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Lumentum Holdings (Lumentum Holdings) 3-Year ROIIC % : -33.16% (As of Jun. 2023)


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What is Lumentum Holdings 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. Lumentum Holdings's 3-Year ROIIC % for the quarter that ended in Jun. 2023 was -33.16%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

LITE's 3-Year ROIIC % is ranked worse than
80.98% of 2429 companies
in the Hardware industry
Industry Median: 3.47 vs LITE: -33.16

Lumentum Holdings 3-Year ROIIC % Historical Data

The historical data trend for Lumentum Holdings'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.

Lumentum Holdings 3-Year ROIIC % Chart

Lumentum Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.11 6.82 -0.16 -95.84 -33.16

Lumentum Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - -33.16 - -

Competitive Comparison of Lumentum Holdings's 3-Year ROIIC %

For the Communication Equipment subindustry, Lumentum Holdings'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.


Lumentum Holdings's 3-Year ROIIC % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Lumentum Holdings's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Lumentum Holdings's 3-Year ROIIC % falls into.



Lumentum Holdings 3-Year ROIIC % Calculation

Lumentum Holdings's 3-Year ROIIC % for the quarter that ended in Jun. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -112.58352 (Jun. 2023) - 168.22936 (Jun. 2020) )/( 2318.7 (Jun. 2023) - 1471.9 (Jun. 2020) )
=-280.81288/846.8
=-33.16%***

* 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.


Lumentum Holdings  (NAS:LITE) 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.


Lumentum Holdings 3-Year ROIIC % Related Terms

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Lumentum Holdings (Lumentum Holdings) Business Description

Traded in Other Exchanges
Address
1001 Ridder Park Drive, San Jose, CA, USA, 95131
Lumentum Holdings Inc is a California-based technology firm. The company provides two types of optical and photonic products: optical components that are used in telecommunications networking equipment, and commercial lasers for manufacturing, inspection, and life-science lab uses. Its segments are OpComms and Lasers. The firm is also expanding into new optical applications, such as 3-D sensing laser diode for consumer electronics. It generates maximum revenue from the OpComms segment. The OpComms segment products include a wide range of components, modules and subsystems to support customers including carrier networks for access (local), metro (intracity), long-haul, and submarine (undersea) applications.
Executives
Julia Suzanne Johnson director 1001 RIDDER PARK STREET, SAN JOSE CA 95131
Yuen Wupen officer: See Remarks 2911 ZANKER ROAD, SAN JOSE CA 95134
Wajid Ali officer: EVP & Chief Financial Officer 400 N MCCARTHY BLVD, MILPITAS CA 95035
Pamela Fletcher director C/O COHERENT, INC., 5100 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Matthew Joseph Sepe officer: Chief Accounting Officer 400 NORTH MCCARTHY BLVD, MILPITAS CA 95035
Brian Lillie director 1485 BROOKMILL ROAD, LOS ALTOS CA 94024
Alan S Lowe director, officer: Chief Executive Officer 400 NORTH MCCARTHY BLVD, MILPITAS CA 95035
Judy G Hamel officer: SVP, GC and Secretary 400 MCCARTHY BLVD, MILPITAS CA 95035
Penny Herscher director 1001 RIDDER PARK DRIVE, SAN JOSE CA 95131
Isaac Hosojiro Harris director 310 W 113TH ST # 801, NEW YORK NY 10026-3389
Vincent Retort officer: EVP, Chief Operating Officer 400 MCCARTHY BLVD, MILPITAS CA 95035
Harold L Covert director 400 NORTH MCCARTHY BLVD, MILPITAS CA 95035
Jason Reinhardt officer: EVP, Global Sales 400 N. MCCARTHY BLVD, MILPITAS CA 95035
Janet S. Wong director 2510 LAKE FRONT CIRCLE, THE WOODLANDS TX 77380-1576
Samuel F Thomas director 400 N MCCARTHY BLVD, MILPITAS CA 95035