Red Hat (RHT)
Red Hat Return on Invested Capital: 10.80%
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RHT Return on Invested Capital Rankings
| Overall | 73rd percentile | 1120 of 4161 |
| Sector | 69th percentile | 237 of 766 in Technology |
| Industry | 56th percentile | 34 of 78 in Application Software |
RHT Return on Invested Capital Range, Past 5 Years
| Minimum | 4.76% | May 2007 |
| Maximum | 10.92% | Nov 2011 |
| Average | 7.74% |
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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RHT News
May 29, 12:00PM Business Wire
May 29, 10:00AM Business Wire
May 29, 10:00AM Business Wire
about 5 days ago by WorldJazz59
about 7 days ago by investorsmosaic
May 24, 4:15PM Business Wire
about 7 days ago by howardlindzon
about 13 days ago by MPI
about 14 days ago by chuckykilo
May 17, 8:00AM Business Wire
about 16 days ago by tradewithpete
about 16 days ago by 1nvestor
May 15, 11:30AM Business Wire
about 17 days ago by tradewithpete
about 21 days ago by ogfomk
May 09, 10:30AM Business Wire
May 09, 9:30AM Business Wire
May 08, 9:10AM Benzinga
Apr 03, 8:00AM Business Wire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| RHT | 51.35 | -0.18 | -0.35% | 9.953B |
| RES | 10.39 | -0.25 | -2.35% | 2.335B |
| RENT | 16.28 | +0.07 | +0.43% | 178.31M |
| RENN | 4.74 | +0.19 | +4.18% | 1.168B |
| REN | 8.75 | +0.11 | +1.27% | 526.52M |
| REMX | 13.49 | -0.06 | -0.47% | |
| REM | 14.02 | +0.01 | +0.07% | |
| RELV | 1.39 | +0.06 | +4.50% | 16.65M |
| RELL | 11.65 | -0.07 | -0.60% | 198.65M |
| REIS | 8.60 | +0.00 | +0.00% | 91.85M |