TELUS Return On Tangible Equity 2010-2025 | TU
- TELUS average return on tangible equity for 2024 was -6.57, a 29.73% increase from 2023.
- TELUS average return on tangible equity for 2023 was -9.35, a 55.39% decline from 2022.
- TELUS average return on tangible equity for 2022 was -20.96, a 19.7% decline from 2021.
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.