• Salesforce average return on tangible equity for 2023 was 40.71, a 81.45% increase from 2022.
• Salesforce average return on tangible equity for 2022 was 219.43, a 452.3% decline from 2021.
• Salesforce average return on tangible equity for 2021 was 39.73, a 54.11% 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.