• Companhia De Saneamento Basico Do Estado De Sao Paulo - Sabesp average return on tangible equity for 2023 was -26.75, a 5.48% increase from 2022.
• Companhia De Saneamento Basico Do Estado De Sao Paulo - Sabesp average return on tangible equity for 2022 was -25.36, a 17.41% increase from 2021.
• Companhia De Saneamento Basico Do Estado De Sao Paulo - Sabesp average return on tangible equity for 2021 was -21.6, a 45.26% 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.