Ocean Power Technologies (OPTT) Return on Invested Capital (2012 - 2024)
Ocean Power Technologies (OPTT) reported Return on Invested Capital of 0.07% for Q2 2024, down 111.0% on a YoY basis from 0.64% in Q2 2023, and down 39.16% sequentially from 0.05% in Q1 2024.
Ocean Power Technologies (OPTT) Return on Invested Capital (2012 - 2024) Analysis & Trends
Ocean Power Technologies (OPTT) has 12 years of Return on Invested Capital data on file, last reported at 0.07% in Q2 2024.
- For the quarter ending Q2 2024, Return on Invested Capital fell 111.0% year-over-year to 0.07%; the trailing twelve-month figure through Apr 2024 stood at 0.07% (down 111.0% YoY), and the FY2023 full-year result was 3.7%, down 3308.0% from the prior year.
- Return on Invested Capital retreated to 0.07% in Q2 2024, from 0.05% in the prior quarter.
- In the past five years, Return on Invested Capital ranged from a high of 4.68% in Q2 2022 to a low of 0.14% in Q4 2021.
- A 4-year average of 0.51% and a median of 0.05% in 2023 frame the typical range for Return on Invested Capital.
- Across the five-year window, Return on Invested Capital climbed 10 bps in 2022 and slumped 364 bps in 2023, its largest moves.
- Tracing OPTT's Return on Invested Capital over 4 years: stood at 0.14% in 2021, then jumped by 73 bps to 0.04% in 2022, then soared by 2950 bps to 1.04% in 2023, then sank by 107 bps to 0.07% in 2024.
- Business Quant data shows OPTT's Return on Invested Capital at 0.07% in Q2 2024, 0.05% in Q1 2024, and 1.04% in Q2 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | - |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 0.01% |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 0.00% |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 0.00% |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 0.00% |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 0.01% |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 0.00% |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 0.01% |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 1.40% |
| 10 | Ocean Power Technologies | 29.32 Mn | 22.22 Mn | -755,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2024 | -0.07% |
| Jan 31, 2024 | -0.05% |
| Apr 30, 2023 | 1.04% |
| Jan 31, 2023 | -0.05% |
| Oct 31, 2022 | -0.04% |
| Jul 31, 2022 | -0.05% |
| Apr 30, 2022 | 4.68% |
| Jan 31, 2022 | -0.09% |
| Oct 31, 2021 | -0.14% |
| Jul 31, 2021 | -0.11% |
| Apr 30, 2019 | -0.07% |
| Jan 31, 2019 | -0.08% |
| Apr 30, 2018 | 0.43% |
| Jan 31, 2018 | -0.19% |
| Apr 30, 2017 | 2.09% |
| Jan 31, 2017 | -0.23% |
| Apr 30, 2016 | -0.16% |
| Jan 31, 2016 | -0.14% |
| Apr 30, 2015 | -0.14% |
| Jan 31, 2015 | -0.11% |