Kering SA (KER) — Tangible Net Worth Ratio
Kering SA (KER) has a Tangible Net Worth Ratio of 48.7% as of December 2025. This metric is calculated by deducting intangible assets (€7.96 Billion) from net assets (€15.52 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 net assets of Kering SA for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Kering SA Tangible Net Worth Ratio (2003–2025)
This chart shows how Kering SA's Tangible Net Worth Ratio has changed across 23 annual periods from 2003 to 2025. As of December 2025, the ratio stands at 48.7%, reflecting net assets of €15.52 Billion with intangible assets of €7.96 Billion EUR. Also explore Kering SA (KER) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Kering SA (2003–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Kering SA from 2003 to 2025, covering 23 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 KER stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 48.7% | €15.52 Billion | €7.96 Billion | €41.18 Billion | ▲ +7.7 pp |
| 2024 | 41.0% | €15.73 Billion | €9.29 Billion | €43.35 Billion | ▼ -8.0 pp |
| 2023 | 48.9% | €16.01 Billion | €8.18 Billion | €41.37 Billion | ▼ -0.5 pp |
| 2022 | 49.4% | €14.78 Billion | €7.48 Billion | €33.94 Billion | ▲ +1.4 pp |
| 2021 | 48.0% | €13.74 Billion | €7.14 Billion | €31.07 Billion | ▲ +7.0 pp |
| 2020 | 41.0% | €12.04 Billion | €7.10 Billion | €28.01 Billion | ▲ +10.5 pp |
| 2019 | 30.4% | €10.44 Billion | €7.26 Billion | €27.15 Billion | ▲ +3.9 pp |
| 2018 | 26.5% | €10.06 Billion | €7.39 Billion | €21.37 Billion | ▲ +14.9 pp |
| 2017 | 11.6% | €12.63 Billion | €11.16 Billion | €25.58 Billion | ▲ +5.8 pp |
| 2016 | 5.8% | €11.96 Billion | €11.27 Billion | €24.14 Billion | ▲ +2.9 pp |
| 2015 | 2.9% | €11.62 Billion | €11.29 Billion | €23.85 Billion | ▼ -1.7 pp |
| 2014 | 4.6% | €11.26 Billion | €10.75 Billion | €23.25 Billion | ▲ +0.2 pp |
| 2013 | 4.4% | €11.20 Billion | €10.70 Billion | €22.81 Billion | ▼ -9.0 pp |
| 2012 | 13.4% | €12.12 Billion | €10.49 Billion | €25.26 Billion | ▲ +1.4 pp |
| 2011 | 12.1% | €11.75 Billion | €10.33 Billion | €24.95 Billion | ▼ -0.4 pp |
| 2010 | 12.5% | €11.65 Billion | €10.20 Billion | €24.69 Billion | ▲ +4.0 pp |
| 2009 | 8.4% | €11.05 Billion | €10.12 Billion | €24.46 Billion | ▲ +3.6 pp |
| 2008 | 4.8% | €10.69 Billion | €10.17 Billion | €27.03 Billion | ▼ -0.1 pp |
| 2007 | 4.9% | €10.66 Billion | €10.14 Billion | €28.21 Billion | ▼ -22.7 pp |
| 2006 | 27.6% | €9.12 Billion | €6.60 Billion | €22.39 Billion | ▲ +8.8 pp |
| 2005 | 18.8% | €8.13 Billion | €6.61 Billion | €23.00 Billion | ▲ +23.4 pp |
| 2004 | -4.6% | €7.86 Billion | €8.22 Billion | €22.95 Billion | ▼ -22.3 pp |
| 2003 | 17.7% | €8.63 Billion | €7.10 Billion | €24.64 Billion | — |