Bilfinger SE (GBF) — Tangible Net Worth Ratio

Latest as of December 2025: 97.2%

Bilfinger SE (GBF) has a Tangible Net Worth Ratio of 97.2% as of December 2025. This metric is calculated by deducting intangible assets (€38.00 Million) from net assets (€1.34 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 what is Bilfinger SE's book value for net asset value and shareholders' equity analysis.

Tangible NW Ratio

97.2%
Tangible equity / total equity

Net Assets (Equity)

€1.34 Billion
EUR

Intangible Assets

€38.00 Million
Goodwill, patents, brand value

Total Assets

€3.66 Billion
EUR

Bilfinger SE Tangible Net Worth Ratio (2004–2025)

This chart shows how Bilfinger SE's Tangible Net Worth Ratio has changed across 22 annual periods from 2004 to 2025. As of December 2025, the ratio stands at 97.2%, reflecting net assets of €1.34 Billion with intangible assets of €38.00 Million EUR. Also explore net asset momentum of Bilfinger SE to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Bilfinger SE (2004–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Bilfinger SE 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 Bilfinger SE market capitalisation.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 97.2% €1.34 Billion €38.00 Million €3.66 Billion ▼ -1.2 pp
2024 98.4% €1.31 Billion €21.60 Million €3.46 Billion ▼ -1.2 pp
2023 99.6% €1.18 Billion €5.20 Million €3.36 Billion ▼ -0.1 pp
2022 99.7% €1.08 Billion €3.60 Million €3.05 Billion ▼ -0.1 pp
2021 99.8% €1.29 Billion €2.90 Million €3.15 Billion ▲ +0.1 pp
2020 99.7% €1.20 Billion €3.70 Million €3.26 Billion ▲ +0.2 pp
2019 99.5% €1.15 Billion €6.30 Million €3.35 Billion ▲ +0.3 pp
2018 99.1% €1.20 Billion €10.70 Million €3.48 Billion ▲ +0.2 pp
2017 98.9% €1.38 Billion €14.80 Million €3.62 Billion ▲ +0.6 pp
2016 98.3% €1.62 Billion €27.20 Million €4.02 Billion ▲ +5.5 pp
2015 92.8% €1.44 Billion €103.20 Million €5.21 Billion ▲ +0.4 pp
2014 92.4% €1.92 Billion €144.90 Million €5.96 Billion ▼ -1.2 pp
2013 93.6% €2.16 Billion €137.80 Million €6.53 Billion ▲ +0.8 pp
2012 92.8% €2.04 Billion €146.00 Million €6.85 Billion ▲ +79.9 pp
2011 12.9% €1.79 Billion €1.56 Billion €7.72 Billion ▼ -6.6 pp
2010 19.6% €1.81 Billion €1.46 Billion €7.94 Billion ▲ +16.7 pp
2009 2.9% €1.58 Billion €1.54 Billion €7.94 Billion ▲ +11.2 pp
2008 -8.3% €1.14 Billion €1.24 Billion €6.77 Billion ▼ -101.5 pp
2007 93.3% €1.29 Billion €86.90 Million €6.11 Billion ▲ +118.5 pp
2006 -25.2% €1.19 Billion €1.49 Billion €5.13 Billion ▼ -23.9 pp
2005 -1.3% €1.16 Billion €1.18 Billion €4.36 Billion ▲ +2.5 pp
2004 -3.8% €1.11 Billion €1.15 Billion €3.72 Billion
pp = percentage points