Axis Bank (AXISBANK.NS) Return on Invested Capital (ROIC)

Price: $1187.3
Market Cap: $3.68T
Avg Volume: 7.46M
Country: IN
Industry: Banks - Regional
Sector: Financial Services
Beta: 0.584
52W Range: $933.5-1339.65
Website: Axis Bank

Return on Invested Capital (ROIC) Summary

Axis Bank's ROIC measures how effectively the company uses its invested capital to generate profits:

  • Annual: 2.41%
  • Quarterly: 0.54%
  • TTM: 0.11%

What is ROIC?

Return on Invested Capital (ROIC) measures how effectively a company uses its capital from debt and equity to generate profits. ROIC is a useful metric for comparing the efficiency of capital allocation between different companies or across time periods within the same company. A higher ROIC indicates a more efficient use of capital.

Related Metrics

Other important metrics to assess Axis Bank's profitability include:

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: 16.80%
    • Quarterly: 3.76%
    • TTM: 16.73%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: 1.74%
    • Quarterly: 0.43%
    • TTM: 1.79%

These metrics provide insights into Axis Bank's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual ROIC

2.41%

Quarterly ROIC

0.54%

TTM ROIC

0.11%

Axis Bank Historical ROIC

39.53%39.53%35.32%35.32%31.11%31.11%26.90%26.90%22.70%22.70%18.49%18.49%14.28%14.28%10.08%10.08%5.87%5.87%1.66%1.66%-2.54%-2.54%ROIC2.41%-2.54%34.37%18.49%1.69%7.78%3.30%11.87%15.90%12.84%201620162017201720182018201920192020202020212021202220222023202320242024

Historical ROE

19.32%19.32%17.39%17.39%15.46%15.46%13.53%13.53%11.59%11.59%9.66%9.66%7.73%7.73%5.80%5.80%3.86%3.86%1.93%1.93%0.00%0.00%ROE16.80%8.34%11.94%6.95%2.15%7.43%0.71%7.01%15.59%16.57%201620162017201720182018201920192020202020212021202220222023202320242024

Historical ROA

2.00%2.00%1.80%1.80%1.60%1.60%1.40%1.40%1.20%1.20%1.00%1.00%0.80%0.80%0.60%0.60%0.40%0.40%0.20%0.20%0.00%0.00%ROA1.74%0.80%1.18%0.71%0.20%0.62%0.06%0.65%1.57%1.59%201620162017201720182018201920192020202020212021202220222023202320242024

Axis Bank Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2024.

Year ROIC ROE ROA
2024 2.41% 16.80% 1.74%
2023 -2.54% 8.34% 0.80%
2022 34.37% 11.94% 1.18%
2021 18.49% 6.95% 0.71%
2020 1.69% 2.15% 0.20%
2019 7.78% 7.43% 0.62%
2018 3.30% 0.71% 0.06%
2017 11.87% 7.01% 0.65%
2016 15.90% 15.59% 1.57%
2015 12.84% 16.57% 1.59%

Related Metrics

Explore detailed financial metrics and analysis for AXISBANK.NS.