Morningstar Return On Tangible Equity 2010-2025 | MORN
- Morningstar average return on tangible equity for 2024 was -47.51, a 552.61% increase from 2023.
- Morningstar average return on tangible equity for 2023 was -7.28, a 85.07% increase from 2022.
- Morningstar average return on tangible equity for 2022 was -48.77, a 46.2% decline from 2021.
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.