• TechnipFMC average return on tangible equity for 2023 was -1.57, a 83.3% decline from 2022.
• TechnipFMC average return on tangible equity for 2022 was -9.4, a 229.83% decline from 2021.
• TechnipFMC average return on tangible equity for 2021 was 7.24, a 101.37% 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.