Friedman Industries (FRD)
Friedman Industries Return on Invested Capital: 15.34%
View FRD Return on Invested Capital with YCharts Pro.
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FRD Return on Invested Capital Rankings
| Overall | 84th percentile | 659 of 4158 |
| Sector | 81st percentile | 85 of 465 in Basic Materials |
| Industry | 85th percentile | 4 of 28 in Steel & Iron |
FRD Return on Invested Capital Range, Past 5 Years
| Minimum | -1.27% | Dec 2009 |
| Maximum | 30.16% | Dec 2008 |
| Average | 13.08% |
About Return on Invested Capital (ROIC)
ROIC is an acronym for "Return on Invested Capital", and it is a concept that doesn't have a fixed definition. In YCharts, it is the net income that a company earned as a percentage of all of the capital given to a company by shareholders and debt holders. It is a ratio that tries to answer the question: "If I gave $1 to this company, how much money could the company earn by investing that $1?" A ROIC of 5% means that the company can return $0.05 per dollar invested.
ROIC is often considered a more reasonable estimate of managerial performance than Return on Equity (ROE) because it takes into account investments by debt holders, which should be invested to increase net income.
It is also more reasonable than Return on Assets (ROA) because it only assumes that capital which was "invested" into the company can be used to earn income.
Learn More
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FRD News
about 46 days ago by hamboneMJ
Mar 26, 6:23AM Street Insider
about 73 days ago by RecogniaEvents
about 76 days ago by RecogniaEvents
Sep 01, 5:27PM Street Insider
about 314 days ago by stocktilludrop
about 321 days ago by DynamicDividend
about 336 days ago by DynamicDividend
about 336 days ago by DynamicDividend
about 336 days ago by stocktilludrop
Jun 27, 6:08PM Business Wire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| FRD | 10.08 | +0.01 | +0.10% | 68.54M |
| FRC | 32.85 | -0.10 | -0.30% | 4.272B |
| FRBK | 1.91 | -0.05 | -2.55% | 49.60M |
| FRA | 14.27 | -0.08 | -0.56% | |
| FCO | 13.49 | -0.06 | -0.44% | |
| FCNCA | 166.83 | +1.83 | +1.11% | 1.715B |
| FCLF | 6.00 | +0.23 | +3.99% | 46.32M |
| FCL | 27.88 | +0.13 | +0.47% | |
| GFIG | 2.79 | +0.01 | +0.36% | 329.72M |
| GFI | 13.29 | +0.14 | +1.06% | 9.629B |
