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Applied Industrial Technologies Inc
NYSE:AIT

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Applied Industrial Technologies Inc Logo
Applied Industrial Technologies Inc
NYSE:AIT
Watchlist
Price: 178.94 USD
Updated: Apr 26, 2024

ROIC
Return on Invested Capital

18.1%
Current
16%
Average
4.9%
Industry

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
18.1%
=
NOPAT
382m
/
Invested Capital
2.1B

ROIC Across Competitors

ROIC Comparison
Applied Industrial Technologies Inc Competitors

Country US
Market Cap 6.9B USD
ROIC
18%
Country JP
Market Cap 14.6T JPY
ROIC
3%
Country JP
Market Cap 11.3T JPY
ROIC
4%
Country JP
Market Cap 10T JPY
ROIC
5%
Country US
Market Cap 46.5B USD
ROIC
31%
Country US
Market Cap 46.4B USD
ROIC
12%
Country UK
Market Cap 34.9B GBP
ROIC
16%
Country IN
Market Cap 3.5T INR
ROIC
6%
Country US
Market Cap 39.2B USD
ROIC
29%
Country UK
Market Cap 26B GBP
ROIC
13%
Country JP
Market Cap 4.8T JPY
ROIC
4%

Profitability Report

View the profitability report to see the full profitability analysis for Applied Industrial Technologies Inc.

See Also

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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
18.1%
=
NOPAT
382m
/
Invested Capital
2.1B
What is the ROIC of Applied Industrial Technologies Inc?

Based on Applied Industrial Technologies Inc's most recent financial statements, the company has ROIC of 18.1%.