• Exelixis average return on tangible equity for 2024 was 17.94, a 179.44% increase from 2023.
• Exelixis average return on tangible equity for 2023 was 6.42, a 46.41% increase from 2022.
• Exelixis average return on tangible equity for 2022 was 11.98, a 66.85% decline from 2021.

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.