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.
Agilent Technologies's 1-Year ROIIC % for the quarter that ended in Jan. 2024 was 41.79%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Agilent Technologies's 1-Year ROIIC % or its related term are showing as below:
A's 1-Year ROIIC % is ranked better than 73.08% of 208
companies
in the Medical Diagnostics & Research industry
Industry Median: -10.015
vs A: 41.79
Agilent Technologies 1-Year ROIIC % Historical Data
The historical data trend for Agilent Technologies'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 Agilent Technologies's 1-Year ROIIC %
For the Diagnostics & Research subindustry, Agilent Technologies'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.
Agilent Technologies's 1-Year ROIIC % Distribution in the Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Agilent Technologies's 1-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Agilent Technologies's 1-Year ROIIC % falls into.
Agilent Technologies 1-Year ROIIC % Calculation
Agilent Technologies's 1-Year ROIIC % for the quarter that ended in Jan. 2024 is calculated as:
1-Year ROIIC %
=
1-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
1-Year Incremental Invested Capital
=
( 1211.693 (Jan. 2024) - 1383.4695 (Jan. 2023) )
/
( 8377 (Jan. 2024) - 8788 (Jan. 2023) )
=
-171.7765
/
-411
=
41.79%***
* 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.
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.
Agilent Technologies 1-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Agilent Technologies's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Agilent Technologies (Agilent Technologies) Business Description
Originally spun out of Hewlett-Packard in 1999, Agilent has evolved into a leading life sciences and diagnostics firm. Today, Agilent's measurement technologies serve a broad base of customers with its three operating segments: life science and applied tools, cross lab (consisting of consumables and services related to life science and applied tools), and diagnostics and genomics. Over half of its sales are generated from the biopharmaceutical, chemical, and advanced materials end markets, but it also supports clinical lab, environmental, forensics, food, academic, and government-related organizations. The company is geographically diverse, with operations in the U.S. and China representing the largest country concentrations.
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