• KKR average return on tangible equity for 2023 was 3.36, a 131.72% increase from 2022.
• KKR average return on tangible equity for 2022 was 1.45, a 87.45% increase from 2021.
• KKR average return on tangible equity for 2021 was 11.55, a 375.31% 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.