• Insmed average return on tangible equity for 2023 was 249.93, a 2298.56% decline from 2022.
• Insmed average return on tangible equity for 2022 was 10.42, a 107.57% increase from 2021.
• Insmed average return on tangible equity for 2021 was -137.68, a 31.93% 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.