• Logitech S.A average return on tangible equity for 2023 was 22.92, a 22.85% increase from 2022.
• Logitech S.A average return on tangible equity for 2022 was 29.71, a 49.08% decline from 2021.
• Logitech S.A average return on tangible equity for 2021 was 58.35, a 9.18% 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.