• Bouygues average return on tangible equity for 2023 was 70.59, a 74.12% decline from 2022.
• Bouygues average return on tangible equity for 2022 was 40.54, a 24.15% increase from 2021.
• Bouygues average return on tangible equity for 2021 was 53.45, a 83.11% 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.