Allegro MicroSystems ROE - Return on Equity 2020-2024 | ALGM
- Allegro MicroSystems average return on equity for 2023 was 23.53, a 40.56% decline from 2022.
- Allegro MicroSystems average return on equity for 2022 was 16.74, a 76.58% increase from 2021.
- Allegro MicroSystems average return on equity for 2021 was 9.48, a 25.56% 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.