Even when ROE is calculated using an average of shareholders' equity over a given period, such as a year, the formula still leans toward a short-term focus typically. In reality, the long-term ...
In 2024, stockholder equity was $25.268 billion. In 2023, it was $6.814 billion. To calculate ROE, average shareholders' equity for 2024 and 2023 ($25.268bn + $6.814bn ÷ 2 = $16.041 bn), and ...