JSW Steel (JSWSTEEL.NS) Return on Invested Capital (ROIC)

Price: $1058.7
Market Cap: $2.59T
Avg Volume: 1.73M
Country: IN
Industry: Steel
Sector: Basic Materials
Beta: 1.085
52W Range: $815.4-1063
Website: JSW Steel

Return on Invested Capital (ROIC) Summary

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

  • Annual: 7.61%
  • Quarterly: 0.00%
  • TTM: 3.41%

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 JSW Steel's profitability include:

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: 11.35%
    • Quarterly: 0.00%
    • TTM: 4.22%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: 3.86%
    • Quarterly: 0.00%
    • TTM: 1.42%

These metrics provide insights into JSW Steel'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

7.61%

Quarterly ROIC

0.00%

TTM ROIC

3.41%

JSW Steel Historical ROIC

17.94%17.94%16.15%16.15%14.35%14.35%12.56%12.56%10.76%10.76%8.97%8.97%7.18%7.18%5.38%5.38%3.59%3.59%1.79%1.79%0.00%0.00%ROIC7.61%5.23%15.60%8.40%10.70%11.50%13.19%9.15%2.05%6.77%201620162017201720182018201920192020202020212021202220222023202320242024

Historical ROE

35.31%35.31%31.44%31.44%27.56%27.56%23.69%23.69%19.82%19.82%15.94%15.94%12.07%12.07%8.19%8.19%4.32%4.32%0.45%0.45%-3.43%-3.43%ROE11.35%6.31%30.71%16.92%11.01%21.95%22.19%15.56%-3.43%7.79%201620162017201720182018201920192020202020212021202220222023202320242024

Historical ROA

12.09%12.09%10.80%10.80%9.50%9.50%8.20%8.20%6.90%6.90%5.60%5.60%4.30%4.30%3.00%3.00%1.70%1.70%0.40%0.40%-0.90%-0.90%ROA3.86%1.96%10.52%5.33%3.06%6.65%6.75%4.00%-0.90%2.09%201620162017201720182018201920192020202020212021202220222023202320242024

JSW Steel 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 7.61% 11.35% 3.86%
2023 5.23% 6.31% 1.96%
2022 15.60% 30.71% 10.52%
2021 8.40% 16.92% 5.33%
2020 10.70% 11.01% 3.06%
2019 11.50% 21.95% 6.65%
2018 13.19% 22.19% 6.75%
2017 9.15% 15.56% 4.00%
2016 2.05% -3.43% -0.90%
2015 6.77% 7.79% 2.09%

Related Metrics

Explore detailed financial metrics and analysis for JSWSTEEL.NS.