Rexel S.A (RXL) — Tangible Net Worth Ratio

Latest as of December 2025: 69.3%

Rexel S.A (RXL) has a Tangible Net Worth Ratio of 69.3% as of December 2025. This metric is calculated by deducting intangible assets (€1.66 Billion) from net assets (€5.41 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 RXL net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

69.3%
Tangible equity / total equity

Net Assets (Equity)

€5.41 Billion
EUR

Intangible Assets

€1.66 Billion
Goodwill, patents, brand value

Total Assets

€14.37 Billion
EUR

Rexel S.A Tangible Net Worth Ratio (2000–2025)

This chart shows how Rexel S.A's Tangible Net Worth Ratio has changed across 26 annual periods from 2000 to 2025. As of December 2025, the ratio stands at 69.3%, reflecting net assets of €5.41 Billion with intangible assets of €1.66 Billion EUR. See RXL cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Rexel S.A (2000–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Rexel S.A from 2000 to 2025, covering 26 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 how much is Rexel S.A worth.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 69.3% €5.41 Billion €1.66 Billion €14.37 Billion ▼ -0.6 pp
2024 69.9% €5.57 Billion €1.68 Billion €14.41 Billion ▼ -3.3 pp
2023 73.2% €5.53 Billion €1.48 Billion €13.65 Billion ▼ -4.7 pp
2022 77.9% €5.28 Billion €1.17 Billion €12.91 Billion ▲ +3.3 pp
2021 74.6% €4.56 Billion €1.16 Billion €11.55 Billion ▲ +0.9 pp
2020 73.7% €3.79 Billion €997.50 Million €9.96 Billion ▼ -2.0 pp
2019 75.7% €4.24 Billion €1.03 Billion €11.07 Billion ▲ +0.3 pp
2018 75.5% €4.23 Billion €1.04 Billion €10.21 Billion ▲ +0.7 pp
2017 74.8% €4.16 Billion €1.05 Billion €10.10 Billion ▲ +0.1 pp
2016 74.7% €4.38 Billion €1.11 Billion €10.76 Billion ▲ +0.1 pp
2015 74.5% €4.35 Billion €1.11 Billion €10.92 Billion ▼ -0.5 pp
2014 75.0% €4.34 Billion €1.08 Billion €11.18 Billion ▼ -0.4 pp
2013 75.4% €4.22 Billion €1.04 Billion €10.54 Billion ▲ +0.6 pp
2012 74.8% €4.12 Billion €1.04 Billion €10.32 Billion ▼ -2.6 pp
2011 77.5% €4.15 Billion €935.70 Million €9.74 Billion ▲ +1.8 pp
2010 75.6% €3.83 Billion €934.40 Million €9.39 Billion ▲ +2.8 pp
2009 72.8% €3.41 Billion €927.80 Million €9.05 Billion ▲ +1.4 pp
2008 71.5% €3.25 Billion €927.30 Million €10.18 Billion ▼ -7.3 pp
2007 78.7% €3.23 Billion €686.00 Million €7.87 Billion ▼ -5.4 pp
2006 84.2% €1.05 Billion €166.60 Million €6.11 Billion ▼ -6.4 pp
2005 90.5% €964.70 Million €91.30 Million €4.71 Billion ▲ +80.7 pp
2004 9.8% €1.44 Billion €1.30 Billion €3.50 Billion ▲ +9.2 pp
2003 0.6% €1.38 Billion €1.38 Billion €3.63 Billion ▲ +47.8 pp
2002 -47.2% €1.02 Billion €1.51 Billion €4.10 Billion ▼ -23.2 pp
2001 -24.0% €1.34 Billion €1.67 Billion €4.71 Billion ▲ +4.0 pp
2000 -28.1% €7.96 Billion €10.19 Billion €31.77 Billion
pp = percentage points