• Air Canada average return on equity for 2023 was -377.59, a 138.12% decline from 2022.
• Air Canada average return on equity for 2022 was 990.52, a 290.29% decline from 2021.
• Air Canada average return on equity for 2021 was -520.52, a 497.96% 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.