• Champion Homes average return on tangible equity for 2023 was 31.18, a 46.53% decline from 2022.
• Champion Homes average return on tangible equity for 2022 was 58.31, a 49.63% decline from 2021.
• Champion Homes average return on tangible equity for 2021 was 38.97, a 84.17% 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.