1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year.
Federal Signal's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was 60.21%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Federal Signal's 1-Year ROIIC % or its related term are showing as below:
FSS's 1-Year ROIIC % is ranked better than 81.06% of 2671
companies
in the Industrial Products industry
Industry Median: 3.92
vs FSS: 60.21
Federal Signal 1-Year ROIIC % Historical Data
The historical data trend for Federal Signal's 1-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 Federal Signal's 1-Year ROIIC %
For the Pollution & Treatment Controls subindustry, Federal Signal's 1-Year ROIIC %, along with its competitors' market caps and 1-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.
Federal Signal's 1-Year ROIIC % Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Federal Signal's 1-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Federal Signal's 1-Year ROIIC % falls into.
Federal Signal 1-Year ROIIC % Calculation
Federal Signal's 1-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:
1-Year ROIIC %
=
1-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
1-Year Incremental Invested Capital
=
( 174.38746 (Dec. 2023) - 127.90337 (Dec. 2022) )
/
( 1450.5 (Dec. 2023) - 1373.3 (Dec. 2022) )
=
46.48409
/
77.2
=
60.21%***
* 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.
** TTM data of NOPAT and Invested Capital was used to calculate 1-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.
Federal Signal (NYSE:FSS) 1-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.
Federal Signal 1-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Federal Signal's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Federal Signal (Federal Signal) Business Description
Federal Signal Corp designs and manufactures products and integrated solutions for municipal, governmental, industrial, and airport customers. It operates in the segments of Environmental Solutions Group and the Safety and Security Systems Group. The Environmental solutions group manufactures and supplies street sweeper vehicles, sewer cleaner and vacuum loader trucks, hydro-excavation trucks, high-performance waterblasting equipment, dump truck bodies and trailers. The Safety and Security Systems Group offers comprehensive systems and products such as campus and community alerting, emergency vehicles, first responder interoperable communications, and others. The company generates a majority of its revenue from the Environmental Solutions Group segment.
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