• Eversource Energy average return on tangible equity for 2023 was 7.6, a 41.81% decline from 2022.
• Eversource Energy average return on tangible equity for 2022 was 13.06, a 4.15% decline from 2021.
• Eversource Energy average return on tangible equity for 2021 was 12.54, a 2.18% 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.