• Carpenter Technology average return on equity for 2023 was 5.96, a 256.02% increase from 2022.
• Carpenter Technology average return on equity for 2022 was -3.82, a 75.62% decline from 2021.
• Carpenter Technology average return on equity for 2021 was -15.67, a 555.65% 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.