• Lamb Weston average return on tangible equity for 2023 was 358.39, a 42.07% decline from 2022.
• Lamb Weston average return on tangible equity for 2022 was 618.69, a 113.2% decline from 2021.
• Lamb Weston average return on tangible equity for 2021 was -4688.21, a 1030.64% 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.