• HubSpot average return on tangible equity for 2023 was -17.45, a 47.38% decline from 2022.
• HubSpot average return on tangible equity for 2022 was -11.84, a 4.87% increase from 2021.
• HubSpot average return on tangible equity for 2021 was -11.29, a 1.31% 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.