• SPX Technologies average return on equity for 2023 was 4.63, a 75.89% increase from 2022.
• SPX Technologies average return on equity for 2022 was 19.2, a 46.49% decline from 2021.
• SPX Technologies average return on equity for 2021 was 35.88, a 86.97% 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.