• MKS Instruments average return on tangible equity for 2023 was 44.02, a 69.86% decline from 2022.
• MKS Instruments average return on tangible equity for 2022 was 146.03, a 160.49% decline from 2021.
• MKS Instruments average return on tangible equity for 2021 was 56.06, a 1.48% 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.