• Thermo Fisher Scientific average return on equity for 2023 was 13.54, a 23.29% decline from 2022.
• Thermo Fisher Scientific average return on equity for 2022 was 17.65, a 24.09% decline from 2021.
• Thermo Fisher Scientific average return on equity for 2021 was 23.25, a 50.1% 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.