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.
Wesco Aircraft Holdings's 3-Year ROIIC % for the quarter that ended in Sep. 2019 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Wesco Aircraft Holdings's 3-Year ROIIC % or its related term are showing as below:
WAIR's 3-Year ROIIC % is not ranked *
in the Industrial Distribution industry.
Industry Median: 11.555 * Ranked among companies with meaningful 3-Year ROIIC % only.
Wesco Aircraft Holdings 3-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 Wesco Aircraft Holdings's 3-Year ROIIC %
For the Industrial Distribution subindustry, Wesco Aircraft Holdings'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.
Wesco Aircraft Holdings's 3-Year ROIIC % Distribution in the Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Wesco Aircraft Holdings's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Wesco Aircraft Holdings's 3-Year ROIIC % falls into.
Wesco Aircraft Holdings's 3-Year ROIIC % for the quarter that ended in Sep. 2019 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 71.6264976 (Sep. 2019) - 115.5065 (Sep. 2016) )
/
( 1498.298 (Sep. 2019) - 1667.737 (Sep. 2016) )
=
-43.8800024
/
-169.439
=
25.90%***
* 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.
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.
Wesco Aircraft Holdings 3-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Wesco Aircraft Holdings's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Wesco Aircraft Holdings (Wesco Aircraft Holdings) Business Description
Wesco Aircraft Holdings Inc is a distributor of supply-management services to the aerospace industry. The services include: distribution, management of supplier relationships, quality assurance, kitting, just-in-time delivery, and point-of-use inventory management. The company serves commercial aerospace, energy, general aviation, pharmaceuticals, airlines, and maintenance and repair companies, and the defense sector. The majority of its revenue stream is based on long-term contracts. The largest customer by revenue can be categorised as original equipment manufacturers and contractors. Geographically, North America makes up the lion's share of Wesco Aircraft's generated sales.
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