• Federal Realty Investment Trust average return on tangible equity for 2023 was 10.54, a 8.67% decline from 2022.
• Federal Realty Investment Trust average return on tangible equity for 2022 was 11.54, a 56.79% decline from 2021.
• Federal Realty Investment Trust average return on tangible equity for 2021 was 7.36, a 16.55% 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.