Axos Financial Inc (AX) — Tangible Net Worth Ratio
Axos Financial Inc (AX) has a Tangible Net Worth Ratio of 99.1% as of September 2025. This metric is calculated by deducting intangible assets ($26.24 Million) from net assets ($2.79 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 Axos Financial Inc 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
Axos Financial Inc Tangible Net Worth Ratio (2001–2025)
This chart shows how Axos Financial Inc's Tangible Net Worth Ratio has changed across 25 annual periods from 2001 to 2025. As of September 2025, the ratio stands at 99.1%, reflecting net assets of $2.79 Billion with intangible assets of $26.24 Million USD. See defensive interval ratio of Axos Financial Inc to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Axos Financial Inc (2001–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Axos Financial Inc from 2001 to 2025, covering 25 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 market value of Axos Financial Inc.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 97.6% | $2.68 Billion | $64.05 Million | $24.78 Billion | ▲ +0.8 pp |
| 2024 | 96.8% | $2.29 Billion | $73.02 Million | $22.86 Billion | ▼ -1.9 pp |
| 2023 | 98.7% | $1.92 Billion | $25.44 Million | $20.35 Billion | ▲ +3.9 pp |
| 2022 | 94.8% | $1.64 Billion | $85.94 Million | $17.46 Billion | ▼ -4.0 pp |
| 2021 | 98.7% | $1.40 Billion | $17.91 Million | $14.27 Billion | ▲ +4.0 pp |
| 2020 | 94.7% | $1.23 Billion | $64.84 Million | $13.85 Billion | ▼ -4.4 pp |
| 2019 | 99.1% | $1.07 Billion | $9.78 Million | $11.22 Billion | ▲ +3.5 pp |
| 2018 | 95.5% | $960.51 Million | $42.82 Million | $9.54 Billion | ▼ -3.6 pp |
| 2017 | 99.1% | $834.25 Million | $7.20 Million | $8.50 Billion | ▼ -0.3 pp |
| 2016 | 99.4% | $683.59 Million | $3.94 Million | $7.60 Billion | ▼ -0.2 pp |
| 2015 | 99.6% | $533.53 Million | $2.10 Million | $5.82 Billion | ▼ -0.2 pp |
| 2014 | 99.8% | $370.78 Million | $562.00K | $4.40 Billion | ▼ -0.2 pp |
| 2013 | 100.0% | $268.26 Million | $0.00 | $3.09 Billion | ▲ +0.0 pp |
| 2012 | 100.0% | $206.62 Million | $0.00 | $2.39 Billion | ▲ +0.0 pp |
| 2011 | 100.0% | $147.77 Million | $0.00 | $1.94 Billion | ▲ +0.0 pp |
| 2010 | 100.0% | $129.81 Million | $0.00 | $1.42 Billion | ▲ +0.0 pp |
| 2009 | 100.0% | $88.94 Million | $0.00 | $1.30 Billion | ▲ +0.0 pp |
| 2008 | 100.0% | $83.08 Million | $0.00 | $1.19 Billion | ▲ +0.0 pp |
| 2007 | 100.0% | $72.75 Million | $0.00 | $947.16 Million | ▲ +0.0 pp |
| 2006 | 100.0% | $70.25 Million | $0.00 | $737.84 Million | ▲ +0.0 pp |
| 2005 | 100.0% | $68.65 Million | $0.00 | $609.51 Million | ▲ +0.0 pp |
| 2004 | 100.0% | $31.76 Million | $0.00 | $405.04 Million | ▲ +0.0 pp |
| 2003 | 100.0% | $22.89 Million | $0.00 | $273.46 Million | ▲ +0.0 pp |
| 2002 | 100.0% | $19.50 Million | $0.00 | $217.61 Million | ▲ +0.0 pp |
| 2001 | 100.0% | $11.90 Million | $0.00 | $156.63 Million | — |