• Suzuki Motor average return on tangible equity for 2023 was 9.34, a 1.08% increase from 2022.
• Suzuki Motor average return on tangible equity for 2022 was 9.24, a 21.56% increase from 2021.
• Suzuki Motor average return on tangible equity for 2021 was 11.78, a 1.03% 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.