• Waters average return on equity for 2023 was 108.78, a 43.23% decline from 2022.
• Waters average return on equity for 2022 was 191.6, a 61.06% decline from 2021.
• Waters average return on equity for 2021 was 491.98, a 216.26% 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.