• TELUS average return on equity for 2023 was 6.01, a 44.51% decline from 2022.
• TELUS average return on equity for 2022 was 10.83, a 17.46% decline from 2021.
• TELUS average return on equity for 2021 was 9.22, a 22.59% 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.