• Asbury Automotive average return on tangible equity for 2023 was 83.07, a 80.06% decline from 2022.
• Asbury Automotive average return on tangible equity for 2022 was 416.52, a 256.15% decline from 2021.
• Asbury Automotive average return on tangible equity for 2021 was 116.95, a 108.1% increase 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.