• TotalEnergies SE average return on tangible equity for 2023 was 25.65, a 10.8% decline from 2022.
• TotalEnergies SE average return on tangible equity for 2022 was 23.15, a 143.68% increase from 2021.
• TotalEnergies SE average return on tangible equity for 2021 was 9.5, a 444.2% 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.