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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.
Wheeler Real Estate Investment Trust's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -11.82%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
WHLR's 3-Year ROIIC % is ranked worse than 87.84% of 691
companies
in the REITs industry
Industry Median: 3.63
vs WHLR: -11.82
Wheeler Real Estate Investment Trust (NAS:WHLR) 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.
Wheeler Real Estate Investment Trust 3-Year ROIIC % Related Terms
Wheeler Real Estate Investment Trust 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.
Wheeler Real Estate Investment Trust 3-Year ROIIC % Chart
For the REIT - Retail subindustry, Wheeler Real Estate Investment Trust'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.
Wheeler Real Estate Investment Trust 3-Year ROIIC % vs REITs Industry
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 31.6940284 (Dec. 2025) - 22.754 (Dec. 2022) )
/
( 563.439 (Dec. 2025) - 639.095 (Dec. 2022) )
=
8.9400284
/
-75.656
=
-11.82%***
* 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.
Wheeler Real Estate Investment Trust (WHLR) has a 3-Year ROIIC % of -11.82 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 Wheeler Real Estate Investment Trust and its competitors. According to the industry distribution chart, Wheeler Real Estate Investment Trust ranks #607 out of 691 companies in the REITs industry, placing it in the top 87.8%.
Is Wheeler Real Estate Investment Trust's 3-Year ROIIC % too high?
Wheeler Real Estate Investment Trust's current 3-Year ROIIC % is -11.82. Based on the distribution chart, Wheeler Real Estate Investment Trust ranks #607 out of 691 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Wheeler Real Estate Investment Trust has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Wheeler Real Estate Investment Trust's 3-Year ROIIC % compare to GIPR and SQFT?
According to the REITs industry distribution chart, Wheeler Real Estate Investment Trust ranks #607 out of 691 companies for 3-Year ROIIC %. This places Wheeler Real Estate Investment Trust in the lower half of its industry. The industry median 3-Year ROIIC % is 3.63. 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 REITs company?
The median 3-Year ROIIC % among REITs companies is 3.63, based on 691 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. 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 Wheeler Real Estate Investment Trust and its competitors. For the REITs industry, the median 3-Year ROIIC % is 3.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wheeler Real Estate Investment Trust's current 3-Year ROIIC % is -11.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wheeler Real Estate Investment Trust stock overvalued right now?
Wheeler Real Estate Investment Trust (WHLR) has a current 3-Year ROIIC % of -11.82. The current 3-Year ROIIC % is -11.82. Wheeler Real Estate Investment Trust's overall GF Score™ is 31/100 with 3 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 Wheeler Real Estate Investment Trust (WHLR), the current 3-Year ROIIC % is -11.82 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.
Wheeler Real Estate Investment Trust Business Description
Wheeler Real Estate Investment Trust Inc is a self-managed commercial real estate investment company. It owns, leases, and operates income-producing retail properties with a primary focus on grocery-anchored centers. The company's properties include Alex City Marketplace in Alexander City, Alabama; Bryan Station in Lexington, Kentucky; Cardinal Plaza in Henderson, North Carolina; Clover Plaza in Clover, South Carolina; Cypress Shopping Center in Boiling Springs, South Carolina, and others.
31GF Score
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