• Loblaw average return on tangible equity for 2023-06-30 was 0, a 0% decline from 2023-09-30.
• Loblaw average return on tangible equity for 2023-09-30 was 0, a 0% decline from 2023-12-31.
• Loblaw average return on tangible equity for 2023-12-31 was 0, a 0% decline from 2024-03-31.

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.