Ocean Power Technologies (OPTT) Return on Invested Capital (2012 - 2024)
Ocean Power Technologies (OPTT) posted Return on Invested Capital of 0.07% for Q2 2024, down 39.16% sequentially from 0.05% in Q1 2024, and down 111.0% YoY from 0.64% in Q2 2023.
Ocean Power Technologies (OPTT) Return on Invested Capital (2012 - 2024) Analysis & Trends
Ocean Power Technologies has reported Return on Invested Capital for 12 years, with the latest figure at 0.07% in Q2 2024.
- Quarterly Return on Invested Capital fell 111.0% year-over-year to 0.07% in Q2 2024, while the trailing twelve-month figure through Apr 2024 was 0.07% (down 111.0% YoY) and the FY2023 annual result came in at 3.7%, down 3308.0% from the prior year.
- Return on Invested Capital retreated to 0.07% in Q2 2024 per OPTT's latest filing, from 0.05% in the prior quarter.
- Over five years, Return on Invested Capital peaked at 4.68% in Q2 2022 and troughed at 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.
- The sharpest annual moves came in 2022 and 2023: Return on Invested Capital increased 10 bps in 2022, then plunged 364 bps in 2023.
- Over 4 years, Return on Invested Capital 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 plunged by 107 bps to 0.07% in 2024.
- According to Business Quant data, Return on Invested Capital over the past three periods registered 0.07%, 0.05%, and 1.04% for Q2 2024, Q1 2024, and Q2 2023 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn | - |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn | 0.01% |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn | 0.00% |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn | 0.00% |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn | 0.00% |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn | 0.00% |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn | 0.00% |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn | 0.01% |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn | 0.03% |
| 10 | Ocean Power Technologies | 36.77 Mn | 29.67 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% |