NextPlat (NXPL) Return on Invested Capital (2018 - 2023)
NextPlat (NXPL) posted quarterly Return on Invested Capital of 3.01% for Q3 2023, down 239.0% year-over-year from 2.16% in Q3 2022, and down 38.58% quarter-over-quarter from 2.17% in Q2 2023.
NextPlat (NXPL) Return on Invested Capital (2018 - 2023) Analysis & Trends
NextPlat (NXPL) has reported Return on Invested Capital for 4 consecutive years, with 3.01% the latest figure, recorded in Q3 2023.
- In Q3 2023, Return on Invested Capital fell 239.0% year-over-year to 3.01%; the TTM figure through Sep 2023 stood at 3.01% (down 239.0% YoY), while the FY2022 annual figure was 2.29%, down 42.0% from the prior year.
- Return on Invested Capital fell to 3.01% in Q3 2023 per NXPL's latest filing, from 2.17% in the prior quarter.
- Across five years, Return on Invested Capital topped out at 0.09% in Q4 2019 and bottomed at 3.01% in Q3 2023.
- Historically, Return on Invested Capital has averaged 0.93% across 3 years, with a median of 0.61% in 2022.
- Annual changes were most pronounced in 2019 — Return on Invested Capital increased 10 bps — and 2023, when it sank 239 bps.
- NextPlat's Return on Invested Capital stood at 0.09% in 2019, then tumbled by 680 bps to 0.71% in 2022, then tumbled by 323 bps to 3.01% in 2023.
- Business Quant data shows NXPL's Return on Invested Capital at 3.01% in Q3 2023, 2.17% in Q2 2023, and 1.07% in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 0.04% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 0.01% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 0.02% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | - |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | - |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | - |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | - |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 0.04% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 0.02% |
| 10 | NextPlat | 22.27 Mn | 11.36 Mn | 3.41 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | -3.01% |
| Jun 30, 2023 | -2.17% |
| Mar 31, 2023 | -1.07% |
| Dec 31, 2022 | -0.71% |
| Sep 30, 2022 | -0.61% |
| Jun 30, 2022 | -0.31% |
| Dec 31, 2019 | -0.09% |
| Sep 30, 2019 | -0.14% |
| Jun 30, 2019 | -0.22% |
| Dec 31, 2018 | -0.19% |