• Ahold average return on tangible equity for 2024 was 96.14, a 7.98% increase from 2023.
• Ahold average return on tangible equity for 2023 was 104.48, a 43.41% decline from 2022.
• Ahold average return on tangible equity for 2022 was 184.64, a 9.34% decline from 2021.

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.