• Covestro AG average return on tangible equity for 2022 was 14.41, a 40.94% decline from 2021.
• Covestro AG average return on tangible equity for 2021 was 24.4, a 305.99% decline from 2020.
• Covestro AG average return on tangible equity for 2020 was 6.01, a 71.04% increase from 2019.

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.