• ANSYS average return on tangible equity for 2023 was 179.18, a 5.89% decline from 2022.
• ANSYS average return on tangible equity for 2022 was 169.21, a 65.79% increase from 2021.
• ANSYS average return on tangible equity for 2021 was 102.06, a 38.84% 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.