• Permian Resources average return on tangible equity for 2024 was 8.82, a 7.82% increase from 2023.
• Permian Resources average return on tangible equity for 2023 was 8.18, a 35.69% increase from 2022.
• Permian Resources average return on tangible equity for 2022 was 12.72, a 483.13% decline from 2021.

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.