Xerox Corp (XRX) — Tangible Net Worth Ratio

Latest as of June 2026: -54.7%

Xerox Corp (XRX) has a Tangible Net Worth Ratio of -54.7% as of June 2026. This metric is calculated by deducting intangible assets ($857.00 Million) from net assets ($554.00 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. Also explore net asset momentum of Xerox Corp to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

-54.7%
Tangible equity / total equity

Net Assets (Equity)

$554.00 Million
USD

Intangible Assets

$857.00 Million
Goodwill, patents, brand value

Total Assets

$9.72 Billion
USD

Xerox Corp Tangible Net Worth Ratio (1985–2025)

This chart shows how Xerox Corp's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of June 2026, the ratio stands at -54.7%, reflecting net assets of $554.00 Million with intangible assets of $857.00 Million USD. For live market cap and overall valuation, see market cap of Xerox Corp.

Annual Tangible Net Worth Ratio for Xerox Corp (1985–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Xerox Corp 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 Xerox Corp 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 -36.8% $673.00 Million $921.00 Million $9.82 Billion ▼ -114.2 pp
2024 77.3% $1.30 Billion $296.00 Million $8.37 Billion ▼ -13.9 pp
2023 91.2% $2.77 Billion $245.00 Million $10.01 Billion ▼ -0.4 pp
2022 91.5% $3.58 Billion $303.00 Million $11.54 Billion ▼ -1.0 pp
2021 92.6% $4.45 Billion $331.00 Million $13.22 Billion ▼ -1.3 pp
2020 93.9% $5.81 Billion $355.00 Million $14.74 Billion ▼ -2.7 pp
2019 96.6% $5.82 Billion $199.00 Million $15.06 Billion ▲ +0.8 pp
2018 95.8% $5.25 Billion $220.00 Million $14.87 Billion ▲ +0.7 pp
2017 95.1% $5.51 Billion $268.00 Million $15.95 Billion ▲ +0.9 pp
2016 94.3% $5.05 Billion $290.00 Million $18.14 Billion ▲ +12.9 pp
2015 81.4% $9.48 Billion $1.76 Billion $24.80 Billion ▼ -0.3 pp
2014 81.6% $11.06 Billion $2.03 Billion $27.66 Billion ▲ +1.2 pp
2013 80.4% $12.77 Billion $2.50 Billion $29.04 Billion ▲ +3.6 pp
2012 76.8% $12.01 Billion $2.78 Billion $30.02 Billion ▲ +2.1 pp
2011 74.7% $12.03 Billion $3.04 Billion $30.12 Billion ▲ +7.5 pp
2010 67.2% $12.16 Billion $3.98 Billion $30.60 Billion ▼ -24.4 pp
2009 91.7% $7.19 Billion $598.00 Million $24.03 Billion ▲ +1.5 pp
2008 90.2% $6.24 Billion $610.00 Million $22.45 Billion ▲ +0.5 pp
2007 89.7% $8.69 Billion $891.00 Million $23.54 Billion ▼ -6.2 pp
2006 96.0% $7.08 Billion $286.00 Million $21.71 Billion ▲ +23.2 pp
2005 72.8% $7.21 Billion $1.96 Billion $21.95 Billion ▲ +2.9 pp
2004 69.9% $7.13 Billion $2.15 Billion $24.88 Billion ▲ +13.7 pp
2003 56.3% $4.68 Billion $2.05 Billion $24.59 Billion ▲ +34.0 pp
2002 22.2% $2.47 Billion $1.92 Billion $25.46 Billion ▲ +158.3 pp
2001 -136.1% $2.50 Billion $5.90 Billion $27.69 Billion ▼ -127.7 pp
2000 -8.4% $4.28 Billion $4.64 Billion $29.48 Billion ▼ -81.2 pp
1999 72.8% $6.34 Billion $1.72 Billion $28.81 Billion ▲ +3.4 pp
1998 69.5% $5.67 Billion $1.73 Billion $30.02 Billion ▼ -6.9 pp
1997 76.4% $5.82 Billion $1.38 Billion $27.73 Billion ▼ -13.1 pp
1996 89.5% $5.93 Billion $623.00 Million $26.82 Billion ▲ +1.1 pp
1995 88.4% $5.39 Billion $627.00 Million $25.97 Billion ▼ -6.9 pp
1994 95.3% $6.03 Billion $284.00 Million $38.59 Billion ▲ +0.2 pp
1993 95.1% $5.88 Billion $291.00 Million $38.75 Billion ▲ +2.4 pp
1992 92.7% $5.83 Billion $427.00 Million $34.05 Billion ▲ +6.8 pp
1991 85.9% $7.04 Billion $991.00 Million $31.66 Billion ▲ +0.7 pp
1990 85.3% $6.96 Billion $1.03 Billion $31.50 Billion ▲ +1.7 pp
1989 83.6% $6.83 Billion $1.12 Billion $30.09 Billion ▼ -16.4 pp
1988 100.0% $5.37 Billion $0.00 $26.44 Billion ▲ +0.0 pp
1987 100.0% $5.11 Billion $0.00 $11.60 Billion ▲ +0.0 pp
1986 100.0% $4.69 Billion $0.00 $10.61 Billion ▲ +0.0 pp
1985 100.0% $4.39 Billion $0.00 $9.82 Billion
pp = percentage points