• Sunoco LP average return on tangible equity for 2023 was -31.24, a 14.43% decline from 2022.
• Sunoco LP average return on tangible equity for 2022 was -36.51, a 25.51% decline from 2021.
• Sunoco LP average return on tangible equity for 2021 was -29.09, a 319.77% 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.