Apple Inc Tangible Net Worth Ratio
Apple Inc tangible net worth ratio. Apple Inc (AAPL) has a Tangible Net Worth Ratio of 100.0% as of December 2025. This metric is calculated by deducting intangible assets ($0.00) from net assets ($88.19 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 Apple Inc strategic capital allocation 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 Apple Inc (1985–2025)
Tangible net worth ratio of Apple Inc from 1985 to 2025. This chart shows how Apple Inc's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of December 2025, the ratio stands at 100.0%, reflecting net assets of $88.19 Billion with intangible assets of $0.00 USD. See Apple Inc (AAPL) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Apple Inc Tangible Net Worth Ratio by Year (1985–2025)
Apple Inc tangible net worth ratio by year from 1985 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Apple Inc from 1985 to 2025, 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. For live market cap and overall valuation, see Apple Inc stock valuation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | $73.73 Billion | $0.00 | $359.24 Billion | ▲ +0.0 pp |
| 2024 | 100.0% | $56.95 Billion | $0.00 | $364.98 Billion | ▲ +0.0 pp |
| 2023 | 100.0% | $62.15 Billion | $0.00 | $352.58 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | $50.67 Billion | $0.00 | $352.75 Billion | ▲ +0.0 pp |
| 2021 | 100.0% | $63.09 Billion | $0.00 | $351.00 Billion | ▲ +0.0 pp |
| 2020 | 100.0% | $65.34 Billion | $0.00 | $323.89 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | $90.49 Billion | $0.00 | $338.52 Billion | ▲ +0.0 pp |
| 2018 | 100.0% | $107.15 Billion | $0.00 | $365.73 Billion | ▲ +1.7 pp |
| 2017 | 98.3% | $134.05 Billion | $2.30 Billion | $375.32 Billion | ▲ +0.8 pp |
| 2016 | 97.5% | $128.25 Billion | $3.21 Billion | $321.69 Billion | ▲ +0.8 pp |
| 2015 | 96.7% | $119.36 Billion | $3.89 Billion | $290.48 Billion | ▲ +0.5 pp |
| 2014 | 96.3% | $111.55 Billion | $4.14 Billion | $231.84 Billion | ▼ -0.3 pp |
| 2013 | 96.6% | $123.55 Billion | $4.18 Billion | $207.00 Billion | ▲ +0.2 pp |
| 2012 | 96.4% | $118.21 Billion | $4.22 Billion | $176.06 Billion | ▲ +1.0 pp |
| 2011 | 95.4% | $76.61 Billion | $3.54 Billion | $116.37 Billion | ▼ -3.9 pp |
| 2010 | 99.3% | $47.79 Billion | $342.00 Million | $75.18 Billion | ▲ +0.2 pp |
| 2009 | 99.1% | $27.83 Billion | $247.00 Million | $53.85 Billion | ▲ +0.5 pp |
| 2008 | 98.6% | $21.03 Billion | $285.00 Million | $39.57 Billion | ▲ +0.7 pp |
| 2007 | 97.9% | $14.53 Billion | $299.00 Million | $25.35 Billion | ▼ -0.7 pp |
| 2006 | 98.6% | $9.98 Billion | $139.00 Million | $17.20 Billion | ▼ -1.0 pp |
| 2005 | 99.6% | $7.47 Billion | $27.00 Million | $11.55 Billion | ▼ 0.0 pp |
| 2004 | 99.7% | $5.08 Billion | $17.00 Million | $8.05 Billion | ▲ +0.2 pp |
| 2003 | 99.4% | $4.22 Billion | $24.00 Million | $6.82 Billion | ▲ +0.3 pp |
| 2002 | 99.2% | $4.09 Billion | $34.00 Million | $6.30 Billion | ▼ -0.6 pp |
| 2001 | 99.7% | $3.92 Billion | $10.00 Million | $6.02 Billion | ▼ -0.3 pp |
| 2000 | 100.0% | $4.11 Billion | $0.00 | $6.80 Billion | ▲ +0.0 pp |
| 1999 | 100.0% | $3.10 Billion | $0.00 | $5.16 Billion | ▲ +0.0 pp |
| 1998 | 100.0% | $1.64 Billion | $0.00 | $4.29 Billion | ▲ +0.0 pp |
| 1997 | 100.0% | $1.20 Billion | $0.00 | $4.23 Billion | ▲ +0.0 pp |
| 1996 | 100.0% | $2.06 Billion | $0.00 | $5.36 Billion | ▲ +0.0 pp |
| 1995 | 100.0% | $2.90 Billion | $0.00 | $6.23 Billion | ▲ +0.0 pp |
| 1994 | 100.0% | $2.38 Billion | $0.00 | $5.30 Billion | ▲ +0.0 pp |
| 1993 | 100.0% | $2.03 Billion | $0.00 | $5.17 Billion | ▲ +0.0 pp |
| 1992 | 100.0% | $2.19 Billion | $0.00 | $4.22 Billion | ▲ +0.0 pp |
| 1991 | 100.0% | $1.77 Billion | $0.00 | $3.49 Billion | ▲ +0.0 pp |
| 1990 | 100.0% | $1.45 Billion | $0.00 | $2.98 Billion | ▲ +0.0 pp |
| 1989 | 100.0% | $1.49 Billion | $0.00 | $2.74 Billion | ▲ +0.0 pp |
| 1988 | 100.0% | $1.00 Billion | $0.00 | $2.08 Billion | ▲ +0.0 pp |
| 1987 | 100.0% | $836.50 Million | $0.00 | $1.48 Billion | ▲ +0.0 pp |
| 1986 | 100.0% | $694.10 Million | $0.00 | $1.16 Billion | ▲ +0.0 pp |
| 1985 | 100.0% | $550.50 Million | $0.00 | $936.20 Million | — |