• Dell average return on tangible equity for 2023 was -7.73, a 42.74% increase from 2022.
• Dell average return on tangible equity for 2022 was -13.5, a 22.17% decline from 2021.
• Dell average return on tangible equity for 2021 was -11.05, a 82.04% 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.