• CGI average return on tangible equity for 2023 was -96.9, a 37.58% increase from 2022.
• CGI average return on tangible equity for 2022 was -70.43, a 11.92% increase from 2021.
• CGI average return on tangible equity for 2021 was -62.93, a 7.22% 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.