• Shift4 Payments average return on tangible equity for 2023 was -16.19, a 789.56% decline from 2022.
• Shift4 Payments average return on tangible equity for 2022 was -1.82, a 105.06% increase from 2021.
• Shift4 Payments average return on tangible equity for 2021 was 36, a 2.27% 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.