• Applied Materials average return on equity for 2023 was 48.99, a 11.43% decline from 2022.
• Applied Materials average return on equity for 2022 was 55.31, a 27.18% decline from 2021.
• Applied Materials average return on equity for 2021 was 43.49, a 22.03% 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.