• Littelfuse average return on tangible equity for 2023 was 70.86, a 21.86% decline from 2022.
• Littelfuse average return on tangible equity for 2022 was 58.15, a 24.31% increase from 2021.
• Littelfuse average return on tangible equity for 2021 was 46.78, a 63.8% 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.