• Tower Semiconductor average return on equity for 2023 was 20, a 52.32% decline from 2022.
• Tower Semiconductor average return on equity for 2022 was 13.13, a 64.33% increase from 2021.
• Tower Semiconductor average return on equity for 2021 was 7.99, a 39.2% 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.