• Wartsila average return on tangible equity for 2024 was 75.67, a 72.6% increase from 2023.
• Wartsila average return on tangible equity for 2023 was 43.84, a 219100% increase from 2022.
• Wartsila average return on tangible equity for 2022 was 0.02, a 99.95% 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.