Unibail-Rodamco-Westfield (URW) — Tangible Net Worth Ratio

Latest as of December 2025: 95.7%

Unibail-Rodamco-Westfield (URW) has a Tangible Net Worth Ratio of 95.7% as of December 2025. This metric is calculated by deducting intangible assets (€760.50 Million) from net assets (€17.70 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 Unibail-Rodamco-Westfield current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

95.7%
Tangible equity / total equity

Net Assets (Equity)

€17.70 Billion
EUR

Intangible Assets

€760.50 Million
Goodwill, patents, brand value

Total Assets

€49.68 Billion
EUR

Unibail-Rodamco-Westfield Tangible Net Worth Ratio (2004–2025)

This chart shows how Unibail-Rodamco-Westfield's Tangible Net Worth Ratio has changed across 22 annual periods from 2004 to 2025. As of December 2025, the ratio stands at 95.7%, reflecting net assets of €17.70 Billion with intangible assets of €760.50 Million EUR. See defensive interval ratio of Unibail-Rodamco-Westfield to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Unibail-Rodamco-Westfield (2004–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Unibail-Rodamco-Westfield from 2004 to 2025, covering 22 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 Unibail-Rodamco-Westfield market cap and net worth.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 96.5% €21.70 Billion €760.50 Million €49.68 Billion ▲ +0.5 pp
2024 96.0% €21.04 Billion €840.20 Million €53.55 Billion ▲ +0.0 pp
2023 96.0% €20.77 Billion €829.70 Million €53.58 Billion ▼ -0.4 pp
2022 96.4% €22.95 Billion €820.50 Million €54.64 Billion ▲ +0.2 pp
2021 96.2% €22.37 Billion €844.80 Million €54.92 Billion ▲ +0.1 pp
2020 96.2% €22.80 Billion €876.40 Million €57.28 Billion ▼ -0.8 pp
2019 96.9% €31.85 Billion €984.40 Million €65.00 Billion ▲ +0.9 pp
2018 96.0% €32.14 Billion €1.29 Billion €64.53 Billion ▼ -3.3 pp
2017 99.2% €22.69 Billion €172.10 Million €43.24 Billion ▲ +0.3 pp
2016 98.9% €21.02 Billion €229.40 Million €40.74 Billion ▲ +0.2 pp
2015 98.7% €19.24 Billion €242.10 Million €38.11 Billion ▲ +0.1 pp
2014 98.6% €16.93 Billion €237.50 Million €35.57 Billion ▼ 0.0 pp
2013 98.6% €15.88 Billion €217.50 Million €32.34 Billion ▲ +0.1 pp
2012 98.6% €14.49 Billion €206.10 Million €29.57 Billion ▲ +2.0 pp
2011 96.6% €13.06 Billion €441.10 Million €26.40 Billion ▼ -2.0 pp
2010 98.6% €12.37 Billion €170.80 Million €24.98 Billion ▲ +0.2 pp
2009 98.4% €12.44 Billion €197.40 Million €22.68 Billion ▼ -0.3 pp
2008 98.7% €14.15 Billion €186.20 Million €24.92 Billion ▲ +0.8 pp
2007 97.9% €14.60 Billion €302.40 Million €25.55 Billion ▲ +2.4 pp
2006 95.5% €6.83 Billion €307.70 Million €10.84 Billion ▲ +1.2 pp
2005 94.3% €4.67 Billion €267.80 Million €8.68 Billion ▼ -3.4 pp
2004 97.6% €3.26 Billion €77.40 Million €7.37 Billion
pp = percentage points