• Stanley Black & Decker average return on tangible equity for 2023 was 11.47, a 137.9% decline from 2022.
• Stanley Black & Decker average return on tangible equity for 2022 was -30.26, a 53.89% decline from 2021.
• Stanley Black & Decker average return on tangible equity for 2021 was -65.63, a 172.1% 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.