• Glaukos average return on tangible equity for 2023 was -93.76, a 148.96% decline from 2022.
• Glaukos average return on tangible equity for 2022 was -37.66, a 32.75% increase from 2021.
• Glaukos average return on tangible equity for 2021 was -28.37, a 18.41% 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.