• Duke Energy average return on tangible equity for 2023 was 5.79, a 46.09% increase from 2022.
• Duke Energy average return on tangible equity for 2022 was 10.74, a 17.89% decline from 2021.
• Duke Energy average return on tangible equity for 2021 was 9.11, a 13.45% 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.