WaFd, Inc. (WAFD) — Tangible Net Worth Ratio

Latest as of March 2026: 99.1%

WaFd, Inc. (WAFD) has a Tangible Net Worth Ratio of 99.1% as of March 2026. This metric is calculated by deducting intangible assets ($27.06 Million) from net assets ($2.98 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 working capital position of WaFd, Inc. to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

99.1%
Tangible equity / total equity

Net Assets (Equity)

$2.98 Billion
USD

Intangible Assets

$27.06 Million
Goodwill, patents, brand value

Total Assets

$27.57 Billion
USD

WaFd, Inc. Tangible Net Worth Ratio (1989–2025)

This chart shows how WaFd, Inc.'s Tangible Net Worth Ratio has changed across 37 annual periods from 1989 to 2025. As of March 2026, the ratio stands at 99.1%, reflecting net assets of $2.98 Billion with intangible assets of $27.06 Million USD. See defensive interval ratio of WaFd, Inc. to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for WaFd, Inc. (1989–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for WaFd, Inc. from 1989 to 2025, 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 WAFD stock market capitalisation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 99.1% $3.04 Billion $27.37 Million $26.70 Billion ▲ +0.3 pp
2024 98.8% $3.00 Billion $37.06 Million $28.06 Billion ▼ -1.0 pp
2023 99.8% $2.43 Billion $5.87 Million $22.47 Billion ▲ +0.0 pp
2022 99.8% $2.27 Billion $5.55 Million $20.77 Billion ▲ +0.1 pp
2021 99.7% $2.13 Billion $6.56 Million $19.65 Billion ▲ +0.0 pp
2020 99.6% $2.01 Billion $7.20 Million $18.79 Billion ▲ +0.0 pp
2019 99.6% $2.03 Billion $7.88 Million $16.47 Billion ▲ +0.1 pp
2018 99.5% $2.00 Billion $9.92 Million $15.87 Billion ▼ -0.2 pp
2017 99.7% $2.01 Billion $5.53 Million $15.25 Billion ▲ +0.0 pp
2016 99.7% $1.98 Billion $5.49 Million $14.89 Billion ▲ +0.1 pp
2015 99.6% $1.96 Billion $7.86 Million $14.57 Billion ▲ +0.2 pp
2014 99.4% $1.98 Billion $11.41 Million $14.76 Billion ▼ -0.4 pp
2013 99.8% $1.94 Billion $4.04 Million $13.08 Billion ▲ +0.0 pp
2012 99.8% $1.90 Billion $4.42 Million $12.47 Billion ▲ +0.0 pp
2011 99.8% $1.91 Billion $4.62 Million $13.44 Billion ▲ +13.8 pp
2010 86.0% $1.84 Billion $257.72 Million $13.49 Billion ▼ -13.7 pp
2009 99.7% $1.75 Billion $5.14 Million $12.58 Billion ▲ +0.3 pp
2008 99.4% $1.33 Billion $8.51 Million $11.80 Billion ▼ -0.3 pp
2007 99.6% $1.32 Billion $4.84 Million $10.29 Billion ▼ -0.2 pp
2006 99.9% $1.26 Billion $1.77 Million $9.07 Billion ▲ +0.1 pp
2005 99.8% $1.19 Billion $2.77 Million $8.23 Billion ▲ +0.1 pp
2004 99.6% $1.12 Billion $3.97 Million $7.17 Billion ▲ +2.4 pp
2003 97.2% $1.06 Billion $29.49 Million $7.54 Billion ▲ +0.9 pp
2002 96.3% $960.72 Million $35.70 Million $7.39 Billion ▲ +1.8 pp
2001 94.5% $874.01 Million $48.28 Million $7.03 Billion ▼ -0.2 pp
2000 94.6% $759.16 Million $40.70 Million $6.72 Billion ▼ -0.5 pp
1999 95.1% $750.02 Million $36.50 Million $6.16 Billion ▼ -0.3 pp
1998 95.4% $767.20 Million $35.20 Million $5.64 Billion ▲ +0.5 pp
1997 94.9% $717.70 Million $36.40 Million $5.72 Billion ▲ +0.9 pp
1996 94.0% $577.70 Million $34.60 Million $5.12 Billion ▼ -0.5 pp
1995 94.5% $575.90 Million $31.40 Million $4.58 Billion ▼ -0.6 pp
1994 95.2% $546.80 Million $26.50 Million $3.83 Billion ▼ -0.1 pp
1993 95.3% $486.20 Million $22.90 Million $3.16 Billion ▲ +0.9 pp
1992 94.4% $424.10 Million $23.90 Million $2.79 Billion ▲ +1.5 pp
1991 92.8% $368.40 Million $26.40 Million $2.79 Billion ▲ +1.2 pp
1990 91.6% $320.20 Million $26.80 Million $2.65 Billion ▼ 0.0 pp
1989 91.6% $277.30 Million $23.20 Million $2.44 Billion
pp = percentage points