• Atlassian average return on tangible equity for 2023 was 212.78, a 208.96% decline from 2022.
• Atlassian average return on tangible equity for 2022 was 68.87, a 58.15% increase from 2021.
• Atlassian average return on tangible equity for 2021 was 164.55, a 86.01% 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.