• Casella Waste Systems average return on tangible equity for 2023 was 30.39, a 39.1% decline from 2022.
• Casella Waste Systems average return on tangible equity for 2022 was 49.9, a 98.44% decline from 2021.
• Casella Waste Systems average return on tangible equity for 2021 was 3199.91, a 5542.02% 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.