• Sterling Infrastructure average return on tangible equity for 2023 was -781.49, a 1239.08% decline from 2022.
• Sterling Infrastructure average return on tangible equity for 2022 was -58.36, a 61.71% increase from 2021.
• Sterling Infrastructure average return on tangible equity for 2021 was -36.09, a 10.47% 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.