• Urban Outfitters average return on tangible equity for 2023 was 11.44, a 21.21% increase from 2022.
• Urban Outfitters average return on tangible equity for 2022 was 14.52, a 14.06% decline from 2021.
• Urban Outfitters average return on tangible equity for 2021 was 12.73, a 453.48% 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.