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K-Bro Linen (TSX:KBL) 1-Year ROIIC % : 86.32% (As of Mar. 2024)


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What is K-Bro Linen 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. K-Bro Linen's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was 86.32%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for K-Bro Linen's 1-Year ROIIC % or its related term are showing as below:

TSX:KBL's 1-Year ROIIC % is ranked better than
83.55% of 997 companies
in the Business Services industry
Industry Median: 4.52 vs TSX:KBL: 86.32

K-Bro Linen 1-Year ROIIC % Historical Data

The historical data trend for K-Bro Linen's 1-Year ROIIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

K-Bro Linen 1-Year ROIIC % Chart

K-Bro Linen Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.17 20.59 9.44 41.14 51.84

K-Bro Linen Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
1-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.76 28.95 61.89 51.84 86.32

Competitive Comparison of K-Bro Linen's 1-Year ROIIC %

For the Specialty Business Services subindustry, K-Bro Linen's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


K-Bro Linen's 1-Year ROIIC % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, K-Bro Linen's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where K-Bro Linen's 1-Year ROIIC % falls into.



K-Bro Linen 1-Year ROIIC % Calculation

K-Bro Linen's 1-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 22.0471 (Mar. 2024) - 10.0716 (Mar. 2023) )/( 313.706 (Mar. 2024) - 299.833 (Mar. 2023) )
=11.9755/13.873
=86.32%***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


K-Bro Linen  (TSX:KBL) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


K-Bro Linen 1-Year ROIIC % Related Terms

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K-Bro Linen (TSX:KBL) Business Description

Traded in Other Exchanges
Address
14903-137 Avenue N.W., Edmonton, AB, CAN, T5V 1R9
K-Bro Linen Inc is a healthcare and hospitality laundry and linen processor in Canada. It operates in major cities across Canada, and has two distribution centers, providing management services and laundry processing of hospitality, healthcare, and specialty linens. The company provides vital products and services that help people heal, travel, live, and play. It helps hospitals and extended care centers care for the young, old, and vulnerable in environmentally responsible ways. It operates through two divisions, which are the Canadian division and the United Kingdom division.
Executives
K-bro Linen Inc. Issuer

K-Bro Linen (TSX:KBL) Headlines

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