10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year.
Asbury Automotive Group's 10-Year ROIIC % for the quarter that ended in Dec. 2023 was 8.37%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Asbury Automotive Group's 10-Year ROIIC % or its related term are showing as below:
ABG's 10-Year ROIIC % is ranked better than 67.28% of 1195
companies
in the Vehicles & Parts industry
Industry Median: 3.05
vs ABG: 8.37
Asbury Automotive Group 10-Year ROIIC % Historical Data
* 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 Asbury Automotive Group's 10-Year ROIIC %
For the Auto & Truck Dealerships subindustry, Asbury Automotive Group's 10-Year ROIIC %, along with its competitors' market caps and 10-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.
Asbury Automotive Group's 10-Year ROIIC % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Asbury Automotive Group's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Asbury Automotive Group's 10-Year ROIIC % falls into.
Asbury Automotive Group 10-Year ROIIC % Calculation
Asbury Automotive Group's 10-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:
10-Year ROIIC %
=
10-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
10-Year Incremental Invested Capital**
=
( 805.05933 (Dec. 2023) - 138.28276 (Dec. 2013) )
/
( 9713.4 (Dec. 2023) - 1745.6 (Dec. 2013) )
=
666.77657
/
7967.8
=
8.37%***
* 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 10-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.
Asbury Automotive Group (NYSE:ABG) 10-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.
Asbury Automotive Group 10-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Asbury Automotive Group's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Asbury Automotive Group (Asbury Automotive Group) Business Description
Asbury Automotive Group is a regional collection of automobile dealerships that went public in March 2002. The company operates 138 new-vehicle stores, seven used-vehicle stores, and 32 collision centers. Over 70% of new-vehicle revenue is from luxury and import brands. Asbury also offers third-party financing and insurance products and its own F&I products via Total Care Auto. Asbury operates in 14 states (mostly Texas, the West, and the Southeast). Asbury store brands include David McDavid and Park Place in Texas, and the Larry H. Miller brand in the Western U.S. It plans to acquire Koons in the Washington, D.C. area in late 2023 or early 2024. Asbury generated $15.4 billion of revenue in 2022 and is based in the Atlanta area. The firm targets about $32 billion in 2025.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ABG has been successfully added to your 