• Clean Harbors average return on tangible equity for 2023 was -264.51, a 16% decline from 2022.
• Clean Harbors average return on tangible equity for 2022 was -228.03, a 572.9% increase from 2021.
• Clean Harbors average return on tangible equity for 2021 was 48.22, a 32.87% 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.