• GoDaddy average return on tangible equity for 2023 was -11.43, a 73.71% increase from 2022.
• GoDaddy average return on tangible equity for 2022 was -6.58, a 978.69% increase from 2021.
• GoDaddy average return on tangible equity for 2021 was -0.61, a 107.52% increase 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.