• Olin average return on tangible equity for 2023 was 89.87, a 46.14% decline from 2022.
• Olin average return on tangible equity for 2022 was 166.87, a 56.4% decline from 2021.
• Olin average return on tangible equity for 2021 was 382.77, a 35.4% 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.