• Regal Rexnord average return on tangible equity for 2023 was -10.57, a 101.98% decline from 2022.
• Regal Rexnord average return on tangible equity for 2022 was 533.27, a 1047.56% decline from 2021.
• Regal Rexnord average return on tangible equity for 2021 was 46.47, a 19.92% increase 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.