Alta Equipment Group Inc
NYSE:ALTG
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
Alta Equipment Group Inc Competitors
| Country | US |
| Market Cap | 366.7m USD |
| ROIC |
15%
|
| Country | JP |
| Market Cap | 14.3T JPY |
| ROIC |
3%
|
| Country | JP |
| Market Cap | 10.7T JPY |
| ROIC |
4%
|
| Country | JP |
| Market Cap | 9.6T JPY |
| ROIC |
5%
|
| Country | US |
| Market Cap | 46.2B USD |
| ROIC |
31%
|
| Country | UK |
| Market Cap | 34.8B GBP |
| ROIC |
16%
|
| Country | US |
| Market Cap | 42.6B USD |
| ROIC |
12%
|
| Country | IN |
| Market Cap | 3.4T INR |
| ROIC |
6%
|
| Country | US |
| Market Cap | 38.6B USD |
| ROIC |
29%
|
| Country | UK |
| Market Cap | 24.5B GBP |
| ROIC |
13%
|
| Country | JP |
| Market Cap | 4.6T JPY |
| ROIC |
4%
|
Profitability Report
View the profitability report to see the full profitability analysis for Alta Equipment Group 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 Alta Equipment Group Inc's most recent financial statements, the company has ROIC of 14.7%.
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