Procter & Gamble Company (PG) — Tangible Net Worth Ratio
Procter & Gamble Company (PG) has a Tangible Net Worth Ratio of 59.2% as of December 2025. This metric is calculated by deducting intangible assets ($21.74 Billion) from net assets ($53.32 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 Procter & Gamble Company working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Procter & Gamble Company Tangible Net Worth Ratio (1986–2025)
This chart shows how Procter & Gamble Company's Tangible Net Worth Ratio has changed across 40 annual periods from 1986 to 2025. As of December 2025, the ratio stands at 59.2%, reflecting net assets of $53.32 Billion with intangible assets of $21.74 Billion USD. See Procter & Gamble Company (PG) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Procter & Gamble Company (1986–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Procter & Gamble Company from 1986 to 2025, covering 40 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 Procter & Gamble Company market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 58.1% | $52.28 Billion | $21.91 Billion | $125.23 Billion | ▲ +1.7 pp |
| 2024 | 56.4% | $50.56 Billion | $22.05 Billion | $122.37 Billion | ▲ +6.9 pp |
| 2023 | 49.5% | $47.06 Billion | $23.78 Billion | $120.83 Billion | ▲ +0.0 pp |
| 2022 | 49.5% | $46.85 Billion | $23.68 Billion | $117.21 Billion | ▲ +0.1 pp |
| 2021 | 49.3% | $46.65 Billion | $23.64 Billion | $119.31 Billion | ▲ +0.1 pp |
| 2020 | 49.2% | $46.88 Billion | $23.79 Billion | $120.70 Billion | ▲ +0.1 pp |
| 2019 | 49.1% | $47.58 Billion | $24.21 Billion | $115.09 Billion | ▼ -5.7 pp |
| 2018 | 54.8% | $52.88 Billion | $23.90 Billion | $118.31 Billion | ▼ -1.8 pp |
| 2017 | 56.6% | $55.78 Billion | $24.19 Billion | $120.41 Billion | ▼ -1.1 pp |
| 2016 | 57.7% | $57.98 Billion | $24.53 Billion | $127.14 Billion | ▼ -2.6 pp |
| 2015 | 60.3% | $63.05 Billion | $25.01 Billion | $129.50 Billion | ▲ +4.4 pp |
| 2014 | 55.9% | $69.98 Billion | $30.84 Billion | $144.27 Billion | ▲ +1.9 pp |
| 2013 | 54.0% | $68.71 Billion | $31.57 Billion | $139.26 Billion | ▲ +2.4 pp |
| 2012 | 51.6% | $64.03 Billion | $30.99 Billion | $132.24 Billion | ▼ -0.4 pp |
| 2011 | 52.0% | $68.00 Billion | $32.62 Billion | $138.35 Billion | ▲ +3.5 pp |
| 2010 | 48.5% | $61.44 Billion | $31.64 Billion | $128.17 Billion | ▼ 0.0 pp |
| 2009 | 48.6% | $63.38 Billion | $32.61 Billion | $134.83 Billion | ▼ -2.2 pp |
| 2008 | 50.7% | $69.49 Billion | $34.23 Billion | $143.99 Billion | ▲ +1.1 pp |
| 2007 | 49.6% | $66.76 Billion | $33.63 Billion | $138.01 Billion | ▲ +3.2 pp |
| 2006 | 46.4% | $62.91 Billion | $33.72 Billion | $135.69 Billion | ▲ +77.2 pp |
| 2005 | -30.8% | $18.48 Billion | $24.16 Billion | $61.53 Billion | ▲ +7.5 pp |
| 2004 | -38.3% | $17.28 Billion | $23.90 Billion | $57.05 Billion | ▼ -54.9 pp |
| 2003 | 16.6% | $16.19 Billion | $13.51 Billion | $43.71 Billion | ▲ +14.5 pp |
| 2002 | 2.0% | $13.71 Billion | $13.43 Billion | $40.78 Billion | ▼ -28.9 pp |
| 2001 | 30.9% | $12.01 Billion | $8.30 Billion | $34.39 Billion | ▲ +2.4 pp |
| 2000 | 28.5% | $12.29 Billion | $8.79 Billion | $34.19 Billion | ▼ -14.9 pp |
| 1999 | 43.4% | $12.06 Billion | $6.82 Billion | $32.11 Billion | ▲ +0.7 pp |
| 1998 | 42.7% | $12.24 Billion | $7.01 Billion | $30.97 Billion | ▼ -24.5 pp |
| 1997 | 67.2% | $12.05 Billion | $3.95 Billion | $27.54 Billion | ▲ +3.7 pp |
| 1996 | 63.5% | $11.72 Billion | $4.28 Billion | $27.73 Billion | ▲ +6.7 pp |
| 1995 | 56.8% | $10.59 Billion | $4.57 Billion | $28.12 Billion | ▼ -0.7 pp |
| 1994 | 57.5% | $8.83 Billion | $3.75 Billion | $25.54 Billion | ▲ +8.1 pp |
| 1993 | 49.4% | $7.44 Billion | $3.76 Billion | $24.93 Billion | ▼ -8.0 pp |
| 1992 | 57.4% | $9.07 Billion | $3.86 Billion | $24.02 Billion | ▼ -5.3 pp |
| 1991 | 62.7% | $7.74 Billion | $2.88 Billion | $20.47 Billion | ▼ -2.8 pp |
| 1990 | 65.5% | $7.52 Billion | $2.59 Billion | $18.49 Billion | ▲ +9.7 pp |
| 1989 | 55.8% | $5.21 Billion | $2.31 Billion | $16.35 Billion | ▼ -13.5 pp |
| 1988 | 69.3% | $6.34 Billion | $1.94 Billion | $14.82 Billion | ▼ -1.4 pp |
| 1987 | 70.7% | $5.74 Billion | $1.68 Billion | $13.71 Billion | ▼ -0.1 pp |
| 1986 | 70.8% | $5.70 Billion | $1.67 Billion | $13.05 Billion | — |