• Alfa Laval AB average return on tangible equity for 2023 was 121.74, a 48.83% decline from 2022.
• Alfa Laval AB average return on tangible equity for 2022 was 81.8, a 39.09% increase from 2021.
• Alfa Laval AB average return on tangible equity for 2021 was 58.81, a 56.46% 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.