• Vertiv Holdings average return on tangible equity for 2023 was -17.86, a 244.79% increase from 2022.
• Vertiv Holdings average return on tangible equity for 2022 was -5.18, a 54.63% increase from 2021.
• Vertiv Holdings average return on tangible equity for 2021 was -3.35, a 115.17% 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.