STMicroelectronics Return On Tangible Equity 2010-2024 | STM

STMicroelectronics return on tangible equity for the quarter ending September 30, 2024 was 13.82.

  • STMicroelectronics average return on tangible equity for 2023 was 33.72, a 1.58% decline from 2022.
  • STMicroelectronics average return on tangible equity for 2022 was 34.26, a 58.1% decline from 2021.
  • STMicroelectronics average return on tangible equity for 2021 was 21.67, a 43.8% 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.

STMicroelectronics Return On Tangible Equity 2010-2024 | STM

  • STMicroelectronics average return on tangible equity for 2023 was 33.72, a 1.58% decline from 2022.
  • STMicroelectronics average return on tangible equity for 2022 was 34.26, a 58.1% decline from 2021.
  • STMicroelectronics average return on tangible equity for 2021 was 21.67, a 43.8% 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.