• Steel Dynamics average return on equity for 2023 was 35.4, a 43.18% decline from 2022.
• Steel Dynamics average return on equity for 2022 was 62.3, a 54.82% decline from 2021.
• Steel Dynamics average return on equity for 2021 was 40.24, a 187.63% 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.