• Insulet average return on tangible equity for 2023 was 23.69, a 261.68% increase from 2022.
• Insulet average return on tangible equity for 2022 was 6.55, a 206.5% increase from 2021.
• Insulet average return on tangible equity for 2021 was -6.15, a 182.55% 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.