LY Return On Tangible Equity 2016-2024 | YAHOY
- LY average return on tangible equity for 2023 was 1054.44, a 1252.37% decline from 2022.
- LY average return on tangible equity for 2022 was 77.97, a 147.84% increase from 2021.
- LY average return on tangible equity for 2021 was 31.46, a 63.34% 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.