• Carnival average return on equity for 2023 was -35.52, a 51.55% decline from 2022.
• Carnival average return on equity for 2022 was -73.32, a 38.24% decline from 2021.
• Carnival average return on equity for 2021 was -53.04, a 145.1% 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.