• Heico average return on equity for 2023 was 13.96, a 2.38% increase from 2022.
• Heico average return on equity for 2022 was 14.3, a 7.92% decline from 2021.
• Heico average return on equity for 2021 was 13.25, a 31.35% 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.