• Fortive average return on equity for 2023 was 8.29, a 14.19% increase from 2022.
• Fortive average return on equity for 2022 was 7.26, a 53.43% increase from 2021.
• Fortive average return on equity for 2021 was 15.59, a 51.07% 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.