• Kuehne & Nagel Ag average return on tangible equity for 2023 was 140.79, a 59.26% increase from 2022.
• Kuehne & Nagel Ag average return on tangible equity for 2022 was 345.54, a 94.66% decline from 2021.
• Kuehne & Nagel Ag average return on tangible equity for 2021 was 177.51, a 115.22% increase 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.