• Zimmer Biomet Holdings average return on tangible equity for 2023 was -42.02, a 274.18% increase from 2022.
• Zimmer Biomet Holdings average return on tangible equity for 2022 was -11.23, a 40.89% increase from 2021.
• Zimmer Biomet Holdings average return on tangible equity for 2021 was -19, a 4030.43% decline 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.