ODP Corp (ODP) — Tangible Net Worth Ratio
ODP Corp (ODP) has a Tangible Net Worth Ratio of 94.5% as of September 2025. This metric is calculated by deducting intangible assets ($45.00 Million) from net assets ($823.00 Million) 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 ODP Corp short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
ODP Corp Tangible Net Worth Ratio (1988–2024)
This chart shows how ODP Corp's Tangible Net Worth Ratio has changed across 37 annual periods from 1988 to 2024. As of September 2025, the ratio stands at 94.5%, reflecting net assets of $823.00 Million with intangible assets of $45.00 Million USD. See ODP defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for ODP Corp (1988–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for ODP Corp from 1988 to 2024, covering 37 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 ODP market cap.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 94.1% | $807.00 Million | $48.00 Million | $3.53 Billion | ▼ -1.9 pp |
| 2023 | 95.9% | $1.10 Billion | $45.00 Million | $3.89 Billion | ▼ -0.5 pp |
| 2022 | 96.4% | $1.29 Billion | $46.00 Million | $4.15 Billion | ▲ +0.3 pp |
| 2021 | 96.2% | $1.44 Billion | $55.00 Million | $4.87 Billion | ▼ -0.8 pp |
| 2020 | 97.0% | $1.88 Billion | $57.00 Million | $5.61 Billion | ▲ +14.8 pp |
| 2019 | 82.1% | $2.17 Billion | $388.00 Million | $7.31 Billion | ▲ +2.0 pp |
| 2018 | 80.2% | $2.13 Billion | $422.00 Million | $6.17 Billion | ▲ +1.1 pp |
| 2017 | 79.0% | $2.14 Billion | $448.00 Million | $6.32 Billion | ▼ -19.2 pp |
| 2016 | 98.2% | $1.85 Billion | $33.00 Million | $5.54 Billion | ▲ +1.6 pp |
| 2015 | 96.6% | $1.60 Billion | $54.00 Million | $6.44 Billion | ▲ +1.1 pp |
| 2014 | 95.6% | $1.62 Billion | $72.00 Million | $6.84 Billion | ▲ +1.0 pp |
| 2013 | 94.5% | $2.06 Billion | $113.00 Million | $7.48 Billion | ▼ -3.9 pp |
| 2012 | 98.4% | $1.05 Billion | $16.79 Million | $4.01 Billion | ▲ +3.2 pp |
| 2011 | 95.2% | $739.28 Million | $35.22 Million | $4.25 Billion | ▼ -1.6 pp |
| 2010 | 96.9% | $695.98 Million | $21.84 Million | $4.57 Billion | ▲ +0.1 pp |
| 2009 | 96.8% | $789.24 Million | $25.33 Million | $4.89 Billion | ▼ -1.1 pp |
| 2008 | 97.9% | $1.37 Billion | $28.31 Million | $5.27 Billion | ▲ +1.4 pp |
| 2007 | 96.5% | $3.10 Billion | $107.99 Million | $7.26 Billion | ▼ -1.9 pp |
| 2006 | 98.4% | $2.63 Billion | $42.80 Million | $6.57 Billion | ▲ +30.5 pp |
| 2005 | 67.8% | $2.74 Billion | $881.18 Million | $6.10 Billion | ▲ +0.4 pp |
| 2004 | 67.4% | $3.22 Billion | $1.05 Billion | $6.77 Billion | ▲ +3.4 pp |
| 2003 | 64.1% | $2.79 Billion | $1.00 Billion | $6.15 Billion | ▼ -24.7 pp |
| 2002 | 88.8% | $2.30 Billion | $257.80 Million | $4.77 Billion | ▲ +1.9 pp |
| 2001 | 86.9% | $1.85 Billion | $242.76 Million | $4.33 Billion | ▲ +0.6 pp |
| 2000 | 86.3% | $1.60 Billion | $219.97 Million | $4.20 Billion | ▼ -1.1 pp |
| 1999 | 87.4% | $1.91 Billion | $240.20 Million | $4.28 Billion | ▼ -1.4 pp |
| 1998 | 88.8% | $2.03 Billion | $228.00 Million | $4.11 Billion | ▲ +2.7 pp |
| 1997 | 86.1% | $1.33 Billion | $184.70 Million | $2.98 Billion | ▲ +2.5 pp |
| 1996 | 83.6% | $1.16 Billion | $190.10 Million | $2.74 Billion | ▲ +3.0 pp |
| 1995 | 80.5% | $1.00 Billion | $195.30 Million | $2.53 Billion | ▲ +8.5 pp |
| 1994 | 72.0% | $715.30 Million | $200.40 Million | $1.90 Billion | ▲ +8.1 pp |
| 1993 | 63.9% | $554.70 Million | $200.50 Million | $1.46 Billion | ▼ -36.1 pp |
| 1992 | 100.0% | $382.40 Million | $0.00 | $848.40 Million | ▲ +0.0 pp |
| 1991 | 100.0% | $305.40 Million | $0.00 | $559.30 Million | ▲ +0.0 pp |
| 1990 | 100.0% | $111.20 Million | $0.00 | $275.10 Million | ▲ +0.0 pp |
| 1989 | 100.0% | $100.70 Million | $0.00 | $182.20 Million | ▲ +0.0 pp |
| 1988 | 100.0% | $28.80 Million | $0.00 | $65.20 Million | — |