Magna ROE - Return on Equity 2010-2024 | MGA
- Magna average return on equity for 2023 was 7.84, a 6.23% increase from 2022.
- Magna average return on equity for 2022 was 7.38, a 47.25% increase from 2021.
- Magna average return on equity for 2021 was 13.99, a 209.51% 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.