• Advanced Drainage Systems average return on equity for 2023 was 51.28, a 42.4% decline from 2022.
• Advanced Drainage Systems average return on equity for 2022 was 36.01, a 84.29% increase from 2021.
• Advanced Drainage Systems average return on equity for 2021 was 19.54, a 255.92% 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.