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Advance Auto Parts Inc
NYSE:AAP

Watchlist Manager
Advance Auto Parts Inc Logo
Advance Auto Parts Inc
NYSE:AAP
Watchlist
Price: 78 USD 1.01% Market Closed
Updated: Apr 24, 2024

ROIC
Return on Invested Capital

1.4%
Current
7%
Average
4.1%
Industry
Positive for the last year
1.4%
Positive average
7%
Worse than average
Worse than industry value

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
1.4%
=
NOPAT
106.8m
/
Invested Capital
7.9B

ROIC Across Competitors

ROIC Comparison
Advance Auto Parts Inc Competitors

Country US
Market Cap 4.6B USD
ROIC
1%
Country US
Market Cap 64.5B USD
ROIC
35%
Country US
Market Cap 51.3B USD
ROIC
35%
Country ZA
Market Cap 13.9B Zac
ROIC
9%
Country US
Market Cap 13.1B USD
ROIC
-1%
Country US
Market Cap 11B USD
ROIC
1%
Country TW
Market Cap 339.8B TWD
ROIC
2%
Country US
Market Cap 10.2B USD
ROIC
7%
Country ZA
Market Cap 9.3B Zac
ROIC
6%
Country US
Market Cap 8.7B USD
ROIC
20%
Country US
Market Cap 7.2B USD
ROIC
8%

Profitability Report

View the profitability report to see the full profitability analysis for Advance Auto Parts Inc.

See Also

Discover More
What is Return on Invested Capital?

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
1.4%
=
NOPAT
106.8m
/
Invested Capital
7.9B
What is the ROIC of Advance Auto Parts Inc?

Based on Advance Auto Parts Inc's most recent financial statements, the company has ROIC of 1.4%.