Laser Photonics (LASE) Return on Invested Capital (2021 - 2023)
Laser Photonics (LASE) has disclosed Return on Invested Capital for 3 consecutive years, with 0.37% as the latest value for Q3 2023.
- Quarterly Return on Invested Capital changed N/A to 0.37% in Q3 2023 from the year-ago period, while the trailing twelve-month figure was 0.37% through Sep 2023, changed N/A year-over-year, with the annual reading at 0.11% for FY2021, N/A changed from the prior year.
- Return on Invested Capital hit 0.37% in Q3 2023 for Laser Photonics, down from 0.28% in the prior quarter.
- In the past five years, Return on Invested Capital ranged from a high of 1.21% in Q2 2021 to a low of 0.37% in Q3 2023.
- Historically, Return on Invested Capital has averaged 0.08% across 3 years, with a median of 0.17% in 2022.
- Biggest YoY gain for Return on Invested Capital was -30bps in 2022; the steepest drop was -30bps in 2022.
- Year by year, Return on Invested Capital stood at 0.13% in 2021, then plummeted by -238bps to 0.17% in 2022, then plummeted by -114bps to 0.37% in 2023.
- Business Quant data shows Return on Invested Capital for LASE at 0.37% in Q3 2023, 0.28% in Q2 2023, and 0.2% in Q1 2023.