• Ericsson average return on equity for 2023 was -4.71, a 124.19% decline from 2022.
• Ericsson average return on equity for 2022 was 19.47, a 13.7% decline from 2021.
• Ericsson average return on equity for 2021 was 22.56, a 98.07% 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.