Pure Storage Inc (PSTG) — Tangible Net Worth Ratio

Latest as of October 2025: 99.3%

Pure Storage Inc (PSTG) has a Tangible Net Worth Ratio of 99.3% as of October 2025. This metric is calculated by deducting intangible assets ($9.41 Million) from net assets ($1.40 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 Pure Storage Inc shareholders equity for net asset value and shareholders' equity analysis.

Tangible NW Ratio

99.3%
Tangible equity / total equity

Net Assets (Equity)

$1.40 Billion
USD

Intangible Assets

$9.41 Million
Goodwill, patents, brand value

Total Assets

$4.22 Billion
USD

Pure Storage Inc Tangible Net Worth Ratio (2016–2025)

This chart shows how Pure Storage Inc's Tangible Net Worth Ratio has changed across 10 annual periods from 2016 to 2025. As of October 2025, the ratio stands at 99.3%, reflecting net assets of $1.40 Billion with intangible assets of $9.41 Million USD. Also explore Pure Storage Inc equity growth rate to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Pure Storage Inc (2016–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Pure Storage Inc from 2016 to 2025, covering 10 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 PSTG company net worth.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 98.5% $1.31 Billion $19.07 Million $3.96 Billion ▲ +1.1 pp
2024 97.4% $1.27 Billion $33.01 Million $3.66 Billion ▲ +2.6 pp
2023 94.8% $941.23 Million $49.22 Million $3.55 Billion ▲ +3.1 pp
2022 91.7% $754.34 Million $62.65 Million $3.14 Billion ▲ +1.9 pp
2021 89.8% $750.01 Million $76.65 Million $2.82 Billion ▼ -3.2 pp
2020 93.0% $830.12 Million $58.26 Million $2.36 Billion ▼ -4.3 pp
2019 97.3% $737.78 Million $20.12 Million $1.97 Billion ▼ -1.7 pp
2018 99.0% $497.91 Million $5.06 Million $1.08 Billion ▲ +0.4 pp
2017 98.6% $478.43 Million $6.56 Million $899.75 Million ▼ -0.1 pp
2016 98.8% $563.35 Million $6.98 Million $870.78 Million
pp = percentage points