• Carvana average return on equity for 2023 was 161.64, a 121.16% decline from 2022.
• Carvana average return on equity for 2022 was -763.83, a 4853.5% decline from 2021.
• Carvana average return on equity for 2021 was -15.42, a 62.69% increase from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.