Cemex S.A.B De C.V Return On Tangible Equity 2010-2024 | CX
- Cemex S.A.B De C.V average return on tangible equity for 2023 was 6.72, a 50.88% decline from 2022.
- Cemex S.A.B De C.V average return on tangible equity for 2022 was 13.68, a 227.37% decline from 2021.
- Cemex S.A.B De C.V average return on tangible equity for 2021 was -10.74, a 33.99% 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.