• Texas Instruments average return on tangible equity for 2023 was 67.33, a 27.85% decline from 2022.
• Texas Instruments average return on tangible equity for 2022 was 93.32, a 23.99% decline from 2021.
• Texas Instruments average return on tangible equity for 2021 was 122.77, a 12.29% 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.