• Suzano S.A average return on tangible equity for 2023 was 88.62, a 86.92% decline from 2022.
• Suzano S.A average return on tangible equity for 2022 was 677.53, a 555.27% decline from 2021.
• Suzano S.A average return on tangible equity for 2021 was -148.82, a 155.62% 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.