• Deutsche Telekom AG average return on tangible equity for 2023 was -40.75, a 196.15% decline from 2022.
• Deutsche Telekom AG average return on tangible equity for 2022 was -13.76, a 45.15% increase from 2021.
• Deutsche Telekom AG average return on tangible equity for 2021 was -9.48, a 19.46% 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.