Vodafone Group PLC Tangible Net Worth Ratio
Vodafone Group PLC tangible net worth ratio. Vodafone Group PLC (VOD) has a Tangible Net Worth Ratio of 73.6% as of March 2026. This metric is calculated by deducting intangible assets (GBX14.37 Billion) from net assets (GBX54.52 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. Check asset allocation strategy of Vodafone Group PLC to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Vodafone Group PLC (1987–2026)
Tangible net worth ratio of Vodafone Group PLC from 1987 to 2026. This chart shows how Vodafone Group PLC's Tangible Net Worth Ratio has changed across 40 annual periods from 1987 to 2026. As of March 2026, the ratio stands at 73.6%, reflecting net assets of GBX54.52 Billion with intangible assets of GBX14.37 Billion GBX. See VOD working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Vodafone Group PLC Tangible Net Worth Ratio by Year (1987–2026)
Vodafone Group PLC tangible net worth ratio by year from 1987 to 2026. The table below presents the year-by-year Tangible Net Worth Ratio for Vodafone Group PLC from 1987 to 2026, covering 40 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. For live market cap and overall valuation, see Vodafone Group PLC (VOD) total market value.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 73.6% | GBX54.52 Billion | GBX14.37 Billion | GBX130.04 Billion | ▼ -2.4 pp |
| 2025 | 76.0% | GBX53.92 Billion | GBX12.92 Billion | GBX128.52 Billion | ▼ -1.2 pp |
| 2024 | 77.2% | GBX61.00 Billion | GBX13.90 Billion | GBX144.35 Billion | ▲ +7.6 pp |
| 2023 | 69.6% | GBX64.48 Billion | GBX19.59 Billion | GBX155.52 Billion | ▲ +7.0 pp |
| 2022 | 62.6% | GBX57.07 Billion | GBX21.36 Billion | GBX154.05 Billion | ▲ +0.3 pp |
| 2021 | 62.3% | GBX57.82 Billion | GBX21.82 Billion | GBX155.06 Billion | ▼ -1.6 pp |
| 2020 | 63.9% | GBX62.62 Billion | GBX22.63 Billion | GBX168.17 Billion | ▼ -8.3 pp |
| 2019 | 72.2% | GBX63.45 Billion | GBX17.65 Billion | GBX142.86 Billion | ▼ -3.7 pp |
| 2018 | 75.9% | GBX68.61 Billion | GBX16.52 Billion | GBX145.61 Billion | ▲ +2.2 pp |
| 2017 | 73.7% | GBX73.72 Billion | GBX19.41 Billion | GBX154.68 Billion | ▲ +9.3 pp |
| 2016 | 64.4% | GBX85.36 Billion | GBX30.41 Billion | GBX169.55 Billion | ▼ -4.7 pp |
| 2015 | 69.1% | GBX92.62 Billion | GBX28.65 Billion | GBX167.61 Billion | ▲ +1.6 pp |
| 2014 | 67.4% | GBX86.83 Billion | GBX28.27 Billion | GBX147.39 Billion | ▼ -2.2 pp |
| 2013 | 69.6% | GBX86.00 Billion | GBX26.13 Billion | GBX169.31 Billion | ▼ -3.3 pp |
| 2012 | 72.9% | GBX93.85 Billion | GBX25.40 Billion | GBX167.51 Billion | ▼ -0.4 pp |
| 2011 | 73.4% | GBX99.66 Billion | GBX26.54 Billion | GBX172.11 Billion | ▼ -1.9 pp |
| 2010 | 75.3% | GBX101.94 Billion | GBX25.17 Billion | GBX176.23 Billion | ▲ +0.1 pp |
| 2009 | 75.3% | GBX91.54 Billion | GBX22.65 Billion | GBX164.89 Billion | ▲ +0.1 pp |
| 2008 | 75.2% | GBX96.08 Billion | GBX23.87 Billion | GBX159.91 Billion | ▼ -1.5 pp |
| 2007 | 76.7% | GBX99.14 Billion | GBX23.14 Billion | GBX161.50 Billion | ▼ -4.0 pp |
| 2006 | 80.6% | GBX122.33 Billion | GBX23.68 Billion | GBX181.74 Billion | ▲ +66.1 pp |
| 2005 | 14.5% | GBX165.68 Billion | GBX141.62 Billion | GBX214.59 Billion | ▼ -4.0 pp |
| 2004 | 18.5% | GBX172.18 Billion | GBX140.26 Billion | GBX220.42 Billion | ▲ +0.7 pp |
| 2003 | 17.8% | GBX190.61 Billion | GBX156.63 Billion | GBX236.61 Billion | ▼ -2.8 pp |
| 2002 | 20.6% | GBX218.19 Billion | GBX173.24 Billion | GBX266.37 Billion | ▼ -5.6 pp |
| 2001 | 26.2% | GBX238.49 Billion | GBX176.09 Billion | GBX278.87 Billion | ▼ -58.2 pp |
| 2000 | 84.4% | GBX237.32 Billion | GBX37.02 Billion | GBX255.67 Billion | ▲ +20.0 pp |
| 1999 | 64.4% | GBX1.38 Billion | GBX492.71 Million | GBX5.45 Billion | ▲ +0.6 pp |
| 1998 | 63.7% | GBX589.34 Million | GBX213.68 Million | GBX3.89 Billion | ▼ -18.5 pp |
| 1997 | 82.2% | GBX1.17 Billion | GBX208.11 Million | GBX3.42 Billion | ▼ -9.1 pp |
| 1996 | 91.3% | GBX1.24 Billion | GBX108.50 Million | GBX2.14 Billion | ▲ +25.6 pp |
| 1995 | 65.6% | GBX997.80 Million | GBX342.78 Million | GBX1.72 Billion | ▼ -6.5 pp |
| 1994 | 72.1% | GBX899.69 Million | GBX250.93 Million | GBX1.36 Billion | ▼ -3.2 pp |
| 1993 | 75.3% | GBX742.57 Million | GBX183.62 Million | GBX1.08 Billion | ▼ -6.0 pp |
| 1992 | 81.3% | GBX632.25 Million | GBX118.42 Million | GBX918.56 Million | ▲ +1.2 pp |
| 1991 | 80.1% | GBX603.35 Million | GBX120.08 Million | GBX888.38 Million | ▲ +3.3 pp |
| 1990 | 76.8% | GBX366.80 Million | GBX84.94 Million | GBX617.98 Million | ▼ -2.7 pp |
| 1989 | 79.6% | GBX277.09 Million | GBX56.60 Million | GBX447.45 Million | ▲ +73.2 pp |
| 1988 | 6.4% | GBX47.67 Million | GBX44.61 Million | GBX306.06 Million | ▲ +31.4 pp |
| 1987 | -24.9% | GBX32.83 Million | GBX41.01 Million | GBX287.26 Million | — |