• Alcon average return on tangible equity for 2023 was 31.65, a 8.61% increase from 2022.
• Alcon average return on tangible equity for 2022 was 29.14, a 450.85% increase from 2021.
• Alcon average return on tangible equity for 2021 was 5.29, a 101.31% increase 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.