• Avangrid average return on equity for 2023 was 3.16, a 27.36% increase from 2022.
• Avangrid average return on equity for 2022 was 4.35, a 8.48% decline from 2021.
• Avangrid average return on equity for 2021 was 4.01, a 0.74% 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.