• Interpublic Group Of average return on tangible equity for 2023 was -45.33, a 3.3% decline from 2022.
• Interpublic Group Of average return on tangible equity for 2022 was -43.88, a 72.01% increase from 2021.
• Interpublic Group Of average return on tangible equity for 2021 was -25.51, a 61.05% 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.