• Ashtead Group average return on equity for 2023 was 28.38, a 6.73% decline from 2022.
• Ashtead Group average return on equity for 2022 was 26.59, a 17.71% increase from 2021.
• Ashtead Group average return on equity for 2021 was 22.59, a 5.68% 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.