• Public Service Enterprise Group average return on tangible equity for 2023 was 18.15, a 2186.21% decline from 2022.
• Public Service Enterprise Group average return on tangible equity for 2022 was -0.87, a 124.65% decline from 2021.
• Public Service Enterprise Group average return on tangible equity for 2021 was 3.53, a 69.41% 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.