• Comstock Resources average return on tangible equity for 2023 was 45.92, a 14.33% decline from 2022.
• Comstock Resources average return on tangible equity for 2022 was 53.6, a 207.61% decline from 2021.
• Comstock Resources average return on tangible equity for 2021 was -49.81, a 2271.9% 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.