• Curtiss-Wright average return on tangible equity for 2023 was -40.24, a 71.76% decline from 2022.
• Curtiss-Wright average return on tangible equity for 2022 was -142.47, a 21.28% decline from 2021.
• Curtiss-Wright average return on tangible equity for 2021 was -180.99, a 337.83% 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.