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Great-West Lifeco (Great-West Lifeco) 10-Year ROIIC % : 0.23% (As of Dec. 2023)


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What is Great-West Lifeco 10-Year ROIIC %?

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. Great-West Lifeco's 10-Year ROIIC % for the quarter that ended in Dec. 2023 was 0.23%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Great-West Lifeco's 10-Year ROIIC % or its related term are showing as below:

GWLIF's 10-Year ROIIC % is ranked worse than
65.25% of 282 companies
in the Insurance industry
Industry Median: 1.795 vs GWLIF: 0.23

Great-West Lifeco 10-Year ROIIC % Historical Data

The historical data trend for Great-West Lifeco's 10-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.

Great-West Lifeco 10-Year ROIIC % Chart

Great-West Lifeco Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.41 0.38 0.38 0.23

Great-West Lifeco Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
10-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 - - - 0.23 -

Competitive Comparison of Great-West Lifeco's 10-Year ROIIC %

For the Insurance - Life subindustry, Great-West Lifeco'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.


Great-West Lifeco's 10-Year ROIIC % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Great-West Lifeco's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Great-West Lifeco's 10-Year ROIIC % falls into.



Great-West Lifeco 10-Year ROIIC % Calculation

Great-West Lifeco'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**
=( 2547.5780129 (Dec. 2023) - 2389.4869685 (Dec. 2013) )/( 524811.7164 (Dec. 2023) - 302512.73595 (Dec. 2013) )
=158.0910444/222298.98045
=0.07%***

* 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.


Great-West Lifeco  (OTCPK:GWLIF) 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.


Great-West Lifeco 10-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Great-West Lifeco's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Great-West Lifeco (Great-West Lifeco) Business Description

Address
100 Osborne Street North, Winnipeg, MB, CAN, R3C 1V3
Great-West Lifeco provides life insurance, health insurance, retirement products, asset management, recordkeeping services, and reinsurance products in Canada, the United States, and Europe. The Canada business contributes approximately 35% of adjusted earnings and has leading market positions in group insurance, group retirement, and individual insurance. The company operates the second-largest recordkeeping business under the Empower brand in the United States, with an earnings contribution from the country approximating 20%. Great-West Lifeco also offers various products across Europe markets with a strong presence in the U.K., Ireland, and Germany. The Europe segment contributes around 28% of adjusted earnings and the reinsurance business accounts for around 17% of adjusted earnings.