• Booking Holdings average return on tangible equity for 2023 was -149.2, a 32.28% decline from 2022.
• Booking Holdings average return on tangible equity for 2022 was -220.31, a 476.53% decline from 2021.
• Booking Holdings average return on tangible equity for 2021 was 58.51, a 86.73% 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.