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