• Stride average return on tangible equity for 2023 was 24.51, a 12.59% increase from 2022.
• Stride average return on tangible equity for 2022 was 21.77, a 43.6% increase from 2021.
• Stride average return on tangible equity for 2021 was 15.16, a 88.32% 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.