• Inspire Medical Systems average return on tangible equity for 2023 was -7.15, a 57.92% decline from 2022.
• Inspire Medical Systems average return on tangible equity for 2022 was -16.99, a 18.94% decline from 2021.
• Inspire Medical Systems average return on tangible equity for 2021 was -20.96, a 31.7% 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.