• KBR average return on tangible equity for 2023 was 4.32, a 146.65% decline from 2022.
• KBR average return on tangible equity for 2022 was -9.26, a 69.29% decline from 2021.
• KBR average return on tangible equity for 2021 was -5.47, a 245.09% 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.