• CyberArk Software average return on tangible equity for 2024 was -4.5, a 77.7% increase from 2023.
• CyberArk Software average return on tangible equity for 2023 was -20.18, a 12.6% decline from 2022.
• CyberArk Software average return on tangible equity for 2022 was -23.09, a 155.14% decline from 2021.

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.