• Reliance average return on equity for 2023 was 20.4, a 28.27% decline from 2022.
• Reliance average return on equity for 2022 was 28.44, a 58.26% decline from 2021.
• Reliance average return on equity for 2021 was 17.97, a 98.56% 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.