• Colliers Group average return on tangible equity for 2023 was -1.46, a 123.78% increase from 2022.
• Colliers Group average return on tangible equity for 2022 was 6.14, a 76.12% decline from 2021.
• Colliers Group average return on tangible equity for 2021 was 25.71, a 436.96% decline 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.