Andretti Acquisition (Andretti Acquisition) 5-Year ROIIC % : 0.00% (As of Dec. 2023)

Andretti Acquisition 5-Year ROIIC % Chart

Andretti Acquisition Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
5-Year ROIIC %	Get a 7-Day Free Trial							-	-	-	-	-

Competitive Comparison of Andretti Acquisition's 5-Year ROIIC %

For the Shell Companies subindustry, Andretti Acquisition's 5-Year ROIIC %, along with its competitors' market caps and 5-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.

Andretti Acquisition's 5-Year ROIIC % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Andretti Acquisition's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Andretti Acquisition's 5-Year ROIIC % falls into.

Andretti Acquisition 5-Year ROIIC % Calculation

Andretti Acquisition's 5-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

* 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 5-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.

Andretti Acquisition  (NYSE:WNNR) 5-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.

Andretti Acquisition 5-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Andretti Acquisition's 5-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.

Andretti Acquisition (Andretti Acquisition) Business Description