• Paramount Global average return on tangible equity for 2023 was -23.5, a 125.46% increase from 2022.
• Paramount Global average return on tangible equity for 2022 was 92.29, a 99.94% decline from 2021.
• Paramount Global average return on tangible equity for 2021 was 164830.33, a 103773.39% 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.