• EchoStar average return on tangible equity for 2024 was -11.82, a 154.57% decline from 2023.
• EchoStar average return on tangible equity for 2023 was 21.66, a 69.51% decline from 2022.
• EchoStar average return on tangible equity for 2022 was 71.04, a 197.36% decline from 2021.

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.