• GameStop average return on tangible equity for 2023 was -12, a 61.11% decline from 2022.
• GameStop average return on tangible equity for 2022 was -30.86, a 25.24% decline from 2021.
• GameStop average return on tangible equity for 2021 was -24.64, a 66.94% 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.