• Performance Food Group average return on tangible equity for 2023 was 579.45, a 724.81% decline from 2022.
• Performance Food Group average return on tangible equity for 2022 was -92.74, a 8687.04% decline from 2021.
• Performance Food Group average return on tangible equity for 2021 was 1.08, a 101.79% 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.