• GSK average return on tangible equity for 2023 was -114.51, a 42.32% decline from 2022.
• GSK average return on tangible equity for 2022 was -80.46, a 236.65% increase from 2021.
• GSK average return on tangible equity for 2021 was -23.9, a 11.19% 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.