• Masimo average return on equity for 2023 was 7.77, a 39.06% decline from 2022.
• Masimo average return on equity for 2022 was 12.75, a 21.92% decline from 2021.
• Masimo average return on equity for 2021 was 16.33, a 8.72% 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.