• NXP Semiconductors average return on tangible equity for 2023 was -88.2, a 55.45% increase from 2022.
• NXP Semiconductors average return on tangible equity for 2022 was -56.74, a 80.07% increase from 2021.
• NXP Semiconductors average return on tangible equity for 2021 was -31.51, a 2817.59% 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.