• Mettler-Toledo average return on tangible equity for 2023 was -85.54, a 10.82% decline from 2022.
• Mettler-Toledo average return on tangible equity for 2022 was -95.92, a 21.11% decline from 2021.
• Mettler-Toledo average return on tangible equity for 2021 was -121.59, a 26.86% 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.