TYG (Tortoise Energy Infrastructure) Return-on-Tangible-Equity: 13.75% (As of May. 2026) — 448% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TYG Tortoise Energy Infrastructure Corp TYG
30 GF Score
Price $43.45
! 6 Warning Signs
View Full Analysis

What is Tortoise Energy Infrastructure Return-on-Tangible-Equity?

Tortoise Energy Infrastructure TYG +0.46% 30 Return-on-Tangible-Equity is 13.75% as of May. 2026, which is 448% above its 10-year median of 2.51. GuruFocus rates TYG with a GF Score™ of 30/100. The stock has 6 warning signs investors should review. Among 1,588 Asset Management companies, Tortoise Energy Infrastructure ranks better than 69.08% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Tortoise Energy Infrastructure's annualized net income for the quarter that ended in May. 2026 was $135.8 Mil. Tortoise Energy Infrastructure's average shareholder tangible equity for the quarter that ended in May. 2026 was $987.2 Mil. Therefore, Tortoise Energy Infrastructure's annualized Return-on-Tangible-Equity for the quarter that ended in May. 2026 was 13.75%.

The historical rank and industry rank for Tortoise Energy Infrastructure's Return-on-Tangible-Equity or its related term are showing as below:

TYG' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -93.17   Med: 2.51   Max: 44.88
Current: 15.09

During the past 9 years, Tortoise Energy Infrastructure's highest Return-on-Tangible-Equity was 44.88%. The lowest was -93.17%. And the median was 2.51%.

TYG's Return-on-Tangible-Equity is ranked better than
69.08% of 1588 companies
in the Asset Management industry
Industry Median: 7.5 vs TYG: 15.09

Tortoise Energy Infrastructure  (NYSE:TYG) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Tortoise Energy Infrastructure Return-on-Tangible-Equity Related Terms


Tortoise Energy Infrastructure Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Tortoise Energy Infrastructure's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tortoise Energy Infrastructure Return-on-Tangible-Equity Chart

Tortoise Energy Infrastructure Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 32.05 24.39 -3.78 44.88 2.51

Tortoise Energy Infrastructure Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.59 56.41 -15.30 16.02 13.75

TYG vs EOS, CRF, FRBP: Return-on-Tangible-Equity Comparison

For the Asset Management subindustry, Tortoise Energy Infrastructure's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tortoise Energy Infrastructure Return-on-Tangible-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Tortoise Energy Infrastructure's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Tortoise Energy Infrastructure's Return-on-Tangible-Equity falls into.


TYG
30GF Score
Tortoise Energy Infrastructure Corp TYG
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tortoise Energy Infrastructure Return-on-Tangible-Equity Calculation

Tortoise Energy Infrastructure's annualized Return-on-Tangible-Equity for the fiscal year that ended in Nov. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Nov. 2025 )  (A: Nov. 2024 )(A: Nov. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Nov. 2025 )  (A: Nov. 2024 )(A: Nov. 2025 )
=19.356/( (559.339+983.242 )/ 2 )
=19.356/771.2905
=2.51 %

Tortoise Energy Infrastructure's annualized Return-on-Tangible-Equity for the quarter that ended in May. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: May. 2026 )  (Q: Nov. 2025 )(Q: May. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: May. 2026 )  (Q: Nov. 2025 )(Q: May. 2026 )
=135.772/( (983.242+991.159)/ 2 )
=135.772/987.2005
=13.75 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (May. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 13.75% mean?
Tortoise Energy Infrastructure (TYG) has a Return-on-Tangible-Equity of 13.75% as of May. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Tortoise Energy Infrastructure and its competitors. This is 448% above median its historical median of 2.51. According to the industry distribution chart, Tortoise Energy Infrastructure ranks #491 out of 1588 companies in the Asset Management industry, placing it in the top 30.9%.
Is Tortoise Energy Infrastructure's Return-on-Tangible-Equity too high?
Tortoise Energy Infrastructure's current Return-on-Tangible-Equity of 13.75% is 448% above median its 10-year median of 2.51. The Asset Management industry median Return-on-Tangible-Equity is 7.50. Tortoise Energy Infrastructure's value of 13.75% is 83.3% above this industry median. Based on the distribution chart, Tortoise Energy Infrastructure ranks #491 out of 1588 companies in the Asset Management industry, which is above the industry midpoint. Overall, Tortoise Energy Infrastructure has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Tortoise Energy Infrastructure's Return-on-Tangible-Equity compare to EOS and CRF?
According to the Asset Management industry distribution chart, Tortoise Energy Infrastructure ranks #491 out of 1588 companies for Return-on-Tangible-Equity. This puts Tortoise Energy Infrastructure in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.50. Tortoise Energy Infrastructure's value of 13.75% is 83.3% above this benchmark. While the company's 10-year median is 2.51 vs. the industry median of 7.50, Tortoise Energy Infrastructure has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.50, based on 1,588 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tortoise Energy Infrastructure's current Return-on-Tangible-Equity of 13.75% is 83.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Tortoise Energy Infrastructure and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tortoise Energy Infrastructure's current Return-on-Tangible-Equity is 13.75%, which is 448% above median its own 10-year median of 2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tortoise Energy Infrastructure stock overvalued right now?
Tortoise Energy Infrastructure (TYG) has a current Return-on-Tangible-Equity of 13.75%. The current Return-on-Tangible-Equity is 13.75%, which is 448% above median its 10-year median of 2.51 and 83.3% above the Asset Management industry median of 7.50. Tortoise Energy Infrastructure's overall GF Score™ is 30/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Tortoise Energy Infrastructure (TYG), the current Return-on-Tangible-Equity is 13.75% as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tortoise Energy Infrastructure Business Description

Address 5901 College Boulevard, Suite 400, Overland Park, KS, USA, 66211
Tortoise Energy Infrastructure Corp seeks to provide a high level of current income to stockholders. It invests in fixed-income and dividend-paying equity securities of power and energy infrastructure companies that provide stable and defensive characteristics throughout economic cycles.
30GF Score

Get the complete analysis for TYG

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$43.45
Price