• Docusign average return on tangible equity for 2023 was -95.45, a 203.21% decline from 2022.
• Docusign average return on tangible equity for 2022 was 92.48, a 156.91% decline from 2021.
• Docusign average return on tangible equity for 2021 was -162.51, a 66.01% 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.