• Amphenol average return on tangible equity for 2023 was -1055.93, a 213.84% decline from 2022.
• Amphenol average return on tangible equity for 2022 was -336.46, a 38.34% increase from 2021.
• Amphenol average return on tangible equity for 2021 was -545.68, a 187.32% 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.