Biogen Inc (BIIB) — Tangible Net Worth Ratio

Latest as of June 2026: 28.3%

Biogen Inc (BIIB) has a Tangible Net Worth Ratio of 28.3% as of June 2026. This metric is calculated by deducting intangible assets ($13.52 Billion) from net assets ($18.85 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 Biogen Inc net asset momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

28.3%
Tangible equity / total equity

Net Assets (Equity)

$18.85 Billion
USD

Intangible Assets

$13.52 Billion
Goodwill, patents, brand value

Total Assets

$32.09 Billion
USD

Biogen Inc Tangible Net Worth Ratio (1985–2025)

This chart shows how Biogen Inc's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of June 2026, the ratio stands at 28.3%, reflecting net assets of $18.85 Billion with intangible assets of $13.52 Billion USD. For live market cap and overall valuation, see Biogen Inc (BIIB) market capitalisation.

Annual Tangible Net Worth Ratio for Biogen Inc (1985–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Biogen 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. Explore how much does Biogen Inc reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 49.7% $18.26 Billion $9.18 Billion $29.44 Billion ▲ +7.7 pp
2024 42.0% $16.72 Billion $9.69 Billion $28.05 Billion ▼ -1.5 pp
2023 43.5% $14.80 Billion $8.36 Billion $26.84 Billion ▼ -42.7 pp
2022 86.2% $13.39 Billion $1.85 Billion $24.55 Billion ▲ +6.4 pp
2021 79.7% $10.96 Billion $2.22 Billion $23.88 Billion ▲ +8.6 pp
2020 71.1% $10.69 Billion $3.08 Billion $24.62 Billion ▼ -2.4 pp
2019 73.6% $13.34 Billion $3.53 Billion $27.23 Billion ▼ -2.5 pp
2018 76.1% $13.03 Billion $3.12 Billion $25.29 Billion ▲ +6.9 pp
2017 69.2% $12.60 Billion $3.88 Billion $23.65 Billion ▲ +0.6 pp
2016 68.6% $12.13 Billion $3.81 Billion $22.88 Billion ▲ +12.2 pp
2015 56.4% $9.37 Billion $4.09 Billion $19.50 Billion ▼ -6.3 pp
2014 62.7% $10.81 Billion $4.03 Billion $14.32 Billion ▲ +14.7 pp
2013 48.1% $8.62 Billion $4.47 Billion $11.86 Billion ▼ -28.5 pp
2012 76.6% $6.96 Billion $1.63 Billion $10.13 Billion ▲ +1.6 pp
2011 75.0% $6.43 Billion $1.61 Billion $9.05 Billion ▲ +7.5 pp
2010 67.5% $5.45 Billion $1.77 Billion $8.09 Billion ▼ -2.7 pp
2009 70.1% $6.26 Billion $1.87 Billion $8.55 Billion ▲ +7.3 pp
2008 62.8% $5.81 Billion $2.16 Billion $8.48 Billion ▲ +7.8 pp
2007 55.0% $5.53 Billion $2.49 Billion $8.63 Billion ▼ -6.6 pp
2006 61.6% $7.15 Billion $2.75 Billion $8.55 Billion ▲ +4.7 pp
2005 56.9% $6.91 Billion $2.98 Billion $8.37 Billion ▲ +5.1 pp
2004 51.8% $6.83 Billion $3.29 Billion $9.17 Billion ▲ +3.4 pp
2003 48.4% $7.05 Billion $3.64 Billion $9.50 Billion ▼ -50.6 pp
2002 99.0% $1.60 Billion $15.99 Million $2.01 Billion ▲ +0.2 pp
2001 98.8% $1.35 Billion $16.56 Million $1.72 Billion ▼ 0.0 pp
2000 98.8% $1.11 Billion $13.51 Million $1.43 Billion ▲ +0.2 pp
1999 98.6% $979.53 Million $13.87 Million $1.28 Billion ▲ +0.8 pp
1998 97.8% $718.61 Million $15.87 Million $924.72 Million ▲ +0.6 pp
1997 97.2% $536.29 Million $14.94 Million $813.83 Million ▼ -0.6 pp
1996 97.8% $484.37 Million $10.46 Million $634.57 Million ▼ -0.1 pp
1995 97.9% $382.98 Million $7.99 Million $469.20 Million ▲ +0.4 pp
1994 97.5% $329.93 Million $8.12 Million $377.86 Million ▼ -0.2 pp
1993 97.8% $325.20 Million $7.20 Million $357.00 Million ▲ +0.1 pp
1992 97.7% $285.00 Million $6.50 Million $311.20 Million ▲ +0.8 pp
1991 96.9% $239.00 Million $7.30 Million $253.10 Million ▲ +1.3 pp
1990 95.7% $145.70 Million $6.30 Million $158.50 Million ▼ -1.1 pp
1989 96.8% $139.20 Million $4.50 Million $145.20 Million ▲ +2.4 pp
1988 94.4% $68.00 Million $3.80 Million $80.90 Million ▼ -0.6 pp
1987 95.0% $67.90 Million $3.40 Million $80.70 Million ▼ -1.5 pp
1986 96.5% $89.30 Million $3.10 Million $100.90 Million ▼ -0.3 pp
1985 96.8% $74.90 Million $2.40 Million $85.80 Million
pp = percentage points