Birkenstock Holding plc (BIRK) — Tangible Net Worth Ratio

Latest as of December 2025: 43.4%

Birkenstock Holding plc (BIRK) has a Tangible Net Worth Ratio of 43.4% as of December 2025. This metric is calculated by deducting intangible assets ($1.57 Billion) from net assets ($2.77 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 BIRK net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

43.4%
Tangible equity / total equity

Net Assets (Equity)

$2.77 Billion
USD

Intangible Assets

$1.57 Billion
Goodwill, patents, brand value

Total Assets

$4.95 Billion
USD

Birkenstock Holding plc Tangible Net Worth Ratio (2020–2025)

This chart shows how Birkenstock Holding plc's Tangible Net Worth Ratio has changed across 6 annual periods from 2020 to 2025. As of December 2025, the ratio stands at 43.4%, reflecting net assets of $2.77 Billion with intangible assets of $1.57 Billion USD. See BIRK defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Birkenstock Holding plc (2020–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Birkenstock Holding plc from 2020 to 2025, covering 6 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 Birkenstock Holding plc market capitalisation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 42.1% $2.72 Billion $1.58 Billion $4.94 Billion ▲ +4.5 pp
2024 37.5% $2.63 Billion $1.64 Billion $4.88 Billion ▲ +8.6 pp
2023 28.9% $2.40 Billion $1.71 Billion $4.83 Billion ▲ +5.9 pp
2022 23.0% $2.36 Billion $1.82 Billion $4.79 Billion ▲ +4.7 pp
2021 18.3% $2.06 Billion $1.69 Billion $4.27 Billion ▼ -36.9 pp
2020 55.2% $408.16 Million $182.85 Million $803.56 Million
pp = percentage points