ESAB Return On Tangible Equity 2021-2025 | ESAB
- ESAB average return on tangible equity for 2024 was -66.03, a 85.22% increase from 2023.
- ESAB average return on tangible equity for 2023 was -35.65, a 353.38% increase from 2022.
- ESAB average return on tangible equity for 2022 was 14.07, a 93.31% decline from 2021.
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.