Virgin Galactic Holdings (SPCE) Return on Invested Capital (2019 - 2023)
Virgin Galactic Holdings (SPCE) reported Return on Invested Capital of 1.77% for Q3 2023, down 14.0% on a YoY basis from 2.06% in Q3 2022, and up 5.18% sequentially from 1.86% in Q2 2023.
Virgin Galactic Holdings (SPCE) Return on Invested Capital (2019 - 2023) Analysis & Trends
Virgin Galactic Holdings (SPCE) has 5 years of Return on Invested Capital data on file, last reported at 1.77% in Q3 2023.
- For the quarter ending Q3 2023, Return on Invested Capital fell 14.0% year-over-year to 1.77%; the trailing twelve-month figure through Sep 2023 stood at 1.77% (down 14.0% YoY), and the FY2022 full-year result was 1.71%, up 42.0% from the prior year.
- Return on Invested Capital grew to 1.77% in Q3 2023, from 1.86% in the prior quarter.
- In the past five years, Return on Invested Capital ranged from a high of 0.7% in Q4 2019 to a low of 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.
- Across the five-year window, Return on Invested Capital plunged 725 bps in 2020 and surged 685 bps in 2022, its largest moves.
- Tracing SPCE's Return on Invested Capital over 5 years: stood at 0.7% in 2019, then plunged by 1037 bps to 7.95% in 2020, then surged by 73 bps to 2.13% in 2021, then grew by 20 bps to 1.71% in 2022, then fell by 4 bps to 1.77% in 2023.
- Business Quant data shows SPCE's Return on Invested Capital at 1.77% in Q3 2023, 1.86% in Q2 2023, and 1.77% in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 374.09 Bn | 364.74 Bn | -3.10 Bn | 0.01% |
| 2 | Rtx | 289.96 Bn | 281.66 Bn | 9.91 Bn | 0.01% |
| 3 | Boeing | 169.08 Bn | 149.06 Bn | 2.41 Bn | 0.00% |
| 4 | Lockheed Martin | 133.21 Bn | 129.42 Bn | 2.45 Bn | 0.02% |
| 5 | Howmet Aerospace | 113.28 Bn | 110.84 Bn | 854.00 Mn | 0.07% |
| 6 | General Dynamics | 103.37 Bn | 99.03 Bn | 6.76 Bn | 0.01% |
| 7 | Northrop Grumman | 76.55 Bn | 74.24 Bn | 3.72 Bn | - |
| 8 | TransDigm | 73.02 Bn | 69.13 Bn | 1.51 Bn | 0.08% |
| 9 | L3Harris Technologies | 51.85 Bn | 51.26 Bn | 1.40 Bn | 0.02% |
| 10 | Virgin Galactic Holdings | 126.04 Mn | 126.04 Mn | -17.93 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | -1.77% |
| Jun 30, 2023 | -1.86% |
| Mar 31, 2023 | -1.77% |
| Dec 31, 2022 | -1.71% |
| Sep 30, 2022 | -1.62% |
| Jun 30, 2022 | -1.39% |
| Mar 31, 2022 | -1.25% |
| Dec 31, 2021 | -2.13% |
| Sep 30, 2021 | -8.40% |
| Jun 30, 2021 | -8.24% |
| Mar 31, 2021 | -7.95% |
| Dec 31, 2020 | -7.95% |
| Sep 30, 2020 | -2.32% |
| Jun 30, 2020 | -1.03% |
| Mar 31, 2020 | -0.77% |
| Dec 31, 2019 | -0.70% |