• Entergy average return on tangible equity for 2023 was 12.3, a 20.83% decline from 2022.
• Entergy average return on tangible equity for 2022 was 10.18, a 16.83% increase from 2021.
• Entergy average return on tangible equity for 2021 was 12.24, a 3.09% 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.