• Xylem average return on tangible equity for 2023 was -334.06, a 330.66% decline from 2022.
• Xylem average return on tangible equity for 2022 was -77.57, a 48.06% increase from 2021.
• Xylem average return on tangible equity for 2021 was -52.39, a 129.88% 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.