• AMETEK average return on tangible equity for 2023 was -125.32, a 92.21% decline from 2022.
• AMETEK average return on tangible equity for 2022 was -65.2, a 1.24% increase from 2021.
• AMETEK average return on tangible equity for 2021 was -66.02, a 0.52% 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.