• Rithm Capital average return on tangible equity for 2023 was 7.54, a 46.22% decline from 2022.
• Rithm Capital average return on tangible equity for 2022 was 14.02, a 44.54% decline from 2021.
• Rithm Capital average return on tangible equity for 2021 was 9.7, a 144.93% 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.