• A O Smith average return on equity for 2023 was 18.86, a 22.16% increase from 2022.
• A O Smith average return on equity for 2022 was 24.23, a 1.1% decline from 2021.
• A O Smith average return on equity for 2021 was 24.5, a 27.27% 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.