• Brenntag AG average return on tangible equity for 2023 was 68.45, a 18.56% increase from 2022.
• Brenntag AG average return on tangible equity for 2022 was 84.05, a 18.28% decline from 2021.
• Brenntag AG average return on tangible equity for 2021 was 71.06, a 22.31% 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.