• International Consolidated Airlines Group SA average return on tangible equity for 2023 was -411.3, a 1891.77% decline from 2022.
• International Consolidated Airlines Group SA average return on tangible equity for 2022 was -20.65, a 105.73% increase from 2021.
• International Consolidated Airlines Group SA average return on tangible equity for 2021 was 360.34, a 558.4% 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.