• Mettler-Toledo average return on tangible equity for 2023 was -82.73, a 11.64% increase from 2022.
• Mettler-Toledo average return on tangible equity for 2022 was -93.63, a 15.6% decline from 2021.
• Mettler-Toledo average return on tangible equity for 2021 was -110.94, a 33.95% 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.