Volkswagen AG Return On Tangible Equity 2010-2024 | VWAGY
- Volkswagen AG average return on tangible equity for 2023 was 13.65, a 34.41% increase from 2022.
- Volkswagen AG average return on tangible equity for 2022 was 20.81, a 12.05% decline from 2021.
- Volkswagen AG average return on tangible equity for 2021 was 23.66, a 89.13% 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.