• Broadridge Financial Solutions average return on tangible equity for 2023 was -24.83, a 34.43% increase from 2022.
• Broadridge Financial Solutions average return on tangible equity for 2022 was -18.47, a 50.65% increase from 2021.
• Broadridge Financial Solutions average return on tangible equity for 2021 was -37.43, a 21.02% 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.