GlobalFoundries Return On Tangible Equity 2019-2025 | GFS
- GlobalFoundries average return on tangible equity for 2024 was 5.12, a 62.9% decline from 2023.
- GlobalFoundries average return on tangible equity for 2023 was 13.8, a 65.07% decline from 2022.
- GlobalFoundries average return on tangible equity for 2022 was 8.36, a 140.29% increase 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.