• Cognex average return on assets for 2023 was 7.83, a 36.19% decline from 2022.
• Cognex average return on assets for 2022 was 12.27, a 13.41% decline from 2021.
• Cognex average return on assets for 2021 was 14.17, a 47.3% decline from 2020.

Roa - return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.