• Vistra average return on tangible equity for 2023 was 116.14, a 379.79% decline from 2022.
• Vistra average return on tangible equity for 2022 was -41.51, a 47.05% decline from 2021.
• Vistra average return on tangible equity for 2021 was -78.4, a 422.5% 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.