• Exelon average return on tangible equity for 2023 was 12.05, a 6.54% increase from 2022.
• Exelon average return on tangible equity for 2022 was 11.31, a 131.76% increase from 2021.
• Exelon average return on tangible equity for 2021 was 4.88, a 43.12% 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.