• LeGrand SA average return on tangible equity for 2023 was -52.17, a 23.22% increase from 2022.
• LeGrand SA average return on tangible equity for 2022 was -42.34, a 11.98% increase from 2021.
• LeGrand SA average return on tangible equity for 2021 was -37.81, a 5.14% 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.