LXP Industrial Trust ROIC
What is the ROIC of LXP Industrial Trust?
The ROIC of LXP Industrial Trust is 1.90%
What is the definition of ROIC?
Return on invested capital (ROIC) is a financial ratio that measures how efficient a company is at allocating the capital under its control to profitable investments.
= NOPAT / Invested capital = EBIT * (1 - tax rate) / (2-year average liabilities + 2-year average shareholder equity)
Return on invested capital (ROIC) ratio gives investors a sense of how well a company is using money under its control to generate profitable returns.
ROIC can be used as a benchmark to calculate the valuation of companies across industries. A higher ROIC means the company is doing a better job of investing the money from shareholders and bondholders to run the business. A company is creating value if its ROIC exceeds 2%. If its ROIC is under 2%, the company is likely destroying value and has no excess capital to invest in future growth.
You can calculate ROIC with the following formula:
NOPAT = Net operating profit after tax
Invested Capital = Average total liabilities + Average shareholders' equity
The averages of liabilities and shareholders' equity are calculated as geometrical averages of the last two annual values from the company's balance sheet.
ROIC of companies in the Real Estate sector on NYSE compared to LXP Industrial Trust
What does LXP Industrial Trust do?
lexington realty trust is a real estate investment trust that invests in, owns and manages commercial properties net leased to major corporations throughout the united states. in addition, the company provides investment advisory and asset management services to investors in the net lease area.
Companies with roic similar to LXP Industrial Trust
- Nanogate AG has ROIC of 1.89%
- Pilani Investment and Industries has ROIC of 1.89%
- International Parkside Products has ROIC of 1.89%
- Henderson Alternative Strategies Trust Plc has ROIC of 1.89%
- HBT Inc has ROIC of 1.89%
- Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft has ROIC of 1.89%
- LXP Industrial Trust has ROIC of 1.90%
- Automobile of Goa has ROIC of 1.90%
- QBE Insurance has ROIC of 1.90%
- Greenland Hong Kong has ROIC of 1.90%
- Macatawa Bank has ROIC of 1.90%
- Z has ROIC of 1.90%
- BigBen Interactive has ROIC of 1.90%