• CommVault Systems average return on tangible equity for 2023 was -20.35, a 218.59% decline from 2022.
• CommVault Systems average return on tangible equity for 2022 was 17.16, a 853.33% decline from 2021.
• CommVault Systems average return on tangible equity for 2021 was 1.8, a 132.67% 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.