• NIKE average return on equity for 2023 was 35.6, a 9.69% increase from 2022.
• NIKE average return on equity for 2022 was 39.42, a 12.65% decline from 2021.
• NIKE average return on equity for 2021 was 45.13, a 32.38% 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.