Schnitzer Steel Industries (SCHN) Return on Invested Capital (ROIC)

Price: $33.2
Market Cap: $906.73M
Avg Volume: 184.06K
Country: US
Industry: Steel
Sector: Basic Materials
Beta: 1.560096
52W Range: $25.96-36.64
Website: Schnitzer Steel Industries

Return on Invested Capital (ROIC) Summary

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

  • Annual: -0.28%
  • Quarterly: -1.90%
  • TTM: -5.61%

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 Schnitzer Steel Industries's profitability include:

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: -2.84%
    • Quarterly: -4.02%
    • TTM: -7.20%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: -1.50%
    • Quarterly: -1.94%
    • TTM: -3.68%

These metrics provide insights into Schnitzer Steel Industries'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

-0.28%

Quarterly ROIC

-1.90%

TTM ROIC

-5.61%

Schnitzer Steel Industries Historical ROIC

24.90%24.90%20.01%20.01%15.11%15.11%10.22%10.22%5.33%5.33%0.44%0.44%-4.45%-4.45%-9.35%-9.35%-14.24%-14.24%-19.13%-19.13%-24.02%-24.02%ROIC-0.28%9.09%12.18%-4.40%3.03%21.65%8.03%-1.19%-24.02%1.52%20152015201620162017201720182018201920192020202020212021202220222023202320242024

Historical ROE

27.01%27.01%20.62%20.62%14.24%14.24%7.85%7.85%1.46%1.46%-4.92%-4.92%-11.31%-11.31%-17.70%-17.70%-24.08%-24.08%-30.47%-30.47%-36.86%-36.86%ROE-2.84%17.69%19.76%-0.31%8.08%23.49%8.34%-3.90%-36.86%0.77%20152015201620162017201720182018201920192020202020212021202220222023202320242024

Historical ROA

16.28%16.28%12.61%12.61%8.93%8.93%5.26%5.26%1.58%1.58%-2.09%-2.09%-5.77%-5.77%-9.45%-9.45%-13.12%-13.12%-16.80%-16.80%-20.47%-20.47%ROA-1.50%9.24%11.05%-0.17%4.85%14.16%4.77%-2.18%-20.47%0.44%20152015201620162017201720182018201920192020202020212021202220222023202320242024

Schnitzer Steel Industries Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2023.

Year ROIC ROE ROA
2023 -0.28% -2.84% -1.50%
2022 9.09% 17.69% 9.24%
2021 12.18% 19.76% 11.05%
2020 -4.40% -0.31% -0.17%
2019 3.03% 8.08% 4.85%
2018 21.65% 23.49% 14.16%
2017 8.03% 8.34% 4.77%
2016 -1.19% -3.90% -2.18%
2015 -24.02% -36.86% -20.47%
2014 1.52% 0.77% 0.44%

Related Metrics

Explore detailed financial metrics and analysis for SCHN.

Financial Analysis
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Returns & Ratios
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