• Americold Realty Trust average return on tangible equity for 2023 was -7.71, a 511.9% increase from 2022.
• Americold Realty Trust average return on tangible equity for 2022 was -1.26, a 40.85% increase from 2021.
• Americold Realty Trust average return on tangible equity for 2021 was -2.13, a 137.5% 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.