Gentex Return On Tangible Equity 2010-2025 | GNTX
- Gentex average return on tangible equity for 2024 was 23.97, a 1.52% decline from 2023.
- Gentex average return on tangible equity for 2023 was 24.34, a 3.44% decline from 2022.
- Gentex average return on tangible equity for 2022 was 23.53, a 20.93% 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.