• F5 average return on tangible equity for 2023 was 104.53, a 59.03% decline from 2022.
• F5 average return on tangible equity for 2022 was 255.11, a 59.22% decline from 2021.
• F5 average return on tangible equity for 2021 was 625.56, a 766.67% 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.