• Freddie Mac average return on tangible equity for 2024 was -0.2, a 300% decline from 2023.
• Freddie Mac average return on tangible equity for 2023 was 0.1, a 89.36% decline from 2022.
• Freddie Mac average return on tangible equity for 2022 was 0.94, a 75.26% 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.