• PVH average return on tangible equity for 2023 was -52.94, a 39.78% increase from 2022.
• PVH average return on tangible equity for 2022 was -87.91, a 3889.22% decline from 2021.
• PVH average return on tangible equity for 2021 was 2.32, a 94.1% 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.