Meadowbrook Insurance Group (MIG)
Meadowbrook Insurance Group Return on Invested Capital: 5.36%
View MIG Return on Invested Capital with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
MIG Return on Invested Capital Rankings
| Overall | 50th percentile | 2046 of 4161 |
| Sector | 65th percentile | 293 of 842 in Financial |
| Industry | 55th percentile | 35 of 78 in Property & Casualty Insurance |
MIG Return on Invested Capital Range, Past 5 Years
| Minimum | 5.36% | Mar 2012 |
| Maximum | 9.34% | Sep 2010 |
| Average | 7.96% |
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
You may also be interested in these MIG related companies
MIG News
Apr 30, 5:58PM Street Insider
Apr 30, 4:01PM PR Newswire
Apr 04, 4:01PM PR Newswire
Mar 28, 2:05PM Street Insider
Mar 14, 4:01PM PR Newswire
about 80 days ago by DynamicDividend
about 100 days ago by stockpundits
about 107 days ago by Benzinga
Feb 14, 4:03PM Street Insider
Feb 14, 4:01PM PR Newswire
about 125 days ago by TradeIdeasQuant
about 125 days ago by TradeIdeasQuant
Jan 26, 8:00AM Benzinga
Jan 26, 7:46AM Street Insider
about 142 days ago by MarketBrief
about 143 days ago by MarketBrief
about 143 days ago by howardlindzon
Jan 09, 1:50PM PR Newswire
about 213 days ago by Benzinga
Oct 31, 4:09PM Street Insider
about 213 days ago by MarketBrief
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| MIG | 8.85 | -0.17 | -1.88% | 450.64M |
| MIDD | 101.89 | -2.09 | -2.01% | 1.901B |
| MIC | 33.49 | -0.10 | -0.30% | 1.552B |
| MHY | 6.12 | -0.10 | -1.61% | |
| MHR | 4.00 | -0.21 | -4.99% | 522.28M |
| MHP | 43.82 | -0.62 | -1.40% | 12.20B |
| MHLD | 8.16 | +0.19 | +2.38% | 589.32M |
| MHK | 68.11 | -1.89 | -2.70% | 4.687B |
| MHI | 15.65 | +0.00 | +0.00% | |
| MCRI | 9.24 | -0.14 | -1.49% | 149.13M |