• Applied Industrial Technologies average return on equity for 2023 was 25.71, a 4.64% decline from 2022.
• Applied Industrial Technologies average return on equity for 2022 was 24.57, a 40.72% increase from 2021.
• Applied Industrial Technologies average return on equity for 2021 was 17.46, a 1056.29% 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.