Block Return On Tangible Equity 2013-2024 | SQ
- Block average return on tangible equity for 2023 was -3.79, a 74.36% decline from 2022.
- Block average return on tangible equity for 2022 was -14.78, a 171.13% decline from 2021.
- Block average return on tangible equity for 2021 was 20.78, a 0.1% 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.