• Akzo Nobel average return on tangible equity for 2022 was 38.37, a 21.58% increase from 2021.
• Akzo Nobel average return on tangible equity for 2021 was 31.56, a 63.52% increase from 2020.
• Akzo Nobel average return on tangible equity for 2020 was 19.3, a 79.96% increase from 2019.

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.