Nestle S.A. (NESN) — Tangible Net Worth Ratio
Nestle S.A. (NESN) has a Tangible Net Worth Ratio of 49.2% as of June 2026. This metric is calculated by deducting intangible assets (CHF14.99 Billion) from net assets (CHF29.50 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 Nestle S.A. (NESN) net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Nestle S.A. Tangible Net Worth Ratio (1998–2025)
This chart shows how Nestle S.A.'s Tangible Net Worth Ratio has changed across 28 annual periods from 1998 to 2025. As of June 2026, the ratio stands at 49.2%, reflecting net assets of CHF29.50 Billion with intangible assets of CHF14.99 Billion CHF. For live market cap and overall valuation, see NESN company net worth.
Annual Tangible Net Worth Ratio for Nestle S.A. (1998–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Nestle S.A. from 1998 to 2025, covering 28 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 NESN capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (CHF) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 49.6% | CHF33.06 Billion | CHF16.67 Billion | CHF127.15 Billion | ▲ +2.0 pp |
| 2024 | 47.6% | CHF36.69 Billion | CHF19.25 Billion | CHF139.26 Billion | ▼ -2.4 pp |
| 2023 | 49.9% | CHF36.39 Billion | CHF18.23 Billion | CHF126.55 Billion | ▼ -2.8 pp |
| 2022 | 52.7% | CHF42.79 Billion | CHF20.24 Billion | CHF135.18 Billion | ▼ -5.9 pp |
| 2021 | 58.6% | CHF53.73 Billion | CHF22.22 Billion | CHF139.14 Billion | ▲ +2.0 pp |
| 2020 | 56.7% | CHF46.51 Billion | CHF20.15 Billion | CHF124.03 Billion | ▼ -9.6 pp |
| 2019 | 66.3% | CHF52.86 Billion | CHF17.82 Billion | CHF127.94 Billion | ▼ -1.8 pp |
| 2018 | 68.1% | CHF58.40 Billion | CHF18.63 Billion | CHF137.01 Billion | ▲ +1.2 pp |
| 2017 | 66.9% | CHF62.23 Billion | CHF20.61 Billion | CHF133.21 Billion | ▼ -2.2 pp |
| 2016 | 69.1% | CHF65.98 Billion | CHF20.40 Billion | CHF131.90 Billion | ▼ -0.9 pp |
| 2015 | 69.9% | CHF63.99 Billion | CHF19.24 Billion | CHF123.99 Billion | ▼ -2.5 pp |
| 2014 | 72.5% | CHF71.88 Billion | CHF19.80 Billion | CHF133.45 Billion | ▼ -7.8 pp |
| 2013 | 80.2% | CHF64.14 Billion | CHF12.67 Billion | CHF120.44 Billion | ▲ +1.0 pp |
| 2012 | 79.2% | CHF62.66 Billion | CHF13.02 Billion | CHF125.88 Billion | ▼ -4.7 pp |
| 2011 | 83.9% | CHF58.27 Billion | CHF9.36 Billion | CHF114.09 Billion | ▼ -3.7 pp |
| 2010 | 87.7% | CHF62.60 Billion | CHF7.73 Billion | CHF111.64 Billion | ▲ +0.1 pp |
| 2009 | 87.6% | CHF53.63 Billion | CHF6.66 Billion | CHF110.92 Billion | ▲ +0.1 pp |
| 2008 | 87.5% | CHF54.92 Billion | CHF6.87 Billion | CHF106.22 Billion | ▲ +0.8 pp |
| 2007 | 86.7% | CHF54.23 Billion | CHF7.22 Billion | CHF114.66 Billion | ▼ -6.2 pp |
| 2006 | 92.9% | CHF52.85 Billion | CHF3.77 Billion | CHF101.81 Billion | ▼ -1.4 pp |
| 2005 | 94.3% | CHF49.75 Billion | CHF2.85 Billion | CHF103.40 Billion | ▼ -0.7 pp |
| 2004 | 95.0% | CHF40.28 Billion | CHF2.03 Billion | CHF87.09 Billion | ▼ -0.9 pp |
| 2003 | 95.8% | CHF37.82 Billion | CHF1.57 Billion | CHF89.56 Billion | ▼ -0.7 pp |
| 2002 | 96.5% | CHF35.63 Billion | CHF1.24 Billion | CHF87.35 Billion | ▼ -0.9 pp |
| 2001 | 97.4% | CHF34.23 Billion | CHF898.00 Million | CHF93.79 Billion | ▼ -2.6 pp |
| 2000 | 100.0% | CHF30.51 Billion | CHF0.00 | CHF65.52 Billion | ▲ +0.0 pp |
| 1999 | 100.0% | CHF25.70 Billion | CHF0.00 | CHF58.94 Billion | ▲ +0.0 pp |
| 1998 | 100.0% | CHF23.68 Billion | CHF0.00 | CHF56.44 Billion | — |