• AbbVie average return on tangible equity for 2023 was -8.35, a 40.01% decline from 2022.
• AbbVie average return on tangible equity for 2022 was -13.92, a 78.92% decline from 2021.
• AbbVie average return on tangible equity for 2021 was -7.78, a 34.12% 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.