Becton Dickinson and Company (BDX) — Tangible Net Worth Ratio

Latest as of March 2026: 65.4%

Becton Dickinson and Company (BDX) has a Tangible Net Worth Ratio of 65.4% as of March 2026. This metric is calculated by deducting intangible assets ($8.35 Billion) from net assets ($24.13 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 Becton Dickinson and Company to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

65.4%
Tangible equity / total equity

Net Assets (Equity)

$24.13 Billion
USD

Intangible Assets

$8.35 Billion
Goodwill, patents, brand value

Total Assets

$50.83 Billion
USD

Becton Dickinson and Company Tangible Net Worth Ratio (1985–2025)

This chart shows how Becton Dickinson and Company's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of March 2026, the ratio stands at 65.4%, reflecting net assets of $24.13 Billion with intangible assets of $8.35 Billion USD. See BDX days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Becton Dickinson and Company (1985–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Becton Dickinson and Company 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. For the full company profile including market capitalisation, see how much is Becton Dickinson and Company worth.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 88.2% $25.39 Billion $2.99 Billion $55.33 Billion ▲ +30.4 pp
2024 57.8% $25.89 Billion $10.92 Billion $57.29 Billion ▲ +0.3 pp
2023 57.6% $25.80 Billion $10.95 Billion $52.78 Billion ▲ +6.3 pp
2022 51.3% $25.28 Billion $12.31 Billion $52.93 Billion ▲ +5.3 pp
2021 46.0% $23.68 Billion $12.78 Billion $53.88 Billion ▲ +4.1 pp
2020 41.9% $23.77 Billion $13.81 Billion $54.01 Billion ▲ +12.7 pp
2019 29.2% $21.16 Billion $14.98 Billion $51.84 Billion ▲ +7.5 pp
2018 21.7% $20.99 Billion $16.44 Billion $53.90 Billion ▼ -32.8 pp
2017 54.5% $12.95 Billion $5.89 Billion $37.73 Billion ▲ +37.7 pp
2016 16.8% $7.63 Billion $6.35 Billion $25.59 Billion ▲ +15.2 pp
2015 1.6% $7.51 Billion $7.39 Billion $26.82 Billion ▼ -76.1 pp
2014 77.7% $5.05 Billion $1.13 Billion $12.45 Billion ▲ +1.6 pp
2013 76.1% $5.04 Billion $1.21 Billion $12.15 Billion ▲ +4.1 pp
2012 72.0% $4.14 Billion $1.16 Billion $11.36 Billion ▼ -4.9 pp
2011 76.9% $4.83 Billion $1.12 Billion $10.43 Billion ▼ -8.5 pp
2010 85.4% $5.43 Billion $793.40 Million $9.65 Billion ▼ -2.9 pp
2009 88.3% $5.14 Billion $603.87 Million $9.30 Billion ▼ -0.2 pp
2008 88.4% $4.94 Billion $571.69 Million $7.91 Billion ▲ +2.5 pp
2007 85.9% $4.36 Billion $613.46 Million $7.33 Billion ▼ -0.4 pp
2006 86.3% $3.84 Billion $525.67 Million $6.82 Billion ▲ +4.0 pp
2005 82.3% $3.22 Billion $571.61 Million $6.07 Billion ▲ +6.9 pp
2004 75.4% $3.07 Billion $755.22 Million $5.75 Billion ▼ -2.2 pp
2003 77.6% $2.90 Billion $648.50 Million $5.57 Billion ▲ +13.9 pp
2002 63.7% $2.49 Billion $902.25 Million $5.04 Billion ▼ -16.1 pp
2001 79.8% $2.33 Billion $469.33 Million $4.80 Billion ▲ +12.5 pp
2000 67.3% $1.96 Billion $639.06 Million $4.51 Billion ▲ +25.8 pp
1999 41.5% $1.77 Billion $1.03 Billion $4.44 Billion ▼ -12.3 pp
1998 53.8% $1.61 Billion $746.30 Million $3.85 Billion ▼ -22.3 pp
1997 76.0% $1.39 Billion $331.90 Million $3.08 Billion ▼ -10.7 pp
1996 86.7% $1.33 Billion $175.90 Million $2.89 Billion ▼ -0.3 pp
1995 87.0% $1.40 Billion $181.50 Million $3.00 Billion ▲ +1.7 pp
1994 85.3% $1.48 Billion $217.70 Million $3.16 Billion ▲ +0.1 pp
1993 85.2% $1.46 Billion $216.10 Million $3.09 Billion ▼ -0.8 pp
1992 86.0% $1.59 Billion $223.70 Million $3.18 Billion ▼ -3.0 pp
1991 89.0% $1.36 Billion $150.00 Million $2.78 Billion ▲ +1.6 pp
1990 87.4% $1.23 Billion $155.80 Million $2.59 Billion ▲ +13.8 pp
1989 73.5% $1.07 Billion $283.60 Million $2.27 Billion ▲ +0.2 pp
1988 73.3% $959.80 Million $255.80 Million $2.07 Billion ▲ +2.7 pp
1987 70.6% $861.30 Million $253.00 Million $1.89 Billion ▼ -10.9 pp
1986 81.6% $803.90 Million $148.20 Million $1.69 Billion ▼ -14.9 pp
1985 96.5% $681.10 Million $24.00 Million $1.24 Billion
pp = percentage points