Zurn Elkay Water Solutions Cor Return On Tangible Equity 2011-2024 | ZWS
- Zurn Elkay Water Solutions Cor average return on tangible equity for 2023 was -48.2, a 119.69% increase from 2022.
- Zurn Elkay Water Solutions Cor average return on tangible equity for 2022 was -21.94, a 91.22% increase from 2021.
- Zurn Elkay Water Solutions Cor average return on tangible equity for 2021 was -249.83, a 643.54% 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.