Brandywine Realty Trust (BDN) — Tangible Net Worth Ratio
Brandywine Realty Trust (BDN) has a Tangible Net Worth Ratio of 86.5% as of March 2026. This metric is calculated by deducting intangible assets ($99.74 Million) from net assets ($739.19 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 Brandywine Realty Trust current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Brandywine Realty Trust Tangible Net Worth Ratio (1986–2025)
This chart shows how Brandywine Realty Trust's Tangible Net Worth Ratio has changed across 36 annual periods from 1986 to 2025. As of March 2026, the ratio stands at 86.5%, reflecting net assets of $739.19 Million with intangible assets of $99.74 Million USD. See BDN days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Brandywine Realty Trust (1986–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Brandywine Realty Trust from 1986 to 2025, covering 36 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 BDN market cap.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 97.2% | $797.85 Million | $22.43 Million | $3.59 Billion | ▼ -2.3 pp |
| 2024 | 99.5% | $1.04 Billion | $5.50 Million | $3.49 Billion | ▲ +2.2 pp |
| 2023 | 97.3% | $1.32 Billion | $35.46 Million | $3.73 Billion | ▲ +0.6 pp |
| 2022 | 96.7% | $1.63 Billion | $54.03 Million | $3.87 Billion | ▲ +0.0 pp |
| 2021 | 96.7% | $1.70 Billion | $56.32 Million | $3.85 Billion | ▲ +1.6 pp |
| 2020 | 95.1% | $1.80 Billion | $87.75 Million | $3.90 Billion | ▲ +2.5 pp |
| 2019 | 92.6% | $1.69 Billion | $124.44 Million | $4.07 Billion | ▲ +2.4 pp |
| 2018 | 90.2% | $1.76 Billion | $171.35 Million | $5.66 Billion | ▼ -6.2 pp |
| 2017 | 96.5% | $1.85 Billion | $64.97 Million | $4.00 Billion | ▲ +0.3 pp |
| 2016 | 96.2% | $1.88 Billion | $72.48 Million | $4.10 Billion | ▲ +1.9 pp |
| 2015 | 94.3% | $1.95 Billion | $111.62 Million | $4.55 Billion | ▼ -1.1 pp |
| 2014 | 95.4% | $2.16 Billion | $99.40 Million | $4.86 Billion | ▲ +2.3 pp |
| 2013 | 93.1% | $1.92 Billion | $132.33 Million | $4.77 Billion | ▼ -2.9 pp |
| 2012 | 96.0% | $1.77 Billion | $70.62 Million | $4.51 Billion | ▼ -0.3 pp |
| 2011 | 96.3% | $1.89 Billion | $70.52 Million | $4.56 Billion | ▲ +1.2 pp |
| 2010 | 95.1% | $1.98 Billion | $97.46 Million | $4.69 Billion | ▲ +0.5 pp |
| 2009 | 94.5% | $1.92 Billion | $105.16 Million | $4.66 Billion | ▲ +3.1 pp |
| 2008 | 91.5% | $1.71 Billion | $145.76 Million | $4.74 Billion | ▲ +3.4 pp |
| 2007 | 88.1% | $1.83 Billion | $218.15 Million | $5.21 Billion | ▲ +2.0 pp |
| 2006 | 86.1% | $2.02 Billion | $281.25 Million | $5.51 Billion | ▼ -7.1 pp |
| 2005 | 93.2% | $1.14 Billion | $78.10 Million | $2.81 Billion | ▲ +1.7 pp |
| 2004 | 91.5% | $1.19 Billion | $101.06 Million | $2.63 Billion | ▼ -7.7 pp |
| 2003 | 99.2% | $905.35 Million | $7.43 Million | $1.86 Billion | ▼ -0.6 pp |
| 2002 | 99.8% | $821.50 Million | $1.57 Million | $1.92 Billion | ▼ -0.2 pp |
| 2001 | 100.0% | $851.99 Million | $0.00 | $1.96 Billion | ▲ +0.0 pp |
| 2000 | 100.0% | $901.48 Million | $0.00 | $1.83 Billion | ▲ +0.0 pp |
| 1999 | 100.0% | $839.99 Million | $0.00 | $1.83 Billion | ▲ +0.0 pp |
| 1998 | 100.0% | $833.35 Million | $0.00 | $1.91 Billion | ▲ +0.0 pp |
| 1997 | 100.0% | $439.90 Million | $0.00 | $621.48 Million | ▲ +0.0 pp |
| 1996 | 100.0% | $108.32 Million | $0.00 | $178.33 Million | ▲ +0.0 pp |
| 1995 | 100.0% | $7.34 Million | $0.00 | $17.11 Million | ▲ +0.0 pp |
| 1994 | 100.0% | $9.20 Million | $0.00 | $17.90 Million | ▲ +0.0 pp |
| 1993 | 100.0% | $4.50 Million | $0.00 | $4.60 Million | ▲ +0.0 pp |
| 1989 | 100.0% | $10.80 Million | $0.00 | $10.90 Million | ▲ +0.0 pp |
| 1987 | 100.0% | $17.10 Million | $0.00 | $17.20 Million | ▲ +0.0 pp |
| 1986 | 100.0% | $16.80 Million | $0.00 | $17.30 Million | — |