Thales S.A. Tangible Net Worth Ratio

Latest as of June 2025: 70.3%

Thales S.A. tangible net worth ratio. Thales S.A. (HO) has a Tangible Net Worth Ratio of 70.3% as of June 2025. This metric is calculated by deducting intangible assets (€2.13 Billion) from net assets (€7.17 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 HO year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

70.3%
Tangible equity / total equity

Net Assets (Equity)

€7.17 Billion
EUR

Intangible Assets

€2.13 Billion
Goodwill, patents, brand value

Total Assets

€38.89 Billion
EUR

Tangible Net Worth Ratio of Thales S.A. (2001–2024)

Tangible net worth ratio of Thales S.A. from 2001 to 2024. This chart shows how Thales S.A.'s Tangible Net Worth Ratio has changed across 24 annual periods from 2001 to 2024. As of June 2025, the ratio stands at 70.3%, reflecting net assets of €7.17 Billion with intangible assets of €2.13 Billion EUR. Check HO capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

Thales S.A. Tangible Net Worth Ratio by Year (2001–2024)

Thales S.A. tangible net worth ratio by year from 2001 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Thales S.A. from 2001 to 2024, covering 24 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 live market cap and overall valuation, see HO company net worth.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2024 66.5% €7.56 Billion €2.53 Billion €39.99 Billion ▼ -15.0 pp
2023 81.5% €6.97 Billion €1.29 Billion €38.79 Billion ▲ +2.7 pp
2022 78.8% €7.38 Billion €1.57 Billion €34.42 Billion ▲ +7.8 pp
2021 71.0% €6.72 Billion €1.95 Billion €32.84 Billion ▲ +14.0 pp
2020 57.0% €5.31 Billion €2.28 Billion €31.81 Billion ▲ +6.4 pp
2019 50.5% €5.68 Billion €2.81 Billion €31.22 Billion ▼ -36.5 pp
2018 87.0% €5.92 Billion €769.30 Million €25.51 Billion ▲ +2.8 pp
2017 84.2% €5.56 Billion €877.50 Million €23.33 Billion ▲ +3.9 pp
2016 80.3% €4.87 Billion €958.80 Million €22.69 Billion ▼ -2.2 pp
2015 82.5% €4.94 Billion €862.90 Million €21.56 Billion ▲ +5.8 pp
2014 76.8% €4.07 Billion €946.20 Million €19.99 Billion ▲ +5.4 pp
2013 71.3% €3.94 Billion €1.13 Billion €21.49 Billion ▼ -3.1 pp
2012 74.4% €4.59 Billion €1.17 Billion €21.33 Billion ▼ -7.6 pp
2011 82.0% €4.13 Billion €743.50 Million €21.08 Billion ▲ +4.6 pp
2010 77.4% €3.68 Billion €832.90 Million €19.02 Billion ▲ +2.0 pp
2009 75.4% €3.75 Billion €925.30 Million €18.01 Billion ▲ +3.9 pp
2008 71.4% €3.95 Billion €1.13 Billion €17.94 Billion ▲ +2.4 pp
2007 69.0% €3.88 Billion €1.20 Billion €17.70 Billion ▼ -12.1 pp
2006 81.2% €2.29 Billion €432.40 Million €15.02 Billion ▼ -2.3 pp
2005 83.4% €2.10 Billion €348.20 Million €13.89 Billion ▼ -2.6 pp
2004 86.0% €1.60 Billion €223.80 Million €13.50 Billion ▼ -4.0 pp
2003 90.0% €2.06 Billion €206.30 Million €18.35 Billion ▼ -2.0 pp
2002 92.0% €2.17 Billion €173.60 Million €18.21 Billion ▼ -1.0 pp
2001 92.9% €2.17 Billion €153.30 Million €19.35 Billion —
pp = percentage points