• Celestica average return on tangible equity for 2023 was 18.95, a 26.33% increase from 2022.
• Celestica average return on tangible equity for 2022 was 15, a 64.29% increase from 2021.
• Celestica average return on tangible equity for 2021 was 9.13, a 424.71% 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.