• Fresenius Medical Care AG KGaA average return on tangible equity for 2023 was -30.87, a 28.71% increase from 2022.
• Fresenius Medical Care AG KGaA average return on tangible equity for 2022 was -43.3, a 14.05% decline from 2021.
• Fresenius Medical Care AG KGaA average return on tangible equity for 2021 was -50.38, a 9.45% 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.