• Huntington Ingalls Industries average return on tangible equity for 2023 was 685.05, a 1092.25% decline from 2022.
• Huntington Ingalls Industries average return on tangible equity for 2022 was -69.04, a 70.81% decline from 2021.
• Huntington Ingalls Industries average return on tangible equity for 2021 was -236.49, a 33.07% 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.