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LanzaTech GlobalLNZA +2.60%53 3-Year ROIIC % is 14.40 as of Dec. 2025, which is at its 10-year median of 14.40. GuruFocus rates LNZA with a GF Score™ of 53/100 and a GF Value™ of $62.31 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 229 Waste Management companies, LanzaTech Global ranks better than 71.18% on this metric.
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.
LanzaTech Global's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 14.40%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for LanzaTech Global's 3-Year ROIIC % or its related term are showing as below:
LNZA's 3-Year ROIIC % is ranked better than 71.18% of 229
companies
in the Waste Management industry
Industry Median: 3.54
vs LNZA: 14.40
LanzaTech Global (NAS:LNZA) 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.
LanzaTech Global 3-Year ROIIC % Related Terms
LanzaTech Global 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for LanzaTech Global'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.
LNZA vs ENGS, QRHC, YDDL: 3-Year ROIIC % Comparison
For the Waste Management subindustry, LanzaTech Global'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.
LanzaTech Global 3-Year ROIIC % vs Waste Management Industry
For the Waste Management industry and Industrials sector, LanzaTech Global's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where LanzaTech Global's 3-Year ROIIC % falls into.
LanzaTech Global's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -79.156 (Dec. 2025) - -75.599 (Dec. 2022) )
/
( 65.252 (Dec. 2025) - 89.952 (Dec. 2022) )
=
-3.557
/
-24.7
=
14.40%***
* 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.
LanzaTech Global (LNZA) has a 3-Year ROIIC % of 14.40 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on LanzaTech Global and its competitors. This is near median its historical median of 14.40. According to the industry distribution chart, LanzaTech Global ranks #66 out of 229 companies in the Waste Management industry, placing it in the top 28.8%.
Is LanzaTech Global's 3-Year ROIIC % too high?
LanzaTech Global's current 3-Year ROIIC % of 14.40 is near median its 10-year median of 14.40. The Waste Management industry median 3-Year ROIIC % is 3.54. LanzaTech Global's value of 14.40 is 306.8% above this industry median. Based on the distribution chart, LanzaTech Global ranks #66 out of 229 companies in the Waste Management industry, which is above the industry midpoint. Overall, LanzaTech Global has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does LanzaTech Global's 3-Year ROIIC % compare to ENGS and QRHC?
According to the Waste Management industry distribution chart, LanzaTech Global ranks #66 out of 229 companies for 3-Year ROIIC %. This puts LanzaTech Global in the upper half of its industry. The industry median 3-Year ROIIC % is 3.54. LanzaTech Global's value of 14.40 is 306.8% above this benchmark. While the company's 10-year median is 14.40 vs. the industry median of 3.54, LanzaTech Global has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Waste Management company?
The median 3-Year ROIIC % among Waste Management companies is 3.54, based on 229 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. LanzaTech Global's current 3-Year ROIIC % of 14.40 is 306.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on LanzaTech Global and its competitors. For the Waste Management industry, the median 3-Year ROIIC % is 3.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LanzaTech Global's current 3-Year ROIIC % is 14.40, which is near median its own 10-year median of 14.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LanzaTech Global stock overvalued right now?
Based on GuruFocus' analysis, LanzaTech Global (LNZA) is currently considered Possible Value Trap. The stock's GF Value™ is $62.31, compared to a current price of $5.51 — trading 91.2% below its estimated fair value. The current 3-Year ROIIC % is 14.40, which is near median its 10-year median of 14.40 and 306.8% above the Waste Management industry median of 3.54. LanzaTech Global's overall GF Score™ is 53/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For LanzaTech Global (LNZA), the current 3-Year ROIIC % is 14.40 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is LanzaTech Global (LNZA) Overvalued in 2026?
Based on GuruFocus' analysis, LanzaTech Global stock appears to be undervalued.
The current stock price of $5.51 is trading 91.2% below its estimated GF Value™ of $62.31.
GuruFocus considers LanzaTech Global to be Possible Value Trap.
Key valuation signals for LNZA:
3-Year ROIIC %: 14.40 (near median its 10-year median of 14.40)
GF Value™: $62.31 vs. price of $5.51 (91.2% below fair value)
Industry Position: 306.8% above the Waste Management median (#66 of 229)
No single metric tells the full story. See the LNZA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LanzaTech Global Inc is a provider of carbon management and conversion technologies, focused on transforming waste materials into high-value fuels, chemicals, and critical industrial inputs. Its mission is to drive energy resilience, industrial competitiveness, and supply chain security by leveraging scalable biotechnology solutions to maximize the value of domestic resources. The company operates in North America, Europe, the Middle East, Africa (EMEA), Asia, and Australia, with the majority of its revenue generated from North America.
53GF Score
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