• Brown-Forman average return on equity for 2023 was 24.68, a 21.23% increase from 2022.
• Brown-Forman average return on equity for 2022 was 31.33, a 8.28% decline from 2021.
• Brown-Forman average return on equity for 2021 was 34.16, a 24.92% 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.