• Carlisle average return on tangible equity for 2023 was -341.19, a 393.33% decline from 2022.
• Carlisle average return on tangible equity for 2022 was -69.16, a 31.42% 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.