• Levi Strauss average return on tangible equity for 2023 was 28.73, a 45.66% decline from 2022.
• Levi Strauss average return on tangible equity for 2022 was 52.87, a 102.8% decline from 2021.
• Levi Strauss average return on tangible equity for 2021 was 26.07, a 690% 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.