TC Energy Return On Tangible Equity 2010-2024 | TRP
- TC Energy average return on tangible equity for 2023 was 7.38, a 40.68% increase from 2022.
- TC Energy average return on tangible equity for 2022 was 12.44, a 25.66% decline from 2021.
- TC Energy average return on tangible equity for 2021 was 9.9, a 57.53% 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.