First Business Financial Services (FBIZ) Return on Invested Capital [ROIC] (2011 - 2022)
First Business Financial Services (FBIZ) recorded Return on Invested Capital [ROIC] of 22.90% in Q4 2022, up 4.33 percentage points from 18.57% a year earlier and up 2.77 percentage points from the prior quarter.
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Analysis
First Business Financial Services (FBIZ) Return on Invested Capital [ROIC] (2011 - 2022) Analysis & Trends
For FY2022, First Business Financial Services reported Return on Invested Capital [ROIC] of 23.38%, up 4.03 percentage points from FY2021.
- Annual Return on Invested Capital [ROIC] has a five-year change of +9.34 percentage points (FY2017 to FY2022).
- Across earlier years, Return on Invested Capital [ROIC] came in at 19.35% in FY2021 (+3.72 pp), 15.62% in FY2020 (-11.70 pp), 27.33% in FY2019 (+6.57 pp) and 20.76% in FY2018 (+6.73 pp).
- The Q4 2022 figure is the highest quarterly Return on Invested Capital [ROIC] since Q1 2020.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased for six consecutive quarters, with an average year-over-year change of +0.56 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 8.68 percentage points in Q3 2019, against a drop of 11.26 percentage points in Q4 2020 at the low end.
- Per Business Quant, the preceding three quarters came in at 20.13% (Q3 2022), 18.82% (Q2 2022) and 17.77% (Q1 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 881.30 Bn | 881.30 Bn | - | 15.80% |
| 2 | Bank Of America | 354.90 Bn | -2,021.17 Bn | - | 13.07% |
| 3 | Hsbc Holdings | 311.39 Bn | -1,517.77 Bn | - | - |
| 4 | Morgan Stanley | 282.15 Bn | -226.95 Bn | - | 12.02% |
| 5 | Royal Bank Of Canada | 281.68 Bn | -548.32 Bn | - | 49.26% |
| 6 | Goldman Sachs | 255.22 Bn | -3,301.89 Bn | - | 14.05% |
| 7 | Mitsubishi Ufj Financial | 249.82 Bn | -82.42 Bn | 10.89 Bn | 3.63% |
| 8 | Wells Fargo & Company | 249.49 Bn | 251.62 Bn | - | 14.79% |
| 9 | Toronto Dominion Bank | 210.53 Bn | -465.35 Bn | - | - |
| 10 | First Business Financial Services | 606.12 Mn | 221.80 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 22.90% |
| Sep 30, 2022 | 20.13% |
| Jun 30, 2022 | 18.82% |
| Mar 31, 2022 | 17.77% |
| Dec 31, 2021 | 18.57% |
| Sep 30, 2021 | 18.21% |
| Jun 30, 2021 | 16.81% |
| Mar 31, 2021 | 16.04% |
| Dec 31, 2020 | 15.38% |
| Sep 30, 2020 | 17.05% |
| Jun 30, 2020 | 19.73% |
| Mar 31, 2020 | 22.95% |
| Dec 31, 2019 | 26.65% |
| Sep 30, 2019 | 26.05% |
| Jun 30, 2019 | 25.45% |
| Mar 31, 2019 | 23.38% |
| Dec 31, 2018 | 20.30% |
| Sep 30, 2018 | 17.37% |
| Jun 30, 2018 | 17.14% |
| Mar 31, 2018 | 16.66% |
API Access
First Business Financial Services Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=FBIZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "FBIZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=FBIZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();