• Enstar Group average return on tangible equity for 2023 was 9.02, a 173.75% increase from 2022.
• Enstar Group average return on tangible equity for 2022 was -12.23, a 151.28% decline from 2021.
• Enstar Group average return on tangible equity for 2021 was 23.85, a 41.04% 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.