Cactus Return On Tangible Equity 2016-2024 | WHD
- Cactus average return on tangible equity for 2023 was 23.87, a 74.62% increase from 2022.
- Cactus average return on tangible equity for 2022 was 13.67, a 108.38% increase from 2021.
- Cactus average return on tangible equity for 2021 was 6.56, a 39.2% 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.