• BJ's Wholesale Club Holdings average return on tangible equity for 2023 was -334.89, a 177.85% decline from 2022.
• BJ's Wholesale Club Holdings average return on tangible equity for 2022 was -120.53, a 113.21% increase from 2021.
• BJ's Wholesale Club Holdings average return on tangible equity for 2021 was -56.53, a 120.3% 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.