PACCAR Return On Tangible Equity 2010-2024 | PCAR
- PACCAR average return on tangible equity for 2023 was 27.24, a 34.65% increase from 2022.
- PACCAR average return on tangible equity for 2022 was 20.23, a 28.2% increase from 2021.
- PACCAR average return on tangible equity for 2021 was 15.78, a 4.54% 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.