• Lear average return on tangible equity for 2023 was 16.16, a 121.07% increase from 2022.
• Lear average return on tangible equity for 2022 was 7.31, a 55.35% increase from 2021.
• Lear average return on tangible equity for 2021 was 16.37, a 68.76% 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.