• Abercrombie & Fitch average return on tangible equity for 2023 was 12.04, a 28.46% increase from 2022.
• Abercrombie & Fitch average return on tangible equity for 2022 was 16.83, a 3.82% decline from 2021.
• Abercrombie & Fitch average return on tangible equity for 2021 was 16.21, a 246.04% 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.