Air France-KLM SA (AF) — Tangible Net Worth Ratio
Air France-KLM SA (AF) has a Tangible Net Worth Ratio of 56.2% as of June 2026. This metric is calculated by deducting intangible assets (€1.22 Billion) from net assets (€2.79 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 net asset growth rate of Air France-KLM SA to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Air France-KLM SA Tangible Net Worth Ratio (2002–2025)
This chart shows how Air France-KLM SA's Tangible Net Worth Ratio has changed across 19 annual periods from 2002 to 2025. As of June 2026, the ratio stands at 56.2%, reflecting net assets of €2.79 Billion with intangible assets of €1.22 Billion EUR. For live market cap and overall valuation, see market cap of Air France-KLM SA.
Annual Tangible Net Worth Ratio for Air France-KLM SA (2002–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Air France-KLM SA from 2002 to 2025, covering 19 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 Air France-KLM SA capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -10.7% | €1.08 Billion | €1.20 Billion | €39.45 Billion | ▲ +33.2 pp |
| 2024 | -43.9% | €799.00 Million | €1.15 Billion | €36.16 Billion | ▼ -87.2 pp |
| 2019 | 43.2% | €2.30 Billion | €1.30 Billion | €30.73 Billion | ▲ +7.3 pp |
| 2018 | 36.0% | €1.86 Billion | €1.19 Billion | €29.06 Billion | ▼ -26.8 pp |
| 2017 | 62.8% | €3.02 Billion | €1.12 Billion | €24.41 Billion | ▲ +45.0 pp |
| 2016 | 17.7% | €1.30 Billion | €1.07 Billion | €22.93 Billion | ▲ +290.6 pp |
| 2015 | -272.9% | €273.00 Million | €1.02 Billion | €23.34 Billion | ▼ -333.8 pp |
| 2013 | 60.9% | €2.29 Billion | €896.00 Million | €25.42 Billion | ▼ -22.2 pp |
| 2012 | 83.1% | €4.98 Billion | €842.00 Million | €27.47 Billion | ▼ -4.2 pp |
| 2011 | 87.3% | €6.09 Billion | €774.00 Million | €27.32 Billion | ▼ -2.6 pp |
| 2010 | 89.9% | €6.91 Billion | €695.00 Million | €28.97 Billion | ▲ +1.2 pp |
| 2009 | 88.7% | €5.42 Billion | €612.00 Million | €27.77 Billion | ▼ -1.4 pp |
| 2008 | 90.2% | €5.68 Billion | €559.00 Million | €28.77 Billion | ▼ -5.4 pp |
| 2007 | 95.5% | €10.61 Billion | €475.00 Million | €30.69 Billion | ▲ +0.6 pp |
| 2006 | 95.0% | €8.41 Billion | €424.00 Million | €26.67 Billion | ▲ +15.5 pp |
| 2005 | 79.5% | €7.85 Billion | €1.61 Billion | €26.48 Billion | ▼ -17.5 pp |
| 2004 | 97.0% | €5.23 Billion | €159.00 Million | €21.51 Billion | ▲ +0.6 pp |
| 2003 | 96.4% | €4.08 Billion | €149.00 Million | €12.96 Billion | ▲ +3.4 pp |
| 2002 | 93.0% | €4.02 Billion | €282.26 Million | €12.59 Billion | — |