• Nasdaq average return on equity for 2023 was 17.22, a 7.82% decline from 2022.
• Nasdaq average return on equity for 2022 was 18.68, a 5.54% decline from 2021.
• Nasdaq average return on equity for 2021 was 17.7, a 18.95% 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.