Trex Return On Tangible Equity 2010-2025 | TREX
- Trex average return on tangible equity for 2024 was 31.98, a 6.78% decline from 2023.
- Trex average return on tangible equity for 2023 was 29.95, a 11.89% increase from 2022.
- Trex average return on tangible equity for 2022 was 33.99, a 9.36% decline from 2021.
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.