Piedmont Natural Gas (PNY)
Piedmont Natural Gas Return on Invested Capital: 6.36%
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PNY Return on Invested Capital Rankings
| Overall | 55th percentile | 1853 of 4161 |
| Sector | 80th percentile | 21 of 109 in Utilities |
| Industry | 69th percentile | 8 of 26 in Gas Utilities |
PNY Return on Invested Capital Range, Past 5 Years
| Minimum | 6.05% | Oct 2007 |
| Maximum | 9.01% | Jan 2010 |
| Average | 7.00% |
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.
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PNY News
about 12 hours ago by tooezy4me
May 29, 10:36AM PR Newswire
about 15 days ago by RecogniaEvents
about 85 days ago by DynamicDividend
Mar 08, 11:07AM Street Insider
about 85 days ago by earningscast
about 87 days ago by ScholzCapital
about 92 days ago by StockTwits
about 92 days ago by DynamicDividend
Feb 27, 8:53AM PR Newswire
about 135 days ago by MarketBrief
about 149 days ago by earningscast
about 266 days ago by Benzinga
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| PNY | 30.30 | +0.63 | +2.12% | 2.146B |
| PNX | 1.61 | -0.02 | -1.23% | 189.59M |
| PNW | 49.35 | +0.50 | +1.02% | 5.337B |
| PLX | 6.42 | +0.07 | +1.10% | 576.71M |
| PLUS | 31.43 | -0.27 | -0.85% | 255.50M |
| PLUG | 1.17 | +0.02 | +1.62% | 43.49M |
| PLT | 30.08 | -0.46 | -1.51% | 1.313B |
| PLPC | 54.81 | -1.51 | -2.68% | 292.14M |
| PLOW | 12.78 | -0.12 | -0.93% | 285.48M |
| PLNR | 1.85 | +0.05 | +2.78% | 36.67M |
