• Brixmor Property Group average return on tangible equity for 2023 was 12.1, a 5.4% decline from 2022.
• Brixmor Property Group average return on tangible equity for 2022 was 11.48, a 56.83% increase from 2021.
• Brixmor Property Group average return on tangible equity for 2021 was 7.32, a 4.42% 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.