Galp Energia SGPS SA Return On Tangible Equity 2012-2024 | GLPEY
- Galp Energia SGPS SA average return on tangible equity for 2023 was 32.39, a 82.07% decline from 2022.
- Galp Energia SGPS SA average return on tangible equity for 2022 was 17.79, a 1072.13% increase from 2021.
- Galp Energia SGPS SA average return on tangible equity for 2021 was -1.83, a 72.27% 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.