• Louisiana-Pacific average return on tangible equity for 2023 was 20.14, a 79.02% increase from 2022.
• Louisiana-Pacific average return on tangible equity for 2022 was 96, a 0.52% decline from 2021.
• Louisiana-Pacific average return on tangible equity for 2021 was 95.5, a 451.07% increase 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.