• Meta Platforms average return on tangible equity for 2023 was 25.55, a 11.68% increase from 2022.
• Meta Platforms average return on tangible equity for 2022 was 28.93, a 16.51% decline from 2021.
• Meta Platforms average return on tangible equity for 2021 was 34.65, a 21.45% 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.