Volkswagen AG VZO O.N. (VOW3) — Tangible Net Worth Ratio
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. Also explore VOW3 net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
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. For live market cap and overall valuation, see VOW3 company net worth.
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. Explore Volkswagen AG VZO O.N. 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) |
|---|---|---|---|---|---|
| 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 | — |