• Repsol SA average return on tangible equity for 2023 was 13.49, a 23.53% decline from 2022.
• Repsol SA average return on tangible equity for 2022 was 17.64, a 550.92% decline from 2021.
• Repsol SA average return on tangible equity for 2021 was 2.71, a 109.53% 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.