• AutoZone average return on equity for 2023 was -61.26, a 30.1% decline from 2022.
• AutoZone average return on equity for 2022 was -87.64, a 39.58% decline from 2021.
• AutoZone average return on equity for 2021 was -145.04, a 31.53% 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.