• Williams-Sonoma average return on tangible equity for 2023 was 71.17, a 14.39% decline from 2022.
• Williams-Sonoma average return on tangible equity for 2022 was 83.13, a 30.09% decline from 2021.
• Williams-Sonoma average return on tangible equity for 2021 was 63.9, a 76.57% 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.