Return on Tangible Equity will become a focus of Macquarie Group reporting, the group said yesterday.
In an investor presentation as part of its Europe, the Middle East and Africa region Investor Tour over four days in Paris and London this week, Macquarie said it was “introducing ROTE to enhance disclosures and better reflect Macquarie’s evolving businesses … ROTE will be introduced as a supplementary measure to return on equity.
“ROTE is an instructive supplementary measure of the group’s underlying performance, irrespective of whether businesses have been acquired or developed organically.”
Macquarie’s annualised return on tangible equity was 11.4% in the half year to September 2025 compared to an annualised return on equity of 9.9%.
Return on Equity (ROE) remains the primary measure of overall performance for Macquarie and its businesses.