• Entegris average return on tangible equity for 2023 was -4.89, a 152.92% increase from 2022.
• Entegris average return on tangible equity for 2022 was 9.24, a 90.85% decline from 2021.
• Entegris average return on tangible equity for 2021 was 100.97, a 43.82% 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.