Vestas Wind Systems AS Return On Tangible Equity 2011-2024 | VWDRY
- Vestas Wind Systems AS average return on tangible equity for 2023 was -158.91, a 34.92% decline from 2022.
- Vestas Wind Systems AS average return on tangible equity for 2022 was -117.78, a 454.65% increase from 2021.
- Vestas Wind Systems AS average return on tangible equity for 2021 was 33.21, a 16.2% 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.