• Comcast average return on tangible equity for 2023 was -16.8, a 11.63% increase from 2022.
• Comcast average return on tangible equity for 2022 was -15.05, a 20.03% increase from 2021.
• Comcast average return on tangible equity for 2021 was -18.82, a 34.43% 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.