• Carrier Global average return on equity for 2023 was 22.36, a 47.93% increase from 2022.
• Carrier Global average return on equity for 2022 was 42.94, a 28.91% decline from 2021.
• Carrier Global average return on equity for 2021 was 33.31, a 3.64% 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.