• Suncor Energy average return on tangible equity for 2023 was 20.66, a 12.35% decline from 2022.
• Suncor Energy average return on tangible equity for 2022 was 23.57, a 279.55% decline from 2021.
• Suncor Energy average return on tangible equity for 2021 was 6.21, a 148.52% 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.