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Spirit AeroSystems Holdings (FRA:S9Q) 1-Year ROIIC % : -114.46% (As of Mar. 2024)


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What is Spirit AeroSystems Holdings 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Spirit AeroSystems Holdings's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was -114.46%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Spirit AeroSystems Holdings's 1-Year ROIIC % or its related term are showing as below:

FRA:S9Q's 1-Year ROIIC % is ranked worse than
90.53% of 285 companies
in the Aerospace & Defense industry
Industry Median: 6.65 vs FRA:S9Q: -114.46

Spirit AeroSystems Holdings 1-Year ROIIC % Historical Data

The historical data trend for Spirit AeroSystems Holdings's 1-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.

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Spirit AeroSystems Holdings 1-Year ROIIC % Chart

Spirit AeroSystems Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -26.88 -71.07 -29.77 -34.59 -74.37

Spirit AeroSystems Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
1-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 1.32 3.07 318.75 -74.37 -114.46

Competitive Comparison of Spirit AeroSystems Holdings's 1-Year ROIIC %

For the Aerospace & Defense subindustry, Spirit AeroSystems Holdings's 1-Year ROIIC %, along with its competitors' market caps and 1-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.


Spirit AeroSystems Holdings's 1-Year ROIIC % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Spirit AeroSystems Holdings's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Spirit AeroSystems Holdings's 1-Year ROIIC % falls into.



Spirit AeroSystems Holdings 1-Year ROIIC % Calculation

Spirit AeroSystems Holdings's 1-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -580.5385 (Mar. 2024) - -335.3871 (Mar. 2023) )/( 4407.076 (Mar. 2024) - 4253.156 (Mar. 2023) )
=-245.1514/153.92
=-159.27%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-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.


Spirit AeroSystems Holdings  (FRA:S9Q) 1-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.


Spirit AeroSystems Holdings 1-Year ROIIC % Related Terms

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Spirit AeroSystems Holdings (FRA:S9Q) Business Description

Traded in Other Exchanges
Address
3801 South Oliver Street, Wichita, KS, USA, 67210
Spirit AeroSystems manufactures aerostructures, particularly fuselages, cockpits, wing sections, engine pylons, and nacelles for commercial and military aircraft. The company was spun out of Boeing in 2005, and the firm is the largest independent supplier of aerostructures for commercial aircraft. Boeing and Airbus are the firm's primary customers—Boeing represented roughly 60% and Airbus roughly 20% of revenue in recent years. The company is highly exposed to Boeing's 737 program, which accounts for nearly half the company's revenue.

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