• Emerson Electric average return on tangible equity for 2023 was 139.41, a 152.78% decline from 2022.
• Emerson Electric average return on tangible equity for 2022 was -264.12, a 43.55% decline from 2021.
• Emerson Electric average return on tangible equity for 2021 was -183.99, a 5.17% 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.