• Shopify average return on equity for 2023 was -14.93, a 33.17% decline from 2022.
• Shopify average return on equity for 2022 was -22.34, a 174.49% decline from 2021.
• Shopify average return on equity for 2021 was 29.99, a 2729.25% decline 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.