• Disney average return on tangible equity for 2023 was 33.31, a 85.32% decline from 2022.
• Disney average return on tangible equity for 2022 was 226.86, a 1128.84% decline from 2021.
• Disney average return on tangible equity for 2021 was -22.05, a 278.4% 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.