• NextEra Energy average return on tangible equity for 2023 was 16.05, a 116.02% decline from 2022.
• NextEra Energy average return on tangible equity for 2022 was 7.43, a 10.48% increase from 2021.
• NextEra Energy average return on tangible equity for 2021 was 8.3, a 11.42% 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.