• Ventas average return on tangible equity for 2023 was -0.07, a 138.89% increase from 2022.
• Ventas average return on tangible equity for 2022 was 0.18, a 78.57% decline from 2021.
• Ventas average return on tangible equity for 2021 was 0.84, a 83.72% 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.