• Jacobs Solutions average return on tangible equity for 2023 was -31.08, a 57.69% increase from 2022.
• Jacobs Solutions average return on tangible equity for 2022 was -19.71, a 36.83% increase from 2021.
• Jacobs Solutions average return on tangible equity for 2021 was -31.2, a 82.77% 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.