• Snap-On average return on equity for 2023 was 21.17, a 2.57% decline from 2022.
• Snap-On average return on equity for 2022 was 20.64, a 3.88% increase from 2021.
• Snap-On average return on equity for 2021 was 19.87, a 12.39% 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.