• Morningstar average return on equity for 2023 was 5.03, a 52.23% increase from 2022.
• Morningstar average return on equity for 2022 was 10.53, a 39.59% decline from 2021.
• Morningstar average return on equity for 2021 was 17.43, a 9.97% 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.