Volkswagen AG VZO O.N. (VOW3) — Tangible Net Worth Ratio

Latest as of September 2025: 50.7%

Volkswagen AG VZO O.N. (VOW3) has a Tangible Net Worth Ratio of 50.7% as of September 2025. This metric is calculated by deducting intangible assets (€90.44 Billion) from net assets (€183.50 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. See Volkswagen AG VZO O.N. shareholders equity for net asset value and shareholders' equity analysis.

Tangible NW Ratio

50.7%
Tangible equity / total equity

Net Assets (Equity)

€183.50 Billion
EUR

Intangible Assets

€90.44 Billion
Goodwill, patents, brand value

Total Assets

€638.78 Billion
EUR

Volkswagen AG VZO O.N. Tangible Net Worth Ratio (2000–2024)

This chart shows how Volkswagen AG VZO O.N.'s Tangible Net Worth Ratio has changed across 25 annual periods from 2000 to 2024. As of September 2025, the ratio stands at 50.7%, reflecting net assets of €183.50 Billion with intangible assets of €90.44 Billion EUR. Also explore VOW3 shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Volkswagen AG VZO O.N. (2000–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Volkswagen AG VZO O.N. from 2000 to 2024, covering 25 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 Volkswagen AG VZO O.N. stock valuation.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2024 66.0% €196.73 Billion €66.96 Billion €632.90 Billion ▼ -1.0 pp
2023 66.9% €189.91 Billion €62.82 Billion €600.34 Billion ▼ -1.1 pp
2022 68.0% €178.33 Billion €57.04 Billion €564.01 Billion ▲ +3.3 pp
2021 64.8% €146.15 Billion €51.52 Billion €528.61 Billion ▼ -0.6 pp
2020 65.3% €128.78 Billion €44.65 Billion €497.11 Billion ▲ +0.1 pp
2019 65.3% €123.65 Billion €42.97 Billion €488.07 Billion ▲ +0.4 pp
2018 64.8% €117.34 Billion €41.30 Billion €458.16 Billion ▲ +1.5 pp
2017 63.4% €109.08 Billion €39.98 Billion €422.19 Billion ▲ +5.4 pp
2016 58.0% €92.91 Billion €39.04 Billion €409.73 Billion ▲ +0.5 pp
2015 57.5% €88.27 Billion €37.50 Billion €381.94 Billion ▼ -2.2 pp
2014 59.7% €90.19 Billion €36.36 Billion €351.21 Billion ▼ -0.9 pp
2013 60.6% €90.04 Billion €35.51 Billion €324.33 Billion ▲ +3.5 pp
2012 57.0% €82.00 Billion €35.22 Billion €309.52 Billion ▼ -14.9 pp
2011 71.9% €63.53 Billion €17.84 Billion €253.71 Billion ▼ -1.2 pp
2010 73.1% €48.71 Billion €13.10 Billion €199.39 Billion ▲ +7.6 pp
2009 65.5% €37.43 Billion €12.91 Billion €177.18 Billion ▼ -1.6 pp
2008 67.1% €37.39 Billion €12.29 Billion €167.92 Billion ▼ -11.5 pp
2007 78.6% €31.94 Billion €6.83 Billion €145.36 Billion ▲ +5.3 pp
2006 73.3% €26.96 Billion €7.19 Billion €136.60 Billion ▲ +5.7 pp
2005 67.6% €23.65 Billion €7.67 Billion €133.08 Billion ▲ +0.6 pp
2004 67.0% €22.68 Billion €7.49 Billion €127.60 Billion ▼ -3.1 pp
2003 70.1% €23.86 Billion €7.14 Billion €118.15 Billion ▲ +1.4 pp
2002 68.7% €24.69 Billion €7.74 Billion €108.90 Billion ▲ +135.1 pp
2001 -66.4% €24.05 Billion €40.02 Billion €104.42 Billion ▲ +3.4 pp
2000 -69.8% €21.42 Billion €36.37 Billion €92.56 Billion
pp = percentage points