• Las Vegas Sands average return on tangible equity for 2023 was 9.95, a 80.94% increase from 2022.
• Las Vegas Sands average return on tangible equity for 2022 was 52.2, a 225.87% decline from 2021.
• Las Vegas Sands average return on tangible equity for 2021 was -41.47, a 1071.47% 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.