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Tenneco (Tenneco) 3-Year ROIIC % : 5.65% (As of Dec. 2021)


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What is Tenneco 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Tenneco's 3-Year ROIIC % for the quarter that ended in Dec. 2021 was 5.65%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Tenneco's 3-Year ROIIC % or its related term are showing as below:

TEN's 3-Year ROIIC % is not ranked
in the Vehicles & Parts industry.
Industry Median: 6.05 vs TEN: 5.65

Tenneco 3-Year ROIIC % Historical Data

The historical data trend for Tenneco's 3-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.

Tenneco 3-Year ROIIC % Chart

Tenneco Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
3-Year ROIIC %
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Tenneco Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of Tenneco's 3-Year ROIIC %

For the Auto Parts subindustry, Tenneco's 3-Year ROIIC %, along with its competitors' market caps and 3-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.


Tenneco's 3-Year ROIIC % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tenneco's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Tenneco's 3-Year ROIIC % falls into.



Tenneco 3-Year ROIIC % Calculation

Tenneco's 3-Year ROIIC % for the quarter that ended in Dec. 2021 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 168.435 (Dec. 2021) - 295.9856 (Dec. 2018) )/( 6719 (Dec. 2021) - 8978 (Dec. 2018) )
=-127.5506/-2259
=5.65%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-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.


Tenneco  (NYSE:TEN) 3-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.


Tenneco 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Tenneco's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Tenneco (Tenneco) Business Description

Traded in Other Exchanges
N/A
Address
500 North Field Drive, Lake Forest, IL, USA, 60045
Tenneco's emissions-control products meet strict air-quality legislation, optimize engine performance, improve fuel economy, and acoustically tune engine sound to fit a vehicle's profile. Ride-control products enhance safety by enabling improved steering, braking, and acceleration as well as ride comfort. Champion, Fel-Pro, Moog, Monroe, and Walker are some of Tenneco's well-known aftermarket brands. In 2021, 40% of revenue came from North America, 36% from Europe, 18% from China, and 6% other regions.
Executives
Nathan P. Bowen officer: Executive Vice President* 7450 N. MCCORMICK BLVD, SKOKIE IL 60076
Jane L Warner director C;/O WESTVACO CORP, ONE HIGH RIDGE PARK, STAMFORD CT 06905
James S Metcalf director USG CORP, 125 S FRANKLIN STREET DEPT 188, CHICAGO IL 60606
Dennis J Letham director C/O TENNECO INC, 500 FIELD DRIVE, LAKE FOREST IL 60045
Michelle Kumbier director 3700 WEST JUNEAU AVENUE, MILWAUKEE WI 53208
John W. Wehrenberg officer: Executive Vice President* 7450 N. MCCORMICK BLVD., SKOKIE IL 60076
Carl C Icahn 10 percent owner C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Sabatino Thomas J Jr officer: Executive Vice President* C/O JAN STERN REED BAXTER INTERNATIONAL, ONE BAXTER PARKWAY DF2 2W, DEERFIELD IL 60015
John S Stroup director 1 N. BRENTWOOD BLVD., SUITE 1500, ST. LOUIS MO 63105
Matti Masanovich officer: Executive Vice President* COLLINS & AIKMAN CORPORATION, 250 STEPHENSON HIGHWAY, TROY MI 48083
Scott Usitalo officer: Executive Vice President 7450 N. MCCORMICK BLVD., SKOKIE IL 60076
Thomas C Freyman director 500 NORTH FIELD DRIVE, LAKE FOREST IL 60045
Kevin Baird officer: Executive Vice President* 500 NORTH FIELD DRIVE, LAKE FOREST IL 60045
Aleksandra A Miziolek director C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Roy V Armes director