Corning Return On Tangible Equity 2010-2025 | GLW
- Corning average return on tangible equity for 2024 was 5.19, a 34.3% increase from 2023.
- Corning average return on tangible equity for 2023 was 7.9, a 68.02% decline from 2022.
- Corning average return on tangible equity for 2022 was 24.7, a 91.92% 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.