• Burlington Stores average return on tangible equity for 2023 was 56.1, a 8.41% increase from 2022.
• Burlington Stores average return on tangible equity for 2022 was 61.25, a 284.49% decline from 2021.
• Burlington Stores average return on tangible equity for 2021 was 15.93, a 57.61% 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.