• Ricoh average return on tangible equity for 2023 was 9.35, a 79.81% decline from 2022.
• Ricoh average return on tangible equity for 2022 was 5.2, a 572.73% increase from 2021.
• Ricoh average return on tangible equity for 2021 was -1.1, a 885.71% 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.