• IES Holdings average return on assets for 2023 was 9.08, a 88.77% increase from 2022.
• IES Holdings average return on assets for 2022 was 4.81, a 47.49% increase from 2021.
• IES Holdings average return on assets for 2021 was 9.16, a 20.69% decline from 2020.

Roa - return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.