• Western Digital average return on tangible equity for 2023 was -194.64, a 348.55% decline from 2022.
• Western Digital average return on tangible equity for 2022 was 78.31, a 119.55% decline from 2021.
• Western Digital average return on tangible equity for 2021 was -400.57, a 4840.47% 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.