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Aecon Group (Aecon Group) 3-Year ROIIC % : 66.20% (As of Dec. 2023)


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What is Aecon Group 3-Year ROIIC %?

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. Aecon Group's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 66.20%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Aecon Group's 3-Year ROIIC % or its related term are showing as below:

AEGXF's 3-Year ROIIC % is ranked better than
89.96% of 1604 companies
in the Construction industry
Industry Median: 3.415 vs AEGXF: 66.20

Aecon Group 3-Year ROIIC % Historical Data

The historical data trend for Aecon 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.

* Premium members only.

Aecon Group 3-Year ROIIC % Chart

Aecon Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.39 52.63 -0.47 -6.15 66.20

Aecon Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 66.20 -

Competitive Comparison of Aecon Group's 3-Year ROIIC %

For the Engineering & Construction subindustry, Aecon 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.


Aecon Group's 3-Year ROIIC % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Aecon Group's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Aecon Group's 3-Year ROIIC % falls into.



Aecon Group 3-Year ROIIC % Calculation

Aecon 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)**/3-Year Incremental Invested Capital**
=( -0.8835342 (Dec. 2023) - 70.4880765 (Dec. 2020) )/( 1133.459 (Dec. 2023) - 1295.05 (Dec. 2020) )
=-71.3716107/-161.591
=44.17%***

* 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.


Aecon Group  (OTCPK:AEGXF) 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.


Aecon Group 3-Year ROIIC % Related Terms

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Aecon Group (Aecon Group) Business Description

Traded in Other Exchanges
Address
20 Carlson Court, Suite 105, Toronto, ON, CAN, M9W 7K6
Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects, mainly in the transportation sector. Its concessions segment is engaged in the development, financing, construction, and operation of infrastructure projects. The company generates the majority of its revenue from the Construction segment.

Aecon Group (Aecon Group) Headlines