• Albertsons average return on tangible equity for 2023 was -85.16, a 89.55% increase from 2022.
• Albertsons average return on tangible equity for 2022 was -814.65, a 1453.19% decline from 2021.
• Albertsons average return on tangible equity for 2021 was -52.45, a 60.09% 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.