• Cognex average return on equity for 2023 was 10.66, a 37.77% decline from 2022.
• Cognex average return on equity for 2022 was 17.13, a 13.79% decline from 2021.
• Cognex average return on equity for 2021 was 19.87, a 53.08% 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.