Scotts Miracle-Gro Co
NYSE:SMG
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
Country | US |
Market Cap | 3.7B USD |
ROIC |
6%
|
Country | US |
Market Cap | 37.8B USD |
ROIC |
5%
|
Country | CA |
Market Cap | 35.4B CAD |
ROIC |
6%
|
Country | US |
Market Cap | 14.6B USD |
ROIC |
17%
|
Country | SA |
Market Cap | 54.6B SAR |
ROIC |
25%
|
Country | CL |
Market Cap | 13B USD |
ROIC |
61%
|
Country | CN |
Market Cap | 87.5B CNY |
ROIC |
38%
|
Country | US |
Market Cap | 9.7B USD |
ROIC |
7%
|
Country | RU |
Market Cap | 859.1B RUB |
ROIC |
25%
|
Country | CN |
Market Cap | 62.5B CNY |
ROIC |
11%
|
Country | NO |
Market Cap | 80.9B NOK |
ROIC |
1%
|
Profitability Report
View the profitability report to see the full profitability analysis for Scotts Miracle-Gro Co.
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 Scotts Miracle-Gro Co's most recent financial statements, the company has ROIC of 6%.