | ▼ -2.7 pp |
| 2020 | 68.7% | GBX1.70 Billion | GBX532.00 Million | GBX72.73 Billion | ▲ +59.5 pp |
| 2019 | 9.1% | GBX1.73 Billion | GBX1.57 Billion | GBX52.06 Billion | ▼ -56.3 pp |
| 2018 | 65.4% | GBX1.83 Billion | GBX633.00 Million | GBX25.51 Billion | ▲ +1.4 pp |
| 2017 | 64.0% | GBX1.83 Billion | GBX659.00 Million | GBX37.37 Billion | ▲ +1.5 pp |
| 2016 | 62.5% | GBX1.92 Billion | GBX719.30 Million | GBX25.99 Billion | ▼ -29.1 pp |
| 2016 | 91.6% | GBX574.00 Million | GBX48.00 Million | GBX21.53 Billion | ▼ -2.5 pp |
| 2015 | 94.1% | GBX541.70 Million | GBX32.00 Million | GBX3.53 Billion | ▲ +1.8 pp |
| 2015 | 92.3% | GBX574.00 Million | GBX44.00 Million | GBX24.96 Billion | ▼ -1.3 pp |
| 2014 | 93.6% | GBX463.50 Million | GBX29.60 Million | GBX4.02 Billion | ▲ +14.0 pp |
| 2014 | 79.6% | GBX627.00 Million | GBX128.00 Million | GBX23.50 Billion | ▼ -14.9 pp |
| 2013 | 94.5% | GBX398.40 Million | GBX21.80 Million | GBX6.49 Billion | ▲ +0.3 pp |
| 2012 | 94.2% | GBX372.00 Million | GBX21.60 Million | GBX6.57 Billion | ▼ -2.0 pp |
| 2011 | 96.2% | GBX475.50 Million | GBX18.30 Million | GBX6.12 Billion | ▼ -0.9 pp |
| 2010 | 97.1% | GBX411.80 Million | GBX12.10 Million | GBX5.07 Billion | ▼ -0.6 pp |
| 2009 | 97.6% | GBX312.50 Million | GBX7.40 Million | GBX6.59 Billion | ▲ +0.0 pp |
| 2008 | 97.6% | GBX244.50 Million | GBX5.80 Million | GBX14.40 Billion | ▼ -0.3 pp |
| 2007 | 97.9% | GBX132.40 Million | GBX2.80 Million | GBX7.62 Billion | ▼ -1.7 pp |
| 2006 | 99.6% | GBX382.30 Million | GBX1.70 Million | GBX13.27 Billion | ▲ +0.1 pp |
| 2005 | 99.5% | GBX544.50 Million | GBX2.80 Million | GBX12.82 Billion | ▲ +86.4 pp |
| 2004 | 13.1% | GBX495.40 Million | GBX430.60 Million | GBX72.38 Billion | ▼ -15.6 pp |
| 2003 | 28.7% | GBX395.80 Million | GBX282.20 Million | GBX1.03 Billion | ▲ +4.9 pp |
| 2002 | 23.8% | GBX150.20 Million | GBX114.40 Million | GBX276.70 Million | ▲ +7.8 pp |
| 2001 | 16.0% | GBX143.97 Million | GBX120.89 Million | GBX312.11 Million | ▲ +8.5 pp |
| 2000 | 7.6% | GBX118.56 Million | GBX109.57 Million | GBX352.71 Million | — |