• Kirby average return on tangible equity for 2023 was 7.13, a 402.12% increase from 2022.
• Kirby average return on tangible equity for 2022 was -2.36, a 37.23% decline from 2021.
• Kirby average return on tangible equity for 2021 was -3.76, a 68.16% 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.