Independent Bank (INDB) Return on Invested Capital [ROIC] (2011 - 2020)
Independent Bank (INDB) recorded Return on Invested Capital [ROIC] of 12.80% in FY2025, up 0.95 percentage points from 11.85% in FY2024.
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Analysis
Independent Bank (INDB) Return on Invested Capital [ROIC] (2011 - 2020) Analysis & Trends
Starting with FY2011, Independent Bank's Return on Invested Capital [ROIC] history includes 15 years.
- Annual Return on Invested Capital [ROIC] has increased for four straight years, with a five-year change of +4.53 percentage points (FY2020 to FY2025).
- The FY2025 figure is the highest annual Return on Invested Capital [ROIC] since FY2019.
- Per Business Quant data, INDB's Return on Invested Capital [ROIC] was 11.85% in FY2024 (+0.83 pp), 11.03% in FY2023 (+1.54 pp), 9.49% in FY2022 (+4.06 pp) and 5.43% in FY2021 (-2.84 pp).
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 | Independent Bank | 3.99 Bn | 3.90 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2020 | 7.67% |
| Sep 30, 2020 | 8.49% |
| Jun 30, 2020 | 9.10% |
| Mar 31, 2020 | 9.54% |
| Dec 31, 2019 | 10.33% |
| Sep 30, 2019 | 8.95% |
| Jun 30, 2019 | 8.96% |
| Mar 31, 2019 | 11.06% |
| Dec 31, 2018 | 10.76% |
| Sep 30, 2018 | 10.14% |
| Jun 30, 2018 | 9.43% |
| Mar 31, 2018 | 8.50% |
| Dec 31, 2017 | 7.80% |
| Sep 30, 2017 | 7.53% |
| Jun 30, 2017 | 7.54% |
| Mar 31, 2017 | 7.66% |
| Dec 31, 2016 | 7.72% |
| Sep 30, 2016 | 8.29% |
| Jun 30, 2016 | 8.30% |
| Mar 31, 2016 | 8.04% |
API Access
Independent Bank 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=INDB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "INDB", "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=INDB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();