International Consolidated Airlines Group S.A (IAG) — Tangible Net Worth Ratio

Latest as of December 2025: 54.9%

International Consolidated Airlines Group S.A (IAG) has a Tangible Net Worth Ratio of 54.9% as of December 2025. This metric is calculated by deducting intangible assets (€3.43 Billion) from net assets (€7.61 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. See what is International Consolidated Airlines Grou's book value for net asset value and shareholders' equity analysis.

Tangible NW Ratio

54.9%
Tangible equity / total equity

Net Assets (Equity)

€7.61 Billion
EUR

Intangible Assets

€3.43 Billion
Goodwill, patents, brand value

Total Assets

€42.92 Billion
EUR

International Consolidated Airlines Group S.A Tangible Net Worth Ratio (2003–2025)

This chart shows how International Consolidated Airlines Group S.A's Tangible Net Worth Ratio has changed across 22 annual periods from 2003 to 2025. As of December 2025, the ratio stands at 54.9%, reflecting net assets of €7.61 Billion with intangible assets of €3.43 Billion EUR. Also explore how fast is International Consolidated Airlines Grou growing its equity to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for International Consolidated Airlines Group S.A (2003–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for International Consolidated Airlines Group S.A from 2003 to 2025, covering 22 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 the full company profile including market capitalisation, see IAG market cap.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 54.9% €7.61 Billion €3.43 Billion €42.92 Billion ▲ +8.2 pp
2024 46.7% €6.18 Billion €3.29 Billion €43.80 Billion ▲ +55.3 pp
2023 -8.6% €3.28 Billion €3.56 Billion €37.68 Billion ▲ +50.2 pp
2022 -58.8% €2.02 Billion €3.21 Billion €39.30 Billion ▲ +183.1 pp
2021 -241.8% €846.00 Million €2.89 Billion €34.41 Billion ▼ -124.2 pp
2020 -117.6% €1.32 Billion €2.86 Billion €30.26 Billion ▼ -172.3 pp
2019 54.7% €6.83 Billion €3.09 Billion €35.66 Billion ▼ -2.9 pp
2018 57.6% €6.72 Billion €2.85 Billion €28.03 Billion ▼ -6.3 pp
2017 63.9% €7.40 Billion €2.67 Billion €27.26 Billion ▲ +11.3 pp
2016 52.5% €5.66 Billion €2.69 Billion €27.37 Billion ▲ +3.8 pp
2015 48.7% €5.53 Billion €2.84 Billion €28.23 Billion ▲ +10.9 pp
2014 37.8% €3.79 Billion €2.36 Billion €23.65 Billion ▼ -11.9 pp
2013 49.7% €4.22 Billion €2.12 Billion €20.78 Billion ▼ -12.4 pp
2012 62.1% €5.05 Billion €1.92 Billion €19.84 Billion ▼ -7.6 pp
2011 69.7% €5.69 Billion €1.72 Billion €19.75 Billion ▼ -18.4 pp
2010 88.1% €2.83 Billion €336.00 Million €12.89 Billion ▼ -11.9 pp
2008 100.0% €1.99 Billion €0.00 €11.32 Billion ▲ +0.0 pp
2007 100.0% €4.09 Billion €0.00 €14.16 Billion ▲ +0.0 pp
2006 100.0% €3.55 Billion €0.00 €16.77 Billion ▲ +0.0 pp
2005 100.0% €2.97 Billion €0.00 €17.45 Billion ▲ +0.0 pp
2004 100.0% €2.03 Billion €0.00 €16.97 Billion ▲ +0.0 pp
2003 100.0% €3.58 Billion €0.00 €18.10 Billion
pp = percentage points