• West Fraser Timber average return on tangible equity for 2023 was 2.54, a 94.97% decline from 2022.
• West Fraser Timber average return on tangible equity for 2022 was 50.54, a 40.39% decline from 2021.
• West Fraser Timber average return on tangible equity for 2021 was 84.78, a 45.3% 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.