• Caterpillar average return on equity for 2023 was 49.2, a 18.13% increase from 2022.
• Caterpillar average return on equity for 2022 was 41.65, a 38.33% increase from 2021.
• Caterpillar average return on equity for 2021 was 30.11, a 11.11% 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.