• Osram Licht AG average return on tangible equity for 2023 was 180.27, a 650.5% decline from 2022.
• Osram Licht AG average return on tangible equity for 2022 was 24.02, a 217.75% increase from 2021.
• Osram Licht AG average return on tangible equity for 2021 was -20.4, a 102.18% 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.