• Brookfield average return on tangible equity for 2023 was 0.52, a 86.93% increase from 2022.
• Brookfield average return on tangible equity for 2022 was 3.98, a 16.03% decline from 2021.
• Brookfield average return on tangible equity for 2021 was 3.43, a 345.45% 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.