• Berry Global average return on tangible equity for 2023 was -18.03, a 6.77% decline from 2022.
• Berry Global average return on tangible equity for 2022 was -19.34, a 33.75% decline from 2021.
• Berry Global average return on tangible equity for 2021 was -14.46, a 50.63% 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.