Delivery Hero SE (DHER) — Tangible Net Worth Ratio
Delivery Hero SE (DHER) has a Tangible Net Worth Ratio of 58.4% as of December 2025. This metric is calculated by deducting intangible assets (€745.70 Million) from net assets (€1.79 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 net asset growth rate of Delivery Hero SE to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Delivery Hero SE Tangible Net Worth Ratio (2012–2025)
This chart shows how Delivery Hero SE's Tangible Net Worth Ratio has changed across 14 annual periods from 2012 to 2025. As of December 2025, the ratio stands at 58.4%, reflecting net assets of €1.79 Billion with intangible assets of €745.70 Million EUR. For live market cap and overall valuation, see DHER company net worth.
Annual Tangible Net Worth Ratio for Delivery Hero SE (2012–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Delivery Hero SE from 2012 to 2025, covering 14 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 Delivery Hero SE capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 58.4% | €1.79 Billion | €745.70 Million | €10.54 Billion | ▼ -9.8 pp |
| 2024 | 68.2% | €2.71 Billion | €862.70 Million | €12.75 Billion | ▲ +27.0 pp |
| 2023 | 41.2% | €1.65 Billion | €970.20 Million | €10.49 Billion | ▼ -25.7 pp |
| 2022 | 66.9% | €3.79 Billion | €1.26 Billion | €12.86 Billion | ▼ -13.1 pp |
| 2021 | 80.0% | €5.49 Billion | €1.10 Billion | €12.70 Billion | ▲ +3.1 pp |
| 2020 | 76.8% | €1.17 Billion | €270.90 Million | €5.77 Billion | ▼ -8.2 pp |
| 2019 | 85.0% | €1.87 Billion | €280.10 Million | €2.67 Billion | ▲ +4.1 pp |
| 2018 | 81.0% | €1.62 Billion | €307.60 Million | €2.00 Billion | ▲ +10.5 pp |
| 2017 | 70.4% | €1.72 Billion | €509.10 Million | €2.05 Billion | ▲ +38.0 pp |
| 2016 | 32.4% | €892.21 Million | €602.78 Million | €1.63 Billion | ▲ +16.3 pp |
| 2015 | 16.1% | €765.49 Million | €642.13 Million | €1.39 Billion | ▼ -0.7 pp |
| 2014 | 16.8% | €268.84 Million | €223.68 Million | €517.78 Million | ▼ -70.2 pp |
| 2013 | 87.0% | €39.05 Million | €5.06 Million | €111.99 Million | ▲ +8.7 pp |
| 2012 | 78.3% | €32.63 Million | €7.08 Million | €105.42 Million | — |