Virgin Galactic Holdings (SPCE) Return on Invested Capital (2019 - 2026)

Virgin Galactic Holdings has reported Return on Invested Capital for 5 years, with the latest figure at 1.77% in Q3 2023.

• Quarterly Return on Invested Capital fell 14.0% year-over-year to 1.77% in Q3 2023, while the trailing twelve-month figure through Sep 2023 was 1.77% (down 14.0% YoY) and the FY2022 annual result came in at 1.71%, up 42.0% from the prior year.
• Return on Invested Capital grew to 1.77% in Q3 2023 per SPCE's latest filing, from 1.86% in the prior quarter.
• Over five years, Return on Invested Capital peaked at 0.7% in Q4 2019 and troughed at 8.4% in Q3 2021.
• A 5-year average of 3.18% and a median of 1.77% in 2023 frame the typical range for Return on Invested Capital.
• The sharpest annual moves came in 2020 and 2022: Return on Invested Capital slumped 725 bps in 2020, then jumped 685 bps in 2022.
• Over 5 years, Return on Invested Capital stood at 0.7% in 2019, then tumbled by 1037 bps to 7.95% in 2020, then surged by 73 bps to 2.13% in 2021, then gained by 20 bps to 1.71% in 2022, then slipped by 4 bps to 1.77% in 2023.
• According to Business Quant data, Return on Invested Capital over the past three periods registered 1.77%, 1.86%, and 1.77% for Q3 2023, Q2 2023, and Q1 2023 respectively.