Aerojet Rocketdyne Holdings Inc
NYSE:AJRD
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
Aerojet Rocketdyne Holdings Inc Competitors
Country | US |
Market Cap | 4.6B USD |
ROIC |
8%
|
Country | US |
Market Cap | 135B USD |
ROIC |
2%
|
Country | NL |
Market Cap | 124.8B EUR |
ROIC |
4%
|
Country | US |
Market Cap | 111.1B USD |
ROIC |
15%
|
Country | US |
Market Cap | 102.3B USD |
ROIC |
-1%
|
Country | FR |
Market Cap | 86.7B EUR |
ROIC |
7%
|
Country | US |
Market Cap | 78.2B USD |
ROIC |
7%
|
Country | US |
Market Cap | 73.3B USD |
ROIC |
6%
|
Country | US |
Market Cap | 69.8B USD |
ROIC |
15%
|
Country | UK |
Market Cap | 40.1B GBP |
ROIC |
9%
|
Country | UK |
Market Cap | 34.1B GBP |
ROIC |
8%
|
Profitability Report
View the profitability report to see the full profitability analysis for Aerojet Rocketdyne Holdings 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 Aerojet Rocketdyne Holdings Inc's most recent financial statements, the company has ROIC of 8.1%.