• Brookfield Renewable Partners average return on tangible equity for 2023 was -0.55, a 23.61% increase from 2022.
• Brookfield Renewable Partners average return on tangible equity for 2022 was -0.72, a 38.98% decline from 2021.
• Brookfield Renewable Partners average return on tangible equity for 2021 was -1.18, a 20.41% 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.