• Marsh & McLennan average return on tangible equity for 2023 was -45.1, a 9.81% increase from 2022.
• Marsh & McLennan average return on tangible equity for 2022 was -41.07, a 32.36% increase from 2021.
• Marsh & McLennan average return on tangible equity for 2021 was -31.03, a 47.55% increase 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.