• Global Payments average return on tangible equity for 2023 was -4.58, a 45.4% increase from 2022.
• Global Payments average return on tangible equity for 2022 was -3.15, a 66.98% increase from 2021.
• Global Payments average return on tangible equity for 2021 was -9.54, a 66.2% 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.