Wells Fargo & (WFC) Return on Invested Capital (ROIC)
Market Cap: $221.07B
Avg Volume: 17.19M
Industry: Banks - Diversified
Sector: Financial Services
Return on Invested Capital (ROIC) Summary
Wells Fargo &'s ROIC measures how effectively the company uses its invested capital to generate profits:
- Annual: 4.70%
- Quarterly: 1.27%
- TTM: 4.35%
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 Wells Fargo &'s profitability include:
- ROE (Return on Equity) - measures the return generated on shareholders' equity:
- Annual: 10.31%
- Quarterly: 2.79%
- TTM: 9.96%
- ROA (Return on Assets) - measures the return generated on the company's assets:
- Annual: 0.99%
- Quarterly: 0.27%
- TTM: 0.94%
These metrics provide insights into Wells Fargo &'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
4.70%
Quarterly ROIC
1.27%
TTM ROIC
4.35%
Wells Fargo & Historical ROIC
Historical ROE
Historical ROA
Wells Fargo & 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 | 4.70% | 10.31% | 0.99% |
| 2022 | 3.17% | 7.60% | 0.73% |
| 2021 | 6.08% | 11.78% | 1.13% |
| 2020 | 0.48% | 0.97% | 0.09% |
| 2019 | 3.89% | 10.53% | 1.02% |
| 2018 | 4.31% | 11.42% | 1.18% |
| 2017 | 5.48% | 10.72% | 1.14% |
| 2016 | 4.29% | 10.99% | 1.14% |
| 2015 | 5.06% | 11.85% | 1.28% |
| 2014 | 5.84% | 12.50% | 1.37% |