• Rogers Communication average return on tangible equity for 2023 was -13.74, a 58.02% decline from 2022.
• Rogers Communication average return on tangible equity for 2022 was -32.73, a 37.79% decline from 2021.
• Rogers Communication average return on tangible equity for 2021 was -52.61, a 7.6% 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.