Group 1 Automotive Return On Tangible Equity 2010-2024 | GPI
- Group 1 Automotive average return on tangible equity for 2023 was 738.64, a 82.72% decline from 2022.
- Group 1 Automotive average return on tangible equity for 2022 was 4275.19, a 2466.91% decline from 2021.
- Group 1 Automotive average return on tangible equity for 2021 was 166.55, a 79.73% 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.