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.
Korean Air Lines Co's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 70.56%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Korean Air Lines Co's 3-Year ROIIC % or its related term are showing as below:
XKRX:003495's 3-Year ROIIC % is ranked better than 87.94% of 929
companies
in the Transportation industry
Industry Median: 5.67
vs XKRX:003495: 70.56
Korean Air Lines Co 3-Year ROIIC % Historical Data
The historical data trend for Korean Air Lines Co'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.
Competitive Comparison of Korean Air Lines Co's 3-Year ROIIC %
For the Airlines subindustry, Korean Air Lines Co'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.
Korean Air Lines Co's 3-Year ROIIC % Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Korean Air Lines Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Korean Air Lines Co's 3-Year ROIIC % falls into.
Korean Air Lines Co 3-Year ROIIC % Calculation
Korean Air Lines Co's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
* 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.
Korean Air Lines Co (XKRX:003495) 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.
Korean Air Lines Co 3-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Korean Air Lines Co's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Korean Air Lines Co Ltd is an airline operator with a global reach. The company has four operating segments: Air transport (majority of total revenues), Aerospace (maintenance and repairs), In-flight meals, and Hotel/limousine and others. Passenger tickets can be bought on the company's website or at the airport counter. Multiple options related to passenger class or cabin experience, baggage fees, and other services are offered to customers. Revenues derived from Republic of Korea account for approximately one-fourth of total revenues, with the remainder coming from international operations. The company has created an alliance with global carriers to help connect flights, and give passengers better options to travel.
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