Bread Financial Holdings, Inc. (BFH) — Tangible Net Worth Ratio
Bread Financial Holdings, Inc. (BFH) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets ($0.00) from net assets ($3.33 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. Also explore BFH net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Bread Financial Holdings, Inc. Tangible Net Worth Ratio (1998–2025)
This chart shows how Bread Financial Holdings, Inc.'s Tangible Net Worth Ratio has changed across 28 annual periods from 1998 to 2025. As of March 2026, the ratio stands at 100.0%, reflecting net assets of $3.33 Billion with intangible assets of $0.00 USD. For live market cap and overall valuation, see BFH stock market capitalisation.
Annual Tangible Net Worth Ratio for Bread Financial Holdings, Inc. (1998–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Bread Financial Holdings, Inc. from 1998 to 2025, covering 28 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 Bread Financial Holdings, Inc. capital spending ratio 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 | 97.5% | $3.33 Billion | $82.00 Million | $22.66 Billion | ▲ +1.2 pp |
| 2024 | 96.3% | $3.05 Billion | $112.00 Million | $22.89 Billion | ▲ +0.7 pp |
| 2023 | 95.6% | $2.92 Billion | $128.00 Million | $23.14 Billion | ▲ +2.9 pp |
| 2022 | 92.7% | $2.27 Billion | $165.00 Million | $25.41 Billion | ▼ -4.7 pp |
| 2021 | 97.5% | $2.09 Billion | $53.00 Million | $21.75 Billion | ▲ +2.8 pp |
| 2020 | 94.6% | $1.52 Billion | $81.70 Million | $22.55 Billion | ▲ +4.1 pp |
| 2019 | 90.5% | $1.62 Billion | $153.30 Million | $26.49 Billion | ▼ -0.1 pp |
| 2018 | 90.7% | $2.33 Billion | $217.40 Million | $30.39 Billion | ▲ +33.8 pp |
| 2017 | 56.8% | $1.86 Billion | $800.60 Million | $30.68 Billion | ▲ +17.4 pp |
| 2016 | 39.5% | $1.66 Billion | $1.00 Billion | $25.51 Billion | ▼ -5.2 pp |
| 2015 | 44.7% | $2.18 Billion | $1.20 Billion | $22.35 Billion | ▲ +2.3 pp |
| 2014 | 42.4% | $2.63 Billion | $1.52 Billion | $20.26 Billion | ▼ -3.8 pp |
| 2013 | 46.2% | $855.76 Million | $460.40 Million | $13.24 Billion | ▲ +56.5 pp |
| 2012 | -10.3% | $528.49 Million | $582.87 Million | $12.00 Billion | ▲ +107.7 pp |
| 2011 | -118.0% | $175.97 Million | $383.65 Million | $8.98 Billion | ▲ +1143.3 pp |
| 2010 | -1261.4% | $23.09 Million | $314.39 Million | $8.27 Billion | ▼ -1245.3 pp |
| 2009 | -16.1% | $272.78 Million | $316.60 Million | $5.23 Billion | ▼ -61.7 pp |
| 2008 | 45.6% | $547.30 Million | $297.78 Million | $4.34 Billion | ▼ -25.7 pp |
| 2007 | 71.3% | $1.20 Billion | $343.40 Million | $4.16 Billion | ▼ -4.1 pp |
| 2006 | 75.4% | $1.07 Billion | $263.93 Million | $3.40 Billion | ▲ +4.1 pp |
| 2005 | 71.2% | $921.11 Million | $265.00 Million | $2.93 Billion | ▲ +79.5 pp |
| 2004 | -8.3% | $870.52 Million | $942.92 Million | $2.24 Billion | ▼ -18.9 pp |
| 2003 | 10.6% | $702.33 Million | $628.15 Million | $1.87 Billion | ▲ +3.7 pp |
| 2002 | 6.9% | $542.56 Million | $505.12 Million | $1.45 Billion | ▲ +4.2 pp |
| 2001 | 2.7% | $505.73 Million | $492.00 Million | $1.48 Billion | ▲ +25.4 pp |
| 2000 | -22.7% | $362.39 Million | $444.55 Million | $1.42 Billion | ▼ -122.7 pp |
| 1999 | 100.0% | $260.07 Million | $0.00 | $1.30 Billion | ▲ +0.0 pp |
| 1998 | 100.0% | $294.81 Million | $0.00 | $1.09 Billion | — |