BorgWarner Return On Tangible Equity 2010-2024 | BWA
- BorgWarner average return on tangible equity for 2023 was 25.72, a 4.71% increase from 2022.
- BorgWarner average return on tangible equity for 2022 was 26.99, a 19.42% decline from 2021.
- BorgWarner average return on tangible equity for 2021 was 22.6, a 15.01% 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.