• Janus Henderson Group average return on tangible equity for 2023 was 48.82, a 28.36% increase from 2022.
• Janus Henderson Group average return on tangible equity for 2022 was 68.15, a 30.72% decline from 2021.
• Janus Henderson Group average return on tangible equity for 2021 was 98.37, a 357.75% 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.