Essential Utilities Return On Tangible Equity 2010-2025 | WTRG
- Essential Utilities average return on tangible equity for 2024 was 15.38, a 3.92% increase from 2023.
- Essential Utilities average return on tangible equity for 2023 was 14.8, a 6.57% increase from 2022.
- Essential Utilities average return on tangible equity for 2022 was 15.84, a 7.48% decline 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.