Newell Rubbermaid Inc. (NWL) — Tangible Net Worth Ratio

Latest as of December 2025: 31.7%

Newell Rubbermaid Inc. (NWL) has a Tangible Net Worth Ratio of 31.7% as of December 2025. This metric is calculated by deducting intangible assets ($1.63 Billion) from net assets ($2.39 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 NWL working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

31.7%
Tangible equity / total equity

Net Assets (Equity)

$2.39 Billion
USD

Intangible Assets

$1.63 Billion
Goodwill, patents, brand value

Total Assets

$10.71 Billion
USD

Newell Rubbermaid Inc. Tangible Net Worth Ratio (1985–2025)

This chart shows how Newell Rubbermaid Inc.'s Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of December 2025, the ratio stands at 31.7%, reflecting net assets of $2.39 Billion with intangible assets of $1.63 Billion USD. See NWL days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Newell Rubbermaid Inc. (1985–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Newell Rubbermaid 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 the full company profile including market capitalisation, see NWL market cap.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 31.7% $2.39 Billion $1.63 Billion $10.71 Billion ▲ +4.7 pp
2024 27.0% $2.75 Billion $2.01 Billion $11.00 Billion ▲ +7.0 pp
2023 20.1% $3.11 Billion $2.49 Billion $12.16 Billion ▼ -4.7 pp
2022 24.7% $3.52 Billion $2.65 Billion $13.26 Billion ▲ +5.8 pp
2021 19.0% $4.16 Billion $3.37 Billion $14.27 Billion ▲ +10.3 pp
2020 8.6% $3.90 Billion $3.56 Billion $14.70 Billion ▲ +7.0 pp
2019 1.6% $5.00 Billion $4.92 Billion $15.64 Billion ▲ +7.3 pp
2018 -5.7% $5.28 Billion $5.58 Billion $17.72 Billion ▼ -5.3 pp
2017 -0.4% $14.18 Billion $14.24 Billion $33.14 Billion ▲ +22.9 pp
2016 -23.3% $11.45 Billion $14.11 Billion $33.90 Billion ▼ -65.1 pp
2015 41.8% $1.83 Billion $1.06 Billion $7.28 Billion ▼ -10.4 pp
2014 52.2% $1.85 Billion $887.20 Million $6.70 Billion ▼ -18.2 pp
2013 70.4% $2.08 Billion $614.50 Million $6.08 Billion ▲ +3.1 pp
2012 67.3% $2.00 Billion $654.10 Million $6.22 Billion ▲ +3.3 pp
2011 64.0% $1.85 Billion $666.10 Million $6.16 Billion ▼ -1.9 pp
2010 66.0% $1.91 Billion $648.30 Million $6.41 Billion ▲ +2.2 pp
2009 63.7% $1.78 Billion $646.20 Million $6.42 Billion ▲ +3.4 pp
2008 60.3% $1.61 Billion $640.50 Million $6.79 Billion ▼ -17.4 pp
2007 77.7% $2.25 Billion $501.80 Million $6.68 Billion ▲ +1.9 pp
2006 75.7% $1.89 Billion $458.80 Million $6.31 Billion ▲ +0.2 pp
2005 75.6% $1.64 Billion $401.70 Million $6.45 Billion ▼ -7.2 pp
2004 82.8% $1.76 Billion $304.20 Million $6.67 Billion ▲ +103.5 pp
2003 -20.8% $2.02 Billion $2.44 Billion $7.48 Billion ▼ -13.8 pp
2002 -7.0% $2.06 Billion $2.21 Billion $7.39 Billion ▼ -11.8 pp
2001 4.8% $2.43 Billion $2.32 Billion $7.27 Billion ▼ -21.0 pp
2000 25.8% $2.95 Billion $2.19 Billion $7.26 Billion ▼ -10.9 pp
1999 36.7% $3.20 Billion $2.02 Billion $6.72 Billion ▲ +5.4 pp
1998 31.3% $2.41 Billion $1.66 Billion $4.33 Billion ▲ +10.5 pp
1997 20.8% $1.72 Billion $1.36 Billion $3.94 Billion ▼ -17.3 pp
1996 38.1% $1.49 Billion $922.80 Million $3.01 Billion ▲ +6.5 pp
1995 31.7% $1.30 Billion $888.20 Million $2.93 Billion ▼ -7.4 pp
1994 39.1% $1.13 Billion $685.00 Million $2.49 Billion ▼ -8.4 pp
1993 47.5% $979.10 Million $513.80 Million $1.95 Billion ▼ -14.6 pp
1992 62.2% $859.40 Million $325.20 Million $1.57 Billion ▼ -13.4 pp
1991 75.6% $606.40 Million $148.20 Million $1.04 Billion ▲ +5.1 pp
1990 70.4% $508.60 Million $150.40 Million $871.00 Million ▲ +3.2 pp
1989 67.2% $455.80 Million $149.40 Million $871.30 Million ▲ +19.9 pp
1988 47.3% $262.10 Million $138.00 Million $820.00 Million ▲ +5.5 pp
1987 41.9% $216.10 Million $125.60 Million $842.00 Million ▼ -46.9 pp
1986 88.7% $190.10 Million $21.40 Million $335.30 Million ▲ +6.6 pp
1985 82.2% $112.20 Million $20.00 Million $275.80 Million
pp = percentage points