• Rockwell Automation average return on tangible equity for 2023 was -114.81, a 118.64% decline from 2022.
• Rockwell Automation average return on tangible equity for 2022 was -52.51, a 78.04% increase from 2021.
• Rockwell Automation average return on tangible equity for 2021 was -239.1, a 102.06% 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.