• Group 1 Automotive average return on tangible equity for 2023 was 762.38, a 82.9% decline from 2022.
• Group 1 Automotive average return on tangible equity for 2022 was 4458.52, a 2576.99% 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.