• Bright Horizons Family Solutions average return on tangible equity for 2023 was -8.77, a 38.59% increase from 2022.
• Bright Horizons Family Solutions average return on tangible equity for 2022 was -14.28, a 70.2% decline from 2021.
• Bright Horizons Family Solutions average return on tangible equity for 2021 was -8.39, a 40.07% 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.