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Aerojet Rocketdyne Holdings Inc
NYSE:AJRD

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Aerojet Rocketdyne Holdings Inc Logo
Aerojet Rocketdyne Holdings Inc
NYSE:AJRD
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Price: 57.99 USD 1.42% Market Closed
Updated: Apr 26, 2024

ROIC
Return on Invested Capital

8.1%
Current
10%
Average
4.9%
Industry
Positive for the last year
8.1%
Positive average
10%
Worse than average
Better 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
8.1%
=
NOPAT
146.5m
/
Invested Capital
1.9B

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

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
8.1%
=
NOPAT
146.5m
/
Invested Capital
1.9B
What is the ROIC of Aerojet Rocketdyne Holdings Inc?

Based on Aerojet Rocketdyne Holdings Inc's most recent financial statements, the company has ROIC of 8.1%.