• Halliburton average return on tangible equity for 2023 was 43.57, a 10.39% decline from 2022.
• Halliburton average return on tangible equity for 2022 was 39.47, a 4437.36% increase from 2021.
• Halliburton average return on tangible equity for 2021 was -0.91, a 98.99% 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.