• Acadia Healthcare average return on tangible equity for 2023 was 25.24, a 69.9% decline from 2022.
• Acadia Healthcare average return on tangible equity for 2022 was 83.86, a 128.19% decline from 2021.
• Acadia Healthcare average return on tangible equity for 2021 was -297.47, a 168.92% 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.