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Kinsale Capital Group (Kinsale Capital Group) 3-Year ROIIC % : 10.60% (As of Dec. 2023)


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What is Kinsale Capital Group 3-Year ROIIC %?

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. Kinsale Capital Group's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 10.60%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Kinsale Capital Group's 3-Year ROIIC % or its related term are showing as below:

KNSL's 3-Year ROIIC % is ranked better than
72.34% of 329 companies
in the Insurance industry
Industry Median: 2.45 vs KNSL: 10.60

Kinsale Capital Group 3-Year ROIIC % Historical Data

The historical data trend for Kinsale Capital Group'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.

* Premium members only.

Kinsale Capital Group 3-Year ROIIC % Chart

Kinsale Capital Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 10.60

Kinsale Capital Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 10.60 -

Competitive Comparison of Kinsale Capital Group's 3-Year ROIIC %

For the Insurance - Property & Casualty subindustry, Kinsale Capital Group'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.


Kinsale Capital Group's 3-Year ROIIC % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Kinsale Capital Group's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Kinsale Capital Group's 3-Year ROIIC % falls into.



Kinsale Capital Group 3-Year ROIIC % Calculation

Kinsale Capital Group'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)**/3-Year Incremental Invested Capital**
=( 316.3613314 (Dec. 2023) - 88.5716286 (Dec. 2020) )/( 3614.99845 (Dec. 2023) - 1466.4743 (Dec. 2020) )
=227.7897028/2148.52415
=10.60%***

* 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.


Kinsale Capital Group  (NYSE:KNSL) 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.


Kinsale Capital Group 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Kinsale Capital Group's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Kinsale Capital Group (Kinsale Capital Group) Business Description

Traded in Other Exchanges
Address
2035 Maywill Street, Suite 100, Richmond, VA, USA, 23230
Kinsale Capital Group Inc is an insurance holding company. The company is engaged in offering property, casualty, and specialty insurance products. It offers specialty insurance products for allied health, healthcare, life sciences, a professional, and a public entity. The company operates in only one reportable segment that is the Excess and Surplus Lines Insurance segment, which includes commercial excess and surplus lines liability and property insurance products through its underwriting divisions. The company generates revenues in the form of premiums and investment income.
Executives
Russell Frederick L. Jr. director 1801 LIBBIE AVENUE, SUITE 201, RICHMOND VA 23226
Brian D. Haney officer: SVP and COO C/O KINSALE CAPITAL GROUP, INC., 2035 MAYWILL STREET, SUITE 100, RICHMOND VA 23230
Michael P Kehoe director, officer: CEO and President JAMES RIVER GROUP, INC., 1414 RALEIGH ROAD, SUITE 415, CHAPEL HILL NC 27517
Hatcher Robert V. Iii director C/O KINSALE CAPITAL GROUP, INC., 2035 MAYWILL STREET, SUITE 100, RICHMOND VA 23230
Steven J Bensinger director 125 BROAD ST, NEW YORK NY 10004
Anne C. Kronenberg director C/O KINSALE CAPITAL GROUP, INC., 2035 MAYWILL STREET, SUITE 100, RICHMOND VA 23230
Bryan P. Petrucelli officer: SVP, CFO and Treasurer C/O KINSALE CAPITAL GROUP, INC., 2035 MAYWILL STREET, SUITE 100, RICHMOND VA 23230
Robert Iii Lippincott director, other: Chairman 3152 CASSEEKEY ISLAND ROAD, JUPITER FL 33477
James Joseph Ritchie director C/O CERES GROUP INC, 17800 ROYALTON ROAD, STRONGSVILLE OH 44136
Teresa Chia director C/O KINSALE CAPITAL GROUP, INC., 2035 MAYWILL STREET, SUITE 100, RICHMOND VA 23230
Diane D. Schnupp officer: SVP, Chief Information Officer C/O KINSALE CAPITAL GROUP, INC., 2035 MAYWILL STREET, SUITE 100, RICHMOND VA 23230
Gregory M Share director THREE FIRST NATIONAL PLZ, SUITE 3800, CHICAGO IL 60602
Mark J. Beachy officer: EVP and Chief Claims Officer C/O KINSALE CAPITAL GROUP, INC., 2035 MAYWILL STREET, SUITE 100, RICHMOND VA 23230
Ann Marie Marson officer: SVP and Chief Claims Officer C/O KINSALE CAPITAL GROUP, INC., 2221 EDWARD HOLLAND DRIVE, SUITE 600, RICHMOND VA 23230
Kenney William J. Jr. officer: SVP/Chief Information Officer C/O KINSALE CAPITAL GROUP, INC., 2221 EDWARD HOLLAND DRIVE, SUITE 600, RICHMOND VA 23230

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