ROIC

投入资本回报率

Stock FundamentalP1ProfitabilityApplies to: US stocks

Definition

After-tax operating return on invested capital (debt + equity − cash).

Formula

NOPAT / invested capital, NOPAT = EBIT × (1 - tax rate), invested capital = interest-bearing debt + equity - cash

How to read it

Only ROIC > WACC creates value; core to moat analysis.

Outputratio/value
Data source: IS+BS. Public knowledge, not investment advice.

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Reference metadata — public, well-known indicator definitions. Not investment advice.