WEX Return On Tangible Equity 2010-2025 | WEX
- WEX average return on tangible equity for 2024 was -11.01, a 23.99% decline from 2023.
- 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.
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.