• Chevron average return on equity for 2023 was 17.59, a 12.44% decline from 2022.
• Chevron average return on equity for 2022 was 20.09, a 409.9% decline from 2021.
• Chevron average return on equity for 2021 was 3.94, a 200% 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.