• Generac Holdings average return on tangible equity for 2023 was 1902.96, a 253.18% decline from 2022.
• Generac Holdings average return on tangible equity for 2022 was -1242.34, a 494.83% decline from 2021.
• Generac Holdings average return on tangible equity for 2021 was 314.65, a 55.92% 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.