• Autoliv average return on tangible equity for 2023 was 35.72, a 15.79% increase from 2022.
• Autoliv average return on tangible equity for 2022 was 30.85, a 26.44% increase from 2021.
• Autoliv average return on tangible equity for 2021 was 41.94, a 21.53% 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.