• Curtiss-Wright average return on tangible equity for 2023 was -221.04, a 67.67% decline from 2022.
• Curtiss-Wright average return on tangible equity for 2022 was -131.83, a 15.78% increase from 2021.
• Curtiss-Wright average return on tangible equity for 2021 was -156.53, a 26.64% 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.