Avantor Inc (AVTR) — Tangible Net Worth Ratio

Latest as of March 2026: 44.6%

Avantor Inc (AVTR) has a Tangible Net Worth Ratio of 44.6% as of March 2026. This metric is calculated by deducting intangible assets ($3.10 Billion) from net assets ($5.59 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 Avantor Inc to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

44.6%
Tangible equity / total equity

Net Assets (Equity)

$5.59 Billion
USD

Intangible Assets

$3.10 Billion
Goodwill, patents, brand value

Total Assets

$11.66 Billion
USD

Avantor Inc Tangible Net Worth Ratio (2019–2025)

This chart shows how Avantor Inc's Tangible Net Worth Ratio has changed across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at 44.6%, reflecting net assets of $5.59 Billion with intangible assets of $3.10 Billion USD. See AVTR days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Avantor Inc (2019–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Avantor Inc from 2019 to 2025, covering 7 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 Avantor Inc market capitalisation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 42.6% $5.57 Billion $3.19 Billion $11.79 Billion ▼ -1.0 pp
2024 43.6% $5.96 Billion $3.36 Billion $12.11 Billion ▲ +15.5 pp
2023 28.1% $5.25 Billion $3.78 Billion $12.97 Billion ▲ +13.3 pp
2022 14.9% $4.86 Billion $4.13 Billion $13.46 Billion ▲ +37.3 pp
2021 -22.5% $4.20 Billion $5.14 Billion $13.90 Billion ▲ +28.9 pp
2020 -51.4% $2.67 Billion $4.05 Billion $9.91 Billion ▲ +20.0 pp
2019 -71.4% $2.46 Billion $4.22 Billion $9.77 Billion
pp = percentage points