MTU Aero Engines AG (MTX) — Tangible Net Worth Ratio

Latest as of June 2025: 63.4%

MTU Aero Engines AG (MTX) has a Tangible Net Worth Ratio of 63.4% as of June 2025. This metric is calculated by deducting intangible assets (€1.43 Billion) from net assets (€3.91 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 MTU Aero Engines AG to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

63.4%
Tangible equity / total equity

Net Assets (Equity)

€3.91 Billion
EUR

Intangible Assets

€1.43 Billion
Goodwill, patents, brand value

Total Assets

€11.78 Billion
EUR

MTU Aero Engines AG Tangible Net Worth Ratio (2004–2024)

This chart shows how MTU Aero Engines AG's Tangible Net Worth Ratio has changed across 21 annual periods from 2004 to 2024. As of June 2025, the ratio stands at 63.4%, reflecting net assets of €3.91 Billion with intangible assets of €1.43 Billion EUR. For live market cap and overall valuation, see MTU Aero Engines AG stock valuation.

Annual Tangible Net Worth Ratio for MTU Aero Engines AG (2004–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for MTU Aero Engines AG from 2004 to 2024, covering 21 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 MTX capital reinvestment 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)
2024 72.9% €3.42 Billion €927.00 Million €12.48 Billion ▲ +0.7 pp
2023 72.2% €2.93 Billion €814.00 Million €10.20 Billion ▼ -3.1 pp
2022 75.4% €3.11 Billion €765.00 Million €9.23 Billion ▲ +2.3 pp
2021 73.1% €2.76 Billion €742.00 Million €8.30 Billion ▲ +1.4 pp
2020 71.8% €2.63 Billion €744.00 Million €8.10 Billion ▲ +3.6 pp
2019 68.2% €2.42 Billion €770.60 Million €7.77 Billion ▼ -0.1 pp
2018 68.2% €2.14 Billion €680.90 Million €6.85 Billion ▲ +63.7 pp
2017 4.6% €1.99 Billion €1.90 Billion €6.05 Billion ▲ +27.3 pp
2016 -22.8% €1.50 Billion €1.84 Billion €5.84 Billion ▲ +17.3 pp
2015 -40.1% €1.30 Billion €1.82 Billion €5.19 Billion ▲ +3.8 pp
2014 -43.8% €1.19 Billion €1.71 Billion €4.81 Billion ▼ -26.1 pp
2013 -17.8% €1.22 Billion €1.44 Billion €4.46 Billion ▲ +7.8 pp
2012 -25.6% €1.09 Billion €1.37 Billion €4.26 Billion ▲ +14.2 pp
2011 -39.8% €906.10 Million €1.27 Billion €3.74 Billion ▲ +9.8 pp
2010 -49.6% €819.30 Million €1.23 Billion €3.43 Billion ▼ -34.0 pp
2009 -15.6% €730.70 Million €844.80 Million €3.15 Billion ▲ +90.9 pp
2008 -106.5% €617.40 Million €1.27 Billion €3.20 Billion ▼ -74.2 pp
2007 -32.3% €562.00 Million €743.50 Million €3.09 Billion ▲ +9.4 pp
2006 -41.7% €562.30 Million €797.00 Million €3.11 Billion ▼ -48.0 pp
2005 6.3% €528.30 Million €495.00 Million €2.55 Billion ▲ +162.0 pp
2004 -155.7% €217.00 Million €554.80 Million €2.72 Billion
pp = percentage points