• Beacon Roofing Supply average return on tangible equity for 2023 was 312.63, a 113.25% decline from 2022.
• Beacon Roofing Supply average return on tangible equity for 2022 was -2360, a 15385.56% decline from 2021.
• Beacon Roofing Supply average return on tangible equity for 2021 was -15.24, a 116.54% 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.