• Caesars Entertainment average return on tangible equity for 2023 was -4.03, a 139.32% decline from 2022.
• Caesars Entertainment average return on tangible equity for 2022 was 10.25, a 38.07% decline from 2021.
• Caesars Entertainment average return on tangible equity for 2021 was 16.55, a 44.76% 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.