• Silicon Laboratories average return on tangible equity for 2023 was 4.51, a 93.62% decline from 2022.
• Silicon Laboratories average return on tangible equity for 2022 was 70.71, a 29.34% decline from 2021.
• Silicon Laboratories average return on tangible equity for 2021 was 100.07, a 2742.9% 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.