• Roku average return on tangible equity for 2023 was -31.06, a 396.17% decline from 2022.
• Roku average return on tangible equity for 2022 was -6.26, a 154.53% increase from 2021.
• Roku average return on tangible equity for 2021 was 11.48, a 177.31% 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.