• Xylem average return on tangible equity for 2023 was -226.89, a 216.75% decline from 2022.
• Xylem average return on tangible equity for 2022 was -71.63, a 61.37% increase from 2021.
• Xylem average return on tangible equity for 2021 was -44.39, a 76.43% increase 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.