• EQT average return on tangible equity for 2023 was 27.77, a 19935.71% decline from 2022.
• EQT average return on tangible equity for 2022 was -0.14, a 99.22% decline from 2021.
• EQT average return on tangible equity for 2021 was -17.94, a 4.18% 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.