3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Legal & General Group's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -1.76%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Legal & General Group's 3-Year ROIIC % or its related term are showing as below:
LGGNY's 3-Year ROIIC % is ranked worse than 61.48% of 610
companies
in the Asset Management industry
Industry Median: 2.215
vs LGGNY: -1.76
Legal & General Group 3-Year ROIIC % Historical Data
The historical data trend for Legal & General Group's 3-Year ROIIC % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Legal & General Group's 3-Year ROIIC %
For the Asset Management subindustry, Legal & General Group's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Legal & General Group's 3-Year ROIIC % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Legal & General Group's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Legal & General Group's 3-Year ROIIC % falls into.
Legal & General Group 3-Year ROIIC % Calculation
Legal & General Group's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Legal & General Group (OTCPK:LGGNY) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Legal & General Group 3-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Legal & General Group's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Legal & General Group (Legal & General Group) Business Description
Legal & General Group PLC operates across four broad business areas of retirement, investment management, capital investment, and insurance. The retirement business provides provide guaranteed retirement income for corporate pension scheme members. Investment Management business provides investment management services for both individuals and corporations, including managing pension funds. Capital investment use customers' pension assets, as well as the group's shareholder capital, to make long-term investments in assets such as clean energy, housing, and SME finance. The Insurance business provides various types of insurance, including life and disability insurance. The company has a global presence but most of its assets under management are derived from the United Kingdom and Europe.
Legal & General Group (Legal & General Group) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
LGGNY has been successfully added to your 