• Sandvik AB average return on equity for 2023 was 14.72, a 15.93% decline from 2022.
• Sandvik AB average return on equity for 2022 was 17.51, a 4% decline from 2021.
• Sandvik AB average return on equity for 2021 was 18.24, a 73.88% 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.