WEX Return On Tangible Equity 2010-2024 | WEX
- WEX average return on tangible equity for 2023 was -8.88, a 51.28% increase from 2022.
- WEX average return on tangible equity for 2022 was -5.87, a 168.26% increase from 2021.
- WEX average return on tangible equity for 2021 was 8.6, a 8500% 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.