• Boston Scientific average return on tangible equity for 2023 was -104.65, a 169.99% decline from 2022.
• Boston Scientific average return on tangible equity for 2022 was -38.76, a 41.08% increase from 2021.
• Boston Scientific average return on tangible equity for 2021 was -65.78, a 11.31% 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.