• Arcadium Lithium average return on tangible equity for 2023 was 22.58, a 52.26% decline from 2022.
• Arcadium Lithium average return on tangible equity for 2022 was 14.83, a 1102.03% increase from 2021.
• Arcadium Lithium average return on tangible equity for 2021 was -1.48, a 272.09% 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.