• Intel average return on tangible equity for 2023 was -1.39, a 105.36% decline from 2022.
• Intel average return on tangible equity for 2022 was 25.94, a 37.42% decline from 2021.
• Intel average return on tangible equity for 2021 was 41.45, a 24.51% 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.