• AppFolio average return on equity for 2023 was -20.91, a 33.7% decline from 2022.
• AppFolio average return on equity for 2022 was -15.64, a 156.08% increase from 2021.
• AppFolio average return on equity for 2021 was 27.89, a 49.3% 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.