• ASML Holding average return on tangible equity for 2023 was 172.59, a 14.26% decline from 2022.
• ASML Holding average return on tangible equity for 2022 was 151.05, a 109.85% increase from 2021.
• ASML Holding average return on tangible equity for 2021 was 71.98, a 63.52% 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.