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
DateValue
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%