• Grand Canyon Education average return on equity for 2023 was 30.26, a 21.48% decline from 2022.
• Grand Canyon Education average return on equity for 2022 was 24.91, a 42.34% increase from 2021.
• Grand Canyon Education average return on equity for 2021 was 17.5, a 0.46% 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.