• EnLink Midstream, LLC average return on tangible equity for 2023 was 15.52, a 54.58% decline from 2022.
• EnLink Midstream, LLC average return on tangible equity for 2022 was 10.04, a 274.61% increase from 2021.
• EnLink Midstream, LLC average return on tangible equity for 2021 was -5.75, a 86.89% 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.