Aecon Group Inc. (ARE) — Tangible Net Worth Ratio
Aecon Group Inc. (ARE) has a Tangible Net Worth Ratio of 91.0% as of September 2025. This metric is calculated by deducting intangible assets (CA$83.33 Million) from net assets (CA$922.85 Million) 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 Aecon Group Inc. shareholders equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Aecon Group Inc. Tangible Net Worth Ratio (1996–2024)
This chart shows how Aecon Group Inc.'s Tangible Net Worth Ratio has changed across 29 annual periods from 1996 to 2024. As of September 2025, the ratio stands at 91.0%, reflecting net assets of CA$922.85 Million with intangible assets of CA$83.33 Million CAD. Also explore ARE net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Aecon Group Inc. (1996–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Aecon Group Inc. from 1996 to 2024, covering 29 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 Aecon Group Inc. market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 90.4% | CA$962.44 Million | CA$92.07 Million | CA$3.23 Billion | ▼ -7.9 pp |
| 2023 | 98.4% | CA$1.06 Billion | CA$17.45 Million | CA$3.20 Billion | ▲ +56.5 pp |
| 2022 | 41.9% | CA$954.00 Million | CA$554.25 Million | CA$3.57 Billion | ▲ +1.2 pp |
| 2021 | 40.7% | CA$913.57 Million | CA$542.09 Million | CA$3.29 Billion | ▲ +5.4 pp |
| 2020 | 35.3% | CA$874.11 Million | CA$565.62 Million | CA$3.29 Billion | ▼ -6.3 pp |
| 2019 | 41.5% | CA$858.00 Million | CA$501.56 Million | CA$3.11 Billion | ▼ -10.2 pp |
| 2018 | 51.8% | CA$825.06 Million | CA$397.80 Million | CA$2.93 Billion | ▼ -16.5 pp |
| 2017 | 68.3% | CA$771.48 Million | CA$244.50 Million | CA$2.53 Billion | ▼ -23.4 pp |
| 2016 | 91.7% | CA$753.60 Million | CA$62.28 Million | CA$2.01 Billion | ▲ +0.5 pp |
| 2015 | 91.3% | CA$718.05 Million | CA$62.62 Million | CA$1.87 Billion | ▼ -1.7 pp |
| 2014 | 93.0% | CA$655.95 Million | CA$45.92 Million | CA$1.83 Billion | ▼ -3.9 pp |
| 2013 | 96.9% | CA$586.61 Million | CA$17.98 Million | CA$1.99 Billion | ▼ -1.7 pp |
| 2012 | 98.6% | CA$549.57 Million | CA$7.54 Million | CA$2.13 Billion | ▲ +63.4 pp |
| 2011 | 35.2% | CA$489.88 Million | CA$317.26 Million | CA$1.98 Billion | ▼ -14.7 pp |
| 2010 | 50.0% | CA$475.96 Million | CA$238.06 Million | CA$2.09 Billion | ▲ +1.9 pp |
| 2009 | 48.1% | CA$462.32 Million | CA$239.83 Million | CA$1.69 Billion | ▼ -8.2 pp |
| 2008 | 56.3% | CA$384.71 Million | CA$168.00 Million | CA$1.19 Billion | ▲ +4.6 pp |
| 2007 | 51.7% | CA$226.34 Million | CA$109.28 Million | CA$910.65 Million | ▲ +29.9 pp |
| 2006 | 21.8% | CA$153.60 Million | CA$120.09 Million | CA$716.29 Million | ▼ -77.8 pp |
| 2005 | 99.6% | CA$106.33 Million | CA$383.00K | CA$504.42 Million | ▼ 0.0 pp |
| 2004 | 99.7% | CA$102.96 Million | CA$322.00K | CA$455.33 Million | ▼ -0.3 pp |
| 2003 | 100.0% | CA$116.97 Million | CA$0.00 | CA$483.36 Million | ▲ +7.0 pp |
| 2002 | 93.0% | CA$131.55 Million | CA$9.23 Million | CA$515.72 Million | ▲ +2.0 pp |
| 2001 | 91.0% | CA$99.78 Million | CA$8.99 Million | CA$589.25 Million | ▲ +2.3 pp |
| 2000 | 88.6% | CA$87.09 Million | CA$9.89 Million | CA$525.76 Million | ▼ -2.1 pp |
| 1999 | 90.8% | CA$72.60 Million | CA$6.70 Million | CA$460.60 Million | ▼ -9.2 pp |
| 1998 | 100.0% | CA$34.70 Million | CA$0.00 | CA$110.00 Million | ▲ +0.0 pp |
| 1997 | 100.0% | CA$30.10 Million | CA$0.00 | CA$98.10 Million | ▲ +0.0 pp |
| 1996 | 100.0% | CA$22.00 Million | CA$0.00 | CA$97.90 Million | — |