• IES Holdings average return on equity for 2023 was 20.64, a 82.98% increase from 2022.
• IES Holdings average return on equity for 2022 was 11.28, a 40.94% increase from 2021.
• IES Holdings average return on equity for 2021 was 19.1, a 29.58% 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.