• Tenable Holdings average return on tangible equity for 2023 was 77.04, a 9.62% decline from 2022.
• Tenable Holdings average return on tangible equity for 2022 was 85.24, a 147.71% decline from 2021.
• Tenable Holdings average return on tangible equity for 2021 was -178.68, a 27.07% 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.