• Alphabet average return on equity for 2023 was 24.7, a 9.19% increase from 2022.
• Alphabet average return on equity for 2022 was 27.2, a 3.89% decline from 2021.
• Alphabet average return on equity for 2021 was 28.3, a 63.11% 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.