Applied Industrial Technologies Return On Tangible Equity 2010-2024 | AIT
- Applied Industrial Technologies average return on tangible equity for 2023 was 64.07, a 38.52% decline from 2022.
- Applied Industrial Technologies average return on tangible equity for 2022 was 104.22, a 64.04% decline from 2021.
- Applied Industrial Technologies average return on tangible equity for 2021 was 289.81, a 3658.88% decline from 2020.
Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.