• Lumen Technologies average return on tangible equity for 2023 was 108.07, a 1191.62% decline from 2022.
• Lumen Technologies average return on tangible equity for 2022 was -9.9, a 1577.61% decline from 2021.
• Lumen Technologies average return on tangible equity for 2021 was 0.67, a 119.25% 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.