• Atlas Copco AB average return on tangible equity for 2023 was 174, a 22.1% decline from 2022.
• Atlas Copco AB average return on tangible equity for 2022 was 142.51, a 14.22% increase from 2021.
• Atlas Copco AB average return on tangible equity for 2021 was 166.13, a 28.93% 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.