• CenterPoint Energy average return on tangible equity for 2023 was 13.67, a 48.36% increase from 2022.
• CenterPoint Energy average return on tangible equity for 2022 was 26.47, a 20.87% decline from 2021.
• CenterPoint Energy average return on tangible equity for 2021 was 21.9, a 180.46% 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.