• Sealed Air average return on tangible equity for 2023 was -14.03, a 44.7% increase from 2022.
• Sealed Air average return on tangible equity for 2022 was -25.37, a 17.95% decline from 2021.
• Sealed Air average return on tangible equity for 2021 was -21.51, a 26.08% 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.