• Primerica average return on tangible equity for 2023 was 32.12, a 5.38% decline from 2022.
• Primerica average return on tangible equity for 2022 was 30.48, a 23.95% increase from 2021.
• Primerica average return on tangible equity for 2021 was 24.59, a 5.4% 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.