• Stericycle average return on tangible equity for 2023 was -1.48, a 194.27% increase from 2022.
• Stericycle average return on tangible equity for 2022 was 1.57, a 502.56% decline from 2021.
• Stericycle average return on tangible equity for 2021 was -0.39, a 102.87% 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.