• Carlisle average return on tangible equity for 2023 was -342.09, a 394.21% decline from 2022.
• Carlisle average return on tangible equity for 2022 was -69.22, a 31.36% increase from 2021.
• Carlisle average return on tangible equity for 2021 was -100.85, a 56.89% 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.