• Floor & Decor Holdings average return on tangible equity for 2023 was 21.21, a 25.29% decline from 2022.
• Floor & Decor Holdings average return on tangible equity for 2022 was 28.39, a 24.95% decline from 2021.
• Floor & Decor Holdings average return on tangible equity for 2021 was 37.83, a 7.96% 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.