• Marvell Technology average return on tangible equity for 2023 was 31.63, a 109.19% increase from 2022.
• Marvell Technology average return on tangible equity for 2022 was 15.12, a 69.23% increase from 2021.
• Marvell Technology average return on tangible equity for 2021 was 49.14, a 82.7% 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.