• Eni SpA average return on tangible equity for 2023 was 15.68, a 45.91% decline from 2022.
• Eni SpA average return on tangible equity for 2022 was 28.99, a 2714.56% decline from 2021.
• Eni SpA average return on tangible equity for 2021 was 1.03, a 105.33% 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.