ELF Beauty Inc (ELF) — Tangible Net Worth Ratio

Latest as of December 2025: 51.4%

ELF Beauty Inc (ELF) has a Tangible Net Worth Ratio of 51.4% as of December 2025. This metric is calculated by deducting intangible assets ($564.24 Million) from net assets ($1.16 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 ELF Beauty Inc (ELF) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

51.4%
Tangible equity / total equity

Net Assets (Equity)

$1.16 Billion
USD

Intangible Assets

$564.24 Million
Goodwill, patents, brand value

Total Assets

$2.32 Billion
USD

ELF Beauty Inc Tangible Net Worth Ratio (2014–2025)

This chart shows how ELF Beauty Inc's Tangible Net Worth Ratio has changed across 16 annual periods from 2014 to 2025. As of December 2025, the ratio stands at 51.4%, reflecting net assets of $1.16 Billion with intangible assets of $564.24 Million USD. See ELF defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for ELF Beauty Inc (2014–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for ELF Beauty Inc from 2014 to 2025, covering 16 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 ELF Beauty Inc market cap and net worth.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 72.7% $760.86 Million $207.70 Million $1.25 Billion ▲ +7.7 pp
2024 65.0% $642.57 Million $225.09 Million $1.13 Billion ▼ -16.0 pp
2023 81.0% $411.02 Million $78.04 Million $595.60 Million ▲ +8.6 pp
2022 72.4% $312.43 Million $86.16 Million $494.63 Million ▲ +7.4 pp
2021 65.0% $269.65 Million $94.29 Million $487.39 Million ▲ +7.3 pp
2020 57.7% $242.17 Million $102.41 Million $453.10 Million ▲ +0.8 pp
2019 56.9% $229.33 Million $98.77 Million $435.86 Million ▲ +0.0 pp
2018 56.9% $229.33 Million $98.77 Million $435.86 Million ▲ +11.5 pp
2018 45.4% $193.86 Million $105.88 Million $417.24 Million ▲ +0.0 pp
2017 45.4% $193.86 Million $105.88 Million $417.24 Million ▲ +25.6 pp
2017 19.8% $140.86 Million $113.00 Million $414.73 Million ▲ +0.0 pp
2016 19.8% $140.86 Million $113.00 Million $414.73 Million ▲ +8.4 pp
2016 11.4% $136.90 Million $121.28 Million $361.07 Million ▲ +0.0 pp
2015 11.4% $136.90 Million $121.28 Million $361.07 Million ▲ +9.8 pp
2015 1.6% $131.52 Million $129.43 Million $354.18 Million ▲ +0.0 pp
2014 1.6% $131.52 Million $129.43 Million $354.18 Million
pp = percentage points