• FirstService average return on equity for 2023 was 12.98, a 13% decline from 2022.
• FirstService average return on equity for 2022 was 14.92, a 13.56% decline from 2021.
• FirstService average return on equity for 2021 was 17.26, a 297.48% 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.