• Dollar Tree average return on tangible equity for 2023 was 37.87, a 33.35% decline from 2022.
• Dollar Tree average return on tangible equity for 2022 was 56.82, a 19.37% decline from 2021.
• Dollar Tree average return on tangible equity for 2021 was 70.47, a 16.68% 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.