• Verizon average return on equity for 2023 was 20.1, a 17.89% decline from 2022.
• Verizon average return on equity for 2022 was 24.48, a 14.32% decline from 2021.
• Verizon average return on equity for 2021 was 28.57, a 2.32% 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.